ronscarpa Posted November 20, 2021 Report Share Posted November 20, 2021 (edited) Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] Firefly: Allawi - the guy you told us to pay attention to is talking about our exchange rate. He just told us on TV that our exchange rate should have been changed years ago. He said it needs to float...and then he described how a float is based on supply and demand verses a fixed rate that is backed by gold. He says we also need the lower notes out...he talked about how Iraq already had digitally fixed the lower note issue - just need the lower notes on streets. Frank: The Finance Minister comes out and tells the Iraqi citizens, 'We need a new exchange rate. We need a new currency. [Post 1 of 2].. ** Frank26 [Firefly boots-on-the-ground Iraqi TV update] Frank continued: In fact you guys are loosing money and the reason why is because they don't have enough change to pay you back, you don't have the currency for it. The new exchange rate is going to be calculated on a different denomination - these are lower notes.' We call them small category notes. Same thing. Wow! Firefly: Then Kazemi comes out and he is also saying to us there is a new exchange rate. And he says to us an exchange rate change would be for the Iraq citizens - for the people of Iraq - not for the government. Frank: ..Mustafa will talk to you in two days. [Post 2 of 2].. ****************** Edited November 20, 2021 by ronscarpa 8 2 1 Quote Link to comment Share on other sites More sharing options...
utah rock Posted November 20, 2021 Report Share Posted November 20, 2021 In the immortal words of Sand Fly “thank you”. It could happen 🤷♂️ LET’s GO RV/RI/MONEY IN ME BANK!!!! Quote Link to comment Share on other sites More sharing options...
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