Thursday Early Morning Opinions - 8:55 AM CST - 1/20/2022

[ronscarpa]

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  There's just more and more and more that points in the direction of what we want.  The Middle East 's currency basket will not accept a program rate.  It will drag down the rate of all the other currencies in the basket and that's the opposite effect of a basket. A basket is with powerful currencies that's supports each other and increases the value...it's not a secret.

 

 

*** Mnt Goat ...prior to the 1991 Gulf war with Iraq the dinar was over $3. If you go back to the late 1940’s it was over $4. So, what has changed? ... it seems to me the only thing that has changed in Iraq is in even a better economic position now then in the early 1990's or 1940’s.  Iraq is now even by far a richer country so why do they still suppress the RATE of the currency if the VALUE has risen so much?  ...Yes, it is being intentionally suppressed. But why? ...we know once they move the dinar to the global trading platforms i.e. FOREX, the ability to manipulate the currency is restricted. This restricts corruption and stops much of the stealing of the Iraqi wealth...

 

 

[ronscarpa]

Added @ 9:38 AM CST:

 

*** Frank26 Article: "The central bank hits the government's most important justification for changing the exchange rate"  The auctions now belong only to the CBI!  And they are pithing 1%-2% compliance!  But more importantly...Iran is gone from the auctions.  Amen.  Amen.  Amen.