Monday Midnight Opinions - CST - 2/28/2022

[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 

*** Pimpy  Article: "A government official warns of an economic shock to the country exchange rate"  Quote: "Former director of finance supervision bureau...ruled out returning the dollar exchange rate to its previous era."  This is the word [Era] that caught my attention.  They're not talking about the previous rate of 1190.  I think they're actually talking about the reinstatement rate of $3.22...it almost looks like there are some discussions of a possible reinstatement [to $3.22]. [Post 1 of 2].

 

*** Pimpy   I think that's not possible only because I think it would shock the economy... if they did increments it wouldn't be a huge shock to the economy...the fact that they're using the word "era" and they're talking about a major shock to the economy makes me believe that they're actually considering the $3.22 rate...very very interesting article...I think they're actually talking about it.[Post 2 of 2].

 

 

 

*** Kaperoni  Over the last 10-15 years the IMF in various Article IV Consultations with Iraq have laid it out very clearly the objectives for Iraq, the monetary policy and the stability of the financial system...An excellent article came out over the weekend in which an Iraqi economist talked about how floating the Iraqi dinar would allow the currency to appreciate as well as end the daily currency auctions. I believe this is the directive, the IMF has described...

 

*** Frank26   We have a lot of articles...in the hundreds now and they all talk about the fact that the Iraqi dinar is about to be lifted in value.  I don't know of anybody that's out there saying it's never going to happen.  Everybody knows it's going to happen.

 

*** Pimpy  Article Quote: "...parliament held a session today, Monday, to discuss the dollar exchange rate and the presence of the finance minister..."  They're discussing the exchange rate.  We'll see what comes out of it...Y'all should be a little excited about it but don't get overwhelmed and stay grounded...

 

 

Edited March 1, 2022 by ronscarpa

[Kenny_Logins]

Where does Frank supposedly get all these articles? The newshounds in this forum do a thorough job of scouring all the Iraqi news sites and they don't post the same articles Frank is talking about.

[cjdavid]

Oh Pimpy….the world economy is still in shock from the plandemic!

The world economy does not care what the dinar comes out at unless your invested in it. 

[goldwinger57]

and here we still sit

[yendor]

1 hour ago, goldwinger57 said:

and here we still sit

 

 

EXACTLY !  Talk is cheap.   Action speaks louder than words.

 

BUT,  WE  ARE  CLOSER  THAN  WE  HAVE  EVER  BEEN  BEFORE ! ! ! 

[trvlr787]

24 minutes ago, yendor said:

 

 

EXACTLY !  Talk is cheap.   Action speaks louder than words.

 

BUT,  WE  ARE  CLOSER  THAN  WE  HAVE  EVER  BEEN  BEFORE ! ! ! 

Kind of like closer to dieing than we have ever been before. 

[jg1]

3 minutes ago, trvlr787 said:

Kind of like closer to dieing than we have ever been before. 

Ya, im feeling it creep up on me like a bad case of Montezuma‘s revenge.

[Artitech]

8 hours ago, Kenny_Logins said:

Where does Frank supposedly get all these articles? The newshounds in this forum do a thorough job of scouring all the Iraqi news sites and they don't post the same articles Frank is talking about.

It’s because they don’t exist, Frank makes up all those stories! He’s full of $h!+ . JMHO 

[yendor]

5 minutes ago, Artitech said:

It’s because they don’t exist, Frank makes up all those stories! He’s full of $h!+ . JMHO 

 

 

Ha Ha ! I don't think that you have an exclusive hold on that opinion..... There are a few thousand Dinar Vets that have that same opinion !!!! By the way, where IS Okie?

 

[Artitech]

Okie is circling the field, somewhere close to Okie City! 🤠