Monday Midnight Opinions - CDT - 5/09/2022

[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 

** MilitiaMan  In my view this one has rate implications. The emergency food support bill is what many countries deem as security issues and interestingly enough, there is a food law being talked about in Iraq and even the UST has talked of this topic too. If this is the same thing, there is a rate to be had with it or behind it. We have heard that food security is important and a security issue and a reason the Federal Court Ruled that the present Caretaker Government can get things passed if need be for the benefit of the people, therefore, they will need to secure it with purchase power., i.e., a new exchange rate.

 

 

** Godlover   [Response to MilitiaMan post above] This food security law you speak of is certainly not a good thing if it does not come with the general budget.

 

** Mark...good articles out of Iraq today. Article: “ Financial advisor to the Prime Minister: Financeil abundance is a historic opportunity for Iraq.” They even talked in depth about how it will cost them .6 cents per bill to delete the zeros or printing and replacing the physical notes...but they added that this will not increase purchasing power. That is one of their key issues. So now that they are ISO compliant and can be international ….it is time to do both….increase the purchasing power and delete the zeros. This is conversation over the weekend on Iraqi television. Time to get this abundance to the people …I think this is positive stuff.

 

 

[rvmydinar]

7 hours ago, ronscarpa said:

** Mark So now that they are ISO compliant and can be international ….it is time to do both….increase the purchasing power and delete the zeros. This is conversation over the weekend on Iraqi television. 

On Iraqi TV? What channel? Was that channel 1 discovery channel about nude animals that frankie always talked about before?