ronscarpa Posted May 24, 2022 Report Share Posted May 24, 2022 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 *** Kaperoni ...Breitling thinks that if you believe Iraq is going to LOP you should not be in this investment. That's... smart...for the past 10 months or so the symposiums in Iraq have been educating the citizens about a currency exchange/LOP...it does not necessarily mean that is what is going to occur. In order for them to do a currency exchange, the CBI, IMF and parliament would have to approve such an event. [Post 1 of 2....REPOSTED] *** Kaperoni The IMF has already made it very clear that they want Iraq to build a private sector and diverse economy away from oil allowing the currency to gradually appreciate over time...I think there are two opinions on monetary policy in Iraq. One of which relies on the economic growth and success of Iraq. Then the other one being just an alternative status quo. [Post 2 of 2] 1 1 1 Quote Link to comment Share on other sites More sharing options...
yendor Posted May 24, 2022 Report Share Posted May 24, 2022 7 hours ago, ronscarpa said: 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 *** Kaperoni ...Breitling thinks that if you believe Iraq is going to LOP you should not be in this investment. That's... smart...for the past 10 months or so the symposiums in Iraq have been educating the citizens about a currency exchange/LOP...it does not necessarily mean that is what is going to occur. In order for them to do a currency exchange, the CBI, IMF and parliament would have to approve such an event. [Post 1 of 2....REPOSTED] *** Kaperoni The IMF has already made it very clear that they want Iraq to build a private sector and diverse economy away from oil allowing the currency to gradually appreciate over time...I think there are two opinions on monetary policy in Iraq. One of which relies on the economic growth and success of Iraq. Then the other one being just an alternative status quo. [Post 2 of 2] STATUS QUO seems to be the order of the day for the past 2 decades, ya thinks ? 1 Quote Link to comment Share on other sites More sharing options...
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