Monday Night Opinions - 11:20 PM CDT - July 4th, 2022

[ronscarpa]

Happy Independence Day - July 4th

 

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:  "The Central Bank of Iraq: The exchange rate cannot be changed, and this is the size of the gold and currency reserves"  Another article talking about the Iraqi exchange rate.  This might not be anything other than the fact that they just keep reminding people that the exchange rate is not going to change.  But it is kind of hard not to remember what happened over there in Kuwait when they told everybody it would be years and then turn around and did the rate change the next day...

 

*** Sandy Ingram  Article:  "Russia's Middle East Footprint Expands With New Iran-Iraq Plan"  the withdrawal of Al-Sadr's group from the Iraqi government COULD open the door for Moscow...

 

*** Walkingstick  [via Frank26]  As far as the budget maybe coming out in October, remember the rate is not waiting on the budget.  The budget is waiting on the rate...what is needed is a seated government for all of this to come together. 

*** Samson   Article:  "Al-Kazemi: Failure to pass the budget leads to a delay of about 10 years in providing services in Iraq"   Quote:  "in 2020, we did not have a budget, and in the following year 2021 the budget was available, and now in 2022 there is no budget, so how can the government work and provide the best without Budget?"

 

*** Kaperoni ...Guru Pimpy says Iraq is not going to replace the dinar...Not true, this is exactly what they're talking about ..issuing a new Iraqi dinar replacing the old.

 

 

[ronscarpa]

*** Kaperoni ...Guru Pimpy says Iraq is not going to replace the dinar...Not true, this is exactly what they're talking about..issuing a new IQD replacing the old.  COMMENT: 

Come on Kaperoni, why would they print more new IQD after the recent printings of IQD. The Lower Denomination (LDs) notes will eventually be released once there is a value change - NOT new IQDs...! Remember, it has been stated by Shabibi, and following CBI Governors that the old notes will co-exist with the new notes once released. Still smoke and mirrors - it's all about timing..!  Blessings ... RON 

[screwball]

5 hours ago, ronscarpa said:

*** Kaperoni ...Guru Pimpy says Iraq is not going to replace the dinar...Not true, this is exactly what they're talking about..issuing a new IQD replacing the old.  COMMENT: 

Come on Kaperoni, why would they print more new IQD after the recent printings of IQD. The Lower Denomination (LDs) notes will eventually be released once there is a value change - NOT new IQDs...! Remember, it has been stated by Shabibi, and following CBI Governors that the old notes will co-exist with the new notes once released. Still smoke and mirrors - it's all about timing..!  Blessings ... RON 

maybe just maybe the new dinar is the lower denoms????

[screwball]

Just now, screwball said:

Remember, it has been stated by Shabibi, and following CBI Governors that the old notes will co-exist with the new notes once released.

100% correct and they said the could carry a rate of 5$

[ronscarpa]

2 hours ago, screwball said:

maybe just maybe the new dinar is the lower denoms????

 

That's exactly what I pointed out..!