Sunday Afternoon Opinions @ 3:53 PM CDT - 7/10/2022

[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 

 

 

*** Tivon  {Response to Guest Guru Humble1 @ lunchtime}  The Budget" require the full power of the government. Not the EFSL. Big difference. That's why in the same article they state they either pass the budget (Which They Can't) or put full power behind the EFSL sense it is already in the Gazette and doesn't require a formation of the GOI because Al-Kazemi is cabinet is considered already seated. Why do you think he was able to pass the EFSL without a GOI?

 

*** Kaperoni  What will happen to the dinar has already been clearly documented by the IMF back in 2013.  Many didn't believe it, but this is how monetary policy works. There is no RV. If and when the dinar ever goes up in value it will via float based on the economic growth of Iraq's economy.

 

 

[ronscarpa]

Added @ 6:20PM CDT:

 

*** Samson  Article: "The Central Bank : There is no future plan that includes changing the exchange rate" Quote: "The Deputy Governor of the Central Bank, Ammar Khalaf, said in a statement to the Iraqi News Agency (INA): “The exchange rate at the present time - in our belief as a monetary authority - there is no justification for changing it...The economic circumstance is the main ruler...”

 

[sgtsanders]

3 hours ago, ronscarpa said:

Added @ 6:20PM CDT:

 

*** Samson  Article: "The Central Bank : There is no future plan that includes changing the exchange rate" Quote: "The Deputy Governor of the Central Bank, Ammar Khalaf, said in a statement to the Iraqi News Agency (INA): “The exchange rate at the present time - in our belief as a monetary authority - there is no justification for changing it...The economic circumstance is the main ruler...”

 

 

Smoke and mirrors! We must be getting very close!!!!