Thursday Midnight Opinions - CDT - 9/08/2022

[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  This is good news.  Article: "Officially.. Iran is offering the Iraqi dinar in its local banks"  The more people to use the dinar the more there is a demand for it...this is good.  Think supply and demand...If you don't get the supply to cover it then that means the currency goes up in value.  So far Iraq has done dang near everything it needed to do to increase the exchange rate of the Iraqi dinar with the exception of having a stable government and a stable economy and avoiding uprisings. 

 

*** Frank26 [Iraq boots-on-the-ground report] FIREFLY:  Iran is offering and using Iraqi dinars in Iranian banks as of today. FRANK: That's why Kazemi and the leaders of Iraq went over to see the leaders of Iran and tell them you're not in control of my country anymore...if you want to be a part of my country you're welcome too....Mustafa (CBI governor] will be here and he'll tell you what you have to do. You can't steal any longer from our banks or our auctions. 

 

*** Militiaman  Article: "Kurdistan Retirement releases salaries online next week"  They are waiting on an agreement with the banks for a specific mechanism to distribute salaries on the 12th of this month.. Interesting way of putting it. "Specific Mechanism " They will have it all sorted electronically and on the new system. 

 

*** Walkingstick  Iran knows, and has known for a very long time, that the Iraqi dinar is about to go up in value. Therefore Iran's attitude is slowly slowly slowly changing - that is better to work with Kazemi and the CBI and Sadr with value than to continue stealing illegally with no value.