Thursday Night Opinions - 9:35 PM CST - 12/01/2022

[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... So, take everything with a grain of salt... Especially if it's from Mark...  RON 

 

 

** Pimpy   I can't see them doing any kind of exchange rate on this budget.  What do I think Iraq will do now? ...Find as much [stolen] money as possible.  Get back on track as quickly as possible.  Issue a new type of Iraq dinar and this could be their excuse when they go to issue the new Iraqi dinar to delete the zeros - kill two birds with one stone. Then go ahead and change the exchange rate...I don't know how much longer they're going to continue to move forward using the current currency that they have given the fact that trillions of dinars have been stolen.  That's just not going to work. 

 

** Mark  Article: in Iraq: “Parliament announces the agenda for the next Saturday session (completion of the ministerial cabinet) “ This is 2 days from now. Some people think this is important and that the CBI wants to see this government properly sat and all squared away before they change the value of the dinar. I still think it is solely within the CBI’s powers …but this is an important article based on what I hear out of Iraq…that the CBI wants to make certain that the government is truly secure.

 

** Kaperoni  Like every year, Iraq's budgets are created in dollars, then converted to dinar at whatever the exchange rate is. There is no significant RV of the Iraqi dinar

 

** Frank26 ...Once you see Article 140...HCL, the next thing you will see will be the new exchange rate...We've see Article 140...HCL is busting open the budget...In my opinion Article 140 activates HCL and that activation alone is what's going to bust open the budget.  In the budget we'll see the birth of Article VIII to the reforms.  Article VIII leads us to Forex...which then leads to a float.

 

 

[screwball]

24 minutes ago, ronscarpa said:

.In my opinion Article 140 activates HCL

could be correct would be first time for Frank

[screwball]

i think people need to think of the RV in the context of the switch for all countries that sign onto BRICS of the QFS and the move to gold back currencies. Iraqs is simple its mandated by law, they are linked to gold and silver!!!

[screwball]

i think 140 and HCL and budget have all been on hold for years as part of the reset and move back to gold standard....