Sunday Night Opinions @ 11:25 PM CST - 2/05/2023

[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 ....  RON 

 

 

Pimpy  When Sudani said they were going to restore the original rate, what they're talking about is making sure the exchange rate is closer to the 1450 not $3.23...No they are not going to change the exchange rate to $3.22. I'm sorry to always be the bad guy... Pimple, how can it be at 1450 and be "stronger than the dollar" as Sudani says...? Just sayin'...! RON 

 

Frank26   [Iraq boots-on-the-ground report]  FIREFLY: Bank friend said his opinion is they are doing everything they can to stop the smuggling and this is why the dollar exchange rate is so high.  Once the smuggling is under control and corrupt are held accountable then they will work on the dinar rate increase.  But this has to be done first. FRANK: For many generations Iran has been stealing from Iraq but now under the new leadership...they are protecting your banks, money and future...like your bank friend said, as soon as they are done talking to the United States about the dinar and the exchange rate verses the USD then you will see what you are looking for.  And it is very close IMO...

 

Deepwoodz  1460 is not an international rate...The dollar is on the way out which means the dinar is on the way in. Not the same ole 000 notes because that’s going backwards...They already know how to use a 1, 5, 10, 20, 50, and especially a 100. All they gotta do is change the dollar to a dinar and bada bing bada boom. From there it’s a float up to the glory days...I wouldn’t be surprised to see a 3+ start to that float. If Sudani really said original price, maybe he meant before America arrived in force. According to google timeline, on Dec. 5, 2003, Iraqs rate was 1 dinar = 3.35 usd. I think we can agree it’s ok to run from there! (Sorry Deepwoodz - if they said that Google is totally wrong - The New  IQD came out in 2003 at 3000 IQD to 1 USD. Before the release, the Saddam dinars were pennies). RON 

 

Edited February 6, 2023 by ronscarpa
spelling in title

[screwball]

50 minutes ago, ronscarpa said:

bada bing bada boom.

if only it was that easy....

[MommaMia]

Saddam Hussein became the president of Iraq on July 16th, 1979. In 1980, Iraq’s economy hit its absolute peak. The value of the Iraqi Dinar had been strong, the economy was growing, and the treasury was overflowing with foreign exchange before Mr. Hussein took office. The beginning of the Iran-Iraq War in 1980 put an abrupt end to that. Chaos took over politically and economically.

Iraq became a debtor country, instead of a creditor. The economy deteriorated. The economic embargo and the Gulf Wars crumbled the infrastructure further. The Iraqi Dinar’s value collapsed. Hyper-inflation set in quickly. The economy worsened day by day. In the year 2000, Iraq’s GDP was less than half of what it was 1980.
 

The per capita GDP, which was $3.985 USD in 1980, plummeted to $1.097 USD in the year 2000.

 

Saddam destroyed Iraqs economy with hyperinflation and of coarse we all know what took place in 2001 onward to the landing of USTroops invading Iraq. 

Today the IQD is worth $0.001 to the US dollar.

 

So if history is correct previous value year 2000 would be $1.097USD per IDQ. 
 

I think these are the facts of IDQ. 

We can now only hope that Iraqs government can pull together satisfy the CBI and prove investors are headed their way to invest in Iraq. 
 

I have faith the value of the IQD will get a new value. 

 

[Danishere4news2]

12 hours ago, ronscarpa said:

 

Frank26   [Iraq boots-on-the-ground report]  FIREFLY: Bank friend said his opinion is they are doing everything they can to stop the smuggling and this is why the dollar exchange rate is so high.  Once the smuggling is under control and corrupt are held accountable then they will work on the dinar rate increase.  But this has to be done first. FRANK: For many generations Iran has been stealing from Iraq but now under the new leadership...they are protecting your banks, money and future...like your bank friend said, as soon as they are done talking to the United States about the dinar and the exchange rate verses the USD then you will see what you are looking for.  And it is very close IMO...

 

And you know this how Frankie? Your contacts? 😆

You have also told your sheeple that if the budget opens at 1460, 1400, whatever....that's ok because they can change it instantly. This of course is nonsense. To open a budget, only to days or weeks later to change all of the budgeted calculations, is not only impractical.....it just is not true at all imo

[ronscarpa]

5 hours ago, MommaMia said:

I think these are the facts of IDQ.  
We can now only hope that Iraqs government can pull together satisfy the CBI and prove investors are headed their way to invest in Iraq.  

I have faith the value of the IQD will get a new value. 

 

Here's a graph which more accurately shows the value of the Iraqi Dinar over time:

We know what happened since 2005 when it was 1168-70 IQD/$1 ....RON 

 

http://www.iraqi-dinar-4escape.com/images/Iraqi-Dinar-graph_history.gif

 

 

http://www.iraqi-dinar-4escape.com/images/Iraqi-Dinar-graph_history.gif

 

Edited February 6, 2023 by ronscarpa

[ronscarpa]

 

 

http://www.babylonrisingblog.com/images/DinarChart.jpg

 

 

 

 

This was until they changed the rate to 1200 then 1460 IQD/USD....

Edited February 6, 2023 by ronscarpa

[ronscarpa]

Here's one more good one...!