Sunday Evening Opinions - 7:30 PM CST - 2/26/2023

[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 

 

 

Militia Man  The government returned the budget to the finance ministry in order for them to adapt it to a new exchange rate. Our view is the 1310 is something in the past. We believe there's going to be a different change coming...I hope you guys feel like I do. You should be excited...

 

Walkingstick & Frank26  A reinstatement of a currency of a country has never started at a 3+ with its exchange rate. Never...What about Kuwait? ...They reinstated. They put back the rate that they took down...They went back to $3.22. That is a reinstatement. The Iraqi dinar is not doing that. The Iraqi dinar is doing a reinstatement with a re-denomination. That is a completely different story. Kuwait was an RI. Iraq is an RD plus an RI. Kuwait could come out at its original exchange rate of $3+ but Iraq's monetary reform is a completely different matter.  Iraq is a re-denomination that leads to a reinstatement of a new currency, for example the new small category notes.

 

Clare  Article: "Association of Iraqi Banks: Dealing in the Chinese yuan may provide the possibility of reducing import costs" Quote: "the Central Bank will consider, after controlling the exchange rate of the dollar in the balance market, by linking the price of the dinar to the dollar immediately and not at fixed prices."

 

Frank26  [Iraq boots-on-the-ground report] FIREFLY: They are telling us on TV that the dinar is recovering and once again it will be strong. This is their words to us...that it will be strong and stable and they are saying our gas will burn off from our oil will be our energy source and GE is talking about the big deal that they just signed here. FRANK: The monetary reform cannot exist without electricity. You can't get the information to the citizens, you can't do the transfers, you can't do anything...

 

 

[screwball]

1 hour ago, ronscarpa said:

The government returned the budget to the finance ministry in order for them to adapt it to a new exchange rate. Our view is the 1310 is something in the past. We believe there's going to be a different change coming...

🙏⏰

[rvmydinar]

10 hours ago, ronscarpa said:

Walkingstick & Frank26  Iraq is an RD plus an RI. Iraq is a re-denomination that leads to a reinstatement of a new currency, for example the new small category notes.

Hey WS and frankie. How did you know Iraq is an RD plus an RI? Did the government of the cbi tell you face to face behind the scenes?? Or did the triplets ( Kraperoni , Markz , and pimple ) whisper to your ear? Because what dinar holders want are a straight RV ( not an RD plus an RI ).

[cjdavid]

Wait…I got this…RD + RI = …….wait, wait don’t tell me…..R…ummmm…TUV?