ronscarpa Posted May 29 Report Share Posted May 29 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 ⓘ Frank26 [Iraq boots-on-the-ground report] FIREFLY: Government and central bank are saying no dealing in dollars. It's unacceptable and they have a special police force to enforce this and they want all to respect and only use the dinar. Breitling Question: "Do you think Trump put any extra pressure on Iraq [to revalue] when he was in?" No. He wasn't worried about that. He would have supported it if they did. He would have 100%. So would Biden, but it's not a priority to them. It's not part of our [United States'] plan. We're not against it. It's not going to hurt us in any way shape or form because guess what they're going to use when they start revaluing, start buying up like crazy, to put in their reserves to back up their currency? U.S. dollar. [See Margarita and desaddams posts below.] Pimpy People are like, 'Pimpy doesn't know what he's talking about. It's on the Forex in-country, it's floating freely in-country.' No it's not. Yes they do monitor both rates [Official CBI rate and black market rate] but it's for the sole purpose of financial information needed by the Central Bank of Iraq to determine the gap between the two parallel rates and whether or not they need to address it one way or another. desaddams [Response to Margarita in Mid-Morning post] When Ingraham asked how Trump planned to collect money from Iraq, the President said: "Well, we have a lot of their money right now. We have a lot of their money. We have $35 billion of their money right now sitting in an account. And I think they’ll agree to pay. I think they’ll agree to pay. Otherwise, we’ll stay there." Frank26 Q: What happens after the Iraqi dinar de-pegs...after the new exchange rate, the national currency and the coins come out...what's the next step for the Iraqi dinar? The Iraqi dinar is going to float in an International basket...IMO the internal float of the Iraqi dinar is very self-evident...when they finally introduce the reinstatement of their currency you're going to see that currency start to float internationally. 5 1 2 Quote Link to comment Share on other sites More sharing options...
Stumpy Posted May 29 Report Share Posted May 29 Thanks Ron!! 1 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted May 29 Report Share Posted May 29 5 hours ago, ronscarpa said: When Ingraham asked how Trump planned to collect money from Iraq, the President said: "Well, we have a lot of their money right now. We have a lot of their money. We have $35 billion of their money right now sitting in an account. And I think they’ll agree to pay. I think they’ll agree to pay. Otherwise, we’ll stay there." yep just about correct at 3.22 nice little earner... 3 1 Quote Link to comment Share on other sites More sharing options...
cjdavid Posted May 29 Report Share Posted May 29 Thanks Ron. Some solid info/ facts there! 1 1 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted May 29 Report Share Posted May 29 10 hours ago, ronscarpa said: Breitling Question: "Do you think Trump put any extra pressure on Iraq [to revalue] when he was in?" No. He wasn't worried about that. He would have supported it if they did. He would have 100%. So would Biden, but it's not a priority to them. It's not part of our [United States'] plan. We're not against it. It's not going to hurt us in any way shape or form because guess what they're going to use when they start revaluing, start buying up like crazy, to put in their reserves to back up their currency? U.S. dollar. [See Margarita and desaddams posts below.] Pimpy People are like, 'Pimpy doesn't know what he's talking about. It's on the Forex in-country, it's floating freely in-country.' No it's not. Yes they do monitor both rates [Official CBI rate and black market rate] but it's for the sole purpose of financial information needed by the Central Bank of Iraq to determine the gap between the two parallel rates and whether or not they need to address it one way or another. desaddams [Response to Margarita in Mid-Morning post] When Ingraham asked how Trump planned to collect money from Iraq, the President said: "Well, we have a lot of their money right now. We have a lot of their money. We have $35 billion of their money right now sitting in an account. And I think they’ll agree to pay. I think they’ll agree to pay. Otherwise, we’ll stay there." Frank26 Q: What happens after the Iraqi dinar de-pegs...after the new exchange rate, the national currency and the coins come out...what's the next step for the Iraqi dinar? The Iraqi dinar is going to float in an International basket...IMO the internal float of the Iraqi dinar is very self-evident...when they finally introduce the reinstatement of their currency you're going to see that currency start to float internationally. Yet more evidence there is no in-country rate...the IQD has not de-pegged from the USD, & Iraq is not totally sovereign. Yet more evidence Iraq is not ready & everything is not done. Yet the people still believe the lying Gurus. All we can do is to sit back, relax & patiently wait for the RV to come to us. Thanks Ron. IMHO. 1 1 1 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted May 29 Report Share Posted May 29 Here's an article related to the above...here comes the Dollar Police... F56 via Iraq Boots-On-The-Ground Report: via FIREFLY: TIDBIT: Government & central bank are saying no dealing in Dollars. It’s unacceptable & they have a special police force to enforce this & they want all to respect &only use the Dinar. Quote Link to comment Share on other sites More sharing options...
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