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Monday Afternoon Opinions @ 5:55 PM CDT - 6/19/2023


ronscarpa
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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 ... :twothumbs: RON  

 

 

Walkingstick  The IMF keeps saying, 'You have currency inflation'. The way to combat currency inflation is by raising the value of their exchange rate.  It is the economic conditions in Iraq that determine the exchange rate.  Do you think the exchange rate should be a program rate right now based on that budget No.  That's why there are multiple exchange rates that were calculated due to the nature of their speed and currency inflation that they have now.  Their inflation must not get out of hand...

 

Frank26  Question: "It seems at some point there needs to be a public announcement in the U.S. to get the public up to speed. Are you hearing when that might be? The United States of America will never publicize the Iraqi dinar.  Never.  Our media is communist. Our media, I don't even know if they're even going to announce what happens when they finally change the exchange rate. Our media is not good.  They're evil. They don't tell you the truth.  Don't expect any information from our media.

 

Pimpy  Article: "Iraq is witnessing remarkable growth in the world of e-commerce for the first time"  Obviously this is good.  It's another one of those things that helps strengthen the economy inside Iraq.  As you are aware the stronger the economy the stronger the dinar.  

 

Sandy Ingram   On the surface Iraq appears to have achieved a measure of stability.  The country finally has a functioning government after a year-long political vacuum.  Terrorist violence has fallen to  its lowest rate since the 2003 US invasion...however %&*$ is happening behind the curtain...For those of us outside of Iraq looking in, everything appears to be fine and for the most part it is but let's get real with what's really happening... Article: "Iraq is Quietly Falling Apart" Iran is silently and quietly...setting up financial systems of failure for Iraq starting with the 2023 budget that Iraq cannot afford.

 

Nader From The Mid East  The ATM I cannot comment on it because I never saw a newer ATM, maybe operated like I told you before.  But they're not loaded with smaller categories because they didn't even print it...They have picture of them but they didn't print it.  It's a waiting game...

 

MarkZ  This is important guys…Article: THE CBI in cooperation with banks launches large financial projects.“ Their budget goes backwards with the current rate. Matter of fact they are working directly with Egypt to develop businesses: Article: “Egypt MSMEDA cooperation with Bank of Iraq to develop SME’s entreprenership”

 

 

:tiphat:

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