Tuesday Night Opinions @ 8:55 PM MDT - 12/05/2023

[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 

 

 

Frank26   Article:  "The President of the Republic: There is no dollar crisis in Iraq"  OF COURSE NOT... THERE'S A NEW NATIONAL CURRENCY & A NEW EXCHANGE RATE COMING... AND EVERYONE KNOWS IT.

MarkZ   Iraq has...told us there will be no budget deficit in 2024. Next years budget starts Jan 1st. Without a revalued currency their deficit should be over $100 billion dollars…so the only way they cannot have a budget deficit is with a change of value in their currency …that is news worth reporting...And Iraq says they will be totally de-dollarized by Jan 1st. They are telling us what they are doing.

1Clare  Article:  "Government source: Starting to implement the banking arrangements agreement with Türkiye”  Quote:  "The Central Bank has reinforced tens of millions of euros as an initial payment to cover retailers’ imports from Turkey."

 Walkingstick    [Iraqi Bank Friend Aki update]  There is a meeting going on in Dubai...What they're doing is finalizing the exchange rate.  They got the currency in position and what they need to do is...get the exchange rate in position too...

 Frank26   You are now standing on the grounds of the RD and you're soon to walk into the float.  These are the steps.  This is the journey you've taken whether your recognize it and understand it or not.  The monetary reform is moving forward beautifully.

 Breitling  For Iraq it's not a question if more dollars are coming into Iraq, it's do the average citizens have access to them.  That's what they're trying to fight...They want to take the dollar out so the supply times velocity of the dinar goes up.