Sunday Lunchtime Opinions @ 12:35 PM MDT - 2/11/2024

[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   There's evidence the project to delete the zeros off the exchange rate is underway or is still on the table.  It exists and that's because of who said it.  We know Al-Alaq has said it and it's been referenced to one of his financial advisors...Saleh.  

 

Frank26   [Iraq boots-on-the-ground report] FIREFLY: A representative from the CBI is talking to us in great detail about the new coins they will be giving us, along with the new currency notes...He said to us once again, the process to delete the zeros is in the process. It made us smile. He said this process is occurring because the lower notes will not be needed if the rate wasn't increasing. He said, if the CBI didn't come out with these lower notes the monetary reforms would be a disaster. He said that's why we need a change in our rate...

 

Goldilocks  Article: "Vietnam's Rise as a Global Manufacturing Hub in the Era of Resilience and ESG Compliance" Quote: "Vietnam's cost-competitive manufacturing capabilities, expanding consumer market, and supportive policies make it an attractive destination for foreign investment. Despite challenges, Vietnam is well-positioned to capitalize on this trend and cement its position as a key player in the global economy." 

 

Zester  Here is a little news: Article: “Iraq revokes Iran’s bank Melli operation license” This article is interesting because of what is mentioned in it… That there are many banks in Iraq that are banned from participating in the daily US dollar auctions held by the CBI…to stop the smuggling of US dollars to Iran and that Iraq has reserves of over $100 Billion dollars held in the United States. From Rueters.

 

 

[NWGUY]

Frank26   [Iraq boots-on-the-ground report] FIREFLY: A representative from the CBI is talking to us in great detail about the new coins they will be giving us, along with the new currency notes...He said to us once again, the process to delete the zeros is in the process. It made us smile. He said this process is occurring because the lower notes will not be needed if the rate wasn't increasing. He said, if the CBI didn't come out with these lower notes the monetary reforms would be a disaster. He said that's why we need a change in our rate...

 

 

 

Not sure where Frankie is getting his information from?    There is not a chance that someone in the CBI is talking.    I like Firefly, but I don't think he has anybody in the CBI either telling him anything.