Friday Night Opinions - 9:30 PM CDT - 3/15/2024

[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 

 

 

Pimpy  The Coordinating Framework is trying to remove Al-Sudani. The political scene is going to be very unstable. If Maliki does his job and causes protests, that means the country is going to be unstable which means the economy is unstable. All these things are going in the wrong direction. We went from being high as hell with lots of hope to now it's just looking terrible.

 

Militia Man  Al Sudani has told the citizens the dinar is going to be stronger.  $0.76 is not stronger however once they delete the zeros then they can apply their Real Effective Exchange Rate. Totally different ball game. Totally different circumstances. Pay attention. Let's see how this turns out.

 

Harlequinc3  It helps me to think of it this way. 1.32 IQD to 1 USD means it takes 1 whole dinar and .32 of ANOTHER dinar just to get $1. It's not QUITE at a dollar. That's $.76.  So if it was .50 IQD to 1 USD, that means it only takes HALF of one whole dinar to equal a dollar -- so that's a $2 rate.  If it was .33 IQD to 1 USD, that means it only takes 1/3 of a whole dinar to equal a dollar -- wow, that's a $3 rate! We're happy you could figure that out H3...It's already been explained numerous times.

 

 

[NWGUY]

Militia Man  Al Sudani has told the citizens the dinar is going to be stronger.  $0.76 is not stronger however once they delete the zeros then they can apply their Real Effective Exchange Rate. Totally different ball game. Totally different circumstances. Pay attention. Let's see how this turns out.

 

 

Rarely do I ever agree with Militia Man, but I think this is true this time, at least in my mind.   They want to get rid of the dollar, and if the dinar is not equal to or at least a little more, the dollar is not going anywhere.    I think they will come out of the gates at a little higher rate.  How much or when, who knows, but I will be waiting for that day!     

[Dretown39]

17 minutes ago, NWGUY said:

Militia Man  Al Sudani has told the citizens the dinar is going to be stronger.  $0.76 is not stronger however once they delete the zeros then they can apply their Real Effective Exchange Rate. Totally different ball game. Totally different circumstances. Pay attention. Let's see how this turns out.

 

 

Rarely do I ever agree with Militia Man, but I think this is true this time, at least in my mind.   They want to get rid of the dollar, and if the dinar is not equal to or at least a little more, the dollar is not going anywhere.    I think they will come out of the gates at a little higher rate.  How much or when, who knows, but I will be waiting for that day!     

Yeah pretty much a lot of folks are on the same page about this..all this push/news coming out seems this will be over this spring!🙏

[BETTYBOOP]

I have just read a pimpy  post on another site. Remember he insisted the 3 zeros was coming off the notes? Well now he is sticking to the 132 iqd to 1 usd. HE does not see that they have stated 1.32 iqd to the dollar. What an idiot! 😂😂