Friday Early Afternoon Opinions @ 2:44 PM MDT - 5/31/2024

[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 

Nader From The Mid East  Iraq wanted to de-dollarize. They start de-dollarizing in January but it didn't work for them too much. The government didn't expect that to happen even by telling them that the dinar are stronger...use the dinar instead of the dollar for the benefits of the country. They tried everything. Now, they said that plan didn't work so they come out to the new white paper. They realized they cannot do anything without changing the exchange rate. [Post 1 of 2]

 

Nader From The Mid East They're going to have to go down in the exchange rate for the de-dollarization...They're going to have to change their exchange rate - between now and 8th of July we should have an answer. What are they going to do? Are they going to change the exchange rate, keep it the same, go up, or go down?  I think they're going to have to go down on the exchange rate a lot for them to take off the dollar from the street. [Post 2 of 2]  [NOTE: "Go down" stated here, means go up in value of the dinar to the dollar.]

 

MarkZ  Question: How do the historic bonds and currencies differ for the RV? Mark: Currencies are part of the RV (Re-Valuation) whereas historic bonds are the process leading to the global reset. Historic bonds have to be settled before the reset and the bonds will give liquidity to fund the currencies.

 

Clare  Article: "Professor Frank Gunter launches a new white paper on de dollarisation of Iraqi economy."

 

 

Edited May 31 by ronscarpa

[NWGUY]

Yeah I agree...There is really no way to get the dollar off the streets without a change in currency.  So, if they are serious about it, and that issue continues to come up, then they have to suck it up and get it done!  

[ronscarpa]

26 minutes ago, NWGUY said:

Yeah I agree...There is really no way to get the dollar off the streets without a change in currency.  So, if they are serious about it, and that issue continues to come up, then they have to suck it up and get it done!  

 

I totally agree with you NWGUY ...