Saturday Evening Opinions @ 6:36 PM MDT - 7/20/2024

[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  You heard them talking about corruption. They're going to clean it up but it's going to  always be there. It's everywhere.  It's in America.  It's everywhere in the world.  It's in Europe. It's here. Corruption is corruption, the biggest corrupt people you cannot clean them cuz they have powers. You can't do anything against them.  

 

Clare  Article: ''Removing Zeros from the Iraqi Currency: Talk Returns and Possibility of Implementation" Quote: "if the currency is the “dinar” and its value is equal to 1,000 dinars, after removing three zeros, its value will become one new dinar. According to experts, the actual value of the money people own does not change after deleting the zeros, but this step contributes to simplifying the buying and selling processes for individuals and companies, and makes the financial amounts simpler and more understandable. Instead of dealing with huge numbers such as a trillion or a million (1,000,000 Iraqi dinars), they can be converted to just one thousand 1,000 dinars after deleting three zeros. The exchange rate will be transformed into one dinar for every one dollar, and this is what the late former governor of the Central Bank, Sinan Al-Shabibi, aspired to"

 

Frank26  [Iraq boots-on-the-ground report] FIREFLY: We're hearing this man on Chanel one on the TV he's saying to us citizens, he's saying joining the WTO will eventually lead to the rising of the dinar value up.  It's all about global trade...In order to compete we will need a real effective exchange rate to produce anything in the global trading market. FRANK: He's right...It's amazing they are talking to you about the real effective exchange rate...because that is the end result of the float. God willing it comes out at $3.22 as an RI.

 

 

[ronscarpa]

Saturday Night Opinions - Added @ 10:45 PM CDT:

 

Frank26   The Iraqi dinar first will come out as a reinstatement instantly and work itself back up to an  RV...

 

Kaperoni  Article: "Deleting the Zeros of the Iraqi Currency"  I have said it numerous times...we do not want to see Iraq delete zeros.

 

 

[screwball]

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