Monday Afternoon Opinions @ 2:05 PM MST - 4/28/2025

[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 

4-28-2025   Samson  Article: "The 25,000 category accounts for the largest share of banknotes." Quote: "The number of banknotes issued by the Central Bank during January 2025 reached 6 billion banknotes."

That's 150 Trillion IQD - @ 10 cents/IQD that's $15 Trillion, not counting the other notes. Let's assume with all the other notes issued that it's $20 Trillion. That's a lot issued, but the real question is how many are really in circulation..? They've been destroying notes like crazy, especially the 25K notes. RON

 

4-28-2025   Militia Man  Remember, Iraq's original currency was mostly reflected off of oil and rentier country.  Not anymore.  That's going to mean they're going to need or will have a very strong powerful real effective exchange rate.  It's obvious IMO.

 

 

[Luigi1]

Militia Man  Remember, Iraq's original currency was mostly reflected off of oil and rentier country.  Not anymore.  That's going to mean they're going to need or will have a very strong powerful real effective exchange rate.  It's obvious IMO.

 

 

Agree.

Iraq already has duty revenues coming in at the borders.

Iraq already has income tax revenues coming in.

Investors are lining up to come in to Iraq.

Iraq is on the way.

All we need is an RI.   IMHO.

[NWGUY]

That's 150 Trillion IQD - @ 10 cents/IQD that's $15 Trillion, not counting the other notes. Let's assume with all the other notes issued that it's $20 Trillion. That's a lot issued, but the real question is how many are really in circulation..? They've been destroying notes like crazy, especially the 25K notes. RON

 

My understanding is that a lot of that is held out of country, and when it is turned in, it will not be going back to Iraq.  The dinars will be sent to the treasury to be held, at least that is my understanding.   

[BETTYBOOP]

Remember they destroyed pallet loads in the past? Remember there was a flood in the cbi building g and they destroyed pallet loads that were damaged