Tuesday Mid-Morning News & Opinions @ 10:00 AM MST - 12/09/2025

[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 

 

 

12-9-2025  Frank26 CBI's Alaq comes out on Iraqi television Channel One Iraqi News and he tells the Iraqi citizens we are introducing a multiple exchange rate. Now, before you lose it and say, 'That's not possible. You can't have two exchange rates.'  I understand. You cannot.  There's only one exchange rate in the country of Iraq which is going to be 1 to 1 when it's all over and done with. Now, the reason Iraq is doing this multiple exchange rate is because it is allowing them to transition from a fixed rate (1320) to a float outside of the borders of Iraq.  Multi-rates are for countries that have low exchange rates like the Iraqi dinar. Outside, supply and demand will drive the value up.

 

 

[BETTYBOOP]

Well... I almost got excited till I read frank 26 is reporting it and channel 1 had suddenly become a news channel.... it a religious  channel frankie boy! .... twatspangle!!

[Luigi1]

Still  a little confusing the way F26 describes multiple ERs.   Go RV.

[CSM (R) Thack]

1 hour ago, BETTYBOOP said:

twatspangle!!

[Society]

2 hours ago, Luigi1 said:

Still  a little confusing the way F26 describes multiple ERs.   Go RV.

He really is "un-intelligent"!!!!  The article about multiple exchange rates was from an ignorant "economist"....not the CBI.....

 

They cannot have  multiple exchange rates and be compliant with IMF Article VIII.......that would be a MCP......Frankie is merely using this article to justify his BS he has propagated for years.....

 

Ultimately, the world does not care about the actual exchange rate.  They only care whether the IQD is Article VIII compliant.  Only Iraq  CBI cares in order to make transactions easier and the cost to print IQD minimized.  The CBI is certainly heading that direction but the "gurus" like Frankie have no clue.........Where's DELTA who always would set Frankie straight..Oh. that's right, Frankie excommunicated him just as he did with most everybody else on his four that had a brain