Saturday Lunchtime News & Opinions - 12:15 PM MST - 1/10/20246

[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 

 

 

1-10-2026  Samson   Article: "IRAQ WILL BE FIFTH AMONG ARAB COUNTRIES WITH THE LARGEST GAS RESERVES..."

 

1-10-2026  Frank26 [Iraq boots-on-the-ground report] OMAR: TV guy talking about former CBI governor Dr. Shabibi, he said the dinar would go down incrementally before any major revaluation...It is entirely possible the Central Bank of Iraq will reduce the dinar's exchange rate incrementally before they carry out a full revaluation.  They have done it before, like in early 2023 when they nudged the rate down a little bit...It's a way to keep everything stable and avoid sudden changes in the economy. Yes, incremental reductions are on the table before any big revaluation happens. FRANK: They self-confessed there's a revaluation coming to your currency.  I understand they're trying to tell you they're going to do it slowly but surely.  But that's a bunch of "whatever".

 

 

[ronscarpa]

Added @ 1:45 PM MST:

 

1-10-2026  Militia Man  The digital dinar is in full implementation with paper notes phasing out sometime in 2026. Think about the note count reduction. Less supply is a key component.

 

Edited January 10 by ronscarpa

[nannab]

Thank you so much Mr. Ron 🙂

[Luigi1]

 FRANK: They self-confessed there's a revaluation coming to your currency.  I understand they're trying to tell you they're going to do it slowly but surely.  But that's a bunch of "whatever".

 

 

 

Slowly but surely is a whole lot better than what we had for the past 20 years...

Go RV.

[screwball]

On 1/11/2026 at 4:45 AM, ronscarpa said:

OMAR: TV guy talking about former CBI governor Dr. Shabibi, he said the dinar would go down incrementally before any major revaluation...It is entirely possible the Central Bank of Iraq will reduce the dinar's exchange rate incrementally before they carry out a full revaluation. 

do they forget that it went from 4000 plus to 1310 and even lower before it shot back to 1310.....so one would say it already has...I would say that it is where it needs to be now...if they think they can introduce taxes, salaries, welfare and fund reconstruction without throwing the budget into a huge deficit and causing inflation then they they are barking up the wrong tree and pissing on the wrong bush!

[BETTYBOOP]

AND THESE CLOWNS WILL LET OPPORTUNITY  PASS THEM AND THEIR PEOPLE BY