Iraqi Dinar Guru opinions 9-17-18

Iraqi

9-17-2018 Intel Guru Frank26 The sanctions that were put on the Iraqi dinar. The program rate. ...They’re expecting the exchange rate of the Iraqi dinar to be effected because of the resilience and the stability of the economic system. What more do you want...? ...To know the date. To know everything precisely the way you want it. Even though it’s right in front of your face...They don’t have a deficit! Their budget is ready to go! Their economy is in high gear! Their monetary system is secure!

9-17-2018 Intel Guru Frank26 ...In my opinion... because WE the United States of America are calling the shots...and it can even be proven now...because we the United States of America are telling them to seat the government...Are telling them when to pass laws...Because all of this is right in front of us. I am led strongly to believe the wording of NEXT MONTH... they’re talking about October! ...they’re going to introduce the new small notes and the coins. Next month… Article quote: “The Governor of the Central Bank said: The banks plans are to modernize the currency in circulation and the deletion of the zeros.” ...they will lift the 3 zeros from the exchange rate, because they’ve lifted as much of the 3 zeros from the streets that they could, physically.

9-17-2018 Newshound Guru chattels Article: "Central Bank Governor for {morning}: cash reserve is close to $ 60 billion" Interesting article...Obviously the value of the dinar is the subject of some planning and discussion. What, if any, of the declarations of the CBI are reliable? What does it mean for our investment? Quotes: " ...it is not right to make changes under unstable conditions completely, ..."; " ...the central bank has a future plan for the restructuring of the Iraqi currency, including the deletion of zeros, but that plan needs to deliberate steps, and a stable situation completely in order not to exploit it in the acts of fraud and others."

9-16-2018 Newshound Guru Kaperoni‏ Apparently Adil Abdul-Mahdi withdraws his nomination to be PM.

9-16-2018 Newshound Guru Bloodloch Once it begins (and it will become crystal clear what that "it" means when "it" happens), the velocity of money comes into play and, unless artificially restricted, I would not be surprised to see something quick, like a two month rise in the foreign exchange rate of the dinar to equal one dollar (the equilibrium point) assuming the change is unrestrictive and the Iraqis are left to their usual activities of working and selling and earning and banking and spending. It could take longer if they (the CBI) restrict the natural rate of growth although I'm not sure why exactly they would do that since the Project is a zero-sum purchasing power game from start to finish.

9-16-2018 Newshound Guru Bloodloch In fact, I would think that the faster they finish (reach the equilibrium point) the sooner the Iraqi people can start to gain the benefits of an expanding economy and enjoy some serious increases in real purchasing power. At that point, the newly equalized exchange rate, as well as in-country purchasing power, should begin to climb in general unison over time. So what is this trigger event? It's not so much the what, as the how. And beyond that, I won't elaborate. No sense in stirring the pot right as the chef is about to announce that it's soup. We should all recognize it, as plain as the noses on our faces, when we see it.

9-16-2018 Newshound Guru Kaperoni As reported, if Adil Abdul-Mahdi is the next PM this is excellent news!

9-16-2018 Newshound Guru David M. Witty In Iraqi election news, Sairoon & Building coalitions agree on Adil Abdul-Mahdi as next PM.

9-16-2018 Newshound Guru Kaperoni [Is there any word on when that process will start?] Only an educated guess can be made based on the urgency to maintain compliance, encourage investment and begin rebuilding putting people back to work. We also know they cannot begin until the formation of the new government.

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