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Mailman17 says there will NOT be a float
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Mailman17 says there will NOT be a float
Mailman17 I SEE THEY HAVE THE BUDGET KNOCKED OFF THEIR LIST AS WELL AND THE 17% TO THE KURDS. I JUST WANT PEEPS NOT TO BE ALARMED THAT THE BUDGET IS STILL IN TRILLIONS. THE FACT THEY HAMMERED THIS OUT IN JAN IS A FIRST. THE BUDGET CAN ALWAYS BE ADJUSTED BY THE STROKE ON A KEYBOARD TO REFLECT THE RV. SO DONT WORRY ABOUT THAT. IMPLEMENTATION OF QUITE A FEW THINGS IN THAT BUDGET NOT TO MENTION, ISX INFO SAY THEY WILL HAVE TO HAVE A REALITY RATE. LOOK AT PAST NEWS AND REMEMBER WHATS ENTAILED FOR IRAQ TO SUCCEED...A STABLE, RECOGNIZED AND VALUED DINAR. AS FAR AS IMF GUIDELINES...IMO...THEY DO NOT APPLY IN THIS MATTER. EVEN UNDER ART 4 CONSULTATION BACK IN 2013, NO WHERE DID IT SAY IRAQ MUST FLOAT...PERIOD. THE IMF AND THE CBI WILL ASSIGN WHATEVER RATE THEY FEEL IS SUSTAINABLE FOR IRAQ TO SUCCEED AND A FLOAT FROM 1166 IS NOT AN OPTION. PERIOD...JMO.
Ponee- Admin
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Re: Mailman17 says there will NOT be a float
Doesn't every currency float technically? I know every time I go back home to England the rate I get when I change my USD to GBP is different. Hell it's different from when I leave and when I come back. I would think that any currency that is tradeable would be the same.
BritishBulldog- VIP Member
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Join date : 2013-09-20
Re: Mailman17 says there will NOT be a float
Mailman needs to go back to school.
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