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Frank26 "It's Powerful" 8/25/17
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Frank26 "It's Powerful" 8/25/17
...in December of last year, the IMF was able to put...meetings together... They were all well-orchestrated by the IMF and the United States Treasury; and...they got a plan, and they said...This is what you’re gonna have to do...you’re going to have to float your currency slowly, gradually. That way, you’ll be able to control your inflation. Now, starting in January...as much as we thought we were ready when we got together in December ...it turns out that...No... ...we have terrorists here...So, on the 16th of January, they put out an article...Alak, the Governor of the Central Bank of Iraq says: hey, you know the lifting of the three zeros? You know, to add purchasing power? ...We’re going to have to postpone it. Now...the fact that they even mentioned this plan...It’s powerful. IMO
roxy22222222- GURU HUNTER
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Join date : 2015-04-20
Re: Frank26 "It's Powerful" 8/25/17
Yes, they postponed the lifting of the three zeros. They've been postponing it for six years now, and may never get around to doing it. But Frank is lying about it adding purchasing power. The Project to Lift Three Zeros doesn't change the value of the IQD. It just replaces the IQD with a currency that has 1,000 times the value and 1,000 times fewer units in circulation. The exchange rate for the dinars will be 1000 old dinar for 1 new dinar. In other words, it's a neutral exchange of value.
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Busting Gurus Since 2011
Re: Frank26 "It's Powerful" 8/25/17
Hey Frank if such a sure thing help old BGG out. He is trying to sell Poopy3s dinar. He and Bgg have tooo much on hand and they are about to go under. Ha ha
jwflatt- Forum Fanatic
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Join date : 2016-04-22
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