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 MilitiaMan "Iraq Can Not Trade in it's Local Currency" 10/6/17

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PostSubject: MilitiaMan "Iraq Can Not Trade in it's Local Currency" 10/6/17   Fri Oct 06, 2017 8:54 pm

Article:  "Economic expert: Iraq can not trade in its local currency"  ...they speak of ditching the dollar to reduce inflation to bring a positive outlook on the economics of Iraq through commercial exchange to trade through local currency. That is getting rid of MCPs.   A requirement of the IMF.  Think about timing, think about large business "Total" for oil, reconstruction, medical facilities, schools, roads, bridges, etc.. All will trade with a local convertible currency with an international rate not a program rate.  We know there is a meeting with the IMF (An extension if you will from the SBA meetings in Amman, as of recent.)  coming within the next week real close.  That meeting based on the news that I see is expected to be on time and about completion of what has been done. The timing of Liberation and the mention among many other things, even about de dollarizing to use local currencies speaks of the end game for the MR to change from in process to being done with the old (000s) and in with the new. imo
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MilitiaMan "Iraq Can Not Trade in it's Local Currency" 10/6/17
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