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Don961 We'll Have to See How Iraq.s Prposed Float Will Turn Out" 11/12/17

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Don961 We'll Have to See How Iraq.s Prposed Float Will Turn Out" 11/12/17

Post  roxy22222222 on Sun Nov 12, 2017 10:01 pm

Article:  "Float Egyptian Pound led to control the black market"   Quote:  "...floating the pound...has achieved many positive and desired goals, the most important of which is the decline of the role and control of the black market and the stability of currency rates..."  Floating that pound hurt for sure ... but...they got the black market corruption under control and stabilized the currency ... it also appears that Egypt had a problem with China sending them sub-par quality goods for precious USDs ... just like Iraq has reported receiving poor quality goods from their "brotherly" neighbor Iran for the CBI's precious USDs  ... imo...we'll have to see how Iraq's proposed float will turn out ...

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Re: Don961 We'll Have to See How Iraq.s Prposed Float Will Turn Out" 11/12/17

Post  Kevind53 on Mon Nov 13, 2017 12:01 am

Can you say Titanic? I knew you could ....

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