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Breitling: "…now this isn’t going to stop the revaluation of the Iraqi dinar" I_icon_minitimeWed Jan 17, 2024 5:19 pm by RamblerNash

Breitling: "…now this isn’t going to stop the revaluation of the Iraqi dinar"

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Post by RamblerNash Mon Sep 03, 2018 8:03 pm

Breitling 



Iran’s GDP has everything to do with what’s going on with Iraq.  Iran’s GDP is 439 Billion…There are 14 states in this country that have a larger GDP than the country of Iran…and now it’s tanking…Iran is looking at Iraq as a source of dollars…now this isn’t going to stop the revaluation of the Iraqi dinar.  If anything, it will push it forward. Article “Iraqi official have revealed that Iran is pursuing a new strategy to supply the US dollar needs by working to reduce the Iraqi dinar exchange rate.  Iran faces major difficulties in obtaining the dollar”… [If] You get out of the US dollar, you’re in trouble. [if] You also get out of the US banking system and you’re in Venezuela mode…

“...The Iranian strategy is to inject a large counterfeit Iraqi currency into Iraqi markets…”…So what are they doing?  They are trying to shake the confidence of the Iraqi dinar so the locals in Iraq will use more US dollars so Iran can use that backdoor market …So that’s Iran’s access to US dollars.  “If Iraqi can’t cope with the smuggling of fake Iraqi dinars into it’s territory this strategy will force the CBI to pump double amounts of dollars into the country’s markets to preserve the value of the local currency…” there’s another way to counter that. And that’s to add value to the Iraqi dinar…if people are using the Iraqi dinar you don’t need to change the liquidity of the dollar in the economy do you?…the only way to protect the Iraqi dinar is to add value to it……this is going to happen.  This is going to revalue. You just need to be prepared…


9/3/18

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