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MilitiaMan: "The two neighbors are going to be shocked when Iraq re-instates the IQD"

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MilitiaMan: "The two neighbors are going to be shocked when Iraq re-instates the IQD"

Post by RamblerNash on Thu Sep 13, 2018 11:47 pm


Article:  "Indicators of economic resilience and stability in the monetary system"  The thing that grabs my eye is the use of the word shock(s) in respect to exchange rate.  They use is it in many forms either; internally, externally, economically and or politically. The part that is clearly important for one to look (imo) at is the reference to economic shocks.  ...They clearly state that Iran and Turkey are not going to be a problem having sanctions on them presently, as they were apparently included in the analysis with the likes of FATF and 2018 GFR!!   Take note what shocks to a currency are about. "The impact on domestic financial markets and real economic activity from drastic and sudden changes in a currency's value on world markets."  Now if that doesn't rock ones world, I am not sure anything will... lol.

The two neighbors are going to be shocked when Iraq re-instates the IQD and especially if she becomes her former GLORY! Think the impact to them is going to be shocking? lol   I sure do, as it will be for us and in a huge way. A good thing for us.  Not so for the Regimes in charge of those two countries, imo. The citizens of them are going to be oh so ticked off and most likely jealous to boot. A mix that may prove to be very hard for the Regimes in charge to deal with...Not only is the exchange rate going to be mind blowing to/for them, imo, it will be even more damaging, as they have to use Euros to trade.. lol Tack on another 15 - 20%. over the USD they no longer can use...imo.


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