"Enough Time" - Thoughts/News from KTFA JJonesmx 1/2/19

by **Ssmith** Thu Jan 03, 2019 9:26 am

KTFA

JJonesmx » January 2nd, 2018

I say imo... Good, let them oil prices drop....

Let The GOI dig into those so very precious foreign Reserves, (TO KEEP IRAQ AFLOAT) that the are MANDATED to keep up with By the IMF AND WB.

IMO; the IRAQI politicians have become to comfortable in their positions of political nonsense ....

Its 2019 now; they have had AMPLE....enough time to go forward with the plan.

I pray for the .......many, that are hurting.

I wish for closure; to this speculative investment. I pray for you POTUS and ADVISORY team, to make proper decisions...

All said with a loving heart and smile

Blessings *JJ*

Snip of the point I wish to make imo...:

Iraq gambles its future on currency reserves

Hussain Abdul-Hussain

Sunday 09/07/2017

On May 7, the bank auctioned $159 million. On June 19, the bank auctioned $165 million more.

The bank’s frequency of pumping dollars into the local market has been expedited, presumably to keep the dinar stable but such frequency might prove unsustainable, a fact that has alarmed the IMF, which urged Iraqi officials to replenish reserves and keep them closer to $50 billion.

https://thearabweekly.com/iraq-gambles-its-future-currency-reserves