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Guru  Francis Albert: "they can make this work for Iraq with taking up to ten years for Iraq to pony up" 10/13/19 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Guru Francis Albert: "they can make this work for Iraq with taking up to ten years for Iraq to pony up" 10/13/19

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Guru  Francis Albert: "they can make this work for Iraq with taking up to ten years for Iraq to pony up" 10/13/19 Empty Guru Francis Albert: "they can make this work for Iraq with taking up to ten years for Iraq to pony up" 10/13/19

Post by RamblerNash on Sun Oct 13, 2019 9:23 pm

Guru  Francis Albert  

All countries manipulate their currency. Value lowers when more is printed and value is raised when people have more confidence in the currency, which of course, has many factors affecting confidence. Well, if it goes on FOREX higher than the present rate, it will IMO trade up to $3.00 range fast...just not as dramatic as a classic RV.  And I believe that is the scenario we'll see. Could be wrong, but don't think I am.



...IMO while the Oil Credits may be, and I believe are, an important factor. If they are an illusion, then that leaves no real avenue for U.S. to profit from the war..which was the whole point. ...All banks can and do monetize debt instruments. (create the dollars), and all currencies are debt instruments. So, if the banks so desired, they can make this work for Iraq with taking up to ten years for Iraq to pony up.


10/13/19
RamblerNash
RamblerNash
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