Frank26 says - they are about ready to reinstate their currency by removing zeros

by **Ponee** Mon Dec 16, 2019 9:26 pm

Frank26

Question "...why can't the 2020 budget which is said to be about 155-160 Trillion which is 20% more than 2019 operate at a program rate as well? " I didn't say it couldn't. I just pray it doesn't come out that way...Do you think you're gonna get a 160 trillion out of that budget?  Hell no. Last year's budget was 20% less than that.   Did they get the whole budget? No. And that's why Iraq has slums and streets filled with torn down buildings.  The place needs to be fixed up...if they come out with the 2020 budget at a program rate of 1190 is that the end of world?  Of course not...but "daddy" ain't gonna allow that much longer I bet you.  I'm leaning toward the fact that the budget will open with the new rate. I'm leaning towards the fact that we'll see the rate before the budget is opened up...

...It's not the Prime Minister who opens a new budget.  It's the Minister of Finance who opens it and declares it to the country...not all of the GOI resigned and ran away in fear of being arrested...a good majority who were decent are still there...the Minister of Finance that is in this government that did not resign he has the authority to open the budget...

12.16.2019

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Question   "Can you tell us any other currencies that are about to revalue?"  I only study the Iraqi dinar. And the reason why is...the CBI is the only central bank that I know of that has put out the information through the IMF that they are about ready to reinstate their currency by removing zeros from your currency to add value to it and introduce a new category note to match that rate. I don't know of any other central bank saying that to me. If they were, shoot I'd be all over it...

12.15.2019