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Post by Ssmith Thu Mar 16, 2023 4:23 pm

MarkZ Question: Many ask me if you want to make a guess of what you think rates might be.

MilitiaMan Answer: My understanding is the IMF have the ability to go as high as 3 times the Special Drawing Rights. That is what they could do…it doesn’t mean that’s what they will do. They test systems to what the region can handle.  The Real Effective Exchange rate (REER)  can be derived from many different things . They are going to come up with a rate that is strong and stable and rebuild the country.

They didn’t push these guys over the edge to get them off the dollar for no reason…they did it for them to get on the dinar…De-dollarization of the country – Everybody’s got to go to the dinar…they’re not going to be using the dollar.  They’re getting them physically prepared to do that…they’re going to an economy that’s going to be able to be vibrant.  It’s going to have transparency.  It’s going to have less corruption.
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