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Guru Mnt Goat says - "This is what will be the driving force behind getting more than a 1:1 after deleting the zeros" I_icon_minitimeToday at 11:16 am by kenlej

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» Almost to the end The goodguys are winning
Guru Mnt Goat says - "This is what will be the driving force behind getting more than a 1:1 after deleting the zeros" I_icon_minitimeMon Jan 22, 2024 9:03 pm by kenlej

Guru Mnt Goat says - "This is what will be the driving force behind getting more than a 1:1 after deleting the zeros"

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Guru Mnt Goat says - "This is what will be the driving force behind getting more than a 1:1 after deleting the zeros" Empty Guru Mnt Goat says - "This is what will be the driving force behind getting more than a 1:1 after deleting the zeros"

Post by Ponee Sat Sep 14, 2019 5:13 pm

Guru Mnt Goat  

Simply put when the time comes the IMF will put the IQD in an SDR basket of currencies including the Yen, Yuan, Pound, Euro, USD and then the IQD.  ...

What does this do?  

It creates stability in the marketplace since, if one currency gets too shaky, the others will back it up and support it... 

How does putting the IQD in this SDR basket effect our exchange? 

Since the IMF will have to now weight the IQD along with the assets from these other 5 currencies in the basket, it will cause a re-calculation of the IQD rate and drive it higher like the pre-1991 rate plus equity. 

This is what will be the driving force behind getting more than a 1:1 after deleting the zeros. ...

This is what will justify it.

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