MilitiaMan: "This is effectively the opposite of the plan. The why and why not to devalue" 3/14/20
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MilitiaMan: "This is effectively the opposite of the plan. The why and why not to devalue" 3/14/20
by RamblerNash Sun Mar 15, 2020 2:15 pm
MilitiaMan
Article: "Reducing the Iraqi dinar exchange rate – determinants and alternatives" This is effectively the opposite of the plan. The why and why not to devalue. ...the CBI has explained they are not going to devalue for many reasons. The thing I like is that they use the reasons that support the opposite to occur. They haven't come this far with the reforms to devalue. They are not of the mind at this juncture to hurt the citizens. That imo would be suicide. They clearly see that revenues are in a pinch with oil down. Therefore, imo with out them saying as much they are saying with out saying they are going to raise the value. The negative side of the equation, is devaluation, the positive side is revaluation, imo.. They have the money printed and ready to go, they have the tools in place to facilitate the transition...imo...
3/14/20
Article: "Reducing the Iraqi dinar exchange rate – determinants and alternatives" This is effectively the opposite of the plan. The why and why not to devalue. ...the CBI has explained they are not going to devalue for many reasons. The thing I like is that they use the reasons that support the opposite to occur. They haven't come this far with the reforms to devalue. They are not of the mind at this juncture to hurt the citizens. That imo would be suicide. They clearly see that revenues are in a pinch with oil down. Therefore, imo with out them saying as much they are saying with out saying they are going to raise the value. The negative side of the equation, is devaluation, the positive side is revaluation, imo.. They have the money printed and ready to go, they have the tools in place to facilitate the transition...imo...
3/14/20
RamblerNash- GURU HUNTER
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Similar topics» MilitiaMan: "Alak Gov at the CBI has been effectively announcing the need to raise the value of the IQD over the last few days" 3/16/20
» MilitiaMan states -- They are not going to devalue the currency... End of story.
» MilitiaMan: "the devalue sets the stage for a revalue" (KTFA Is Struggling) 12/30/20
» MilitiaMan says -- they have not come all this way to devalue, imo... It makes no sense to anyone. Especially the international markets.. It is laughable...
» MilitiaMan says Alak is not going to devalue the currency, they have no option now but to revalue the IQD and with a powerful international rate..
» MilitiaMan states -- They are not going to devalue the currency... End of story.
» MilitiaMan: "the devalue sets the stage for a revalue" (KTFA Is Struggling) 12/30/20
» MilitiaMan says -- they have not come all this way to devalue, imo... It makes no sense to anyone. Especially the international markets.. It is laughable...
» MilitiaMan says Alak is not going to devalue the currency, they have no option now but to revalue the IQD and with a powerful international rate..
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