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MilitiaMan: "Hard currencies are international currencies with an internationally acceptable exchange rate" 3/30/20 I_icon_minitimeYesterday at 11:40 am by Arendac

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» Hello all, I’m new
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» The Fundamentals of Finance and Pimpy Live
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» Why Won't the Iraqi Dinar Scam Die?
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» Frat President Charged With Stealing $267K to Buy Worthless Iraqi Dinars
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» Fact Check: NO Record 'Quantum Financial System' Exists Beyond Claims In Videos, Online Articles
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» Why Investing in the Iraqi Dinar Is a Bad Idea — What's Happening with IQD to USD
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» IRAQ DOLLAR BAN: Three Currency Lessons
MilitiaMan: "Hard currencies are international currencies with an internationally acceptable exchange rate" 3/30/20 I_icon_minitimeMon Jan 15, 2024 5:48 pm by RamblerNash

» Did Kyle Get The Gist Of The Dinarland Cult? THE FUNNIEST 15 COMMENTS FROM 2023: My Response ????????
MilitiaMan: "Hard currencies are international currencies with an internationally acceptable exchange rate" 3/30/20 I_icon_minitimeMon Jan 15, 2024 5:43 pm by RamblerNash

MilitiaMan: "Hard currencies are international currencies with an internationally acceptable exchange rate" 3/30/20

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Post by RamblerNash Tue Mar 31, 2020 8:46 pm

MilitiaMan  

Article:  "Parliamentary Economy: Resorting to the central reserve will not affect the exchange rate of the dinar"   Quote:  "As a medium of exchange, it trades only within the nation of Iraq, which makes it a “soft currency”.  Unlike “hard currencies”, like the US dollar or the euro, the Iraqi dinar is not used to settle claims on international markets. This can make the international Iraqi dinar exchange rate uncertain."  The above suggests they now are ready to go into the secondary markets. And to do so they have to be a hard currency.. Not a soft one. Hard currencies are international currencies with an internationally acceptable exchange rate... The ISX is under curfew? Why, when they can trade electronically or can they?   I'll bet the inter connectivity to the NSDAQ has something to do with it... They are a secondary market platform, are they not? Starting to get clearer? I sure hope so!!    It is sure is a beacon of light, imo..


3/30/20
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