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Pimpy says -- they might go ahead with the $3.22 rate.   DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Pimpy says -- they might go ahead with the $3.22 rate.

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Pimpy says -- they might go ahead with the $3.22 rate.   Empty Pimpy says -- they might go ahead with the $3.22 rate.

Post by Ponee on Tue Aug 11, 2020 8:41 pm

Pimpy 


...to be quite honest, man, I understand why the bank was making a pitch for a rate around $1.13 / $1.34 but man after talking to my friend and thinking this over I can understand why they might go ahead with the $3.22 rate I'm NOT saying that's what the rate is.  I'm just saying they don't have anything to lose.  They have nothing there.  They need to rebuild everything.  They need purchasing power.  So if we reinstate the rate at $3.22 that gives Iraq the purchasing power they need to import all the supplies and goodies they need to start rebuilding that country 


Then later on if they want to go back and do an adjustment and lower it then by all means you could do so.  But for now they have nothing whatsoever...


  ...August 20th [Al-Kazemi's planned visit to Washington] - that's a few days away.  Let's just hope that we get enough accomplished between now and then where we can get these guys sovereignty once again, recognized internationally and the restrictions moved off of their currency...


There seems to be a lot of great strides towards Iraq earning their sovereignty, which is really super important.  We are keeping an eye on that.


08.11.2020

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