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Idiot Guru Jeff: "This is amazing...those reforms require funding from the budget and the budget is married to the rate change" 8/29/20 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Idiot Guru Jeff: "This is amazing...those reforms require funding from the budget and the budget is married to the rate change" 8/29/20

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Idiot Guru Jeff: "This is amazing...those reforms require funding from the budget and the budget is married to the rate change" 8/29/20 Empty Idiot Guru Jeff: "This is amazing...those reforms require funding from the budget and the budget is married to the rate change" 8/29/20

Post by RamblerNash on Sat Aug 29, 2020 7:20 pm

Guru Jeff   

Article: "Britain commends action on Baghdad and Erbil and shows commitment to addressing the broader challenges of Iraq"  Quote:   "the most urgent of these challenges is addressing the economic crisis facing the country..."  Look at this.  This is huge.  Quote continues:   "...through the introduction of necessary economic reforms."  ...This is amazing...those reforms require funding from the budget and the budget is married to the rate change...

Iraq's currency will become internationally recognized when the rate does change.  The rate change has to change basically first or at the same time but the rate change is the linchpin...the currency does not become internationally recognized till the rate change so that's the linchpin.  Once that happens the currency does become internationally recognized. That's also the linchpin to when Iraq will become Article VIII compliant with the IMF.  Right now Iraq is under Article VIII rules, guidelines and procedures.  They have to adhere to them but they don't become Article VIII till the rate changes...
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