Mnt Goat -- We know that in order to do this FLOAT they will NOT use the program rate
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Mnt Goat -- We know that in order to do this FLOAT they will NOT use the program rate
by Ponee Wed Oct 21, 2020 9:19 pm
Mnt Goat
...what is going on these past couple days...To begin with parliament entertained the CBI and they talked about the so-called “White Paper”. Our friend Dr. Shabbi was present and gave a speech about FOATING the dinar...my important point in recent news is that they are actually seriously discussing putting the dinar on a FLOAT. Folks do you know just how good this news is?...I believe they are really going to do it this time... this comes in perfect timing for a January 2021 reinstatement. But...can they even wait that long since they are scrambling now to find solution on how they can meet the October dues and salaries to the citizens. ...Remember the only had secured these dues until September and we are past that already. I know...they always seem to find a solution at the last minute...But I got to tell you this time there is so much positive discussion about doing the float...
We know that in order to do this FLOAT they will NOT use the program rate and the currency auctions must be stopped in order to “reinstate” the dinar. They also...talk about “increasing the GLOBAL DEMAND” which we all should know by now means to get rid of the auctions and get it back on FOREX and use the dinar for trade once again. But as usual some economist also do not agree with Dr. Shabibi and the CBI in wanting to do this FLOAT...So this only confirms to us again that they are serious about the FLOAT. We know the process that is involved and it means first accomplishing the “project to delete the zeros” and so articles also talk about doing this now too along with the thinking of the FLOAT. Folks this is all “WOW!” and fantastic news for us...
...what is going on these past couple days...To begin with parliament entertained the CBI and they talked about the so-called “White Paper”. Our friend Dr. Shabbi was present and gave a speech about FOATING the dinar...my important point in recent news is that they are actually seriously discussing putting the dinar on a FLOAT. Folks do you know just how good this news is?...I believe they are really going to do it this time... this comes in perfect timing for a January 2021 reinstatement. But...can they even wait that long since they are scrambling now to find solution on how they can meet the October dues and salaries to the citizens. ...Remember the only had secured these dues until September and we are past that already. I know...they always seem to find a solution at the last minute...But I got to tell you this time there is so much positive discussion about doing the float...
We know that in order to do this FLOAT they will NOT use the program rate and the currency auctions must be stopped in order to “reinstate” the dinar. They also...talk about “increasing the GLOBAL DEMAND” which we all should know by now means to get rid of the auctions and get it back on FOREX and use the dinar for trade once again. But as usual some economist also do not agree with Dr. Shabibi and the CBI in wanting to do this FLOAT...So this only confirms to us again that they are serious about the FLOAT. We know the process that is involved and it means first accomplishing the “project to delete the zeros” and so articles also talk about doing this now too along with the thinking of the FLOAT. Folks this is all “WOW!” and fantastic news for us...
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Similar topics» Frank26 claims that - to start a float you have to get the program rate,
» MilitiaMan: "As they told us recently that the CBI has had over the last 9 months kept the program rate of about 1460 IQD/1 USD stable" (Program Rate? Show Us The Program! LOL) 10/10/21
» Mnt Goat: "They are considering only the exchange rate as a program rate solely pegged to the US dollar and not as an IMF basket of global currencies and reinstated back on FOREX when traders come to buy" (Reinstate On FOREX But No "RV"? LOL) 7/17/21
» Mnt Goat: "...the CBI’s next move is to set the program rate to 1000 : 1 (dinars to US dollars)"
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» MilitiaMan: "As they told us recently that the CBI has had over the last 9 months kept the program rate of about 1460 IQD/1 USD stable" (Program Rate? Show Us The Program! LOL) 10/10/21
» Mnt Goat: "They are considering only the exchange rate as a program rate solely pegged to the US dollar and not as an IMF basket of global currencies and reinstated back on FOREX when traders come to buy" (Reinstate On FOREX But No "RV"? LOL) 7/17/21
» Mnt Goat: "...the CBI’s next move is to set the program rate to 1000 : 1 (dinars to US dollars)"
» Mnt Goat says - there is only 2 ways it can recover. 1. go back to the 1160 program rate or 2. RV and RI 7/3/21
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