Frank26: "the borrowing law has to have a rate in it and it does" 10/27/20
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Frank26: "the borrowing law has to have a rate in it and it does" 10/27/20
Frank26
...the borrowing law...the new exchange rate is going to be used in calculations of what they need to borrow from... counties... the borrowing law will have its second reading tomorrow [Tuesday] and its third on Saturday...the borrowing law has to have a rate in it and it does.
There are 4 banks. This is my opinion...the #1 bank is Bank of America. Turns out they sold the Iraqi dinar wholesale to the next bank in the chain of command. That was JP Morgan Chase. Then they sold it retail. How many of you bought your dinars from JP Morgan Bank? ...Then there was a 3rd bank - Wells Fargo...they were supposed to exchange the dinar for you. They were going to make a 'mint'...then there was a 4th bank - CitiBank. They were linked internationally with Iraqi banks...they are the bride that's going to bring the currency back and forth at an International level...
...the borrowing law...the new exchange rate is going to be used in calculations of what they need to borrow from... counties... the borrowing law will have its second reading tomorrow [Tuesday] and its third on Saturday...the borrowing law has to have a rate in it and it does.
There are 4 banks. This is my opinion...the #1 bank is Bank of America. Turns out they sold the Iraqi dinar wholesale to the next bank in the chain of command. That was JP Morgan Chase. Then they sold it retail. How many of you bought your dinars from JP Morgan Bank? ...Then there was a 3rd bank - Wells Fargo...they were supposed to exchange the dinar for you. They were going to make a 'mint'...then there was a 4th bank - CitiBank. They were linked internationally with Iraqi banks...they are the bride that's going to bring the currency back and forth at an International level...
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» Frank26 claims the borrowing law when passed would be part of the reason to come out with a new rate.
» Frank26: "The new exchange rate is fixed to float under a controlled managed rate increase" (This Shows Frank Is Clueless On Rate Policies! LOL) 9/25/21
» MarkZ says -- I was told hidden in the borrowing law was a rate and is expected soon.
» Frank26 says - They even tell you that the rate against the dollar of the exchange rate has to decrease. Remember the smaller the number - it gets them to 1 to 1
» Frank26: "it is absolutely erroneous to believe the 1460 rate that they have right now is going to be the permanent rate for this budget" 4/20/21
» Frank26: "The new exchange rate is fixed to float under a controlled managed rate increase" (This Shows Frank Is Clueless On Rate Policies! LOL) 9/25/21
» MarkZ says -- I was told hidden in the borrowing law was a rate and is expected soon.
» Frank26 says - They even tell you that the rate against the dollar of the exchange rate has to decrease. Remember the smaller the number - it gets them to 1 to 1
» Frank26: "it is absolutely erroneous to believe the 1460 rate that they have right now is going to be the permanent rate for this budget" 4/20/21
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