A Sudden RI would cause the 'Purge' to occur
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A Sudden RI would cause the 'Purge' to occur
by GirlBye Mon Nov 09, 2020 9:27 pm
In my humble estimation THS article below is indicative of exactly what would happen if all of a sudden the Dinar was reinstated to its former value before proper banking and security measure were put in place. Thousands of people are hiding currency in their homes, and dont trust banks. A sudden surge in wealth would cause a "Purge' like situation where lawlessness would ensue.
There has to be a way to have assurances in place so that the citizens feel safe placing their cash in banks, and that wont happen until an FDIC type structure is put in place at banks so people can feel like their wealth is protected.
Eight gunmen robbed the house of a citizen in the Al-Shaheeniya area of Al-Rifai district in Dhi Qar governorate.
A security source said that six of the gunmen were wearing military uniform and managed to steal seventy million Iraqi dinars during the operation.
In the details, the source explained that the gunmen severely beat the owner of the house, indicating that investigations are still ongoing to find out the circumstances of the case and the party behind it.
https://iraqakhbar.com/2745348
There has to be a way to have assurances in place so that the citizens feel safe placing their cash in banks, and that wont happen until an FDIC type structure is put in place at banks so people can feel like their wealth is protected.
Armed men in military uniform robbed a house in Al-Rifai
Eight gunmen robbed the house of a citizen in the Al-Shaheeniya area of Al-Rifai district in Dhi Qar governorate.
A security source said that six of the gunmen were wearing military uniform and managed to steal seventy million Iraqi dinars during the operation.
In the details, the source explained that the gunmen severely beat the owner of the house, indicating that investigations are still ongoing to find out the circumstances of the case and the party behind it.
https://iraqakhbar.com/2745348
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