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Frank26: "We told you the value of the Iraq dinar was going to go up based on all the articles" 12/22/20 I_icon_minitimeThu Feb 29, 2024 12:19 am by AmareCortez

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Frank26: "We told you the value of the Iraq dinar was going to go up based on all the articles" 12/22/20 I_icon_minitimeMon Jan 15, 2024 5:43 pm by RamblerNash

Frank26: "We told you the value of the Iraq dinar was going to go up based on all the articles" 12/22/20

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Post by RamblerNash Wed Dec 23, 2020 11:59 pm

Frank26 

We have a situation where the CBI is coming out and saying we have a new exchange rate for the Iraqi dinar.  Don't we have a bunch of articles that said 'we're working very hard to raise the value of the dinar?'  Don't we have the IMF that said 'Iraq is going to lift the value of their currency before the end of this fiscal year? We told you the value of the Iraq dinar was going to go up based on all the articles.  These articles are powerful because they come from the horse's mouth not our opinion.  So what happened?

...Back in the 1990's...China takes their newspaper, they take a full page and it was a disclaimer from the Chinese government saying 'We're not going to raise the value of our currency...'  Three days later...the IMF announces that the Chinese currency has gone up in value.  Kuwait in the late 1990's did the same thing...why did you do what you did?  ...Kuwait and China say it's because we're going through a monetary reform with our currency.  Iraq is going through the same thing...what they're doing right now is a one time thing.  This 1450 is only for a short time.

We have a change in the Iraqi dinar but it was a decrease.  You took away purchasing power?  ...this is a great misdirection.  A great head fake...China and Kuwait did the same thing.  This is brilliant.  Masterful... the exchange rate is going to change again.  It's not going to stay at 1450...
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