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» Carnival Rides
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeFri May 10, 2024 5:03 pm by kenlej

» Go Russia
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeSun May 05, 2024 11:37 am by kenlej

» Go Russia
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeSun May 05, 2024 10:51 am by kenlej

» Textbook Tony
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeMon Apr 29, 2024 4:13 pm by Mission1st

» The Rockefellers and the controllers are freaking out right about now
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeFri Apr 26, 2024 11:16 am by kenlej

» Phony Tony sez: Full Steam Ahead!
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeSat Apr 13, 2024 11:51 am by Mission1st

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeSat Apr 13, 2024 11:45 am by Mission1st

» Russia aren't taking any prisoners
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeFri Apr 05, 2024 6:48 pm by kenlej

» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeWed Mar 27, 2024 6:02 am by Ditartyn

» ZIGPLACE
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» CBD Vape Cartridges
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
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» THE MUSINGS OF A MADMAN
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

» Did Okie Die?
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeMon Mar 04, 2024 11:34 am by Arendac

» Hello all, I’m new
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeWed Jan 31, 2024 8:46 pm by Jonny_5

» The Renfrows: Prophets for Profits, Happy Anniversary!
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

» What Happens when Cancer is treated with Cannabis? VIDEO
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

» An Awesome talk between Tucker and Russell Brand
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

» Trafficking in children
Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20

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Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 Empty Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20

Post by RamblerNash Thu Dec 31, 2020 12:41 am

Breitling 

If you look at the Saddam Hussein era the currency was worth $3.25 cents...How many people were buying Iraq's energy?  It was a lot but it's not as much as it is today...$3.25 with less customers!  You understand what Iraq can do...Iraq needs to sell energy through the U.S. dollar and at the same time add value to their currency.  Those are different markets.  They have to add value to their currency as a policy so they can create the markets...If you look at it through that direction it's crystal clear.

This last year they kept talking about adding value to their currency and complying with what Trump's trying to do...the next thing you know they devalue it.  What are they doing?  They're trying to negotiate because they're on the edge of doing this.  They want to devalue their currency so they can pay off debt - get the payments down...then they're going to start adding value to their currency.  Iraq needs to get out from under the U.S. dollar... adding value to their currency there's more than one path...it's very simple.  It's a policy based investment.
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Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20 Empty Re: Breitling: "They want to devalue their currency so they can pay off debt - get the payments down" 12/30/20

Post by Sam I Am Thu Dec 31, 2020 4:50 pm

"...it's very simple.  It's a policy based investment."

Except that their policy is exchange rate stability.  They kept it between 1166:1 and 1190:1 for over ten years.  They only reason they devalued was that they were forced to by economic conditions resulting from the extensive decrease in oil revenues.  Look for them to keep the value between 1400:1 and 1500:1 for a few years.


Last edited by Sam I Am on Thu Dec 31, 2020 7:48 pm; edited 1 time in total
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Post by RamblerNash Thu Dec 31, 2020 5:22 pm

Now how come Breitling, or any other "Dinar Guru", saw the IQD devaluing, and reported it ahead of time? LOL

They are all grasping at straws and throwing spaghetti to see what sticks with there followers to keep their game going...
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