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MilitiaMan  says --  ...the articles of late...suggests that the recent devaluation is and was a very big mistake and one they are going to fix... DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

MilitiaMan says -- ...the articles of late...suggests that the recent devaluation is and was a very big mistake and one they are going to fix...

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MilitiaMan  says --  ...the articles of late...suggests that the recent devaluation is and was a very big mistake and one they are going to fix... Empty MilitiaMan says -- ...the articles of late...suggests that the recent devaluation is and was a very big mistake and one they are going to fix...

Post by Ponee Mon Jan 18, 2021 8:41 pm

MilitiaMan  




 ...the articles of late...suggests that the recent devaluation is and was a very big mistake and one they are going to fix...The move didn't do anything good like they thought it would...Well, it is my opinion they were allowed to do that, as the experts knew it would have cause and effect. It is as though they allowed them to experience the negative effects and get to the bottom to see that pain from increased pricing. A taste of reality so to speak... Which would then show them that the right way is still on the table. That is imo to be the deletion of the three zeros. The reconstruction effort cannot be effective nor support Iraq in being competitive in the global market at 1190 let alone 1460 Dinar exchange rate. That will never happen.





 Article:  "On Saturday, the House of Representatives ended discussion of the budget bill for 2021."   Quote:  "determining the price of a barrel of oil and currency exchange in the budget law are the government's prerogatives, indicating that The implementation of the budget law requires reducing the volume of total spending and activating the private sector, both industrial and agricultural,"    ...Activating the private sector. That my friends is imo going to a market economy, whereby, activating the industrial and agricultural sectors to create jobs. The real exchange rate will do the trick...

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