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MilitiaMan: "They have to raise the value of their currency. And that is what they are talking about" 1/19/21
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MilitiaMan: "They have to raise the value of their currency. And that is what they are talking about" 1/19/21
MilitiaMan
It looks like...the reducing of the value of the local currency [Iraqi dinar]...wasn't a good move. The devaluation created more inflation. Pricing has gone up 30 to 50%. That's not only from the articles, that's what we're getting from people who actually are over there...Are they going to keep it at 1450 for another year? My personal opinion is they will implode...for them to pay taxes they are not going to be at 1450...It just does not make any sense to anybody that they would do that. What's more likely is that they change the rate again in early 2021...
Why did they kick the can with the budget for so long? ...there's got to be something more to it. Then I started to see patterns. And I started to see the timelines. Then I stared seeing the dates...when I saw they came out yesterday and told us they were going to wait and do it on the 24th...wow!
They want to Track...The Money...And the supplies...And the corruption. Level playing field...the private sector is what they are talking about...businesses from all over the place. [b] To get the private sector they need an internationally accepted traded currency. They have to have article 8 compliance. They have to raise the value of their currency. And that is what they are talking about...[/b]
It looks like...the reducing of the value of the local currency [Iraqi dinar]...wasn't a good move. The devaluation created more inflation. Pricing has gone up 30 to 50%. That's not only from the articles, that's what we're getting from people who actually are over there...Are they going to keep it at 1450 for another year? My personal opinion is they will implode...for them to pay taxes they are not going to be at 1450...It just does not make any sense to anybody that they would do that. What's more likely is that they change the rate again in early 2021...
Why did they kick the can with the budget for so long? ...there's got to be something more to it. Then I started to see patterns. And I started to see the timelines. Then I stared seeing the dates...when I saw they came out yesterday and told us they were going to wait and do it on the 24th...wow!
They want to Track...The Money...And the supplies...And the corruption. Level playing field...the private sector is what they are talking about...businesses from all over the place. [b] To get the private sector they need an internationally accepted traded currency. They have to have article 8 compliance. They have to raise the value of their currency. And that is what they are talking about...[/b]
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