Frank26 Question "If the rate goes to .75 or if it goes to 1 to 1 will that be enough income for the people of Iraq?"
IMO any increase in the dinar value is added income and necessary for the Iraqi citizens. They're not trying to get rich...
They're trying to eat and pay their bills. T
hey will see value in their currency...Social Security...retirement checks...HCL. that alone is four different incomes they will be having very soon.
Frank26 [Iraq boots-on-the-ground report]
FIREFLY: TV saying with the funding of the budget we are going to see a major decrease in the dollar exchange rate.
FRANK: They cannot touch the dollar exchange rate. Only the US Treasury can touch that exchange rate.
So what are they talking about? They're talking about adding value to their currency which will decrease the value of the American dollar in their country. That's what they're talking about.
No comments:
Post a Comment