Thursday, August 24, 2023

"RV UPDATE" BY MILITIAMAN, 24 AUGUST

 MilitiaMan (KTFA)


My take is a float won’t work in a digital world. I just don’t see it. I think they are going to make an adjustment to their Reel Effective Exchange Rate (REER) and I hope and expect it will be better than it was in a previous era. 

When I first got into this – the IMF had shut them down from $3.22 …so, when they reinstate – I think they will start there…maybe add some for inflation , and they probably will do a “managed float”…

Article:
“Specialists: The path of development gives Iraq an important position in international trade”

The development road is the investment side of the tripartite budget. 

Get ready folks, we can see the efforts being taken are to join the Global Financial System.. There is no denying it. imo.

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