Frank26
Article: "Al-Alaq: Stabilizing the exchange rate is a major process that requires changes to the commercial system and external transfer in Iraq" Wow! For the next person that says to you it's a scam, first punch them in the nose - no. no. no. :)...take them [this article]. That's fantastic. This is the monetary reform education and it's being given to the citizens in massive amounts...
Question: "Have the sanctions been removed from Iraq?" IMO 99.9% have been removed. The 99.9% that stopped the monetary reform have been removed. Iraq is not going to come out at a 1,000 to 1 rate...They are going to come straight out of thegates...to reinstate their currency IMO above a 1 to 1 rate.
Because right now Iraq has an inflation rate at 20% and if they come out at
1,000 to 1 to start the float in removing the 3-zeros they would be at
a 40% inflation rate in their country...
1,000 to 1 to start the float in removing the 3-zeros they would be at
a 40% inflation rate in their country...
It makes no sense to come out at 1 to 1. It would not accomplish what they are trying to do...When They should have released it at 1,000 to 1 that would have worked instantly...at that time. But they didn't. They stalled...Now
there is just one rate...These are exciting time.
there is just one rate...These are exciting time.