Saturday, December 2, 2023

"RV UPDATE" BY FRANK26, 2 DEC

 Frank26

  Question:  Article VIII, WTO do these matter?

  Yes without a doubt.  WTO you notice they have not been ascended into it.  Doesn't matter.  Whenever they do it they'll do it but what's really important is in order to join the WTO you have to be Article VIII...All they have to do is raise the value of their currency, that's it.

 Question:  'Do you think the rate might come out more than 1 to 1 or higher?'

  It is possible they might be looking at $1.18...1 to 1 is a good start no doubt but it's been 20 years and I think $1.18 is fair enough to start the float at against the dollar.  The goal is to go past the dollar.

 Why are all these countries, why are all these companies saying such great and wonderful things about Iraq and Sudani when they never did before? 

 Why is it that parliament is saying beautiful things about reforms and the success of it that Sudani has had?  There is a change in your [Iraqi citizens] monetary policy.  Your monetary sovereignty is coming to you before '24.

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