"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 26 JAN

 Frank26 

 [Iraq boots-on-the-ground report] 

 FIREFLY:  Television is showing Parliament Finance committee saying we are close to closing the parallel market and solving the dollar exchange rate.  FRANK:  How many ways can they tell them?

 FIREFLY:  Channel One TV is saying we just overtook and stopped the most dangerous and most corrupt organization that has ever stolen dinars.  They stole over 1 trillion dinar...individuals arrested and groups have been stopped. 

 FRANK:  The money was recovered...This is the phase of the monetary reform right now, to recover this type of money, to be in position to float internationally...

   FIREFLY:  TV showing the meeting in Davos with CBI governor, IMF, World Bank and Sudani have shortened the time on financial and banking reform.  They're saying it's a shorter time expected now to complete the reforms .  

FRANK:  He is telling you they are very very close to giving you the new exchange rate with the lower denoms ...What happened at Davos put the monetary reform on light speed.

FIREFLY:   On the economic news an economic specialist is saying Iraq needs to use a basket of currencies to add value to the dinar against the dollar.  

 FRANK:  Sudani sends out another expert in the financial field that you know and trust...Exactly what we've been telling you.  This is the next phase IOO... This is the most powerful part of the monetary reform education to you as an Iraqi citizen...The basket of currencies is required in order to add value to the Iraqi dinar.

 They will never talk to you about something that needs to be done.  They will talk to you about it after it is done.  That is what is called the float and that is what is going to take you back to your RI.  Your currency rate has to be reinstated back to $3.22 but that's the international side of Iraq...

The goal of the CBI is to reach the Real Effective Exchange Rate.  In doing so it adds value to you even thought it's 1 to 1 in country...It will stay at 1 to 1 to the American dollar in Iraq but you will finally have your purchasing power that you have long waited for.

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