"RV UPDATE" BY FRANK26, 26 JAN

  Frank26   

There are three things that the Davos meeting was demanding that they do. 

 1.  Do you have liquidity to back up your currency?  Yeah, they showed it.

  2.  Do you have supervision/overview of your monetary reform?  That's why the United States Treasury was explaining and then the IMF.  Ok good.  

3.  Can you monitor your banks?  ...Yeah.  That is good enough with us.  You are Basel 3 compliant...This is huge. 

 What happens when there is a demand for a specific supply ? 

 It runs out quickly.  Or it goes up in value quickly.  The simplest thing, toilet paper, became so valuable when the covid hit us...If I was Sudani I'd give the lower denoms and the new exchange rate and instantly the dinar goes into a basket with other currencies around the world to float.  The definition of supply and demand is going to take that float to the REER (Real Effective Exchange Rate).  How are they going to reach the REER?  By supply and demand.