Sunday, February 25, 2024

"RV UPDATE" BY FRANK26, 26 FEB

  Frank26 

 Article: "Trade: Forming a committee to price foodstuffs, limit their rise, and exploit crises

 THIS IS WHAT WE TOLD YOU TO LOOK FOR NEXT...Alaq has formed with his cabinet a committee in order to do the repricing because it will be required with a new exchange rate.  What is the conclusion of all this?  I'm excited.  I told you, you should be too.

 Question:  "Is it good to hold some of our currency and hope the exchange rate will increase years from now?"  

That's your decision.  I can't answer that for you.  But it's a logical thing if it's in the float.  Let's say you got 2 million, exchange 1 million and check out the float.  Maybe you can get it for 2 to 1, 3 to 1, 4 to 1.  Yeah, that's proper stewardship.  But based on the amount of time they give you is how you determine whether you hold them or fold them.

 Question: "I appreciate you saying Chase and JP Morgan but is there a problem with Bank of America or Merrill Lynch?"  Who said there was? 

 You want to go to BOA and see if they can hook you up with Merrill Lynch?  Go for it...I told you there would be many banks.  If you don't like this one go to another bank.  There will be many places you can go and exchange to.  

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