"RV UPDATE" BY MILITIAMAN, 8 FEB

 MILITIAMAN

  Article quote:  "Iraq is better off now ever than it's in its financial history."  

Even at a program rate, even at where we've been and what we've seen the central bank has probably done the job that they said they were going to do... Bottom line is Iraq has reserves...gold..more natural resources found, probably proven or probably...That is huge.

 The Iraqi Central Bank is not going to come out and say, 'by the way you guys, tomorrow we're going to come out and drop the three zeros and guess what it's going to be at X [rate].'  They're not going to do that.  Nor is the...Finance Minister going to say, 'Hey by the way, I'm going to order the Central Bank of Iraq to what they got to to to change the value of the currency.'  Nor is the US Treasury, US Federal Reserve, World Bank, IMF or Bank of International Settlements...

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-militiaman-7-feb.html

  The Iraqi Central Bank is not going to come out and say, 'by the way you guys, tomorrow we're going to come out and drop the three zeros and guess what it's going to be at X [rate].'  They're not going to do that.  Nor is the...Finance Minister going to say, 'Hey by the way, I'm going to order the Central Bank of Iraq to what they got to to to change the value of the currency. '  Nor is the US Treasury, US Federal Reserve, World Bank, IMF or Bank of International Settlements...

 Article:  "Postponing Electronic Application for Housing Funds" 

 They told us they were going to build hundreds of thousands of homes.  They were going to have loans ready for them but they decided to postpone it. 

 Quote "...until new mechanisms for getting loans is approved...' 

 What's that about? 

 You were going to open up for loans for hundreds of thousands of housing units but you posted it for a 'mechanism'.  What's their definition of mechanism?   They don't say but we have to think - Writing up a mortgage at 1310 exchange rate and that changing the next day creates a problem...They need to know how much.

Iraq is doing a phenomenal job...Thinking that this is never going to get done?  And we have issues?  

Well of course.  The Middle East has always got issues.  But are they getting better?  Yeah...Anybody and everybody that owns the Iraqi dinar...should have an idea where the Development Road Project is headed and where where their outlets are in the Mediterranean and in Europe.  It'll make you wake up.  

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-militiaman-4-feb_01234546568.html