Wednesday, March 13, 2024

IRAQ NEWS DISCUSSION : "IRAQ THINK CHANGE THE IQD RATE" BY MILITIAMAN, 13 MARCH

  Militia Man 

 This is fascinating because this is coming from the Iraqi government today in the same context of Al-Sudani.  

Article quote:   "The Iraq government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1320.  

Implementing such a decision is likely to significantly increase Al-Sudani's popularity."  You think!?  Bring the purchasing power of $0.76 - that's what it equates to...deleting the zeros just like we've been talking about.

 They're not going to...build a country at 1310.  The math doesn't work.   I don't care how many times people try to figure that out.  Think about it for a second...1310  dinars to buy a pencil but if you can buy 100 pencils for one dinar because the dinar is worth $3.00, $4.00 or more. How many pencils can you buy? 

 Think about that in bricks, steel, sewer systems, infrastructure, lighting, military operations, airplanes, guns and weapons, grocery stores at 1310 as opposed to 2, 3, 4 bucks.  They specifically bring up and invoke 'previous eras' not me.  I just report that...

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