Thursday, April 25, 2024

"RV UPDATE" BY PIMPY, 25 APRIL

 Pimpy 

 Community comment: "I believe there's an article by Dr. Shabibi stating when the new currency does come out both currencies will coexist for up to 10 years..."  Yes it was said it would coexist for 10 years.  I don't think it's going to need 10 years...

The last time they changed currency they only gave them three months.  But even if it does coexist for 10 years...and they re-denominate...just because you still have the 25,000 dinar doesn't mean you get to exchange it 25,000 times whatever the exchange rate is.  They're going to treat your 25,000 dinar just like they would the 25 dinar.  

 It might coexist but don't be fooled into thinking you get to take advantage of the fact you have 3 extra zeros because that's not going to happen..

Al Sudani when him and his delegation was here to say they were busy would be an understatement.  Did you see all the meetings?  Meeting with the president, Secretary of State, the Pentagon... The Czech Prime Minister, Homeland Security...Signing 18 memorandums of understanding...JP Morgan...Iraq was really busy when they were here.  They saw a lot of people.  This is a good sign.

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