Militia Man
Everything is falling in line for Iraq to go international. You haven't see the salaries paid yet...you haven't seen the oil start pumping yet into Turkey...Why? Because they haven't shown us or exposed an international real effective exchange rate. That's my view on it.
When you talk about drop the three zeros... Al-Sudani's goal is to bring purchasing power to the his citizens. When he said $0.76, that's purchasing power. It's not a lop. It's purchasing power. If you have a lop you don't have purchasing power, you just have a change in denomination...They're going to bring purchasing power to the citizens. All of that is happening before our eyes. Quote on X [Formally Twitter] There's some information out there today that says the Central Bank of Iraq's governor has advised citizens to get ready for a currency exchange...Whether it's true or not we're going to find out...The reason why I bring it up is because that kind of to be expected, they're having financial inclusion...they're talking about that.
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