Thursday, July 11, 2024

"LATEST FROM FRANK26: Q & A WITH FRANK26, 11 JULY

 Frank26  

 I think Sudani is in control of the monetary reform.  I think he has security and stability and I think the international world knows it. 

 I think all the three letter agencies are in cahoots...with the CBI...GOI to go ahead and launch the new exchange rate...I think the exchange rate is either going to float at a fixed rate or it's going to float at a low rate then take some time to grow and be capped.  

If it's fixed at an RI rate then you know it's not going to float very much because the distance between $3.22 to...where they want to cap it it's not that far and the demand will allow the gap to be reached very quickly

 If it comes out at $3.22 you think I'm gonna wait around for a float?  No.

 Question: "During the float how much time will pass between each float as the amount increases?"  

We're looking at anywhere from 3 to 6 months.  But if they are generous we may be looking from 6 months to a year.  I pray that's the case because if they don't give us at least 3 months, if they give us one month, we're not going to be able to take advantage of the float.

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TIDBIT FROM FRANK26, 13 NOV

  Frank26  The monetary reform policy is being introduced to you Iraqi citizens on a daily basis isn't it.     It's is my hope.  It ...