Militia Man
They were definitely coming after Alaq. Why? Because their cash cow...is getting dried up and obviously they're getting squeezed. You not only have people in Baghdad getting squeezed you got people in Kurdistan area are going to get squeezed as well because they are on the wrong side of the trade. They have different agendas.
Militia Man
Article quote: "Central Bank's inability to meet the needs of Iraq dinars which may force an increase in issued monetary mass."
They didn't say dollars, they said the need for dinar.
Why would they need to have dinar?
Remember...they've been bringing in 25k notes because...they're doing electronic. All that money that comes in gets credited on cards. They've been absorbing cash.
What were they doing in the background?
They were destroying money...They didn't tell you how much money they destroyed...But they're saying they're having a problem with liquidity...a problem...to meet the need for Iraq dinar...They're going to need money to be replaced. Could that be the new small category notes with more value? ...
Why in the world would you go out and destroy a bunch of money... make it into pellets for burning, when you're going to go and create new 25k notes. Does that make any sense to anybody?
Do you think they built that big, huge massive building...to have more inflation and a cheaper exchange rate less that 1310? That's what they would be doing...That doesn't make any sense whatsoever.
https://dinarevaluation.blogspot.com/2024/08/latest-from-militiaman-21-august.html
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