Thursday, September 26, 2024

"WHAT MEANS AN INMMINENT RV FROM THE IQD" BY MNT GOAT, 26 SEPT

 EXCERPTS FROM MNT GOAT

Then also in today’s news they tell us and I quote from the article “AN IMMINENT PROCESS TO CHANGE THE SKIN OF THE IRAQI DINAR.. REMOVING ZEROS WILL REVEAL THE EXTENT OF CURRENCY MANIPULATION”

Define Imminent: as an adjective, about to happen.

    I believe they really meant Inevitable rather than Imminent. With Arabic to English translation meaning sometimes gets lost. 

    But this is only my opinion and it could actually mean Imminent as I also believe we are in the final stretch leading to the Project to Delete the Zeros kicking off this fall between Nov and Dec we are very close to it now. 

    Either way we are very close and they can’t hold off progress much longer. This project, as you know, will ready the economy for the reinstatement in early 2025. 

    The reinstatement of the IQD will also facilitate the WTO accession, trade and coincides with the transition to the correspondent banking system will take place at the end of the year.

    Define Inevitable: as an adjective, certain to happen; unavoidable:

    I quote from the article titled “PRIME MINISTER: WE WILL SWITCH TO THE CORRESPONDENT BANKING SYSTEM TO CONDUCT 100% OF FOREIGN TRANSFERS BY EARLY 2025” – I quote from the article “Iraqi Prime Minister Mohammed Shia al-Sudani said that Iraq will switch to a correspondent banking system to conduct 100% of foreign transfers early next year.


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