Friday, November 22, 2024

TIDBIT FROM SANDY INGRAM, 22 NOV

 Sandy Ingram  

Here's what's been happening behind the scenes surrounding the IQD bank notes that are outside of Iraq.  Someone, somewhere implied we are holding Iraqi bank notes illegally. 

 There are a number of reasons why this rumor has taken root but not to worry...no federal US agency has supported this claim.  [We] believe this rumor was started by people who want to shut down IQD videos and with good reason.   Some of the claims being made on Iraqi dinar channels are completely untrue and have no documentation. 

 The second reason for the rumor is the closer Iraq gets to satisfying its economic goals the more illegal actors want to collect IQD banknotes for potential profits.  

Thirdly, we know Iraq has overprinted the currency and it would be convenient for the country to ignore bank notes outside of the country...We found the documentation that proves most of us are legal holders of our Iraqi dinar. 

 The information was found in the US State Department Archives.  Here's what it says, 'The currency of Iraq is the dinar (IQD), sometimes referred to as the new Iraqi dinar.  Iraq's current exchange system is characterized as a free foreign exchange system with no restrictions on purchases or sales of foreign currencies.  The Iraqi currency is fully convertible and can be exchanged freely with any other currency...

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