Frank26
[Iraq boots-on-the-ground report]
FIREFLY:Mr Sammy says the key will be to keep the inflation down once they stop the auctions and then the notes will pop and the rate. But auctions closing will force things.
FRANK: Closing the auctions makes them obligated to give you a new exchange rate with lower notes to match it.
FIREFLY: Mr. Sammy also says that by December 31st we could see that. So that means it could be before that. FRANK: Regardless whether it be in two weeks or two months it's happening. It's coming. We need to be ready...
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