STATUS OF THE RV . PART. 3
Logically this may sound great if you nothing about finance and economics, but first I need to point out a country wants more trade both imports and exports.
It’s called a balance of trade. Tariffs ensure the balance is maintained. Tariffs can also be a huge revenue source over time if more exports are realized. So, a country really does not want to dampen imports either as the Obama/Biden plan calls for.
If you are a financer and/or economists and really study how things work in the real world, it can be seen that be increasing the rate of Iraqi dinar will make it more valuable and thus more companies outside of Iraq will want it. Better yet if you reinstate the dinar on the global trading platforms. Thus, the amount of trade won’t even matter and the dinar will be more acceptable and it will decrease the demand for the dollar on its own. Alos don’t forget also that when the dinar is reinstated it will be repeg off the sole dollar peg and pegged to a weighted basket of currencies. So again, the Obama/Biden plan does not work and is senseless. The Obama/Biden plan will enslave the Iraqi economy forever. We will literally NEVER see the RV if this is the case. Get it?
So, the CBI plan will work, if only they let go of this stupid Obama/Biden plan and go ahead with the next step in the plan. The next step is the in-country RV with the Project to Delete the Zeros. Who will want the dollar when the dinar is more valuable in Iraq? The parallel market will not even really matter anymore either. So, what is the breaking point? When will the pressure to change the foreign policy towards Iraq really happen . When will the US let go and let Iraq manage its own affairs?
So, as investors we muddle through these trying times. We wait to see what the new Trump administration will do to help or hinder this situation in Iraq.
😊Some good news is in the article titled “BRITISH AMBASSADOR: OUR VIEW ON IRAQ HAS BEEN FIXED FOR 30 YEARS, BUT NOW IT HAS CHANGED FOR THE BETTER”. The British Ambassador to Iraq, Stephen Charles Hitchcock, confirmed today, Monday, that “Iraq is a country of opportunities and investments, while expressing his optimism about the future of Iraq, due to the creativity, courage, dignity and endurance of the Iraqi people.”
It sems to me that the US is taking Iraq for granted meanwhile the British are stepping up and moving ahead with Iraq. Will the British be the ones to speak up and help change the US policy towards Iraq. This would surely benefit them.
😊 Some more good news is that ISSUE NO. (4814) OF THE IRAQI GAZETTE WAS PUBLISHED ON 2/17/2025. It included Law No. (4) of 2025 “First Amendment to the Federal General Budget Law of the Republic of Iraq for the Fiscal Years (2023-2024-2025) No. (13) of 2023.” Also they just told us the budget will not yet be open as there are technical issues yet to resolve with the Kurds. Like I told everyone that the RV rate will NOT EVER be in the budget and so many of these intel gurus told you it was and just went ahead telling this was an event that would trigger the RV. Well. it has happened days ago, the law is passed and in the gazette and still no RV. I assure you with 1000% certainty that this event is NOT going to trigger the RV. You would have to be a brainless idiot to think this would happen taking into consideration the current state what is happening with the dollar in Iraq. Yes, brainless idiot and I mean you TNT Ray and Tony Renfrow. Oh… this is going to be yet another weekend of waiting and watching for the RV then disappointment again on Monday. Then these brainless idiots move on to more lies about a Wednesday RV and then the next weekend again. This brainless bullshit of his and other gurus has been going on for over a decade now.