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Monday, June 9, 2025

TIDBIT FROM MILITIAMAN

 Militia Man  

Iraq is under sanctions and is not actively traded globally at any significant means. 

 But when they are, when they do have a real effective exchange rate, there's going to be an impact to all [their] trading partners...When Iraq hits the Forex they're going to be monitoring all those [trading] countries to play by the rules with a level playing field...They're going to have to play fair with real fundamentals...

They're not going to want anybody taking advantage of when Iraq has a real effective exchange rate.  They want a stable exchange rate.