Mnt Goat
I talked to my CBI contact...and I was told this decision of 2027 is not yet final. She told me she cannot understand how they would even think about waiting that long to swap out the currency.
This is something they need to happen now. Even another couple months might prove disastrous.
I...want to point out the convergence of events that is about to happen. We will get peace in the middle east, Iran’s influence in Iraq will end, the IQD will be on FOREX, accession to the WTO, and we will be going to the bank. The only issue we don’t know for certain is the timing of it all. For us we must watch the timing of the removing the zeros.
This will be the movement we need to see. There is ABSOLUTELY NO WAY the IQD could EVER go back to FOREX at a rate to attract investors at 1/6 of a penny so it will have to be at least over the 1990 pre-war days of $3.22. Iraq MUST FIRST REMOVE THE ZEROS thus swap out them out for the newer lower denominations.
The ONLY reason why they have not yet done this is due to corruption...Shut this corruption with Iran down and then remove the zeros and “away we go”...
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