More News, Rumors and Opinions Saturday Night 1-8-2022
TNT:
RVAlready: Wow. Dr Shabibi died just before the RV. Very strange indeed.
Annie68: Dr. ShIbibi helped write this reset!
AL: Thank you Dr Shabibi for all you did… This investment is certainly showing it’s age. For Dr Shabibi at this point in time, when we are so close to this coming to fruition I believe that is more than noteworthy. From what I could see he was a significant player and architect in the restoration of Iraq.
REI: If I remember right, the Kuwait President died the day before they RV'd and then rose again to life after their RV.....just saying.
NetGlobal: Walkingstick and Frank are saying that pictures of the new lower denominations will be posted on electronic billboards all over Iraq very soon. If they are it’s Game On.
Tishwash: Exchange rate first
It is time to adjust the exchange rate to enhance the value of the national currency (the Iraqi dinar) against the dollar.
And now that the reasons that prompted the decrease in the exchange rate of the dinar against the dollar as a monetary treatment to overcome the obstacle of the country being forced to borrow externally and internally have disappeared, there is no justification for sticking to this painful measure that touched the lives of all segments of society.
The direct reason for this tight monetary policy was the drop in global oil prices with the effects of the Corona pandemic, and the world has largely overcome this difficult ordeal.
With the return of oil prices to the rise, a cash surplus was achieved that contributed to supporting and strengthening the Iraqi cash reserve, the safety valve for periodic financial crises and natural disasters.
In addition to the above, Iraq was able to close the curtain on the debts imposed on Iraq forcibly to Kuwait. These factors and indicators are encouraging to readjust the exchange rate to what it was before the revaluation of the dollar against the dinar Iraqi.
Perhaps one of the most important reasons and justifications for the demand to return the exchange rate to its normal state is the situation and the painful effects that the citizen has endured, forcing him to give the government the opportunity to address the already dire financial situation.
The measure to reduce the exchange rates of the Iraqi dinar against the dollar has caused chaos in the market and broke down the stability that the market enjoyed at the previous rate.
The prices of materials and goods have been inflamed, which has affected the purchasing power of the citizen. You can imagine the extent of the suffering caused by the prices of medicines and basic materials for all segments of society, especially the poor, the retired and the employees.
The measures taken by the government to treat the poor segments were not equivalent to the effects of the exchange rate difference.
Accordingly, one of the tasks of the new government is to take decisions to restore the price and take strict measures against price manipulators, especially medicines and important commodities that touch the citizen's livelihood by activating the role of careful monitoring of the market.
In mentioning the prices of medicines, the Pharmacists and Physicians Syndicates must activate their role in monitoring and accountability.
For this reason, let us make readjusting the exchange rate the first task of the next government and parliament to relieve the burden of the citizen.
And a question that comes to mind, can the concerned authorities begin to gradually reduce the exchange rate until the formation of the government to mitigate the double effects on both sides of the equation? link
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Courtesy of Dinar Guru
Vital Brad There's a big meeting this Sunday in Iraq...that's in the the news...happening on the 9th...Do we wake up this next weekend and all of a sudden Iraq is back on the international market? It's possible. It's absolutely possible...
Walkingstick and Frank26 The CBI is going to rent...electronic boards from the government of Iraq...they will plaster these new small category notes all over the place. These new small category note pictures will be the new graffiti in Iraq. It'll be on every wall that you can think of...the sighting of the new small category notes is getting closer to the eyes of the Iraqi citizens because IMO the new small category notes are now in the hands of all the private bank tellers...
Brace for major market 'fireworks' - Lobo Tiggre's bold 2022 predictions for gold, silver, Fed
Kitco News: Jan 7, 2022
2022 is going to be a rollercoaster ride for markets. Stay on the right side of the trade, or you're going to get hurt, said Lobo Tiggre of The Independent Speculator.
15 Places Where The Rich Escape The Cold This Winter
Alux : Dec 22, 2021
In this Alux.com video we will be answering the following questions: Where do the rich spend their holidays
00:00 - Intro
00:35 - Dubai, United Arab Emirates
01:21 - Koh Samui, Thailand
02:06 - French Polynesia
02:48 - Cabo San Lucas, Mexico
03:22 - Copacabana, Brazil
03:57 - Hawaii
04:37 - Fregate, Seychelles
05:19 - Bahamas
05:52 - Maldives
06:28 - Necker Island, British Virgin Islands
07:20 - Provence, France
08:04 - Algarve, Portugal
08:46 - Turtle Island, Fiji
09:25 - Tenerife, Spain
10:00 - Bali, Indonesia