These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Newshound Guru Jeff :
This article is from Father’s Day of 2021 and is by the financial advisor Salih (former #2 guy at the central bank under Shabibi) “Monetary systems aspire to remove the burden of historical inflation from the folds of the monetary unit by resorting to deleting 3 zeros from the old currency to equalize new currency with lower numbers but with the same value.” He’s talking about 2 currencies coexisting together with the same value. The same value being pegged against a foreign currency such as the US dollar…They’re going from larger 3-zero notes down to single digit notes, probably nothing above 100 plus coins. That’s because their inflation is very very low…around 3%.
According to Newshound Guru Sandy Ingram :
The Iraqi dinar’s value may rise as a result of a trend being established and adhered to. The reality that Iraq is still developing the financial infrastructure of nations fully engaged in the global economy cannot be disregarded.
According to Iraqi Dinar Newshound Guru Kaperoni :
How could you RV 100 trillion dinars at 1 to $1 if your nation is only worth $16 trillion? When your nation is broke, where would you find the remaining $84 trillion? People, please wake up!
According to Intel Guru Frank26 :
“Will Frank have an 800 number?” is the question. Frank26: Not at all. Let me tell you the location of the 800#. Obtain a credit card. Turn it around. The 800# for the bank that is associated with that card is visible to you. Your 800# is there. Ask them over the phone if they exchange foreign currencies. The phone number for the US Treasury is the other 800# you require. They’ll let you know what banks are trading.
According to Iraqi Dinar Intel Guru Reset Intelligence :
The issue of delayed salaries in Iraq is not new. What is noteworthy is that Baghdad has ceased to excuse these delays and has begun to provide explanations, complete with numerical data. The government has acknowledged a liquidity crisis and announced that salary payments will be postponed. The total monthly salary expenditure amounts to 10.8 trillion dinars, while domestic revenue ranges from 2.5 to 3.5 trillion dinars. Meanwhile, the Central Bank of Iraq holds reserves of $93.7 billion, backed by a growing gold reserve. A nation with such wealth should not have to claim financial hardship; it is making a choice to do so. The Prime Minister’s financial advisor has informed the media that all salaries are fully guaranteed. Iraq has communicated this same narrative to its citizens on two previous occasions, both of which affected the official exchange rate. The current crisis being reported is a preparation phase rather than an immediate emergency. Baghdad is preparing its citizens for the eventual shift in Iraq’s currency.
According to Newshound Guru Militia Man :
The article: “THE PARLIAMENTARY FINANCE COMMITTEE PROPOSES PRINTING MONEY TO SECURE SALARIES INSTEAD OF RAISING THE EXCHANGE RATE” This demonstrates the tremendous level of political sentiment surrounding the salary measure. Some people favor the brief Printing extra dinars is a short-term monetary expansion that carries the danger of inflation when used as a liquidity instrument over an exchange-rate step. A coordinated rate adjustment would realign the dinar in the manner of REER.There is a lot of debate and actual pressure.
According to Iraqi Dinar Newshound Guru Stephen :
You may not be aware, but Kuwait has invalidated significant amounts of stolen currency. Many individuals who possessed these stolen notes found themselves unable to exchange them. Just picture smuggling millions or even billions of dinars, only to discover that when you attempt to cash them in, they are deemed null and void. The Kuwaiti government denied reimbursement for specific serial number ranges associated with the theft. There is much discussion regarding the large money supply in Iraq as a counterargument to a potential revaluation of the Iraqi dinar. However, I would contend that the volume of Iraqi dinars that have been smuggled and stolen from the central bank over the past 23 years far exceeds the amount currently held by international investors. Will Iraq implement a measure similar to what Kuwait enacted in the early ’90s to render a significant portion of that stolen currency invalid? Such a move would drastically decrease the money supply almost instantaneously.
According to Newshound Guru Samson :
The article states that “THE TOTAL AMOUNT OF PRINTED CURRENCY IN IRAQ IS 113 TRILLION DINARS, AND 94% OF IT IS OUTSIDE THE BANKS”
According to Iraqi Dinar Newshound Guru Jeff :
Article: “Iraq has experienced a shortage of dinar liquidity making it increasingly difficult for the government to finance public sector salaries and operational expenditures.” I can tell from this news that the rate will probably change in August. They are unable to pay the salary for months at a time. They are unable to.
According to Newshound/Intel Guru Mnt Goat :
…keep in mind…the strategy of the Trump administration aimed at transforming the Middle East into a peaceful region…Article: “AN AMERICAN PLOY TO IMPLEMENT THE NEW MIDDLE EAST PROJECT… WILL IRAQ SWALLOW THE BAIT?” We can already observe significant foundational work being established for this vision to materialize. This article…clearly indicates that Iraq is integral to the larger scheme and will play a crucial role in this Trump initiative. However, Trump will also require the collaboration of Iraqi officials to achieve success. We can already perceive the RV taking form with Al-Sheikh’s strategy and the motivations behind it… my CBI contact informed me that they would reinitiate a campaign to educate citizens about the process of exchanging their currency for a new set. It is on the horizon…Trump will need the IQD listed on FOREX for his strategy.
According to Iraqi Dinar Intel/Newshound Guru MarkZ :
[via PDK] …the amount of contradicting information is absurd. However, I think this week will be really fascinating.
