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7-24-2013 *Mailman17

Unread postPosted: Thu Jul 25, 2013 9:43 am
by Vixen
7-24-2013 *Mailman17 ~DONT GET ME WRONG...A FLOAT IS POSSIBLE, BUT IMO VERY UNLIKELY. SHABBIBI STATED MORE THAN ONCE THAT PAR VALUE IS THE MAIN OBJECTIVE WHEN THE DINAR GAINS NATIONAL TRADEABLITY, AND WE ALSO KNOW THE SMALL NOTES ARE ALMOST NON EXISTANT INSIDE IRAQ. AT A FLOAT, THEY WOULD HAVE TO PUT OUT A CRAPLOAD OF NEW 250, 500 AND 1000 NOTES AND THAT DOES NOTHING FOR PURCHASING POWER LET ALONE THE IMF AND WORLD BANKS INSISTENCE ON GETTING OFF DUAL CURRENCIES. MY GUT STILL SAYS THE NEW NOTES ARE THERE WHETHER THEY ARE THE NEW KURDISH ONES OR THE ONES ALREADY PRINTED BACK IN 2003. ALSO...ANNOUNCING THE NEW NOTES AT A FLOAT ON THE WAY TO 1-1 WILL CERTAINLY DRAW THE ATTENTION ON BIG MONEY INVESTORS (NOT US) AND IRAQ CANNOT AFFORD THAT. IRAQ NEEDS TO COME OUT STRONG AND GIVE THE DINAR THE SAME VALUE AS WHAT THE PEOPLE ARE ALREADY USED TO...THE DOLLAR...JMO