Pimpy

Community Comment: “Pimpy is the king of the lop prince of negativity”  Just because I don’t say anything that you agree with doesn’t make it negative.  I just explain to you what […]

When I tell you there’s a difference between “nominal value” I’m just talking about the way the bank notes look.  It’s what the government says that piece of paper is […]

[Iraq] can do whatever the hell they want.  Trying to make claims that they can’t keep moving forward with this low of an exchange rate is a lie.  They’ve been doing […]

Down to 90%?  That’s really good for Iraq.  I remember when 96% of their budget relied on oil and when it got down to 94% I was shocked.  But now they’re […]

There are articles in the news almost every single week about Iraq making the decision to change your exchange rate… Article:   “Pressure on the Central Bank to change the exchange […]

Yes, it’s exciting the fact they’re talking about [the rate change] but just because they’re talking about it doesn’t give you an indication one way or the other…The other news, […]

Article:  “Trump praises Iraqi Prime Minister Al-Sudani”  Here is another example of why it is we need Al-Sudani to get back as prime minister.  He does have a very good relationship […]

Sudani has a slim chance and a long road ahead.  Let’s keep our fingers crossed that he gets the prime minister position again.  It appears Maliki wants to be prime minister.  God […]

Article quote: “Reconstruction and Development Alliance led by Al-Sudani reaffirmed…its nomination for the caretaker prime minister for a second term, describing his previous tenure as successful experience.”  Yes it was.  That’s why […]

Guess who’s back?  Back again?  Big Shady.  I’m talking about Maliki.  Guess what Maliki is doing?  He is attempting to be the prime minister of Iraq for a second time.  I’m not even […]

Iraq indeed is talking about the change of the exchange rate, the re-denomination of a currency, which I have been told they have been given a green light for re-denomination.  […]

You got to understand the powers that be…especially within the Coordinated Framework own banks.  Devaluing their currency allows them to do illegal crap, funneling money to Iran, selling their money […]

Understand there is a difference between an exchange rate and a nominal rate.  Two different things… Wherever you make your exchange at, they’re going to tell you as soon as […]

I own 5 million Iraqi dinar.  You think I want them to take the zeros off and then change the exchange rate?  No.

How are they going to preserve their liquidity?  If you bring in the 25,000 dinar it only has exchange value of 25 dinars.  That’s how they preserve their liquidity.  Can you imagine they […]

If you remember back, I tried to explain to people things we need to look for before the Iraqi dinar could increase in value.  I said they have to maintain […]

Understand when they make the change to the currency it affects the Iraqi dinar all around the world  the same.  There is no different exchange rate for the dinar in country […]

Nobody is going to know what the exchange rate is because once it free floats the market determines the value of the Iraqi dinar.  The central bank of Iraq can tell […]

I want you to understand something.  Once the zeros are removed, it’s not going to be 25,000 x $3.22 or $4.25.  That’s not going to happen.  The zeros are going to […]

Be careful of all the articles out there that talk about the exchange rate.  It’s okay to talk about them, it’s another thing to get overly hype for them.  The […]

When I talk about lopping off the zeros, they’re talking about take it off the nominal rate [the numbers on the notes]… They’re not losing any purchasing power.  25,000 times the […]