Pimpy

Let’s hope it [ascension to full WTO member] happens quickly but it’s not going to be done by [the end of] 2024.

There are a ton of reforms especially in the banking sector.  They’re getting there but they’re not 100% there yet as far as confidence in the currency.  Nobody has confidence […]

You guys got to be careful.  When everybody’s like, ‘Oh, yeah we want the deletion of the zeros’.   Oh no you don’t.  No you don’t…You’re all cheering it on.  I […]

What’s going to happen to the Iraqi dinar?  Once it reaches an acceptable rate by foreign currency holders such as us, then you’re going to flood the market with Iraqi dinars […]

If the dinar were to go free floating that means the rate it will adopt is going to be the one that we see on the parallel market…

My personal feeling is they are going to take the zeros off.  Do I want Iraq to take the zeros off?  No.  I would hope they would leave it on and […]

You know what is scary?  This is the honest to God truth, I could be literally shit-faced drunk, can’t even have the ability to pronounce my name fully and still […]

 Question:  “Will the Vietnam Dong ever RV?”  They have been clearing up a lot of their corruption over there and they are on a huge sweep.  It’s IMO that they reason […]

Question:  “What do you think would be the ideal exchange rate for the dinar?”  You need something that’s right in the middle…1 to 1 exchange rate would be right in that […]

Community comment “Parliament doesn’t have to vote on a budget…” They do whenever you make  amendments or changes…If you’re going to change something in there you have to vote on the […]

Question:  “If thy delete the zeros will our dinars drop in value?”  If you’re in Iraq you don’t lose any value…People who are invested in the Iraq dinar…EXAMPLE:  Let’s pretend like the […]

[Response to Breitling post below.]  To strictly say the sole reason they added the three zeros to the Iraqi dinar is policy based inflation is not accurate.  Yes, it was the […]

 People still continue to claim a re-denomination or the deletion of the zeros is somehow different than a LOP.  It’s not.  It’s the same thing…

We all want the same thing.  I’m telling you we do.  Would I love for the rate to change to  $3.22 per dinar?  Would I love for them to keep […]

What Iraq is preparing to do is delete the zeros off the currency.  That’s not what we wanted but that’s what going to happen…Everything has to do with what’s good […]

I told you guys it’s called a re- denomination, a lop, the removal of the zeros, the deletion of the zeros, reducing the zeros, it’s all the same thing.  Quote:  […]

People are still asking about the deletion of the zeros.  They want to know how that’s going to change the exchange rate…April 28, 2011 Article “Iraq plans to change currency:  […]

Community comment: “I believe there’s an article by Dr. Shabibi stating when the new currency does come out both currencies will coexist for up to 10 years…”  Yes it was said […]

Al Sudani when him and his delegation was here to say they were busy would be an understatement.  Did you see all the meetings?  Meeting with the president, Secretary of State, […]

  Question:  “What are the proper notes to hold for investment purposes?”  Any of the currency is okay to hold at the moment so there’s no specific denomination.  If they do delete […]

Article:  “Parliament’s finance advises raising exchange rates again.  Money about oil revenues?”  They are talking about changing the exchange rate to 1500 for every dollar.  That’s the wrong direction.  We don’t […]

Question: “So you’re telling me we should sell our dinar because it’s about to lose us a lot of money?”  I’m saying we don’t know what’s going to happen.  There’s a […]

Article quote:  “Removing zeros off the Iraqi Dinar can indeed impact liquidity issues in Iraq.  By re-denominating the currency and removing zeros, the Central Bank of Iraq aims to reduce […]

What is the deletion of zeros of currency?  An action aimed at increasing the nominal value of money.  Nominal value, NOT the exchange rate. Re-denomination, that’s what this is.  What is lopping […]

Really  great news came through today… Article “After 21 years of dollar actuation Iraq is approaching the window closed amid reassurances and warnings”  Iran was using Iraq’s currency auction to […]

Community Comment “When Donald Trump was president he had an interview on national television  with Laura Ingram and he said to the nation just how much dinar currency the United […]

  There’s more than just paying attention to what’s going on in Iraq.  When your own country is trying to provoke World War III it makes it a little hard to focus […]

[In a LOP]  The only thing that changes is the bank notes themselves…You’re not changing the value of the currency.  A 25,000 dinar is going to have value as a […]

Iraq is right on track to do some great things.  They’re going to continue to do that.  Let’s get this coalition forces out of there plus the United States military, which […]