Pimpy

Article:  “A reading in the fiscal and monetary policies of the IMF report – May 2024”   This is not good, mostly because they rely so much on oil revenues and they […]

Article: “Floating the Iraqi dinar.  A solution to fill a ‘gap’ whose volatile price against the dollar”  If the Iraq dinar floats and for whatever reason a lot of people […]

Question:  “Is it true the USA invested $60 billion into IQD?”  No.  That’s a rumor.  That’s been going on for years and years and years.  Nobody and I mean absolutely nobody out […]

We are seeing a renaissance take place over in Iraq. But the same issues that are keeping it from really taking off and giving Iraq the type of boom it […]

I said it a million times.  I’m saying the deletion of the zeros is a possibility.  I want the same thing you do.  I own Iraqi dinar.  I’d rather they […]

I have many people tell me, ‘they’re [JP Morgan] invested in Iraq dinar, so is Donald Trump.’   There’s no proof.  They’re not invested in the Iraqi dinar.  I’ve hear that […]

Article:  “Oil Minister: We hope to announce that Iraq’s oil reserves will rise to more than 160 billion barrels”  Good Lordy that’s a lot of barrels…The increase in the reserves […]

Question: “Why are you investing in the Iraqi dinar?”  Because I think it’s going to change in value and I can benefit from it.

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 […]