sandyf

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[IQD float now, devalue, then ride the tide back up…just a thought.] More than a thought, what the IMF would be looking for, some sort of 10 year plan. Ignore Kap’s claim that, “most currencies around the world already float so they are priced by supply and demand”. Less than 50% of the world’s currencies are on any kind of float, and most of those are on a “managed” float, certainly not “managed” by supply and demand.