@AlphaG117@matchalatte2023 No argument on those rates. All were arrived at in a straight-forward and sensible manner. None were done suddenly, overnight, making idle speculating millionaires and billionaires in the process from a cheaper rate. Claims of sanctioned Kuwaiti RV millions are false.
@argosaki If anything, they will use it to take in the 25000 notes, then hand you a new re-issued note without the three zeros. Then, if they do go to 1$, you break even. At 3$ you triple your investment, but far from millions of $. Welcome to the real world.
@AlphaG117@matchalatte2023 Oh I believe they will. But only after they recall all current post-war float and exchange it for a re-issued note without three zeros. Iraq will never pay off massive billions to speculators. They are not obligated to do so and the IMF will not permit such folly.
@AlphaG117@matchalatte2023 Precisely why you will not get rich on dinars. They don't have such capital to pay out such fantasy rates. Keep in mind that the US, Japan and the Eurozone have never "RV'd" and made people rich. Quite the opposite. How can you expect Iraq to do the same? Why? Nobody's owed.
@SalomonSpmjr001@matchalatte2023 Not a lot. It's all lodged with a group. I hold none in my hands. I was fortunate enough to be invited. I was informed that a public exchange was not going to happen. Simple as.
@PT1091943@matchalatte2023 This concept of contract rates is baloney spread by TNT Tony Renfrow, the ex-con. But if that's what you believe, then believe it.
@susi_glove53209@matchalatte2023 The same principle applies. You do not simply state a rate. Currency rates have to be 1. Defended with proper reserves. 2. Redeemed on demand. 3. Maintain convertibility. None of these nations have such reserves to pay out fantasy rates to make you rich. They are not casinos.
@AlphaG117@matchalatte2023 Explain how a country with IMF debts and only $100B in reserves will be able to support demanding $3 per IDQ? A jump to $3.00 per IQD would be a 393,000% revaluation — something no modern economy has ever done. You don't just declare a rate. It has to be redeemable. Clueless.
@matchalatte2023 Reality check: The former IQD under Saddam was indeed pegged at $3 per IQD. But it was restricted to Iraq only and was not internationally traded or recognized outside of Iraq. There is no reinstatement to reinstate. They will most likely re-issue. That means no IQD millions.
@Slashn@YouTube@originalmarkz@DinarRecaps@RealThomSieloff@Prolotario1 Guru desperados reading Iraqi news to attract ad revenue. Iraq is still dependent on IMF loans. The IMF would never permit Iraq to disgorge hundreds of billions to pay off war speculation on their backs. Any IQD infrastructure adjustment will not make you rich.
@ugkfOm6yaAKiR5N Unless you see certified copies of bank statements and documents to verify such payments, verbal claims like this are worth air. Just fodder for RV marketers to develop marketing traffic for potions and tarot card sessions.
@OriginalMarkZRv Despite the ease one can record a conversation these days, no recording of this supposed conversation is given. Not one RV "bank story" has ever been recorded or verified.