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Explanation of Iraq’s Actions from Dinar Recaps 2-8-23


Explanation of Iraq’s actions by a member: For those of you who might be disappointed that the dinar was only revalued  to 1300 per dollar, don’t be! It was a very intelligent move by the Iraqi cabinet! Many people in Iraq have a lot of US dollars, due to the fact that their currency was worth very little versus the dollar. If you revalued directly to $3.80, you would wipe out the purchasing power of all the Iraqi people who have dollars ,and they wouldn’t have a chance to exchange them for the dinar. By setting the initial evaluation to…

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[DS] Is Cracking Under The Pressure, An Informed Public Threatens Those In Power – Ep. 2992

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