MilitiaMan

MilitiaMan – Dinar Guru   Well by turning off Iran today real close (possibly days ago), they won’t let them use the old IQD nor the New IQD, and or the USD per sanctions that apparently are in place early, and they don’t have the new IQD yet.. Fascinating, if that holds true.  The new currency looks to be the trigger point to seriously put the squeeze on… If the Iranians can’t use the old and don’t have the new, they’ll not benefit from the new Real Effective Exchange Rate for the New IQD. Man, if that holds true, there are going to be some folks feeling a lot of economic pain… Imagine, your seating on 10 million IQD and in Iran? Can’t spend them or exchange them for USD nor New IQD…They are effectively worthless to those imposed by sanctions.. imo!  [post 2 of 2]

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