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Iraq is set to fuel de-dollarization by banning the buck from being used in cash transactions, report says
market insider ^ | 10/6/23 | George Glover)

Posted on 10/06/2023 1:08:45 PM PDT by RomanSoldier19

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To: RomanSoldier19

Well, just a couple of weeks ago they were delighted to get several Billion US Dollars from The First International Bammy Bank of Mathhha’s Vineyard. Oh, unfortunately no catering could be provided.


21 posted on 10/06/2023 1:48:41 PM PDT by Shady (The Force of Liberty must prevail for the sake of our Children and Grandchildren...)
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To: JonPreston

We need purple fingers here in the US if it is to survive.


22 posted on 10/06/2023 1:51:02 PM PDT by GranTorino (Bloody Lips Save Ships.)
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To: politicket

Yeah, if the dollar was not seen as a preferable alternative then they wouldn’t need to ban it by law.

Which is why the USA doesn’t have any laws like this. If you want to arrange purchases in euros, or pesos, or shekels, we don’t really care, because we know that practice will not catch on to where it’s going to disrupt much of anything.


23 posted on 10/06/2023 1:54:38 PM PDT by Boogieman
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To: nickcarraway

So the palettes of cash delivered will be returned


24 posted on 10/06/2023 2:03:14 PM PDT by ronnie raygun
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To: RomanSoldier19

Does this mean the throngs of US GIs in the 2nd Gulf War who bought Iraqi Dinar on the cheap will finally come good on that investment?


25 posted on 10/06/2023 3:22:26 PM PDT by Paal Gulli
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To: RomanSoldier19

We should have kept mineral rights.


26 posted on 10/06/2023 4:34:40 PM PDT by UnwashedPeasant (The pandemic we suffer from is not COVID. It is Marxist Democrat Leftism.)
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To: Shady

Oh my gosh. It’s true Americans suck at geography. That was Iran!


27 posted on 10/06/2023 5:23:17 PM PDT by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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To: napscoordinator; Shady
Oh my gosh. It’s true Americans suck at geography. That was Iran!

In WW2, Britain invaded both Iraq, and Iran, in 1941. Prime Minister Winston Churchill, concerned that the similar names would lead to confusion, decreed that the British would refer to Iran by its previous name, Persia.

28 posted on 10/06/2023 6:33:53 PM PDT by Pilsner
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