Iraqi Dinar: Scam or a part of "The Plan"?

in news •  2 years ago 

"The Iraqi dinar is the currency of Iraq and can be exchanged for U.S. dollars.
Hopes that Iraq’s economy can recover from civil and regional wars have led to some speculation that the Iraqi dinar can increase in value against the dollar.
However, major banks and brokers do not offer trading of the IQD/USD pair, and transactions are placed through money exchanges, which charge hefty fees.
The value of the Iraqi dinar is set by the Iraqi government."
https://www.investopedia.com/articles/forex/081314/iraqi-dinar-investment-wise-investment.asp

"The dinar scam is a major plank now of the conspiracy theory blob that’s taken over the discourse in America, with the “hopium” dispensed by dinar gurus visible in the drops of QAnon, and Donald Trump fans buying it up by the millions thanks to offhand comments from the former president"
https://www.dailydot.com/debug/russian-ruble-iraqi-dinar-scam-conspiracy-theory/

"Like other investors in the incredibly long-shot dinar scheme, Kotseos hopes that Trump and the Iraqi government will somehow “revalue” or “RV” the currency, boosting its current value of less than $0.001 to $3 or $4.

Dinar promoters have claimed that near-mythical event will occur for nearly a decade. But if it does it would theoretically make a millionaire of anyone with the foresight to put just a few thousand dollars into dinars."
https://www.thedailybeast.com/trump-fans-sink-savings-into-iraqi-dinar-scam

"The Iraqi Dinar appears to have revalued at around $4.81-$4.83 in-country Rate. By Saturday night 19 Nov. all remaining US troops had been withdrawn from Iraq, after which the new Iraqi Dinar rate was released – although MarkZ said that the new Dinar Rate wouldn’t be officially made public until"
https://roserambles.org/2022/11/24/restored-republic-via-a-gcr-as-of-november-24-2022/

"By Wed. 29 March the Iraqi Dinar had revalued in-country and was trading on the back screens internationally as a gold/asset-backed currency.
On Sat. 1 April the new Global Financial System became official, including the gold/asset-backed US Note."
https://dinarchronicles.com/2023/04/17/restored-republic-via-a-gcr-update-as-of-april-17-2023/

"Iraq revalued its currency just over two weeks after replacing the central bank governor as part of an effort to stabilize the foreign exchange market.

The cabinet on Tuesday approved a decision to set the exchange rate at 1,300 dinars per US dollar, according to a tweet on Prime Minister Mohammed Shia Al-Sudani’s office account. No further details were provided"
https://www.bloomberg.com/news/articles/2023-02-07/iraq-revalues-currency-weeks-after-replacing-central-bank-s-head?leadSource=uverify%20wall

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