Why would a dinar investor care how this turns out...seriously?
Why would "dinar investors" care about how monetary reform happens? Why wouldn't they just take whatever return they get and be happy about it no matter what it is you ask? Really?....
They will care because they've been relentlessly inundated with guru hype that led them to believe there would be a return substantial enough to make a measurably significant difference in their lives if they invested in it.
It's unrealistic to expect a clean exit when you adopt a stance like it doesn't matter how the investment turns out while making statements like the following:
"BGG - Article quote: ”The Central Bank of Iraq, on Monday, reduced the value of the dinar against the US dollar. According to a statement of the bank, that “lifting of US dollar selling to banks and exchange companies rate by 16 dinars any by 1.37 percent to 1182 dinars.” [I am trying to understand how devaluing is a good thing? 1182 is going the wrong way?] It gets them closer (or within) the required 2% IMF regulations… no one saw this coming – the way for them to comply was “give away” a few dinars per transaction… HUGE NEWS… That is Market rate / CBI rate spread… no one had any idea how they would ever be able to get this valuation to work right – turns out – EASY. Give away 16 dinars per transaction. AND – stop and think… they HATE their exchange rate going the wrong direction. There has got to be a MASSIVE pot of gold at the end of the rainbow…"
Re: Why would a dinar investor care how this turns out...seriously?
Well, how's that MASSIVE pot of gold of yours from 4 years ago working out BGG? Maybe for you it's working out since you became a currency dealer during that time. For the "currency investors"...not so much. I know that stings but unlike that massive pot of gold it's at least based in fact rather than fiction.