Iraqis struggle with high inflation as value of dinar falls

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  • เผยแพร่เมื่อ 17 ม.ค. 2023
  • There was a time when oil-rich Iraq had a stable and strong currency. But wars, foreign interventions, and internal corruption have all caused its economy to crumble. And with the Iraqi dinar now taking another turn for the worse, people are struggling to survive. Nizar Sadawi explains.
    #iraq #dinar #inflation
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ความคิดเห็น • 74

  • @Sammy-wu8gm
    @Sammy-wu8gm ปีที่แล้ว +14

    - Was a major oil exporter
    - Had flourishing agricultural
    - Provided university scholarships
    All past tense 😞😞😞

    • @donbabilio8298
      @donbabilio8298 ปีที่แล้ว +4

      They need to stop fighting among themselves and build their country

    • @abdullahmacapoli1879
      @abdullahmacapoli1879 ปีที่แล้ว +3

      They had the biggest Library in the world.

    • @chadmapping3401
      @chadmapping3401 ปีที่แล้ว

      @@donbabilio8298 bro why did the usa destroy it in the first place

    • @blitchizen1453
      @blitchizen1453 ปีที่แล้ว

      @@donbabilio8298 america is to blame

    • @donbabilio8298
      @donbabilio8298 ปีที่แล้ว

      @@blitchizen1453 well we will see when war in Ukraine ends if Ukrainians will fight among themselves to destroy what's left of the country or not .

  • @sherirobinson6867
    @sherirobinson6867 ปีที่แล้ว +7

    I'm in Texas USA and I paid $5 for 12 eggs today. Our meat prices are through the roof also.

    • @surojeetchatterjee
      @surojeetchatterjee ปีที่แล้ว +1

      With 1 $ we get 12 eggs in Indian metro cities.

    • @crashhunters4538
      @crashhunters4538 ปีที่แล้ว

      Well , but your income is higher in comparison with average Iraqi citizen.

    • @blitchizen1453
      @blitchizen1453 ปีที่แล้ว +1

      @@crashhunters4538 But cost of living is also more

  • @farahmo4519
    @farahmo4519 ปีที่แล้ว +8

    Local traders need to de dollarise. The more dollarised countries are, the more stronger the USD gets

  • @johnnyblaze522
    @johnnyblaze522 ปีที่แล้ว +5

    Iraq needs to raise their currency $1 to 1 dinar

    • @alibasyah
      @alibasyah ปีที่แล้ว

      Aamiin 🤲

  • @TATX
    @TATX ปีที่แล้ว +3

    Go to gold and silver. Paper money has no intrinsic value and it's how wealth is controlled. With gold and silver you control your own wealth.

  • @turanamo
    @turanamo ปีที่แล้ว +16

    Courtesy of the Americans. Private American oil companies still control Iraqi oil fields even though Iraq is one of the largest oil producers in the world. Where America goes misery follows.

    • @user-wr9dt8iw5f
      @user-wr9dt8iw5f ปีที่แล้ว

      Nah its because our government smugglers USD to Iran

    • @dddz961
      @dddz961 ปีที่แล้ว +2

      cry

    • @phatbackbeat6553
      @phatbackbeat6553 ปีที่แล้ว +4

      This coming from a Russian ! That is very funny comrade. What country will you be invading after Ukraine ? Perhaps Poland again ?

    • @turanamo
      @turanamo ปีที่แล้ว

      @@phatbackbeat6553 yeah right, just cause I have a Russian flag in my name makes me Russian! By that logic, everyone with a Ukrainian flag is Ukrainian 🤡You Naze sympathizers are known for thumb twiddling while UkroNazes continue their ethnic cleansing of Russians in the Donbas, of which 14000 women and children have been killed as per UNHRC reports. Keep shining them Naze boots 🤡

    • @everythingerina9379
      @everythingerina9379 ปีที่แล้ว

      @@phatbackbeat6553 Well there is more irony if an American were to comment on the topic of invading.

  • @Sammy-wu8gm
    @Sammy-wu8gm ปีที่แล้ว +6

    The hungry can’t eat “democracy”

  • @phatbackbeat6553
    @phatbackbeat6553 ปีที่แล้ว +3

    In America I pay $5.29 for a dozen eggs.

    • @crashhunters4538
      @crashhunters4538 ปีที่แล้ว +1

      Your income is higher in comparison with average Iraqi income . Therefore 5$ wouldn’t be a problem for you .

    • @phatbackbeat6553
      @phatbackbeat6553 ปีที่แล้ว

      @@crashhunters4538 it’s among everything else that is very expensive now.

  • @Traveler012
    @Traveler012 ปีที่แล้ว +2

    Its colored paper but sheep are so brainwashed thinking its gold, silver or btc

  • @golfhk
    @golfhk ปีที่แล้ว +14

    But they have democracy now. Congratulations

    • @abdullahmacapoli1879
      @abdullahmacapoli1879 ปีที่แล้ว

      Yeah. They are now under US. US blocking 80% of their reserve?

    • @golfhk
      @golfhk ปีที่แล้ว +1

      @@abdullahmacapoli1879 happy for iraqis

    • @Sammy-wu8gm
      @Sammy-wu8gm ปีที่แล้ว +8

      The hungry can’t eat “democracy”

    • @Sammy-wu8gm
      @Sammy-wu8gm ปีที่แล้ว +3

      @@golfhk
      I assume that you’re being sarcastic

    • @golfhk
      @golfhk ปีที่แล้ว +1

      @@Sammy-wu8gm when a demon comes in a body, they wont leave. But first the person must let it in by himself.

  • @Option_Onslaught_Football
    @Option_Onslaught_Football ปีที่แล้ว

    They should unpeg from the dollar. Start building a ladder instead of trying to dig their way out of the situation the US put them in.

  • @raizanlegacy8645
    @raizanlegacy8645 ปีที่แล้ว +1

    This was an amazing achievement of toppling Saddam Hussein from POWER..
    🤣🤣🤣

  • @shelbyorphanage9199
    @shelbyorphanage9199 ปีที่แล้ว +1

    No child marriages

  • @wildtxboy6083
    @wildtxboy6083 ปีที่แล้ว +2

    I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k in this red period. What measures can I take to achieve this?

    • @karynplumm878
      @karynplumm878 ปีที่แล้ว

      I've been able to scale from $350K to $650K this red season because my FA figured out Defensive strategies to protect my portfolio and profit from this roller coaster market.

    • @wildtxboy6083
      @wildtxboy6083 ปีที่แล้ว

      @@karynplumm878 impressive can you share more info?

    • @karynplumm878
      @karynplumm878 ปีที่แล้ว

      @@wildtxboy6083 Having a coach is key in a volatile market, My advisor is Laura Adams Goodman, you can easily look her up, she has years of financial-market experience.

    • @wildtxboy6083
      @wildtxboy6083 ปีที่แล้ว

      @@karynplumm878 Thanks, I saw and went through Laura Adams Goodman, website and It was very satisfactory, seems like the kinda pro I need her to aid me through this unstable times.

  • @rdmjr2023
    @rdmjr2023 ปีที่แล้ว

    God help Iraq.Amen.

  • @aavanassan
    @aavanassan ปีที่แล้ว

    This channels report is like Indian channels 😂

  • @mannanmir6958
    @mannanmir6958 ปีที่แล้ว

    Must adopt USD
    LIKE ECUADOR DID

  • @Tullzter
    @Tullzter ปีที่แล้ว +4

    Lol TRT, Iraq's inflation is at around 6%, Turkish inflation is around 75%...and you say Iraq is struggling...

    • @ahobby
      @ahobby ปีที่แล้ว +1

      You're literally a FULL TIME TROLL.

    • @Tullzter
      @Tullzter ปีที่แล้ว

      @@ahobby hush now my indian poo eater

  • @saddamhussein4480
    @saddamhussein4480 ปีที่แล้ว +1

    Iraq Needs Baath Party and Saddam Family Back to Power.

    • @Ali-xx8ej
      @Ali-xx8ej ปีที่แล้ว +3

      No

    • @dddz961
      @dddz961 ปีที่แล้ว +3

      Saddam is dead

    • @fogshadow9112
      @fogshadow9112 ปีที่แล้ว +1

      That will never happen. Baath caused the destruction of Iraq. They are the ones who started attacking its neighbors. Iraq wants peace with all its neighbors. Arab nationalism will die with them. Iraq Syria Arabia Palestine Egypt Iran should unite.