Wednesday, June 1, 2011
Iraq: the deletion of zeros from the Iraqi currency would overcome all the difficulties
Iraq: the deletion of zeros from the Iraqi currency would overcome all the difficulties of economic
.( translation lifting in arab is lifting the notes I have my tranlators on Dinar cant gain value with three zeros off of it and still in circulation, way to much currency on the market so if your reading this right and following policy, fantastic news)
Palm - saw an MP for the Iraqi List, reproach the league that the process of deletion of zeros from the Iraqi currency to work through all the economic difficulties, especially after the case of hyper-inflation experienced by the country.
. The league said in a press statement today: The announcement of the Iraqi Central Bank Governor for putting the final touches to the process of lifting the zeros from the currency is one of the things in support of the Iraqi economy and reduce inflation, currently exist.
(again no inflation policy will work using 27 tillion printed notes they need the notes off the market to reduce inflation and make currency effeciant for the rates Iraq has been building up to, and move into getting the dinar to $3.20 + )
. The governor of the Central Bank came to the House of Representatives earlier and discussed with the deputies, the subject of the Iraqi economy and the deletion of zeros from the dinar.
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