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OOTW feels A LOP WILL NOT ADDRESS INFLATION
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OOTW feels A LOP WILL NOT ADDRESS INFLATION
OOTW
Article quote: "The country suffers the deficit as Iraq could not support its currency only if it received grants from third parties, and if possible its implementation is important (THE ZEROES PROJECT), reframes the currency indirectly supporting the national currency, and when the currency they restructure will reduce inflation in Iraq." AFTER THIS ARTICLE CAME OUT, I'VE BEEN INUNDATED WITH QUESTIONS ASKING ME IF I BELIEVE THIS IS A 'LOP' ARTICLE - ALL I CAN SAY IS A LOP WILL NOT ADDRESS INFLATION - SHE'S SAYING (IT SEEMS TO ME) THAT THE ONLY WAY THEY CAN SUPPORT THE WORTH OF THE CURRENCY IS TO ASSIGN MORE VALUE TO IT, IF NOT, THEY'LL NEED (ADDITIONAL) LOANS. WHY WOULD THEY NEED ADDITIONAL LOANS WITH ALL OF THE RESERVES, INCL GOLD THEY HOLD, IF THEY WERE NOT GOING TO INCREASE THE WORTH OF THE DINAR, VIA THE PROJECT "DELETE THE ZEROS"?...JIMO
Ponee- Admin
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Re: OOTW feels A LOP WILL NOT ADDRESS INFLATION
If they increase the value of the currency, they will still need more loans, yes value of the dinar would be more, but they would also get fewer dinar per barrel of oil or per unit of tariff so in the end it all balances out. That's economics 101.
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