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mike Explains M0 Money Supply

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Post by RamblerNash Sun Jun 19, 2016 11:48 am

mike   



Iraq's M0 money supply is over 50 trillion dinars, RV'ing at 3-1 would create a M0 money supply of over what would be the equivalent of $150 trillion dollars, which is $146 trillion more than US money supply.   As a note, the M0 money supply figures are reported by the CBI itself. This is a controversial topic for sure, it slams the door on the $3 dollar RV theory and challenges the $1 position as well. I mean, how can Iraq afford to do that while they're borrowing $15 billion from the IMF? For sure, Iraq will experience some kind of "correction," but what's that's going to be is anyone's guess. Time will tell. As always, it's just my opinion.

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Post by Sam I Am Sun Jun 19, 2016 11:56 am

Is this Straight Talking Mike from the IQD Team?

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Post by Kevind53 Sun Jun 19, 2016 3:30 pm

No idea, but seems like straight talk ... figures look about what I remember.

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Post by kenlej Sun Jun 19, 2016 9:26 pm

Iraq Money Supply M0[size=14]  2003-2016 | Data | Chart | Calendar | Forecast
[/size]

Money Supply M0 in Iraq increased to 59167 IQD Billion in April from 57400 IQD Billion in March of 2016. Money Supply M0 in Iraq averaged 41416.53 IQD Billion from 2003 until 2016, reaching an all time high of 73259 IQD Billion in December of 2013 and a record low of 6708 IQD Billion in December of 2003. Money Supply M0 in Iraq is reported by the Central Bank of Iraq.


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mike Explains M0 Money Supply Iraq-money-supply-m0
He's asking the proverbial elephant in the room question which no guru has an answer  


http://www.tradingeconomics.com/iraq/indicators
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Post by kenlej Sun Jun 19, 2016 9:39 pm

 Money Supply M0 in Iraq averaged 41416.53 IQD Billion from 2003 until 2016, reaching an all time high of 73259 IQD Billion in December of 2013 and a record low of 6708 IQD Billion in December of 2003.

 WOW I WONDER WHAT THEY DID TO THE 66 TRILLION THAT THEY PRINTED IN THOSE 10 YEARS DUMB DINARIANS 
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