Kaperoni "There is no RV or RI or reinstatement...that is not how monetary policy works and that is not the case in Iraq 4/12/18

by roxy22222222 Thu Apr 12, 2018 8:23 pm

In reference to Dr. Shabibi he is not the author of any such currency reform and has since been retired living in Europe. The author of the event is a combination of multiple economists including Dr. Bakri whom I interviewed a few years ago and have a relationship with...I did a very detailed interview with Dr. Bakri who in fact is in the know and was involved in crafting the currency reform... There is no RV or RI or reinstatement...that is not how monetary policy works and that is not the case in Iraq. Iraq could never or would never do such a thing because it's just not possible. There remains over 60 trillion dinar in circulation that must be gradually reduced. The IMF is also clearly documented the process that includes moving to a more liberal exchange regime which would allow the dinar to gradually rise over time. This gradual rise would offset inflationary pressure created as a result of an influx of capital from various investors around the world.