Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."


Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

 Iraqi Dinar Deletion of Zeros, 2 JUNE DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Iraqi Dinar Deletion of Zeros, 2 JUNE

Go down

 Iraqi Dinar Deletion of Zeros, 2 JUNE Empty Iraqi Dinar Deletion of Zeros, 2 JUNE

Post by Rosy on Sat Jun 02, 2018 6:18 pm

The Central bank of Iraq is taking steps to control inflation and strengthen the currency. For this purpose,  different methods are being applied by the Central Bank of Iraq. These steps are the combination of modern and traditional techniques. To control the inflation and strengthen the currency, deletion of zeroes from currency is one of the most famous techniques that are being applied.
The economists are expecting this change in the Iraqi currency since 2003. Now this issue is on the peak as the Central Bank of Iraq has announced to implement this strategy to control the inflation in the country. The economists all over the world have divided into the two parts of this strategy. Some of the economists are considering that it is against the economy of Iraq and some economists considers it asfavorable for the country. The economists who are against this strategy are of the view that this strategy will ..read more: https://dinaresgurus.blogspot.com/2018/06/iraqi-dinar-deletion-of-zeros-2-june.html
Rosy
Rosy
Elite Member
Elite Member

Posts : 401
Join date : 2011-06-18

Back to top Go down

 Iraqi Dinar Deletion of Zeros, 2 JUNE Empty Re: Iraqi Dinar Deletion of Zeros, 2 JUNE

Post by Ethel Biscuit on Sun Jun 03, 2018 1:12 am

Redenomination ("deletion of zeroes") does nothing to control inflation. All it does is make the currency more convenient to use after inflation has already happened.

*****************
picking  "Scum" - Sue Winters
Ethel Biscuit
Ethel Biscuit
VIP Member
VIP Member

Posts : 1441
Join date : 2016-04-08
Location : This other Eden

Back to top Go down

 Iraqi Dinar Deletion of Zeros, 2 JUNE Empty Re: Iraqi Dinar Deletion of Zeros, 2 JUNE

Post by Jayzze on Sun Jun 03, 2018 11:38 pm

if iraqs economics were good they would not be pounding sand and there people would have food   water  and electric. what they are good at is stealing money from the gov while the people suffer
Jayzze
Jayzze
VIP Member
VIP Member

Posts : 5699
Join date : 2011-06-23

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum