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Kaperoni: "...an RV or RI is utter nonsense..."
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Kaperoni: "...an RV or RI is utter nonsense..."
by RamblerNash Wed Aug 22, 2018 9:46 pm
Kaperoni
[What if the new gov doesn't care for the float?] The government does not have anything to do with monetary policy monetary policy is a function of the CBI. And floating the currency is what countries do. Most of the world's currencies already float. Floating the currency not only gives the CBI a mechanism to raise the exchange rate gradually based on supply and demand but gives them a tool to counter inflationary pressure created by large influxes of capital which we expect to come in as the country rebuilds. Any other solution...such as an RV or RI is utter nonsense and not practical or reasonable...Countries do not do these things.
8/22/18
[What if the new gov doesn't care for the float?] The government does not have anything to do with monetary policy monetary policy is a function of the CBI. And floating the currency is what countries do. Most of the world's currencies already float. Floating the currency not only gives the CBI a mechanism to raise the exchange rate gradually based on supply and demand but gives them a tool to counter inflationary pressure created by large influxes of capital which we expect to come in as the country rebuilds. Any other solution...such as an RV or RI is utter nonsense and not practical or reasonable...Countries do not do these things.
8/22/18
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Re: Kaperoni: "...an RV or RI is utter nonsense..."
by Kevind53 Wed Aug 22, 2018 11:03 pm
Actually there are 33 countries, all with stable, well developed currencies that have true floating currencies. Another 37 or so have some sort of targeted or managed float. The remaining 110 or so currencies use some sort fixed or crawling peg. Which is to say your info is as nonsensical as talk of an RV or RI.
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Re: Kaperoni: "...an RV or RI is utter nonsense..."
by Allenj Mon Aug 27, 2018 7:51 am
what a dumass he can't tell the CBI what to do in fact the CBI Isn't going to tell anyone anything till they decide what they are going to do
can you imagine what would happen if the CBI told everyone they was going to do a head of time i will give a example let say the CBI made ( they willn't) announcement that they was going to bring the rate let say 3.55/1 starting tomorrow how many of these dumass would go out and buy Dinar today can you imagine what would happen to the Iraq economics system, it would total destroyed what is left of it and Iraq would never survive
and he think he knows it all about the dinar and GOI/CBI
can you imagine what would happen if the CBI told everyone they was going to do a head of time i will give a example let say the CBI made ( they willn't) announcement that they was going to bring the rate let say 3.55/1 starting tomorrow how many of these dumass would go out and buy Dinar today can you imagine what would happen to the Iraq economics system, it would total destroyed what is left of it and Iraq would never survive
and he think he knows it all about the dinar and GOI/CBI
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