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Kaperoni: "The zeros need to be removed first" 8/27/19 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Kaperoni: "The zeros need to be removed first" 8/27/19

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Post by RamblerNash on Tue Aug 27, 2019 10:59 pm

Kaperoni  

Iraq would never introduce coins with a currency that has 3 zeros. The zeros need to be removed firstThere's only two ways to do this, either float the dinar and allow the currency to appreciate. Or redenominate/Lop and remove them all at once which is a neutral event.  I assure you...talkin about some mythical RV/RI will never happen because there's too much currency in circulation.  If the CBI follows the plan that changed back in 2012 which called for a market economy, we could see the dinar float rather than this LOP.  Gradually appreciating in value overtime per the IMF and documented in the 2012 Article IV Consultation.


8/27/19
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