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Kaperoni: "Only with the growth of the economy can the dinar go up in value" 6/6/21 I_icon_minitimeSat Apr 13, 2024 11:51 am by Mission1st

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Kaperoni: "Only with the growth of the economy can the dinar go up in value" 6/6/21

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Post by RamblerNash Sun Jun 06, 2021 9:29 pm

Kaperoni  

I have stated it numerous times Iraq will never significantly overnight RV their currency that is not how monetary policy works. Only with the growth of the economy can the dinar go up in value. Iraq has lots of work to do. They need to pass laws encourage foreign investment and create a thriving private sector. Only then will the Central Bank float the dinar and allow it to gradually increase overtime. There is no overnight lottery ticket.

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