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Kaperoni says -- the CBI is pumping more dinar not less into the market since the money supply is now around 80 trillion dinar.
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Kaperoni says -- the CBI is pumping more dinar not less into the market since the money supply is now around 80 trillion dinar.
Kaperoni
What gurus say on a daily basis is utter nonsense. Pushing, hoping, wanting them two make a change now is only going to result in failure. Resulting in a LOP re-denomination and removal of 3 zeros.
..the auction are a BALANCE between dinar and dollar. That being so, there is no way to reduce the money supply with the auctions. Any attempt to do would cause one or the other currency market rate to change. They are trying to keep it stable, not cause further devaluation...when the exchange rate is stable, be assured it is because they have done a good job supplying one or the other to meet demand...And if we know anything, is that the CBI is pumping more dinar not less into the market since the money supply is now around 80 trillion dinar.
What gurus say on a daily basis is utter nonsense. Pushing, hoping, wanting them two make a change now is only going to result in failure. Resulting in a LOP re-denomination and removal of 3 zeros.
..the auction are a BALANCE between dinar and dollar. That being so, there is no way to reduce the money supply with the auctions. Any attempt to do would cause one or the other currency market rate to change. They are trying to keep it stable, not cause further devaluation...when the exchange rate is stable, be assured it is because they have done a good job supplying one or the other to meet demand...And if we know anything, is that the CBI is pumping more dinar not less into the market since the money supply is now around 80 trillion dinar.
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