Kaperoni: "The IMF clearly stated in the Article IV Consultation from 2013 with Iraq that..." (It's 2021 Kappy! The IMF Consultations Have Changed Since Then LOL) 11/8/21
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Kaperoni: "The IMF clearly stated in the Article IV Consultation from 2013 with Iraq that..." (It's 2021 Kappy! The IMF Consultations Have Changed Since Then LOL) 11/8/21
by RamblerNash Mon Nov 08, 2021 11:15 pm
Kaperoni
...The IMF clearly stated in the Article IV Consultation from 2013 with Iraq that..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy...Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate,..."
Floating the dinar would give the CBI a mechanism to allow the currency to gradually appreciate to counter inflationary pressure created by investment and growth in the economy. It also would give them a mechanism to remove the dinar gradually from circulation as the dinar appreciates in value. This IMO is the only way I can see them significantly reducing the money supply. The alternative is a re-denomination (LOP).
Though none of us want to see them re-denominate/LOP, it must be known there are various colleges in Iraq hosting seminar / symposiums on the subject. So as dinar investors we should all be aware a re-denomination / LOP is a real possibility. What that means is the IMF is encouraging Iraq to float the dinar. Not RV the dinar.
...The IMF clearly stated in the Article IV Consultation from 2013 with Iraq that..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy...Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate,..."
Floating the dinar would give the CBI a mechanism to allow the currency to gradually appreciate to counter inflationary pressure created by investment and growth in the economy. It also would give them a mechanism to remove the dinar gradually from circulation as the dinar appreciates in value. This IMO is the only way I can see them significantly reducing the money supply. The alternative is a re-denomination (LOP).
Though none of us want to see them re-denominate/LOP, it must be known there are various colleges in Iraq hosting seminar / symposiums on the subject. So as dinar investors we should all be aware a re-denomination / LOP is a real possibility. What that means is the IMF is encouraging Iraq to float the dinar. Not RV the dinar.
RamblerNash- GURU HUNTER
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Join date : 2015-02-19 
Similar topics» Kaperoni: "read the IMF Article IV Consultations...quote from the IMF Article IV consultation of 2013" 4/30/21
» Kaperoni: "As for the dinar exchange rate, I believe it'll gradually appreciate overtime as instructed by the IMF and the 2013 IMF Article IV Consultation" 10/25/19
» IRAQ--2013 ARTICLE IV CONSULTATION -- PDF FILE LINK
» Kaperoni says -- They either have to LOP the dinar reducing trillions to billions or float the dinar as stated in the IMF Article IV with Iraq to gradually reduce the money supply
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» Kaperoni: "As for the dinar exchange rate, I believe it'll gradually appreciate overtime as instructed by the IMF and the 2013 IMF Article IV Consultation" 10/25/19
» IRAQ--2013 ARTICLE IV CONSULTATION -- PDF FILE LINK
» Kaperoni says -- They either have to LOP the dinar reducing trillions to billions or float the dinar as stated in the IMF Article IV with Iraq to gradually reduce the money supply
» Kaperoni says "One thing I'm very certain is Article VIII is coming because that has been well laid out in the IMF Art IV Consultations"
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