Kaperoni believes What is going to happen is-appreciation of the dinar based on investment.

Kaperoni  

 I believe some in Iraq think that the issuance of the larger notes will raise prices in Iraq and bring back inflation.

And as a result allow the CBI to remove the 250, 500 (like they did the 50).  What would be left would only be 1000, 5000, 10000, 25000 and 50000.  As a result they could delete 3 zeros via LOP at 1 to $1. 

This theory is not what is going to happen.  What is going to happen is exactly what the IMF stated. Which is appreciation of the dinar based on investment.

  So what we are seeing now is efforts to pass laws, banking compliance, etc. to create the environment for international investment.

As a result, Investors and investment will come into Iraq, deposit funds through the Capital Account of the CBI and participate in Iraq's rebuilding, infrastructure and market economy.

This will in fact create inflationary pressure, the result of that will NOT devalue the dinar, but will allow the CBI to raise the value of the dinar.

And as stated directly in the IMF Article IV Consultation, it's called the Balassa-Samuelson effect.


The IMF will get the CBI to join the worlds money game sometime in 2016 and after that, supply and demand takes over... 

It's hard to stay optimistic...But this will not fail. Hundreds of countries have signed agreements over the years to invest, and even more companies are committed to set up businesses.

If you need an example just look to how busy the Kurdistan region was from 2005-2012 before the downturn and ISIS war. We must be patient and wait for it to happen. Let it come to us.

Yeah, sure, let it come to us, just like a 'rabid' coon-We'll lose, either way, we're going to get bit-