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sandyf  says   ...When Iraq talks about raising the value, they are talking about the monetary unit.  I_icon_minitimeYesterday at 6:02 am by Ditartyn

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sandyf says ...When Iraq talks about raising the value, they are talking about the monetary unit.

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sandyf  says   ...When Iraq talks about raising the value, they are talking about the monetary unit.  Empty sandyf says ...When Iraq talks about raising the value, they are talking about the monetary unit.

Post by Ponee Tue Oct 15, 2019 8:51 pm

sandyf  


 ...When Iraq talks about raising the value, they are talking about the monetary unit. All there articles are referring to the 3 zeros, a redenomination, and in any redenomination the monetary unit rises from one value to another.  Floating the currency, although a possibility, is a tremendous gamble for an emerging economy. History has shown there is as much chance of it going down as up, Egypt being a classic example.


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