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Kaperoni: "And only with the success of that will be the success of the dinar" 2/29/20
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Kaperoni: "And only with the success of that will be the success of the dinar" 2/29/20
Kaperoni
I'll say it again the only way the dinar is going to go up in value is when Iraq creates the conditions for investment to come into the country and rebuild through the private sector. And only with the success of that will be the success of the dinar. Monetarypolicy is a set of tools that control the exchange rate based on factors within the economy such as inflation. And as investment comes in the country inflation will also come forcing the CBI to use it's monetary tools. So the bottom line is if we're ever going to see the dinar go up in value we're going to have to see the success of a private sector market economy in Iraq. ...they need to pass laws, get the Prime Minister and his cabinet in place, and create stability so investors want to come.
2/29/20
I'll say it again the only way the dinar is going to go up in value is when Iraq creates the conditions for investment to come into the country and rebuild through the private sector. And only with the success of that will be the success of the dinar. Monetarypolicy is a set of tools that control the exchange rate based on factors within the economy such as inflation. And as investment comes in the country inflation will also come forcing the CBI to use it's monetary tools. So the bottom line is if we're ever going to see the dinar go up in value we're going to have to see the success of a private sector market economy in Iraq. ...they need to pass laws, get the Prime Minister and his cabinet in place, and create stability so investors want to come.
2/29/20
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