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Kaperoni: "You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP" 7/5/20 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Kaperoni: "You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP" 7/5/20

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Kaperoni: "You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP" 7/5/20 Empty Kaperoni: "You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP" 7/5/20

Post by RamblerNash on Sun Jul 05, 2020 10:28 pm

Kaperoni  

...it is very concerning that the government and new prime minister are trying to pass a new Financial Reform Law that involves the dinar. The government has no business getting involved in CBI monetary policy. You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP. We recently saw that occur with Iran. We do not want to see this happen with Iraq. Traditional monetary policy is the sole responsibility of the CBI. Getting off the peg, moving to a float, or simply raising the value is the responsibility of the CBI and Parliament should have no involvement.


7/5/20
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Kaperoni: "You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP" 7/5/20 Empty Re: Kaperoni: "You really only see governments get involved in monetary policy if it involves changing the physical value of the currency such as a LOP" 7/5/20

Post by Sam I Am on Mon Jul 06, 2020 7:38 am

Not a fan of Kap, but he's one of the few that acknowledges the possibility of a lop.  Most of them lie about the meaning of "removing the zeros".  It has always meant redenomination, as in "your dinar will be worthless".

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