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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 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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 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 Empty 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

Post by Ponee on Mon Aug 31, 2020 7:55 pm

Kaperoni   


There are still some who believe a significant overnight RV is possible. I have two articles that contradict the possibility of that ever happening...Iraq's net worth is only $16 trillion dollars...And the other clearly states 47 trillion dinarin circulation.  ...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. Btw, going from peg to a float is what most countries do, especially ones that are emerging with significant growth in their economies.


08.31.2020

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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 Empty They could just leave the IQD pegged about where it is indefinitely.

Post by Sam I Am on Mon Aug 31, 2020 9:12 pm

Going from a peg to a free float is not something that most countries with an oil based economy like Iraq do.  It's something countries do once they've developed a diverse Western model economy, like Japan or S. Korea.  That will take decades for Iraq, if it ever comes about at all.  
And for the record, there is a third option for the CBI.  They could just leave the IQD pegged about where it is indefinitely.

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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 Empty Kaperoni, as usual, isn't using updated information.

Post by RamblerNash on Tue Sep 01, 2020 4:38 pm

Kaperoni, as usual, isn't using updated information.

The currency in circulation, as of June, is ~54 trillion.

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 Scree629
https://cbi.iq/news/view/94
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