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

by **Ponee** 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

by **Sam I Am** 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.

by **RamblerNash** 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