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Economist: the issuance of a new class of the coin is not to improve the situation directly

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Economist: the issuance of a new class of the coin is not to improve the situation directly

Post by Proven on Sun 31 May 2015, 2:32 pm


Economist: the issuance of a new class of the coin is not to improve the situation directly


By Roudao 11 hours ago

Roudao - Erbil

Saw economist, Jamil Antoine, that the new currency issue or deletion of zeros from the Iraqi currency, the restructuring process and not to improve the situation directly.

The Central Bank of Iraq, decided after the federal government is required to wait in the implementation of the project to delete the zeros and get rid of the money supply flabby Iraqi currency through printed Banknotes category 50 000 dinars, also advised specialists in the matter of economic government to implement the project to delete the zeros, instead of issuing large categories of currency because it will lead to increased inflation.

Antoine said that the idea of ​​issuing a new currency of a particular class, is for the purpose of minimizing market trading, and the use of large pieces and small pieces instead, noting that the issuance of the currency of a large categories of banks and reduces its trustees problems in counting the money.

He added that the proposed percent of thousand Iraqi dinars, the currency can not replace the dollar percent, because it can not be resolved currency other currency instead of its twin and there was no one can replace the other, but instead can be solved a lot of problems with the market.


http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://rudaw.net/arabic/business/31052015&usg=ALkJrhhe2bQWxyc9ZcThORfHfA5rP4oeug

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Re: Economist: the issuance of a new class of the coin is not to improve the situation directly

Post by Neno on Sun 31 May 2015, 3:24 pm

Take 50 1000's in and the central hold one 50,000 for those and then destroy them. Release the small notes upon and RV and you have a  monetary material as the dollar. Just my take on the information given for my own speculation... Magic 8 Ball

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Re: Economist: the issuance of a new class of the coin is not to improve the situation directly

Post by fonz1951 on Sun 31 May 2015, 8:23 pm

like your speculation, i do  bounce

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Re: Economist: the issuance of a new class of the coin is not to improve the situation directly

Post by duck2000 on Sun 31 May 2015, 9:17 pm

@Neno wrote:Take 50 1000's in and the central hold one 50,000 for those and then destroy them. Release the small notes upon and RV and you have a  monetary material as the dollar. Just my take on the information given for my own speculation... Magic 8 Ball
dipping your toe in too many years with ali has dulled your mind NO country can do such a foolish and reck hardy thing as you think! LOL such theories would i expect from ranger!

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Re: Economist: the issuance of a new class of the coin is not to improve the situation directly

Post by Neno on Mon 01 Jun 2015, 3:52 am

Lol easy quack, anything is possible until problem different. With this media interpretations has zoo world colors. Just the way I'm interpreting it. Imho, they follow the western culture, didn't we have the 1000.00 and don't we trade 100,000.00 and gold to countries or didn't we? The be news says 50000 and 100000 notes, it doesn't say fills even tho it might mean that, I just don't know but, the Ali thing, lol

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Re: Economist: the issuance of a new class of the coin is not to improve the situation directly

Post by Igorot on Mon 01 Jun 2015, 5:47 am

@duck2000 wrote:
@Neno wrote:Take 50 1000's in and the central hold one 50,000 for those and then destroy them. Release the small notes upon and RV and you have a  monetary material as the dollar. Just my take on the information given for my own speculation... Magic 8 Ball
dipping your toe in too many years with ali has dulled your mind NO country can do such a foolish and reck hardy thing as you think! LOL such theories would i expect from ranger!


Whoooooaaaaaaaaa..... Neno = Ranger ...... Nooooooo lol!

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Re: Economist: the issuance of a new class of the coin is not to improve the situation directly

Post by duck2000 on Mon 01 Jun 2015, 5:23 pm

@Neno wrote:Lol easy quack, anything is possible until problem different. With this media interpretations has zoo world colors. Just the way I'm interpreting it. Imho, they follow the western culture, didn't we have the 1000.00 and don't we trade 100,000.00 and gold to countries or didn't we? The be news says 50000 and 100000 notes, it doesn't say fills even tho it might mean that, I just don't know but, the Ali thing, lol
no anything ISNT possiable... this is PROVEN facts dat it can only go one way or the other i have given tons of FACTS on the LOP or A REVALUE you cannot have your cake and eat it too on dis one no!

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Re: Economist: the issuance of a new class of the coin is not to improve the situation directly

Post by Neno on Mon 01 Jun 2015, 5:27 pm

lol, tried to call you today, you and I am sure many just do not understand my lingo on this and, it isn't my lingo alone, they say it over and over for market trade. I am still set in my lingo thought hoping again your is the way it happens but in mine, the results are still the same...

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Re: Economist: the issuance of a new class of the coin is not to improve the situation directly

Post by Neno on Mon 01 Jun 2015, 6:15 pm

@Neno wrote:lol, tried to call you today, you and I am sure many just do not understand my lingo on this and, it isn't my lingo alone, they say it over and over for market trade. I am still set in my lingo thought hoping again your is the way it happens but in mine, the results are still the same...
OK, now that we have talked, you have set me straight again. Meaning, above as I say, "They Say", I got to watch who they are and remember or learn why they say what they are saying, ok got that. Still yet, my lack of knowledge on the USA not holding a hard asset to only 1's and 0's as a electronic tally, my results was still the same, a RV! Just now, I have swallow my 50,000 and 100,000 reasoning cause it comes from no one important enough to matter, it's only an opinion, or agenda. I think I'm good with this now but still, I never ever one time thought Zambia, only Kuwait...

Lesson learned...again, if it ain't from the Central Governor or Abadi, it AIN'T SHIITTEE!!!!! lol!

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Re: Economist: the issuance of a new class of the coin is not to improve the situation directly

Post by Screwball on Mon 01 Jun 2015, 6:20 pm

I think to print larger notes would be foolish and would be inflationary! Dem facts we know they want to return to former value! We know they want to remove zeros! We know the want to be same as Kuwait 1000 fils! We know that unless they remove zeros off rate and adjust they only going to launch or build shite! We know the green light has been given to remove zeros(did that come from a abadi or Cbi) a can't recall! And we know plan is motion! Time frame we don't know! But soon! Real soon!

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Re: Economist: the issuance of a new class of the coin is not to improve the situation directly

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