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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Warnings of local currency printing

    Rocky
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    • Post n°1

    Warnings of local currency printing Empty Warnings of local currency printing

    Post by Rocky Wed 22 Apr 2020, 2:29 am

    [size=35][size=35]Warnings of local currency printing[/size]
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    Economie

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    2020-04-22 | 03:03
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    [size=18]Member of the Iraqi Economic Council, Ghadeer Al-Attar, warned of the danger of the government's support for some of the proposals to print local currencies outside the cover of the Iraqi Central Bank, while he presented a proposal to get out of the current economic crisis.


    Al-Attar said in a statement that Alsumaria News received a copy of it that "printing the currency without a cover is a disaster and it contains great areas of corruption in addition to losing the national currency to its value in exchange for gold."
     
    Al-Attar pointed out that "the issue is a dangerous adventure and the damage will be reflected in the middle class more than others," noting that " [You must be registered and logged in to see this link.] is able to cross this crisis and it is temporary, no matter how long it takes."






     
    Al-Attar suggested that "the borrowings from the reserves of [url=https://www.alsumaria.tv/Entity/314357766/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]the Central Bank of Iraq[/url] be borrowed [url=https://www.alsumaria.tv/Entity/314357766/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/],[/url] provided that the payment be made as soon as the crude oil recovers in the global markets and the Corona virus crisis ends."


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    Rocky
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    • Post n°2

    Warnings of local currency printing Empty The Iraqi Economic Council warns of a "dangerous adventure" in currency printing

    Post by Rocky Wed 22 Apr 2020, 3:48 am

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    The Iraqi Economic Council warns of a "dangerous adventure" in currency printing




    04/22/2020 03:09:08

    Shafaq News / Member of the Iraqi Economic Council, Ghadeer Al-Attar, warned on Wednesday of the "seriousness of the government's support for some of the proposals to print local currencies outside the cover of the Central Bank of Iraq," proposing a solution other than cash printing.
    Al-Attar said in a statement today that "printing the currency without a cover is a catastrophe and there are great areas for corruption in addition to losing the national currency to its value in exchange for gold."
    Al-Attar pointed out that "the issue is a dangerous adventure and the damage will be reflected in the middle class more than others", indicating that, Iraq is able to cross this crisis and it is temporary, no matter how long it takes.
    Al-Attar suggested that "the borrowing amounts from the Central Bank of Iraq be borrowed, provided that the payment be made as soon as the crude oil recovers in the global markets and the Corona virus crisis ends."


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