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


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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


Mahmoud Dagher explains the economic feasibility of removing zeros from the local currency

rocky
rocky
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 Mahmoud Dagher explains the economic feasibility of removing zeros from the local currency Empty Mahmoud Dagher explains the economic feasibility of removing zeros from the local currency

Post by rocky Thu 12 May 2022, 6:33 am

 Mahmoud Dagher explains the economic feasibility of removing zeros from the local currency

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Economy News-Baghdad
The economic expert, Mahmoud Dagher, explained the economic feasibility of the project to delete zeros from the Iraqi currency, which is frequent in political and economic circles from time to time, especially in times of inflation.
Dagher said to "Economy News", that "removing zeros does not change the level of inflation because it does not change the money supply or securities," adding that "the state will have to spend money to print a currency equivalent to the replaced currency."
On ways to preserve money during inflation in the markets, Dagher advised capital owners to "invest in fixed assets that are not subject to commercial circulation, such as gold, real estate and fixed assets to keep money from eroding during price increases."
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rocky
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Posts : 217268
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 Mahmoud Dagher explains the economic feasibility of removing zeros from the local currency Empty Re: Mahmoud Dagher explains the economic feasibility of removing zeros from the local currency

Post by rocky Thu 12 May 2022, 9:47 am

bump

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    Current date/time is Wed 18 May 2022, 8:59 pm