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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


    The dollar, the dinar, and the electronic solution - Salah El-Din Al-Janabi

    Rocky
    Rocky
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    Posts : 278462
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    • Post n°1

    The dollar, the dinar, and the electronic solution - Salah El-Din Al-Janabi Empty The dollar, the dinar, and the electronic solution - Salah El-Din Al-Janabi

    Post by Rocky Wed 25 Jan 2023, 7:39 am


    [size=32][rtl]The dollar, the dinar, and the electronic solution - Salah El-Din Al-Janabi[/rtl]

    January 23, 2023
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    The dollar, the dinar, and the electronic solution - Salah El-Din Al-Janabi


    Most of the disturbances in fiscal and monetary policy result from the inability of the concerned institutions to control the cash flows and their volumes and to determine the final beneficiary and the cash transmission chain. This caused the fluctuation of the value of the dinar, the growth of speculation, manipulation, money laundering, dollar smuggling, and the counterfeiting of the dinar, which led to distrust of the Iraqi dinar, the growth of rumors and corruption, and the empowerment of whales, speculators, and thieves to direct the currency market for their benefit, and weakening the role and ability of the central bank to maintain the stability of the exchange rate. Therefore, we suggest:
    1- Fixing the exchange rate as it is in traditional (non-electronic) transactions, and new procedures can be put in place after the second proposal is stable.
    2- Selling dollars at a price of (1300 dinars) to all stores, shops and markets that deal with electronic sales and have bank accounts that document the movement of cash flows, sales and payment lists for shoppers (regulated by instructions). In short, the second proposal works to direct all transactions to electronic payment, and this leads to hoarding the money of citizens and merchants in banks, monitoring internal and external cash flows, supporting the citizen and the merchant, and stabilizing the market, leading to the complete control of the central bank and revitalizing the economy. There is an integrated road map that can contribute to its formulation with the Central Bank, the Ministry of Finance, the Rasheed Bank and Al-Rafidain Bank.
    # The culture of electronic payment protects everyone, works to stimulate the economy, control market movement, and prevent currency smuggling.
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