Researchers and specialists are discussing the deletion of zeros from the Iraqi currency at the University of Baghdad

[KamelKeeper]

Admin -Bob

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Posts: 1557

Researchers and specialists are discussing the deletion of zeros from the Iraqi currency at the University of Baghdad

25/06/2012

Discussed by researchers, academics and specialists in the economic and fiscal policy placed Iraqi raise zeros from the Iraqi currency at a seminar hosted by the specialized scientific studies of the Higher Institute of Finance and Accounting at the University of Baghdad, titled "Delete the zeros and its impact on the Iraqi dinar exchange rate."

He gave appearance of Dr. Mohammed Saleh, Deputy Governor of the Central Bank of Iraq lecture about monetary policy and the deletion of zeros, which he confirmed that this reform has a horizontal level and the level of vertical, horizontal level is the deletion of three zeros that is to say a thousand dinars become one Dinar each, but to maintain the purchasing power, which concludes the citizens of large numbers, as well as rid the Central Bank of the larger figures also facilitate banking transactions, and assured the benefit of that new change will not affect the entry of citizens or their wealth or contractual obligations to them, but it will contribute to the cancel (dollarization) large sums in banking, as well as change the currency the currency of a new consensus technologies high in the printing of currency globally and printing of new categories lot of the Iraqi currency reduce the number of printed sheets now circulating in the market and aimed collectively to eliminate inflation, which controls the Iraqi market for decades and return to the issuing of coins Pfaúadtha that were in circulation in the past and the other is to facilitate transactions in purchasing everyday citizens.

Also included a scientific symposium lectures another for exchange rate fluctuations causes, consequences and treatments of Professor Mahmoud Mohammed Jawad Alloush member of the Authority senior investment and why raise the zeros of Dr. Falah Hassan Thuwaini from the Faculty of Business and Economics at the University of Mustansiriya and delete the zeros of the Iraqi dinar to Dr. Bashir Alwan Hamad from the Higher Institute for Financial Studies and accounting.

They were numerous opinions and views in the seminar between consistent and encouraging the process of lifting the zeros at times certain, and the opposition in other times, but all were in line to get to safety to the variable of economic and monetary and social order to achieve the overriding goal and the ultimate good and welfare of the Iraqi people and building the new Iraq riser.

The Higher Institute of Finance and Accounting at the University of Baghdad was founded in 1999 and aims to prepare specialists in the control computer (legal and costs administrative) which corresponds to doctoral, and terms of reference of financial (banking, taxes and insurance) equivalent to Masters, the level and efficiency of the prohibitively high and upgrading in order to keep abreast of developments Recent developments in all fields. The Institute comprises two parts (Studies Accounting and Financial Studies)

My link

[keepmwlknfny]

He gave appearance of Dr. Mohammed Saleh, Deputy Governor of the Central Bank of Iraq lecture about monetary policy and the deletion of zeros, which he confirmed that this reform has a horizontal level and the level of vertical, horizontal level is the deletion of three zeros that is to say a thousand dinars become one Dinar each, but to maintain the purchasing power, which concludes the citizens of large numbers, as well as rid the Central Bank of the larger figures also facilitate banking transactions, and assured the benefit of that new change will not affect the entry of citizens or their wealth or contractual obligations to them, but it will contribute to the cancel (dollarization) large sums in banking, as well as change the currency the currency of a new consensus technologies high in the printing of currency globally and printing of new categories lot of the Iraqi currency reduce the number of printed sheets now circulating in the market and aimed collectively to eliminate inflation, which controls the Iraqi market for decades and return to the issuing of coins Pfaúadtha that were in circulation in the past and the other is to facilitate transactions in purchasing everyday citizens.

Thats pretty clear on what deleting the zeros is......for the ones who are unsure or might be confused.....just read that paragraph....its NOT the RV that we all want....its the dreaded bunny ear....

Thanks Kamel for the post....

[alan_coaks_3]

yep

[jg1]

I think I will still keep my dinars, just in case.

[SocalDinar]

He gave appearance of Dr. Mohammed Saleh, Deputy Governor of the Central Bank of Iraq lecture about monetary policy and the deletion of zeros, which he confirmed that this reform has a horizontal level and the level of vertical, horizontal level is the deletion of three zeros that is to say a thousand dinars become one Dinar each, but to maintain the purchasing power, which concludes the citizens of large numbers, as well as rid the Central Bank of the larger figures also facilitate banking transactions, and assured the benefit of that new change will not affect the entry of citizens or their wealth or contractual obligations to them, but it will contribute to the cancel (dollarization) large sums in banking, as well as change the currency the currency of a new consensus technologies high in the printing of currency globally and printing of new categories lot of the Iraqi currency reduce the number of printed sheets now circulating in the market and aimed collectively to eliminate inflation, which controls the Iraqi market for decades and return to the issuing of coins Pfaúadtha that were in circulation in the past and the other is to facilitate transactions in purchasing everyday citizens.

Thats pretty clear on what deleting the zeros is......for the ones who are unsure or might be confused.....just read that paragraph....its NOT the RV that we all want....its the dreaded bunny ear....

Thanks Kamel for the post....

Thanks KK and Keep.

Sounds like Elmer Fudd. It's wabbitt season!

We'll see soon enough in the coming days..

Trix are for kids!

[alan_coaks_3]

i am keeping my dinars just in case too even if i lose a couple hundred . but there is a ? i have been trying to find out

[gakman]

Keep:

Agreed- this describes a bunny ear.

[KamelKeeper]

YW Keep.

I am going to throw a life preserver to myself: This was a seminar and academia, in many scenarios, operates on theory, and perhaps this is what they were discussing, the what if. Dr. Saleh came to discuss the what if with them. Due to speculation and the future events, could he at this point, discuss anything other than a LOP?

I have gone under once.........anybody want to throw me a rope to save me?

[Laid Back]

Sounds like a L.O.P

But still here until the end

[SocalDinar]

Shabs has never strayed from what he says he wants to do.

Of course he will play this card to the end if in fact there is a plan.

We should expect nothing different from him till it happens

Plenty of wild cards left in this deck everyone.

[cbs71]

Everyone relax...if anyone here thought that they were gonna say that they were going to revalue, has another thing coming. I am keeping my dinars with a kung-fu grip. They can say one thing and do another......

Could not care less if folks thing they are going to LOP....

[alan_coaks_3]

if i had more then 2 million dinars i would worry about a lop but under 1 mill its not that bad but still kinda hurts.

[SocalDinar]

if i had more then 2 million dinars i would worry about a lop but under 1 mill its not that bad but still kinda hurts.

If I had less than 2 Million I'm sure I would not be here habitually,

[zigmeister]

YW Keep.

I am going to throw a life preserver to myself: This was a seminar and academia, in many scenarios, operates on theory, and perhaps this is what they were discussing, the what if. Dr. Saleh came to discuss the what if with them. Due to speculation and the future events, could he at this point, discuss anything other than a LOP?

I have gone under once.........anybody want to throw me a rope to save me?

rope.

[easyrider]

once your fear consumes you then you are lost.

Everyone relax...if anyone here thought that they were gonna say that they were going to revalue, has another thing coming. I am keeping my dinars with a kung-fu grip. They can say one thing and do another......

Could not care less if folks thing they are going to LOP....

I am in agreement with YOU they can scream from the top of the mountains but i will continue to wait

[hablrob]

Saleh has been lying since day one. Up yours Saleh. We ain't going nowhere.

[easyrider]

Saleh has been lying since day one. Up yours Saleh. We ain't going nowhere.

Yep and i have seen him contradict himself in articles in the past why would i believe him now?

[olivesman]

if i had more then 2 million dinars i would worry about a lop but under 1 mill its not that bad but still kinda hurts.

Sorry to disagree but it doesn't hurt at all because I NEVER INVESTED MORE THAN I COULD AFFORD TO LOSE. And isn't that what we've always told newbies anyway???

[unirod]

Admin -Bob

Site Owner

Posts: 1557

Researchers and specialists are discussing the deletion of zeros from the Iraqi currency at the University of Baghdad

25/06/2012

Discussed by researchers, academics and specialists in the economic and fiscal policy placed Iraqi raise zeros from the Iraqi currency at a seminar hosted by the specialized scientific studies of the Higher Institute of Finance and Accounting at the University of Baghdad, titled "Delete the zeros and its impact on the Iraqi dinar exchange rate."

He gave appearance of Dr. Mohammed Saleh, Deputy Governor of the Central Bank of Iraq lecture about monetary policy and the deletion of zeros, which he confirmed that this reform has a horizontal level and the level of vertical, horizontal level is the deletion of three zeros that is to say a thousand dinars become one Dinar each, but to maintain the purchasing power, which concludes the citizens of large numbers, as well as rid the Central Bank of the larger figures also facilitate banking transactions, and assured the benefit of that new change will not affect the entry of citizens or their wealth or contractual obligations to them, but it will contribute to the cancel (dollarization) large sums in banking, as well as change the currency the currency of a new consensus technologies high in the printing of currency globally and printing of new categories lot of the Iraqi currency reduce the number of printed sheets now circulating in the market and aimed collectively to eliminate inflation, which controls the Iraqi market for decades and return to the issuing of coins Pfaúadtha that were in circulation in the past and the other is to facilitate transactions in purchasing everyday citizens.

Also included a scientific symposium lectures another for exchange rate fluctuations causes, consequences and treatments of Professor Mahmoud Mohammed Jawad Alloush member of the Authority senior investment and why raise the zeros of Dr. Falah Hassan Thuwaini from the Faculty of Business and Economics at the University of Mustansiriya and delete the zeros of the Iraqi dinar to Dr. Bashir Alwan Hamad from the Higher Institute for Financial Studies and accounting.

They were numerous opinions and views in the seminar between consistent and encouraging the process of lifting the zeros at times certain, and the opposition in other times, but all were in line to get to safety to the variable of economic and monetary and social order to achieve the overriding goal and the ultimate good and welfare of the Iraqi people and building the new Iraq riser.

The Higher Institute of Finance and Accounting at the University of Baghdad was founded in 1999 and aims to prepare specialists in the control computer (legal and costs administrative) which corresponds to doctoral, and terms of reference of financial (banking, taxes and insurance) equivalent to Masters, the level and efficiency of the prohibitively high and upgrading in order to keep abreast of developments Recent developments in all fields. The Institute comprises two parts (Studies Accounting and Financial Studies)

My link

Reduce the number of printed sheets no circulating in the market and aimed collectively to eliminate inflation. Are they not saying that they are reducing the money supply? How else could you reduce the zero's horizontally and maintain the same purchasing pwer for the citizens unless you have reduced the money supply! You cannot supposedly benefit the Dinar in a verticle way= (Value) unless the Trillions of Dinar have been systematically taken off the street. A LOP does NOT KILL INFLATION! If these economists are so smart then why do we understand these simple concepts? This article is describing a 1 eared bunny IMO

[gp49]

No lop