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Delete the zeros of the Iraqi dinar


boomer113189
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10 - 11 - 2013

 

Raised the issue of the deletion of zeros from the Iraqi dinar and promoted by the Central Bank recently a lot of talk among specialists about the economic viability and impact on the Iraqi economy, according to the Central Bank's advisors that the deletion of zeros will help alleviate inflation occurred in the Iraqi economy as this will help to reduce the money supply in the country, which in their view of the causes of inflation justified the timing is right for this to stabilize the Iraqi economy with stable dinar exchange rates.

But Javi on monetary policy specialists and economists the seriousness of this action on the Iraqi economy at this time, with the results to be achieved and a reduction of inflation do not need to delete the zeros but need to do development in the field of the real economy and not a placebo, monetary policy is a reflection of the reality of the real economy and the production of goods and services and when we want to reduce inflation to be limited to the productive sectors of the country and help them to escape from the constraints faced and the rise of industry Local support added to regulate the volume of goods and goods imported through customs tariffs and tax and other legislation and laws that guarantee prosperity for the local industry in all sectors.

So we need to reduce inflation has led to sustainable development and organization for all facilities of the real economy that monetary policy and fiscal policy role through coordination between different policies and development plans.

Many of the concerns surrounding the deletion of zeros, if you look at the States that have done so, most countries are Turkey, we find that they have a strong and stable economy and to this process was the most important is the community's understanding of the process in detail and assimilation to the new currency, but if we do, there are a lot of risks and concerns that must be put into consideration, including the possibility of economic disruption leads to loss of confidence in the Iraqi dinar exchange rate may change and add to the cost of the new currency, especially that Iraq No special printing but prints the currency in Britain, not to mention the difficulties related to the State budget and investment plans, debt, equities, bonds and other hazards that may be caused by the move.

Deleting zeros from the currency, not the cure, but comes as a necessity when the economy is in continuous growth and stability of the whole and not the stability they are talking about is the stability of the exchange rate and the stability of the imaginary because it is not based on economic power, then the process of deleting zeroes from the currency necessary to help coordination between policies and give more clarity with plans understandable to all and contribute to reduce the money supply and more importantly that this process must be carried out at various stages according to plan and that the The education of the new currency in all ways and methods to accommodate by the citizen and the investor.

When you take a closer look at the reality of the Iraqi economy, the dependence on oil as the basis for financing the State budget Besides simple earnings and loans to industrial and agricultural production and other sectors is negligible, so do not achieve any growth of the national economy, but may contribute feedback negatively affect the general economic situation, the reduction of inflation and limited is the main justification for all of this will not be achieved by simply delete the zeros also that this process will not achieve any increase in value The purchasing power of the Iraqi dinar in the recent news about the deletion of three zeros of the Iraqi currency, reducing the amount of money in the market and raising the value of the currency against foreign currencies reflected positively on the global economic situation of the country and the return of the Iraqi dinar and glory before the first Gulf war
But reducing the amount of money the formalism is not the most effective solution to the problem of inflation and revive the country's economic situation
The rentier economy depends primarily on the country's oil.

But the problem lies in the difference between locally produced and imported commodities and reduce madder between exports and imports to the country produces accepting food by local agriculture which is its wealth of water and fertile land, only the need for Government support as well as locally manufactured goods which are produced in neighboring countries less potential and material and human resources of Iraq that has all ways of development in this step we have preserved the hard currency of out-migration and Add real value to the Iraqi dinar and create jobs that support the economy and reduce unemployment

It should be noted that there are important steps you must take before the replacement process is the promotion of a culture of individual in how to deal with his past and the new currency in the market and not to be dragged behind the rumors promoted by weakening the souls of beneficiaries that the old currency value
As in the current Exchange 2003 post must also state control of bankers
Government and private banks and ensure integrity and not blackmail for simple citizen against the replacement of the old currency.

 

http://goo.gl/Tb49Vc

 

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good read

If your pulling for an RD then yeah GREAT READ...........................But that's not what the guy's in DA TANK want,funny part is that's all they talk about & that's the only articles they present. Just like the "GURUS", LOPsters have a hard time with the truth.

GO RD & praying for min/no monetary gain!!!!!

Wake me when you genius's can provide anything new,the "delete the zeros" schtick is getting old

Edited by caz1104
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new about what

 

all of us here are only care about what happens to the currency because we all hold it

 

nothing else matters



even adam says the dinar will delete the three zeros.  you should ask him to post some articles or documents stating how will we all make alot of money by them deleting the zeros.  tell him to show you of some examples of deletion of zeros that made tons of people alot of money. tell him to provide articles or documents backing it up.

 

i would be curious to see if he even will provide a link or doc

 

 

 

i am only here to see what happens to there currency

Edited by boomer113189
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LOL!!!!! That was good(not truthfull,but good) one!!! "care about what happens" LOL LOL. You  post 24/7 for a RD and then try to spin it like that's not the case, I take back the genius part. When was your last NON RD post or article? 

Edited by caz1104
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i am not going to lie to you that's because all iraq is doing is talking about a RD.    duh      what  do think delete the zeros means

Again I'm not arguing that ......duh but don't insult peoples intelligence with this crap that that's not what you want...............for that's all you speak. At least have the GONADS to tell the truth. I have yet to even see you attempt to look for any other possibility, at least others attempt. 

Come on Caz.....GO RD!!!! Say it with me! lol j/k

LOL  GO RD!!!!!!!!!

Edited by caz1104
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Again I'm not arguing that ......duh but don't insult peoples intelligence with this crap that that's not what you want...............for that's all you speak.

LOL  GO RD!!!!!!!!!

like i said the only reason i speak of it is because that what they plan on doing according to all these news articles

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then the process of deleting zeroes from the currency necessary to help coordination between policies and give more clarity with plans understandable to all and contribute to reduce the money supply and more importantly that this process must be carried out at various stages according to plan and that the The education of the new currency in all ways and methods to accommodate by the citizen and the investor.

Read more: http://dinarvets.com/forums/index.php?/topic/163206-delete-the-zeros-of-the-iraqi-dinar/#ixzz2hSMeEoAX

 

 

 

I've always said when they start educating the "public" with flyers, pamplets, print ads, then the $&%T is fixing to hit the fan.  Now it's a wait and see game.

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Then just say it Boomer you want them to RD. No speaks 24/7 for something if this not whats in their heart. It's ok, you actually will gain more street cred

like i said i can back up all my saying with documents and articles. i have not read 1 article stating that the dinar will go to a 1 to 1 without deleting the zeros

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like i said the only reason i speak of it is because that what they plan on doing according to all these news articles

LOL!! GO RD & MIN/NO GAIN!!!!! I always invest/spec with this as my endgame don't you Boomer? Otherwise one would divest themselves and move onto more probable ventures.............right Boomer.

 

like i said i can back up all my saying with documents and articles. i have not read 1 article stating that the dinar will go to a 1 to 1 without deleting the zeros

Come on Boomer your almost there..............just say it. The weight off your shoulders will be enormous. Here I'll say it with you.......I.......want.......it ......to ........RD!!!!!! That way you can show everyone how smart you really are.............right? Why else 24/7 push the RD articles & posts? Is'nt that what this is all about? Ego

Edited by caz1104
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LOL!! GO RD & MIN/NO GAIN!!!!! I always invest/spec with this as my endgame don't you Boomer? Otherwise one would divest themselves and move onto more probable ventures.............right Boomer.

i take this as a VERY HIGH RISK LOTTERY TICKET all of us here are all betting that the cbi will redenominate the dinar like they said they plan to be doing

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"all of us here are all betting that the cbi will redenominate".....that was your thoughts when investing/speculating in dinar?.........seriously? Wow that's a new way to invest............min/no gain. Thanks for the honesty............good luck with that strategy. Goodnight I'm off to rethink my goals when I invest................hmmmmmmmmmmmm something to seriously ponder.

Edited by caz1104
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hey  caz1104 instead of saying how i only post on the negatives and bad stuff about the dinar that nobody wants to hear.   

 

why don't you disprove me and the so called lopsters about what iraq really wants to do with there currency. tell me how by deleting the zeros is going to make everyone thousand of dollars of this speculation. i would like to see some sort of

 

article or document stating that after currency's that get there zeros removed that people made tons of money on it

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like i posted before  A Redenomination Warning
If you hear the words currency redenomination by a prominent government official become very concerned. This will probably be the fist step in the process of rolling the concept out to the public.

 

and guess who said this ? yep you guesses the CBI GOV


that's why i have sold of most of my dinars.     NOT ALL i still do have 1 dinar note left
 
well thats not the only reason i researched what deletions of zeros really mean and i didn't like what i saw
Edited by boomer113189
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Boomer I know "If the queen had round ones she'd be king",but I'm asking an if ? anyway. What is the max you think we could get if M2 was let's say 17 Trill. Is it a minimal factor in your thinking or is it 5 times better than where we're at? That was what got me in.Simple division speculation and a Kuwait story had my first 24 hour delivery. The M2 has been my progressive downer for 3 years,man can they print notes.Max out good DV folks ASAP.

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