Money Supply M0 drops in Iraq

[moneysoon]

According to a report released by the Central Bank of Iraq (CBI), the amount of money supply (M0) in Iraq dropped to IQD 67068 billion in October 2014 compared to IQD 67474 billion in September 2014.


It is worth highlighting that money supply (M0) averaged IQD 38750.95 billion from 2003 until 2014, hitting an all-time high of IQD 73259 billion in December 2013 and a record low of IQD 6708 billion in December 2003, according to the Trading Economics.


Photo Credit: Arabianeye-Reuters

[Laid Back]

I'm not an Economist but I believe this is GOOD NEWS.!

M0 (M-zero) is the most liquid measure of the money supply. It only includes cash or assets that could quickly be converted into currency. This measure is known as narrow money because it is the smallest measure of the money supply.

Go IRAQ keep moving forward.!

[moneysoon]

I'm not an Economist but I believe this is GOOD NEWS.!

M0 (M-zero) is the most liquid measure of the money supply. It only includes cash or assets that could quickly be converted into currency. This measure is known as narrow money because it is the smallest measure of the money supply.

Go IRAQ keep moving forward.!

Yup, I thought this was significant but it does not seem to pique the interest of the masses.

[Deborah Layne]

WOO HOO!!

(is that better?)

[alan14]

Thanks! Moneysoon!!!!

[6ly410]

GO RV

[Laid Back]

In my opinion is the M0 drops the M1 and M2 drops too.

I don't believe the "M" numbers on the CBI website are real.

Something is cooking.!

I see BIG changes on January 2015

[nfire]

yah this is good news!

[moneysoon]

WOO HOO!!

(is that better?)

 

Almost, but it takes a lot to float my boat.

[Deborah Layne]

How about this?

Well shoot. That's supposed to be bigger.

Edited December 7, 2014 by Deborah Layne

[moneysoon]

We are getting there! I am but a little boat in a big sea. Soon though, my boat will be bigger hopefully one that will look like the one you submitted.

[gregp]

Yup, I thought this was significant but it does not seem to pique the interest of the masses.

Money, am I correct in saying, one to one, this is below their reserve level?

[TQueezy]

Almost, but it takes a lot to float my boat.

Can we sink your submarine instead?

[uncirculd]

They can have my notes for a mere measly amount. 

[ronscarpa]

 ..   .. 

[sandfly]

THANKS

[moneysoon]

I have been running this through my mind for the last few hours. I'm thinking of the validity of the numbers and more importantly if it is true then then we can see the directions the money is really flowing.

[Djorgie]

Money, am I correct in saying, one to one, this is below their reserve level?

One to one sounds amazing to me!

[mad asafrog]

 

Well shoot. That's supposed to be bigger.

 

Story of my life
Thanks moneysoon
This does sound like good news

Edited December 8, 2014 by Markinsa
Fixed Quote Box

[easyrider]

They will Re- instate the dinar like they have talked about in the past to pre- war levels.  Then later on they will RV  once they put the dinar out their on the international markets that wil determie how much demand it will generate throigh projects , contracts etc..

 

http://data.cnbc.com/quotes/.DXY

 

imho watch the dollar index should reach 90.00 soon.

 

 

Also good to know that the M0 has been reduced, i guess the lopsters missed this thread LOL

 

 

All of course in MY opinion. We shall see soon  how this will play out.

Edited December 8, 2014 by easyrider

[skeetdog]

Thanks moneysoon......Damn Dawg...Did ya have to say ''Soon''.....

Thanks moneysoon......Damn Dawg...Did ya have to say ''Soon''.....

[RodandStaff]

WOO HOO!!

(is that better?)

Now we know who the real party girl is around here!!! Lol...I'm thinkin' you and Nadita are gonna get along great in Vegas post RV!!! ;o)

I'm no economist either but in my small world the smaller the money supply the greater the value....especially if they keep sucking the Dinar off the street...Come On RV Baby!!!

Sandfly for the post, and like your name I hope we will have more "money soon"!!!

Edited December 8, 2014 by RodandStaff

[moneysoon]

Yes Sir, I am of the opinion, after sleeping on it, that they may be telling the truth on this one.

[gregp]

Yes Sir, I am of the opinion, after sleeping on it, that they may be telling the truth on this one.

Yes sir. That's how I understood it.

[moneysoon]

What's funny is what many fail to see in this announcement. If one over analyzes this article they will completely miss the point as some have. If one would take 2 minutes and simply ask the 5 interrogatives about the simple posit of the article PERHAPS they would see the speculative writing on the wall.

 

Take Care My Friend