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Parliamentary finance identifies a reason why coins should not be minted and advises such a move


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57 minutes ago, Floridian said:

 

Uh oh!  I don't like the way this sounds.  The only countries I know of that have experienced deleting zeros are those that have lopped.

 

The third axis: the experiences of some countries in the process of deleting zeros M.Mohammed Juma Rahim. 
The seminar was attended by the Dean's Assistant for Administrative Affairs, the heads of the scientific departments, faculty members and staff as well as guests from various departments of the State.

 

Ah, Yer Fine, Floridian, AND The Very Best Of Your Weekend To You!!! :tiphat:

 

As @pokerplayer noted, HYPER INFLATION IS THE CAUSE for THOSE Countries shedding the zeroes from THEIR Currencies.

 

Notably, the Bicraqi Iraqi ARE STILL in a "closed" "economy" WITH a "program" "rate" Bicraqi Iraqi Dinar PEGGED to the USD.

 

So, DO NOT WORRY, BE HAPPY!!!

 

Hey!!! Try THIS!!!

 

Well, OK, THERE are some FUNKAE' moves so maybe BABY skip THOSE!!!

 

 

 

AND, of course, the BASIC Instructional Video................................................................................................

 

 

 

Go Moola Nova!

:pirateship:

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5 minutes ago, Synopsis said:

 

Ah, Yer Fine, Floridian, AND The Very Best Of Your Weekend To You!!! :tiphat:

 

As @pokerplayer noted, HYPER INFLATION IS THE CAUSE for THOSE Countries shedding the zeroes from THEIR Currencies.

 

Notably, the Bicraqi Iraqi ARE STILL in a "closed" "economy" WITH a "program" "rate" Bicraqi Iraqi Dinar PEGGED to the USD.

 

 

 

 

Thanks, Synopsis, I needed that "Don't Worry, Be Happy" video.  😊

I always feel better when you're not worried.  LOL LOL

 

So, you're thinking Iraq is different from other countries (regarding deleting their zeros) because they are a closed economy with a program rate, whereas the other countries were not.   Hmmmmm.  That makes sense!

 

Okay, I won't worry until April 1st passes, and then I'll go back to being a total wreck.  😂

 

 

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1 hour ago, DWS112 said:

Scientific Symposium (delete zeros from the Iraqi dinar)  2019-03-27

 

Under the patronage of the Dean of the Faculty of Knowledge University Dr. Yacoub Nazem Ahmed, the Department of Finance and Banking Sciences held today, 2019/3/27 and the Conference Hall a scientific symposium entitled (delete zeros from the Iraqi dinar) was divided into three axes

 

The first axis: the concept of deleting zeros from the dinar , Presented by Assistant Professor Dr. Ali Abdul Hadi Salem.

 
The second axis: the expected results of the deletion of three zeroes from the Iraqi dinar, M. Mahmoud Abdelkader Sweid. 


The third axis: the experiences of some countries in the process of deleting zeros, M. Mohammed Juma Rahim. 
The seminar was attended by the Dean's Assistant for Administrative Affairs, the heads of the scientific departments, faculty members and staff as well as guests from various departments of the State.

 

3558IMG-20190327-WA0018.jpg

 

 

Hi DWS, do you happen to have a link for this article ?

 

  Thxs pp

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2 minutes ago, Laid Back said:

In iraq case, I don’t think delete of the zeros means LOP or RD.

 

- their inflation is +/-2%

- they can cover the monetary mass 170%

- foreign currency reserves growing 96.5 tons 

- Gold reserves growing $62.5 billion dollars

- Swift currency code is the same

- LOP or RD is neutral event.... No purchasing power 

- Ministry of planning feasibility study for IQD $1.13

 

Go RV

Go $1:1

Go purchasing power

 

 

That is exactly right.   :twothumbs:

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 I have always believed when this is close to happening the misinformation will start. I am taking this as a good sign that they are publicly speaking about reevaluation.  Mainly because they are  still not saying where the zeros are going to come from . 

 Always the optimist. 😎

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3 minutes ago, FROSTYJACK said:

 I have always believed when this is close to happening the misinformation will start. I am taking this as a good sign that they are publicly speaking about reevaluation.  Mainly because they are  still not saying where the zeros are going to come from . 

 Always the optimist. 😎

Like your thinking there FrostyJack. 

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21 minutes ago, Laid Back said:

In iraq case, I don’t think delete of the zeros means LOP or RD.

 

- their inflation is +/-2%

- they can cover the monetary mass 170%

- foreign currency reserves growing 96.5 tons 

- Gold reserves growing $62.5 billion dollars

- Swift currency code is the same

- LOP or RD is neutral event.... No purchasing power 

- Ministry of planning feasibility study for IQD $1.13

 

Go RV

Go $1:1

Go purchasing power

 

 

 

Okay, I like it!

Thanks, Laid Back  :bravo:

I needed to hear this, although I knew it before but in times like this, I forget.

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21 minutes ago, ChuckFinley said:

That is exactly right.   :twothumbs:

We are on the same page my friend CF👍🏼😊

 

2 minutes ago, Floridian said:

 

Okay, I like it!

Thanks, Laid Back  :bravo:

I needed to hear this, although I knew it before but in times like this, I forget.

You’re welcome Floridian. 

If they were planning to RD or LOP, they don’t need years of studies, many  conferences and symposium.

just my opinion 

 

Go RV asap

Go purchasing power

Go $1:1

 

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2 minutes ago, Laid Back said:

We are on the same page my friend CF👍🏼😊

 

You’re welcome Floridian. 

If they were planning to RD or LOP, they don’t need years of studies, many  conferences and symposium.

just my opinion 

 

Go RV asap

Go purchasing power

Go $1:1

 

🎯🎯🎯💯

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22 minutes ago, Laid Back said:

We are on the same page my friend CF👍🏼😊

 

You’re welcome Floridian. 

If they were planning to RD or LOP, they don’t need years of studies, many  conferences and symposium.

just my opinion 

 

Go RV asap

Go purchasing power

Go $1:1

 

For sure.  :bravo:

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2 hours ago, Floridian said:

 

Thanks, Synopsis, I needed that "Don't Worry, Be Happy" video.  😊

I always feel better when you're not worried.  LOL LOL

 

So, you're thinking Iraq is different from other countries (regarding deleting their zeros) because they are a closed economy with a program rate, whereas the other countries were not.   Hmmmmm.  That makes sense!

 

Okay, I won't worry until April 1st passes, and then I'll go back to being a total wreck.  😂

 

 

 

:twothumbs: YOU THE MAN!!!, Floridian, AND ALL The Best HAPPAE’ To You!!! :tiphat:

 

Aren’t THESE DinarVetsaholics Bicraqi Iraqi Dinar Holder Therapy Sessions WONDERFUL!!!

 

:backflip:   :backflip:   :backflip:

 

Hi. My name is So AND So (everybody responds, “Hi So AND So) AND I’m a DinarVetsaholic Bicraqi Iraqi Dinar Holder.

 

:o   :o   :o

 

Then So AND So gives an update on THEIR journey AGAINST THEIR “disease” of sorts.

 

AND So ON AND So Forth with the OTHER Therapy Members!!!

 

:lmao:   :lmao:   :lmao:

 

Go Moola Nova!

:pirateship:

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:twothumbs:   :lol:

3 minutes ago, Synopsis said:

Aren’t THESE DinarVetsaholics Bicraqi Iraqi Dinar Holder Therapy Sessions WONDERFUL!!!

 

:backflip:   :backflip:   :backflip:

 

Hi. My name is So AND So (everybody responds, “Hi So AND So) AND I’m a DinarVetsaholic Bicraqi Iraqi Dinar Holder.

 

:o   :o   :o

 

Then So AND So gives an update on THEIR journey AGAINST THEIR “disease” of sorts.

 

AND So ON AND So Forth with the OTHER Therapy Members!!!

 

:lmao:   :lmao:   :lmao:

 

 

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39 minutes ago, Synopsis said:

 

:twothumbs: YOU THE MAN!!!, Floridian, AND ALL The Best HAPPAE’ To You!!! :tiphat:

 

Aren’t THESE DinarVetsaholics Bicraqi Iraqi Dinar Holder Therapy Sessions WONDERFUL!!!

 

:backflip:   :backflip:   :backflip:

 

Hi. My name is So AND So (everybody responds, “Hi So AND So) AND I’m a DinarVetsaholic Bicraqi Iraqi Dinar Holder.

 

:o   :o   :o

 

Then So AND So gives an update on THEIR journey AGAINST THEIR “disease” of sorts.

 

AND So ON AND So Forth with the OTHER Therapy Members!!!

 

:lmao:   :lmao:   :lmao:

 

Go Moola Nova!

:pirateship:

 

That's a riot!  And so, so true!  😂😂😂

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Seminar (delete zeros from the Iraqi dinar)

3558IMG-20190327-WA0018.jpg

2019-03-27

Under the patronage of the Dean of the Faculty of Knowledge University Dr. Yaqub Nazim Ahmed, the Department of Finance and Banking Sciences held today, 2019/3/27, and on the conference hall a scientific symposium entitled (delete zeros from the Iraqi dinar) was divided into three axes 

The first axis: the concept of deleting zeros from the Iraqi dinar, provided by Assistant Professor Dr. Ali Abdul Hadi Salem. 

The second axis: the expected results of the deletion of three zeroes from the Iraqi dinar, M. Mahmoud Abdelkader Sweid. 

The third axis: the experiences of some countries in the process of deleting zeros, M. Mohammed Juma Rahim. 

The seminar was attended by the Dean's Assistant for Administrative Affairs, the heads of the scientific departments, faculty members and staff as well as guests from various departments of the State.

http://auc-edu.org/index.php?content=conf&conf=20

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From old..

 

Scientific symposium at the University of Baghdad for the deletion of zeros from the Iraqi currency

Tuesday June 26, 2012

BAGHDAD - and babysit - Institute of Higher Studies for financial and accounting at the University of Baghdad, a scientific symposium for specialty delete the zeros of the Iraqi currency with a number of researchers and specialists in the economic and fiscal policy in Iraq.

A statement by the Ministry of Higher Education and Scientific Research: "The seminar, titled (delete zeros and its impact on the Iraqi dinar exchange rate) included the dumping of four lectures on monetary policy and the deletion of zeros and the exchange rate in the Iraqi economy.

He added: "The deputy governor of the Central Bank of the appearance of Mohammed Saleh said in his lecture, titled (monetary policy and the deletion of zeros) that the new change will not affect the entry of citizens or their wealth or contractual obligations to them, but it will contribute to the cancellation (dollarization) the large amounts of transactions banking.

The statement continued: "The lecture was about the other three / exchange rate fluctuations causes, consequences and treatments and / / Why raise the zeros and / / delete the zeros of the Iraqi dinar.
 

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 Butifldrm .. it’s one year ago this Wednesday April 3rd 2018 that you started this thread...Which means they have had a year to think about removing  the zero’s .. It also shows that the wheels of progress move ever so slowly in Iraq .. Let’s hope that their  next year ahead is more productive ..😊🙏

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Thursday January 26, 2012 

Economic seminar organized by the Knights hope ..

The presence of a number of politicians, economists, specialists .. Symposium discussed the step the Iraqi Central Bank to the deletion of zeros from the dinar and approval of a new currency, which is scheduled to start in the next year .. Specialists, economists indicated that the resolution and, despite his studies by the Central Bank of Iraq and approved, but a political decision that must be decided by the result as soon as the holds of the benefits to the Iraqis.

D. Porose peace / economic expert (The decision to change and delete the zeros and approval of a new currency is a political decision which is in the crucible of life of the new Iraq to be possible after 2003 and the challenge in front of decision makers and also the public's demand in order to improve living standards for the Iraqi people). The different specialists, economists in the issue of deletion of zeros to raise the price of the Iraqi dinar in relation to their usefulness perceived or not While criticized by some of them the process because of what they called its support system" rel="">support for the economy of rent found others that the matter does not exceed facilitate banking transactions which are common in countries emerging from crises such as Iraq. 

D. Abdul Hussein Al-Anbuge - economist ((Supposed to be the picture of the economy reflected in the exchange rate of the dinar and including that picture of the economy did not improve after thus supposed to be the dinar exchange rate is not raised that way now because it helps to promote the phenomenon of economic rent and makes imports cheaper and thus deepening of this phenomenon leads to a sense of citizens that he should Abakh imports)) D. The appearance of Mohammed Arif ((The subject is feminine figures, the truth is nothing but .. all the countries emerging from conflict and its currency bearing categories zeros are many with the installation of a weak, in fact remove these zeros to facilitate the exchange and improve the efficiency of the system from the door of exchanges of cash is only a part of the duties of the monetary authority to provide payments system cash is easy and a facilitator.

Observers believe that the central bank starts the process of removing the zeros from the Iraqi dinar, which can be achieved by this matter of the positive impact on the economic landscape that dominates the Iraqi Marjaheen these pros on some of the negatives that may appear after the replacement of old currency for new currency proposed. 

http://www.alsumaria.tv/ar/Iraq-News/1-73156-.html

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  • yota691 changed the title to Parliamentary finance identifies a reason why coins should not be minted and advises such a move
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