Iraq’s core inflation rises to 7.6 per cent

[Quietlearner]

RV time !

http://gulftoday.ae/portal/f255159b-9ab6-40ee-997a-5be76e3adecb.aspx

[dinar_millions]

RV time !

http://gulftoday.ae/portal/f255159b-9ab6-40ee-997a-5be76e3adecb.aspx

INFLATION IS OUR FRIEND GO RI

[easyrider]

I'll bet its even more and they are not just telling the true numbers i heard its was in the 8's already and rapidly rising. Bottom line if they get into double figures its gonna hurt their economy in a big way. Something needs to happen this year this cannot wait til 2012.

Edited September 22, 2011 by easyrider

[steveflex7]

KEEP RISING !

[keepmwlknfny]

Well like the article mentioned yesterday they are raising interest rates which in itself is a way to fight inflation......there are so many ways they can lower inflation so I don't think we can say for sure that the only way to go is by raising the value.

Not to mention it probly wouldn't go up much if they did choose that route because you have to balance out goods and availible money....too much money chasing too few goods would only add to inflation.....

Its def a science trying to balance it all out....