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Bank:Delete the zeros does not cause inflation, raise


jupitergirl
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Bank: Delete the zeros does not cause inflation, raise

The Chairman of the Board of Directors of the Bank economy Hossam Obaid Ali to the need for the project of deleting three zeros from the Iraqi currency, which would increase the Iraqi dinar exchange rate, confirming that it is no cause to raise inflation. Obaid said in a statement to the Agency (news) on Wednesday: to direct the draft work deleting three zeros from the currency is a good move by the central bank even if it is to move to work out, will make the dinar value of purchasing international. and ruled on the cause the project to delete the zeros height of the inflation rate, but lead to a revaluation of the dinar against international currencies. The that the project will not happen upheaval in the banking, but will facilitate a lot of things through the process of storage and transport, and also eliminate a lot of problems, including accidents, theft and malpractice in the count, and others. commented Chairman of the Bank of the economy on the statements made by some officials and specialists refusing to for the work of deleting three zeros from the currency: saying: society in which several opinions and ideas and all the specialist can be posed freely, but the project became a reality and exists and is binding on the State to accomplish because it will reduce the monetary bloc, adding that the project to delete the zeros will affect the economy «yes» through the ease of trading in the currency market and to carry and transport.

http://translate.googleusercontent.com/translate_c?hl=en&prev=/search%3Fq%3D%25D8%25AD%25D8%25B0%25D9%2581%2B%25D8%25A7%25D9%2584%25D8%25A3%25D8%25B5%25D9%2581%25D8%25A7%25D8%25B1%2B%25D8%25A7%25D9%2584%25D8%25A8%25D9%2586%25D9%2583%2B%25D8%25A7%25D9%2584%25D9%2585%25D8%25B1%25D9%2583%25D8%25B2%25D9%258A%2B%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7%25D9%2582%2B2011/10/19%26hl%3Den%26rls%

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Bank: Delete the zeros does not cause inflation, raise

The Chairman of the Board of Directors of the Bank economy Hossam Obaid Ali to the need for the project of deleting three zeros from the Iraqi currency, which would increase the Iraqi dinar exchange rate, confirming that it is no cause to raise inflation. Obaid said in a statement to the Agency (news) on Wednesday: to direct the draft work deleting three zeros from the currency is a good move by the central bank even if it is to move to work out, will make the dinar value of purchasing international. and ruled on the cause the project to delete the zeros height of the inflation rate, but lead to a revaluation of the dinar against international currencies. The that the project will not happen upheaval in the banking, but will facilitate a lot of things through the process of storage and transport, and also eliminate a lot of problems, including accidents, theft and malpractice in the count, and others. commented Chairman of the Bank of the economy on the statements made by some officials and specialists refusing to for the work of deleting three zeros from the currency: saying: society in which several opinions and ideas and all the specialist can be posed freely, but the project became a reality and exists and is binding on the State to accomplish because it will reduce the monetary bloc, adding that the project to delete the zeros will affect the economy «yes» through the ease of trading in the currency market and to carry and transport.

http://translate.googleusercontent.com/translate_c?hl=en&prev=/search%3Fq%3D%25D8%25AD%25D8%25B0%25D9%2581%2B%25D8%25A7%25D9%2584%25D8%25A3%25D8%25B5%25D9%2581%25D8%25A7%25D8%25B1%2B%25D8%25A7%25D9%2584%25D8%25A8%25D9%2586%25D9%2583%2B%25D8%25A7%25D9%2584%25D9%2585%25D8%25B1%25D9%2583%25D8%25B2%25D9%258A%2B%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7%25D9%2582%2B2011/10/19%26hl%3Den%26rls%

Good article, but this one statement makes me think we are not as close to an actual RV as we thought

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Bank: Delete the zeros does not cause inflation, raise

The Chairman of the Board of Directors of the Bank economy Hossam Obaid Ali to the need for the project of deleting three zeros from the Iraqi currency, which would increase the Iraqi dinar exchange rate, confirming that it is no cause to raise inflation. Obaid said in a statement to the Agency (news) on Wednesday: to direct the draft work deleting three zeros from the currency is a good move by the central bank even if it is to move to work out, will make the dinar value of purchasing international. and ruled on the cause the project to delete the zeros height of the inflation rate, but lead to a revaluation of the dinar against international currencies. The that the project will not happen upheaval in the banking, but will facilitate a lot of things through the process of storage and transport, and also eliminate a lot of problems, including accidents, theft and malpractice in the count, and others. commented Chairman of the Bank of the economy on the statements made by some officials and specialists refusing to for the work of deleting three zeros from the currency: saying: society in which several opinions and ideas and all the specialist can be posed freely, but the project became a reality and exists and is binding on the State to accomplish because it will reduce the monetary bloc, adding that the project to delete the zeros will affect the economy «yes» through the ease of trading in the currency market and to carry and transport.

http://translate.googleusercontent.com/translate_c?hl=en&prev=/search%3Fq%3D%25D8%25AD%25D8%25B0%25D9%2581%2B%25D8%25A7%25D9%2584%25D8%25A3%25D8%25B5%25D9%2581%25D8%25A7%25D8%25B1%2B%25D8%25A7%25D9%2584%25D8%25A8%25D9%2586%25D9%2583%2B%25D8%25A7%25D9%2584%25D9%2585%25D8%25B1%25D9%2583%25D8%25B2%25D9%258A%2B%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7%25D9%2582%2B2011/10/19%26hl%3Den%26rls%

That is about as clear as it gets on the debate of RV vs. RD

INCREASE THE EXCHANGE RATE. WOOOOOOOOOOO

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Excellent article and Very Encouraging.....but.....it's only one in a long line of similar articles laying out the justification for an RV and essentially calling for it....but it doesn't ever get done! If I hear one more newbie call for everyone to "just be patient", I'm going to puke. Many of us have been on this ride for years and we just want these clowns to get it done...once and for all. Nuff said.

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Please take your LOP discussions to the LOP forum - they are not allowed in the other forums. biggrin.gif

Well then maybe this article should be moved to the lop section? All of the delete the zeros articles are about a lop/rd.....and they will continue to bring up the discussion about lop/rv everytime one is posted.....

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'dinar value of purchasing international'

That is my favorite part... :):D:)

Aspirations to become internationally traded is great news in my opinion. Whether you believe in the best or worst of the future of the IQD, that statement alone should mean we shouldn't have a probelm exchanging at the banks even if the worst case scenario plays out.

Just my thoughts :)

Well then maybe this article should be moved to the lop section? All of the delete the zeros articles are about a lop/rd.....and they will continue to bring up the discussion about lop/rv everytime one is posted.....

You do bring up a good argument... But this article focuses more on the inflation...

However, deleting the zeros could ultimately mean what we don't want to hear.. Sort of an issue we're torn against.. Leave it in regular news for inflation talk, or transfer it to the LOP section for LOP talk.

I say, Lopsters should just re-post the article in the Lop-section.. For that type of discussion...

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Captjohn

Excellent article and Very Encouraging.....but.....it's only one in a long line of similar articles laying out the justification for an RV and essentially calling for it....but it doesn't ever get done! If I hear one more newbie call for everyone to "just be patient", I'm going to puke. Many of us have been on this ride for years and we just want these clowns to get it done...once and for all. Nuff said.

All Newbies are not new to the dinar world they just may be new to DVs. I know people who have held their dinar for 7+ years but are not on DV so if they join and say be patient it's not valid because they are new to DV, really?????

Edited by Mrs Lady G
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All Newbies are not new to the dinar world they just may be new to DVs. I know people who have held their dinar for 7+ years but are not on DV so if they join and say be patient it's not valid because they are new to DV, really?????

Excellent point my dear.

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Everything is a lop to the lopsters it's like a religion to them... Hunz your statement makes zero sense... Are you saying any thing other than a lop would increase inflation?

I don't see how it doesn't make sense. A lop would not cause a rise in inflation but a revaluation would cause a rise. Also to everyone giving me negatives I think its hilarious.

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Excellent article and Very Encouraging.....but.....it's only one in a long line of similar articles laying out the justification for an RV and essentially calling for it....but it doesn't ever get done! If I hear one more newbie call for everyone to "just be patient", I'm going to puke. Many of us have been on this ride for years and we just want these clowns to get it done...once and for all. Nuff said.

Don't puke. Many of us newbies have been lurking in the shadows for years. I just registered because I finally had something to say. Everyone is always quick to jump on the newbies and if that weren't the case maybe they would register & speak up sooner. As for being patient...I'm tired of researching, waiting & anticipating just RV already...AT ANY RATE!!!!

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You do bring up a good argument... But this article focuses more on the inflation...

However, deleting the zeros could ultimately mean what we don't want to hear.. Sort of an issue we're torn against.. Leave it in regular news for inflation talk, or transfer it to the LOP section for LOP talk.

I say, Lopsters should just re-post the article in the Lop-section.. For that type of discussion...

Yes it is mentioning inflation, but how a RD wouldnt affect it, thats at least how I take it......

Do you think its more valuable to openly discuss this topic (knowing that alot of good and informative discussions come from it where everyone learns something) or shun it away to the LOP section to be talked about, knowing that alot of people wont read it simply because of the forum its in, and the information brought foward by members is not brought to the masses attention as maybe it should?

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Yes it is mentioning inflation, but how a RD wouldnt affect it, thats at least how I take it......

Do you think its more valuable to openly discuss this topic (knowing that alot of good and informative discussions come from it where everyone learns something) or shun it away to the LOP section to be talked about, knowing that alot of people wont read it simply because of the forum its in, and the information brought foward by members is not brought to the masses attention as maybe it should?

I read the topics on here simply from clicking "New Content"

I don't filter out specific sections when I do so... If the topic title interests me, I click it.

If anything, I may avoid the Off-Topic discusions because it is not IQD-related. it is also filled with a lot of political b.s. I don't care to read :)

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I read the topics on here simply from clicking "New Content"

I don't filter out specific sections when I do so... If the topic title interests me, I click it.

If anything, I may avoid the Off-Topic discusions because it is not IQD-related. it is also filled with a lot of political b.s. I don't care to read smile.gif

You and me both.....but Im sure not everyone does it that way!

Rumors seem to be the attention grabber!! LOL

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