Kaperoni

Kaperoni – Dinar Guru   Does anyone actually believe the CBI could RV or RI the dinar at 1 to $1 or greater with an excess of 42 trillion dinars in circulation?  That is 3x’s the worlds money supply.  It simply cannot be done.  And the CBI cannot reduce the money supply overnight (in fact they mentioned the currency would remain in circulation for up to 10 years).  The only possible and viable solution is a gradual reduction of the money supply with a gradual increase in the exchange rate.  Such an increase in the exchange rate could occur as inflationary pressure rises on the financial system as investors bring capital to Iraq.  Any other option for an increase in value just isn’t viable or realistic. So we keep our fingers crossed that investors come to Iraq beginning with a 2020 budget, increased 72 trillion expenditures.

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