mike

Article: “Iraq opens the door to possibilities deletion of zeros from the local currency

Context is important:  “the rumors about the Iraqi dinar at risk and prone to degradation and decline in comparison with other currencies as Read More

mike

M0 money supply is my main sticking point to adding value to the dinar.

I’m “all in” with the data from the CBI that relates to how much currency is out and I can’t see a sudden rise in the Read More

mike

Article: “Iraqi dinar is not in danger and delete the zeros Postponed

Quote: “revealing that the deletion of zeros from the currency, deferred for the time being.”

The loose translation for defer is “to put off Read More

mike

Kuwait never RV’d their currency, they just reinstated it after Saddam was pushed out by Bush Sr.

There was no full-page ad denying the possibility either…

As a note, Kuwait reinstated their currency on March 24th, 1991 at a rate Read More

mike

Article: “Deputy: Parliament on the verge of the task and the law of oil and gas in its priorities legislation

I don’t believe we’ll see an HCL until both the Kurds and Baghdad have new leadership.

Barzani and Read More

mike

Central Bank supports the international mathematical figure the “IBAN

It will …provide transparency for the Iraqi banking system.

This is part of what the US Treasury is doing in Baghdad, it will greatly reduce the funding for terrorism.Read More