Article: “Central Iraq” supports the currency delete the “zeros” dinar”
A couple of things… technically, Iraq does not need to be in Article VIII for currency reform.
They can do that at anytime.
It is clear that the intent is to float the dinar or gradually raise the dinar over time which will raise the value of the dinar and raise the zeros.
The IMF made it very clear (referring to the Ballassa Samuelson Effect) in 2012, and the CBI stated just last year they plan to bring out a 50, 100, 200 early 2017.
Both of these statements only make sense under the circumstances I am explaining.
LOP’s affect all notes at the same time, would not need 10 years to transition, would counter all statements made a few years ago by Saleh (the dinar will be held around the world for a very long time, etc), etc. etc.
