Mnt Goat

…another hot topic in need of review. It is the printing of more dinars that was recently in the news. So, did or didn’t the CBI print more dinars?  Article:  “CBI DENIES PRINTING MONEY TO COMBAT FINANCIAL CRISIS”  Quote: “The Central Bank of Iraq (CBI) on Sunday denied claims that it had printed money to combat the current financial crisis.”  printing more hard currency is inflationary. The higher the mass of currency the lower value for each note…As investors watching for the dinar to revalue, we don’t want inflationary measures as the IMF is watching Iraq closely and they must be able to keep inflation low to more or less 2%…Another reason for NOT wanting more dinars is that the CBI is making an effort to reduce, NOT increase the monetary mass… just one of many measures that will coincide with the Project to Delete the Zeros and the coming digital dinar. They have been priming the proverbial the pump for the main event. They have been getting Iraq ready for that final choo-choo ride. Mnt Goat