TLAR: Don't believe anything you read concerning when this will happen. Let's look at the facts. They want the ration card shut down in March. The bank is still following Shabibi's plan.
They are still mopping up dinar with the auctions. They are trying to become members of the WTO. They obviously want out of Chapter VII. They need the investment as they themselve have stated. More Discussion Below Article
Change in Iraqi Currencies
Central Bank adviser Mohammed Saleh, said that the bank is serious in executing the deletion of three zeros from the national currency of Iraq in near future.
Salhan said that it depends on at the present time to shape the next government and parliament two new Saokhman upon themselves determine the mechanism under which the function of deleting the zeros from the Iraqi dinar.
Read More Link On Right
He also said that deleting the zeros would contribute to the reduction of the size of inflation and also to the reduction to the size of money supply in the market of 26 trillion Iraqi dinars to near about 25 billion dinars, pointing that the Kurdish language is going to be added to the new currency as well as English and Arabic.
He added that the huge number of funds traded in the market let to get puzzled in the large commercial transactions and in the work of banks, adding that deleting three zeros from the Iraqi currency will direct to reform the management system of the national currency and thus develop and refresh the Iraqi economy. http://iraqdailyjournal.com/story-z6779702
SADIE: Since that article was from Dec. 1. I guess we got our answer today in the article posted by Kap and Ellie, that stated although deleating the zero's was neccessary (for a whole number of reasons) that it would NOT happen in 2013....for only one reason...the government said so...
GAINSMORE: Saw a post about an article claiming a arrest warrent for Saleh was issued..( the appearence of.... what is up with that?- getting all metaphysical on us... yeah everything is an appearence..).
If true and taken literally, the prime menace is at it again doing the thing he is known for- claiming an exclusive right to be the only one who is corrupt....
WGW242: Evidently, Malicki is determined to keep the "weak Dinar" policy, until it suits his needs to RV or Float it. JMO
CARRELLO: I only have one personal sentiment to add to the dialogue: I am so sick of these people I could scream and I am sick of reading the same bs over and over and over. Do they realize how they look to the rest of the world? They should be **** lucky to me to even have one natural resource to make any money off of, not to mention shattering amounts of potential revenue and prosperity.
They need to look what they have and stop stealing what they think somebody else is stealing from them. This should be the happiest country on the planet. They should be Disneyland, but they are nothing more than mickey mouse. .
DRSZN: Outstanding post and I agree completely, Carrello. That's why I have been using the words LOGIC and LOGICAL in my posts.Indeed the Iraqis should be grateful for the natural wealth in their land. Instead illogic, slander, anger and corruption are the qualities they live by. It's good to be part of the DA team. It would be incredibly painful to interpret this stuff on my own!
TLAR: . Don't believe anything you read concerning when this will happen. Let's look at the facts. They want the ration card shut down in March. The bank is still following Shabibi's plan.
They are still mopping up dinar with the auctions. They are trying to become members of the WTO. They obviously want out of Chapter VII. They need the investment as they themselve have stated.
The ISX is coming to the front burner. They need tariffs now. They’ve already raised fuel and electricity proving their serious about the rations. The IMF loans are due Feb with most likely no more extensions.
The Cbi has stated once again their ready. How can anyone believe what they are now saying. They can wait another year? Hog wash. Who on here believes that this article would say: we have decided to remove the zeros in Jan 2013? I've got some land I would like to show you.
Don't believe these guys. They have many reasons an d motivations to not disclose their plans.
TLAR: Carrello, I am not sure why you expected more from these people. 50 years ago they were Bedouin nomads. These camel jockies are not yet in the 21st century. It will be years before they even realize that a government is supposed to represent the people.
Don't get excited when their stupidity comes to the forefront. They know nothing different. The only shame is that they are not the only ones like this. The middle east is fraught with the same problem.
Be glad that they have the oil. It eventually will bring them....and you wealth. They eventually will get there. Remember, it took the USA 18 years to write and ratify the constitution and we are not there yet ourselves.
CARRELLO: Tlar, I don't expect anything from Iraq really. It was my own personal frustration I was venting, which shouldn't be a part of the dinar discussion here. But just as the Iraqis are only human ,so am I, but this is what happens when you (me) has a myopic view of anything; you see the warts up close.
If you read the Iraq newspapers you see all of the other activities going on in Iraq: soccer, scholarships, medical research, construction, women's issues, music, and poetry, and it would seem that we may be more focused and emotional over what is happening than the Iraqis.
TLAR: Carrello, those same warts can be seen in our own government and we are 237 years old.
CARRELO : I am well aware of our own warts. I have worked in local to federal politics for decades to support individuals and issues that I believe would better our country.