harvestime wrote on May 10th, 2015, 11:47 am: Are all these articles still lining up with the original articles stating that the 50 note will be worth the current 50,000? It seams like they are saying that they are printing the 3 zero notes. Please don't be mad at me for asking. :toma:
TOP SHELF wrote on May 10th, 2015, 11:57 am: IT IS A PLAY ON WORDS, SO LET SHOW YOU AND GREAT QUESTION THOUGH. 50 IQD = .043 USD 5/10/2015
WHEN THEY SPEAK OF A 50 THOUSAND NOTE IT IS LIKE THIS 50,000
NOW THEY CAN BE CONFUSED OR MISS LEADING FOR A REASON, IF THEY CAME OUT WITH A NEW NOTE OF 50 DINARS IT WOULD REVEAL TOO MUCH, SO THEY SAY THEY WILL HAVE A 50,000.
Top Shelf Continues: IN ALL ACTUALLTY THEY CAN CLAIM WHAT THEY WANT, WHAT REALLY GETS RELEASED WILL BE 50 IQD. THEY THEMSELVES HAVE TROUBLE UNDERSTANDING LIFT THE THREE ZEROS.
WHICH IS DONE TO KEEP MANY FROM KNOWING WHAT DIRECTION THEY WILL GO.
THE SS SHOWS OTHERWISE, REMEMBER SS IS UP TO DATE AND IT DOESNT SHOW ANYTHING LIKE THAT WITH BIG NOTE COUNTS. TOPSHELF
harvestime » May 10th, 2015, 12:46 pm • [Post 187] Once again, thank you for helping. I am so thankful you are a numbers person, and you have studied and understand the CBI spreadsheets. EXTREME CONFIDENCE is exactly what the spreadsheets and the appraisal documents have brought forth.
What a gift you have!!! Also, thank you for sharing and being willing to answer the many questions about it all. Your humility shines brightly. You, Frank, Delta, Walkingstick, Z, Aggiedad, Backdoc and Thunderhawk (and all others not mentioned) are the GREATEST!!
What a privilege to have you all providing integral pieces of the picture. Together, the family is provided with glimpses of the entire masterpiece.
ThunderHawk wrote on May 10th, 2015, 10:07 am: Economic adviser Ebadi: Print large cash categories is an important step on the road to monetary reform
Said Advisor to the Prime Minister of Iraq for Economic Affairs, the appearance of Mohammed Saleh, that the draft Print Central Bank of Iraq large cash categories, an important step on the road to monetary reform, which supports the country's economy, pointing to a market need for large denominations,
and to handle a very large monetary blocs in Iraq, especially that cash payments outweigh the instruments to deal cards and electronic payments.
He pointed out that the "Print large cash categories project is not about monetary policy but the payments system management, pointing out that this plan will be condensed amounts of money, especially large groups that make up 90 percent of the money supply in circulation."
He explained in a statement that "put these large groups is to put the monthly same amount of money supply in the market but different categories, and not increase the original amount. He ruled out the potential for inflation by the implementation of the project, pointing out that" the central "does not lend the government."
"In the case of lending to the government and the issuance of large cash categories can get inflation in prices, as the country suffered a contraction in liquidity, whether in dollars or dinars with total money supply in Iraq size less than 40 trillion dinars (about US $ 31 billion).
The traders in the currency market fears of a new high amounts of cash currency issue, pointing out that such a measure would lead to the loss of monetary value, as it is imperative that any action aimed at revitalizing economic sectors.
rrrfury » May 10th, 2015, 1:05 pm • [Post 191] IMO only, This does not sound good for us,I guess it wasn't a miss print it sounds like they mean business and they will start collecting the 25,000 out of there market and the USD and there 100,000 bill will be there worth around 100.00 dollar US, so then they get the USD out of there country. IMO only thanks
iggy » May 10th, 2015, 1:19 pm • [Post 192] this article did not say what you are stating...
do you realize the largest note in Kuwait is a 20 dinar note...imo...for iraq...anything over a 25 dinar note will be the large cash categories in circulation...what we have will be taken in...just like the USD...imo
Blessings to you rrrfury...
walkingstick » May 10th, 2015, 1:54 pm • [Post 200] BFBR.................
Wide Acceptance For The Issuance Of Large Cash Categories
5/5/2015 Excluding impact on the purchasing power of Baghdad - the joy of pumice met project printing large cash categories by the Central Bank acclaimed by experts in the economy, Adin him part of the monetary reforms that support the country's economy.
The Governor of the Central Bank had announced during Tadhaifa by the economic and investment commission in Parliament yesterday that the bank in the process of printing new financial category value of 50 000 dinars to enhance the efficiency of the payments system.
The Economic expert d. The appearance of Mohammed in favor of this approach, noting that the country needs large cash price categories because of the configuration in Iraq, as it is dealt format (10) 12, any deal trillions, as well as handle very large blocks of cash in the country any cash payments represented more than monetary instruments and cards and electronic payment.
According to Saleh in his statement the "morning" that these trends are not related to monetary policy, but rather to increase the efficiency of the payments system management (cash management policy), where he will be short of money amounts, especially as the large categories account for 90 percent of the money supply in circulation.
He said the way Ask these large groups, saying it is asking the same monthly amount of the money supply to the market, but in different categories, either small groups or large, and not increase the amount of the original, considering that this project is part of the reforms that support the economic side in Iraq.
As for some fear of causing in the case of inflation due to the introduction of new monetary categories, Fastbad favor of it, explaining that the central bank "does not lend" the government, either in the event of lending it to the government and the issuance of large cash categories of possible inflation caused deterioration in prices, as the country is suffering from contraction in liquidity for the currencies of the dinar and the dollar,
especially as the currency bloc in Iraq less than 40 trillion Danar.otsud beliefs in the community impact of printed denominations in purchasing power and rising commodity and freight rates, but the observers and specialists economists refuted these beliefs,
stressing that do not impact directly on the citizen in it, but improves the efficiency of the payments system is in the interest of the country economically, especially in light of the circumstances that are currently going through.