Tlar “The article implies that the zeros that are being deleted are not the zeros on the currency.” (More Tlar comments at the end)
Brule Expert: delete the zeros supports the national currency and reduce inflation in the country
BAGHDAD / ... confirmed an economic expert d. Peace Sumaisem, on Thursday, on the importance of the subject of the deletion of zeros from the Iraqi dinar, considering it as a support of the national currency, and a reduction of inflation in the country.
"The country suffers deficit as Iraq does not it can support its currency unless received grants from third parties, and whether this possible implementation it is important,
reframes the value of the currency indirectly supporting the national currency, and when structuring currency returned it reduces inflation Iraq ". Finished /
Brule Who is Dr. Sumaisem someone asked? Well, a woman for starters!
said Smeisim told summarized by the independent press (Iba): that media sources published news nominate four names for the position of Governor of the Bank after Shabibi including my name, saying:
they did not nominate the name of any party or to take over as governor of the bank. considered: the process of publishing the names of candidates for governor just issues speculative to confuse public opinion and divert attention from issue central bank real and works of public opinion fictitious names to designate a person far from the center of the central bank.
This was published by some media sources in the central bank as saying there are four names nominated herself for the position of Governor of the Central Bank are Zia Alckheon and Ahmed and peace Sumaisem and the appearance of Mohammed Saleh.
provided names to Prime Minister Nuri al-Maliki to choose one of them by a committee formed by the government in the event of Shabibi's insistence on staying out of Iraq.
Tlar The article implies that the zeros that are being deleted are not the zeros on the currency.
She reiterates that they are going to "delete the zeros" and then "restructure the currency".
If this was a move to lop she would definitely have stated it differently.
She might have said something like we are going to delete the zeros off the currency.
It is understood that if you delete the "leading" zeros off the nominal rate, that it follows you would have to restructure the currency.
Phrasing here is very important as it allows us to see inside the project exactly what they are going to do. Of course this assumes she is an insider with accurate information.
The way she phrased it, it is an RV only. If it were a float only, again she would have phrased it differently maybe saying something like the intentions are to allow the currency to get to a dollar and when it does we will restructure the currency.
She certainly thinks and talks like she is an insider with accurate knowledge of the project, but the question remains she is privy to the actual rate or is just stating this because it has a long time goal of Shabibi's. tlar
Sumaisem said, in a statement to "Ein Iraq News", "delete the zeros includes two basic objectives", "the deletion of zeros", and the "restructuring of the Iraqi currency",