Article: “An economist calls for deleting the three zeros from the dinar to strengthen the local currency.” Quote: “He added: The monetary mass can become approximately 15 to 25 trillion (billion?) dinars and the value of the new dinar converges to the value of the dollar, which facilitates the process of calculation and allows small and new denominations of cash to appear in the money market.” The economist in the above seems to b suggesting a new dinar is to be the value of the dollar… If that is not leakage I don’t know what is. There are people on the ground in Iraq talking about the exchange rate change that is coming. This is evidence of it too. We know they printed a new issue of currency from the CBI site, imo. They spent money and large sums of money on it. To adjust to or converge to the value of the dollar, they will have a need for the new issue.
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