Daytrader

Daytrader – Dinar Guru    JMO, there are two reforms taking place in Iraq that are co-dependent; monetary reform and economic reform.  The economic reform provides jobs on several levels…People with jobs earn money, then spend money in many areas; food, shelter, clothing and the list goes on. Those purchases will require businesses to replenish their stock, which drives the need for more product manufacturing, more raw material needs and more agriculture development.  This circular process drives the flow of money in any economy.  …This process is critical for the CBI’s success as demand for a currency determines the effectiveness of a monetary reform program.  However IMO, the CBI must reach a point in the monetary reform process where the value of its currency will attract direct foreign investment (DFI) as the trigger for economic reform.  [post 1 of 2….stay tuned]

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