Mountain Goat

Mountain Goat – Dinar Guru   Article: “ECONOMIC EXPERT: IRAQI GOVERNMENT STUDYING CURRENCY CHANGE PROPOSAL TO BOOST LIQUIDITY AND STRENGTHEN THE DINAR”  Quote:  “Economic expert Haider al-Sheikh…said Prime Minister Ali Faleh al-Zaidi’s recent visit to the United States produced several economic outcomes, one of which was a proposal to overhaul Iraq’s currency as part of efforts to improve financial liquidity.”  According to al-Sheikh, the proposal currently being studied… would remove one zero from the currency as part of a redenomination process…So we can clearly see something is brewing and I don’t think its going to be only one zero deleted. I firmly believe it they do anything it will be all three zeros and then move to FOREX, pending no high inflation as a result of the changes. They will stick to the Dr Shabibi plan. This is what they actually talked about during Al-Zaidi’s visit to Washington not Al-Sheikh’s plan.

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