Reset Intelligence

Reset Intelligence – Dinar Guru   Today the [currency] operation met its first stress test…A currency change over has one weak point.  Forget the printing, paperwork and parliament.  The weak point is the morning every citizen decides whether to walk toward a [bank] counter or away from it…The [banking] rails depends on millions of Iraqis voluntarily walking what they hold into a bank.  A public that runs from banks does not walk into them holding their life savings.  Sunday a few hundred Iraqis queued to take their money out and the state’s answer was already on the record…a written guarantee…a named-deposit insurer…The day the real announcement lands, all of Iraq becomes a queue outside a bank. This week was the rehearsal for how the state treats a queue… [Post 1 of 2]

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