Saturday, June 16, 2012 17:06
The decision of the zeros of a broad debate between supporters and opponents .. We wish a broader debate in the House of Representatives of universities and institutions and the rest … But an explanation of the picture, audio, and cartoons to prepare the public for this process.
However, a healthy phenomenon Valenqashat to mature opinion. Especially with the availability of all information, such as Elk hill of cash … and the number of banknotes and exchange rates, and others. When the basic information available to any file, the debate becomes positive, and not just rumors and controversies in the headlines of newspapers and news bar.
Objections to the process of cancellation of zeros dealt with potential fraud. She cited the changing currency (15/10/2003- 01/15/2004), which – and the short term – marred by stampede There is no doubt some of the acts of fraud, although that process has allowed the achievement of many things, including ..
1 – instead of the single currency at the time the major currencies and the Swiss dinar Saddam dinar and the dollar .. Than many other circulation in certain areas Kaltoman Iranian and Turkish lira and the Jordanian dinar.
2 – the single currency has allowed the organization of a successful monetary policy of the Central Bank in difficult circumstances .. Iraq reserves raised from zero to reach 58 billion U.S. dollars a day .. And control of inflation exceeding three figures before 2003 .. And reached 75% per year four years ago .. Up today to 5.2% per year .. And to maintain currency stability and strength .. Born tranquility, which markets and transactions .. The basic objectives of cash that will not reduce some of the gaps and errors.
3 – must be recognized that the central bank returned the money some people for the people .. As the calculated value of 1500 dinars = dollars when you change the currency .. And value of today’s 1180 dinars to the dollar .. Any recovered every citizen the equivalent of 21.3% of its cash holdings. Contrary to past policies that ate the cash assets to reach the dinar 3000 / dollars and more.
The objections Vsttrah the new currency. The two currencies Sttaih for a year or two. And be withdrawn gradually with zeros whenever up the banks, you will not get a stampede .. But may allow the process to disclose acts of forgery of the currency traded today .. The objections to costs, the less printing papers (1000) once traded securities, will be necessarily more powerful, knowing that the ongoing process of printing per year for the withdrawal of securities damaged or to increase the money supply.
Will not change the zeros of the value of the currency, and will help to ease currency trading and fragmentation, storage and calculation .. These good qualities of the coin, which of course the most important of stability and confidence in them.
