10-28-2013 Newshound Guru Doc

10-28-2013   Newshound Guru Doc   When considering the date and rate one must keep the overall goal in mind.  First the goal is for a stable currency over the long term.  Secondly it needs to be fundamentally strong. The first goal is accomplished by having infrastructure laws in place and functioning.  They include those dealing with banking, tariffs, investment, etc.  They include the Economic Reform Act and HCl.  Without these any currency reform would fail.  Secondly, to be strong, it must be implemented within proven macroeconomic principles.  This is why the rumored high rates are preposterous.  They would destroy Iraq economically.  [post 3 of 4....stay tuned]