Wednesday, November 20, 2013

11-20-2013 Newshound Guru Tlar

11-20-2013   Newshound Guru Tlar   The CBI all along when discussing the deletion of the zeros has stated that both currencies would be in circulation for an expected two years.  By this they meant that to pass out the new currency and collect the old currency would take by their estimates about two years. If they float the currency at 1166 there would be no people removing their hidden currency from under the mattresses ...which means there would be no rush to the banks in Iraq, no infusion of capital for to the banks and no visible amount of new accounts being opened.  All of these were said by Shabibi to be benefits they had hoped to achieve.  [post 1 of 2....stay tuned]