11-22-2013 Newshound Guru Kaperoni

11-22-2013   Newshound Guru Kaperoni    [How long do you think the large notes will be good?]  the CBI said institutionally they will accept them for up to 10 years but if you dont buy that..the IMF has a rule...any IMF member who does a currency change, must honor their currency for at least 12 months so you have at least a year.  under shabibi the CBI complied with the IMF and if they would have requested Article VIII it would have been granted and the dinar would have begun to rise.  under Turki the monetary policy is a mess.  the outside pressure is building around Iraq to make changes.  they cannot sit and do nothing much longer.  [post 2 of 2]