1-27-2014 Newshound Guru Kaperoni Article:
"Indicated the presence of approximately
35 trillion dinars in circulation in the financial markets attribute the reason
for the postponement of parliamentary delete zeros to the difficulty of
controlling the currency" ["My question is how can a war torn country with 35
trillion dinar in circulation possibly see a value of 1-1...When all other
countries have less than 4 trillion in circulation?"] The
answer to your question is they cannot...unless they have a plan to collect or
reduce it. And the CBI has said on several occasions..."they will gradually raise the value down to the day
they begin to replace the currency." An argument could be made that at the same time or before, they will
remove these larger notes. If so, then a gradual appreciation of the
value is possible. That is why only a float make sense at this
point. No overnight RV could or will occur.
You can find several articles or documents...to support this. Including
the IMF themselves.
