Thursday, January 2, 2014

1-3-2014 Newshound Guru Tlar

1-3-2014   Newshound Guru Tlar  Article:  "Auction Central Bank monetary policy threatens to collapse"   I think, and I may be wrong, but what this article is saying is that the internationals won't accept the dinar in payment but rather they want hard currency at the expense of the Iraqi economy. They get paid in USD and take the majority of it out of the country and that is hurting the economy of Iraq The first paragraph is very telling and it is a direct indictment of the CBI monetary policy for not having made the dinar international.  [post 1 of 3....stay tuned]