Iraqi Dinar Discussion Board

[Aerospace]

You have not shown anything that proves M2 is shrinking.
I have given you the link for the CBI financials numerous times which have shown the M2 growing.
That is not my opinion nor your opinion, it is a fact reported by the CBI.
I have the facts and the links.
You just have... well... nothing.

I have also explained many times that the Dinar is appreciating because the CBI is adding to their foreign currency reserves which allows them to better the exchange rate and maintain their promise to the IMF that they will back the dinar at 100%. It is as simple as that. Assets must be higher than liabilities.
We've all seen the news lately, the dems especially are starting to gripe loudly about Iraq building reserves while we are footing the bill. It wont last long.

The low inflation is great for Iraq. But the fact is that countries that are thinking about lopping wait ubtil inflation is under control before lopping.