Thanks Rasica... you prove my point.
"A recent proposal to drop three inflation-generated zeros from Iraqi banknotes has sparked heated controversy in Iraqi economic circles, with experts arguing that the process will not boost the economy or the country's monetary mechanism."
So some people don't agree... but guess who makes the descision... THE CBI
These are the guys at the CBI
MENAFN - (Qatar News Agency) Central Banks Governor announced today it has accepted a decision to raise zeros from the Iraq dinar.
Dr. Mohammad Saleh, The Central Bank of Iraq adviser, on Wednesday, the bank's determination to proceed with the project to delete the zeros of the Iraqi dinar to convert thousand dinars to one dinar.
"We have reached a conclusion that we should take off three zeroes from the current Iraqi dinar banknotes," Mudher Qasim, the bank's senior advisor
It is no longer a matters of if... just a matter of when.
