Zig’s Place Chatroom News Sunday PM 8-29-21
Zig’s Place Chatroom News Sunday PM 8-29-21
Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here
NORV LOP article today!
Dave NORV ????where? another op-ed from some economist? or from CBI?
NORV Delete Zeros
According to the economic advisor to the Prime Minister, Mazhar Muhammad Salih, one of the reasons for the disappearance of small groups is “the unbridled inflation that hit the Iraqi economy in the nineties of the last century, which added three digits to the Iraqi monetary unit (that is, one dinar became equal to one thousand dinars, and ten dinars became ten thousand dinars).
And so for the rest of the categories) while the small categories disappeared from circulation completely, but every 250 fils became equal to 250 dinars and was considered the smallest monetary unit in circulation today, which raised the cost of micro-transactions that mostly affect the poor segments.
NORV LINK
He added, “In this way, monetary systems aspire to remove the burden of historical inflation from the folds of the monetary unit by resorting to deleting three zeros from the old currency to equalize the new currency with lower numbers but with the same value. Let’s say, for example, that one new dinar equals 1000 old dinars without change in value or rights. .
The accounting books, statistics, numbers and computer systems are also modified with the value of the new currency within an easy and easy reform strategy, and the countries believe that the slimming of the currency system facilitates the circulation of accounting numbers and helps to issue smaller cash denominations for very small transactions whose monetary values have been destroyed by historical inflation in our country such as the dirham and others.
He said: “The project to delete zeros in Iraq is still technically prepared by the Central Bank of Iraq, which is the official sectoral authority and the monetary authority concerned with this matter and in cooperation with all three state agencies and authorities, but the project is postponed at the present time until the appropriate conditions are achieved and remains part of the currency system reform strategies. and cash payments in Iraq.
NORV Nope former CBI deputy gov Salih
Dave “The project to delete zeros in Iraq is still technically prepared by the Central Bank of Iraq, which is the official sectoral authority and the monetary authority .....
NORV 1 dinar = 1000 dinar
NORV LOP
Dave Break out your wheelbarrows......
Zig Here we go again....lol
NORV :Pizza:
Dave What about CBI's statements to increase its purchasing power.......Miss that part?
Zig GO FLOAT!!
Dave Zig Managed or free...2 types
NORV Dave they can LOP and raise it. that is an increase lol
Dave wheelbarrows fer how long?
NORV Zig yup!
NORV :Float: :Float: :Float:
Dave FREE Float or MANAGED?
Zig Free
Dave keep asking Kap?
Dave Zig YET CBI states Nix to that?
NORV another good one....
Zig Free but I think the CBI can intervene if necessary.....right Kap??
NORV good photos!
NORV LINK
Dave Zig Zig Zig CBI's job not Kaps
NORV Zig i just read the facts on how shit works
Dave NORV HEHE fails to read CBi's statements
Zig Dave : Kap has been studying this longer than the CBI has.....lol
NORV http://i0.wp.com/yesiraq.com/wp-content/uploads/2021/08/maxresdefault-1.jpg?resize=696%2C392&ssl=1
Dave DOH....I failed grade 3 3 times
Zig I just wanna make a few bucks.....Jeez
Butterfly Dave That is with every country.........CBI!
Zig butterfly : Say hi to my good buddy @Kap!!!
NORV Dave stick to CBI. They know.
Zig butterfly : @Kap will turn out to be right after everyone doubted him....you'll see...hate it though....lol
NORV Zig lol
Zig Hard for one person to stand up against everyone....
NORV LINK
NORV The Iraqi Finance Minister supports the floating of the currency 2021-08-26 16:50:00
NORV :Fingerscrossed:
Zig I wanted so much to believe we would get rich quick....Sigh....oh well
NORV :Float:
butterfly Zig I will bring this up again from my Iraqi dealer at silvergreetings told me..........Stop listening to people (he was being polite) because NO ONE will know if or when the value of the dinar will change...........it will be international news and everyone will know at the same time.
Zig Yeah....Yeah
butterfly LOL
NORV No secret military intel butterfly ?
Zig butterfly : I bought from them too....I think i mentioned that to ya
butterfly I am excited the progress in Iraq.............it is totally awesome..............other countries wanting to invest in Iraq.
butterfly NORV NO
Zig I agree....very promising
NORV Progress is all we can ask for
Zig It's the same old song....all we can do is wait....or sell....simple choice really :Waiting: is what I will continue to do.....How long will my patience last?? :Don't know: Getting tired though....
butterfly can you continue until 2024 Zig
Zig I suppose....lol But I wonder how many will have sold their Dinar by then :Think:
butterfly https://ninanews.com/Website/News/Details?key=924429 .........................
Chairman of the Board of Commissioners: Announcing the preliminary results of the elections within 24 hours .. and the United Nations will have a greater role than before
Sunday 29 August 2021 22:41 ....................The head of the Board of Commissioners at the Electoral Commission, Judge Jalil Adnan, confirmed: "The announcement of the preliminary results of the elections will take place within 24 hours."
In a televised statement, he said: "All legal procedures and regulations have been completed," noting: "The first simulation encountered some problems that were overcome in the second."
Judge Adnan added: "The human resources for conducting the elections have been completed," noting: "The number of applicants for polling officials amounted to about 800,000, of whom 320,000 were chosen by lottery."
The Chairman of the Board of Commissioners indicated: "The United Nations will have a greater role than before in supporting the electoral process, and more than 150 international observers will be deployed throughout the regions of Iraq.'
Butterfly https://ninanews.com/Website/News/Details?key=924435 ...............................
Taliban bans music and women's voices on TV and radio in Kandahar
Sunday 29 August 2021 23:10 ................. The Afghan Pajhwok News Agency, quoting the Ministry of Culture and Local Information, reported today, Sunday, that the "Taliban" movement banned musical compositions and women's voices on television and radio stations in Kandahar province in Afghanistan.
Raha Press also reported that "the women began to face challenges in their daily lives, despite the Taliban's promises to allow them to work and study in accordance with the provisions of Islamic law."
Previously, the "Taliban" movement stated that "the Afghan female employees of the future will be able to assume their duties after complying with the rules it sets."
The Taliban said earlier that it "intends to publicly ban music inside Afghanistan, because it considers it un-Islamic." This decision is not new to the movement, as the ban on music was among its strict rules in the 1990s, when most Forms of music, excluding religious hymns.
Butterfly https://ninanews.com/Website/News/Details?Key=924443 .....................
Unidentified gunmen attack the office of the rapporteur of the Parliamentary Integrity Committee
Monday 30 August 2021 01:12 .................... The office of the rapporteur of the Parliamentary Integrity Committee, MP Abdul-Amir Al-Mayahi, was attacked by unidentified gunmen.
The Parliamentary Committee stated, "The office of the committee's rapporteur, Deputy Abdul Amir Al-Mayahi, located in the Abu Sakhir area, north of Basra Governorate, was attacked yesterday evening, Sunday, by unidentified gunmen who were riding in a vehicle, and they were confronted by the office's guards."
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