صوت العراق) - 18-02-2010 (Voice of Iraq) The Iraqi dinar and zeros again
بقلم: د. By: Dr.. سلام سميسمPeace Smeisim
Colorful statements and attitudes towards the subject is no longer relevant as the new conversion to its subject matter be raised around the eternal debate between the Laue and the other, and therefore placed zeros and determine the value of the Iraqi dinar was still a recent and a cause for debate between the defender and between the heterozygous and amazed time and time and choose subject.
Has contributed to this side and humility, more than once in recent years, and from several locations.
We have shown more than once that the real value of the dinar is the target and the actual and this value is the amount of goods and services that can be obtained from the use of monetary union and the meaning here of the Iraqi dinar.
The other value is the monetary value and often Matkon digital format is for the tracker and exclusively concerned indicator and barometer for the strength and position of the currency.
And then Valasfar Kamithahi and an important part in the drafting and but not necessarily a measure of the currency's strength or weakness, and here one must refer to a subject of great sensitivity and is the phenomenon of illusion cash
MONEY ILLUSION MONEY ILLUSION
The presence of zeroes may suggest the value of increasing or high monetary union, and as you hear now in Tdaullacna figures that exceed thousands
Demonstration of the value of the item Fetman pieces of bread a thousand dinars, for example, and may seem a thousand dinars and a very big figure, but in fact equivalent to less than that about a thousand times that is exactly what reflects the true value of the currency, and then the nominal value does not represent a real benchmark for the value of the currency or power and thus here is the citizen into the trap of illusion as cash when you tell him you will get a pay by 100000 hundred thousand dinars, that is the nominal income The income is the amount of real goods and services that that person can be obtained through use of this income and then value of zeroes here has nothing to do with it and also if you omit the fact is the same yellow and here it should be noted that the lifting of the zeroes will not be an improvement in the value of the Iraqi currency as the illusion of the Iraqi individual strength of the currency or to breathe life into the Iraqi dinar until the condition and the new or rather, re-adaptation of the Iraqi currency Beauty and the image without improving the real value!!!
It may be useful to refer here to what determines the value of the currency is linked to the development situation of the economy at large scales external deficit or surplus is one of the most important factors as the existence of old lady in the external balances help decrease the value of the currency by increasing the demand for foreign exchange in order to fill the shortfall and its obligations and that are in foreign currency this process, "any increase in demand for foreign exchange" is a direct impact on valuation, and economic status.
Nutshell, the road and the currency to strengthen them depends on a combination of factors are in the end, the strengthening and development of the economy and its sectors.
Therefore, the zeroes would not be a play to save the currency as much as address the critical mind to monetary union, the Iraqi trader and try to create hope in the hearts of Iraqis is not only!!
Did not improve the economy and our budget where this balance of payments deficit and is suffering from economic mismanagement in all joints.
Will not work, but on the performance of a new representative first, and least the factual lives of ordinary citizens that make it a target for monetary illusion trap that income improvement and became the highest value than ever before.
Another matter that must be alert to this process, which is talking about is not concerned with affairs on the table and not in the appropriate time and not in the right place also in a time when the country's legislative elections, the throes of a new phase in the privacy of all Matnih word meanings and the emergence of threatening almost the entire electoral process only and are reluctant to enter the Iraqi voters in the process and for contributing to all climates Aiklq appropriate to put such an issue at this time exclusively unless there Maikhvy of our minds we are Iraqis and to Ayalmh but God and are firmly grounded in science.
The launch of the call to preach the project to delete any zeros effects of panic in financial markets, and we know that the financial markets, but based on the element of expectations and you can imagine how is the size of the fears generated among individuals because of it and especially when it comes to savings in the banks, Iraqi and in the Iraqi currency, and then there is payment term and salaries and pension entitlements and the stock market and and and and
Is the expense of all that, and you bear the Iraqi reality such a major event and at this particular point in the days before the election ???????
Does the Iraqi citizen to a new lesson in restraint, or is it a test of its ability to absorb the crisis??? ام هو ارهاب من نوع جديد؟؟ Or is it a new kind of terrorism??
اتقوا الله في العراق و
بقلم: د. By: Dr.. سلام سميسمPeace Smeisim
Colorful statements and attitudes towards the subject is no longer relevant as the new conversion to its subject matter be raised around the eternal debate between the Laue and the other, and therefore placed zeros and determine the value of the Iraqi dinar was still a recent and a cause for debate between the defender and between the heterozygous and amazed time and time and choose subject.
Has contributed to this side and humility, more than once in recent years, and from several locations.
We have shown more than once that the real value of the dinar is the target and the actual and this value is the amount of goods and services that can be obtained from the use of monetary union and the meaning here of the Iraqi dinar.
The other value is the monetary value and often Matkon digital format is for the tracker and exclusively concerned indicator and barometer for the strength and position of the currency.
And then Valasfar Kamithahi and an important part in the drafting and but not necessarily a measure of the currency's strength or weakness, and here one must refer to a subject of great sensitivity and is the phenomenon of illusion cash
MONEY ILLUSION MONEY ILLUSION
The presence of zeroes may suggest the value of increasing or high monetary union, and as you hear now in Tdaullacna figures that exceed thousands
Demonstration of the value of the item Fetman pieces of bread a thousand dinars, for example, and may seem a thousand dinars and a very big figure, but in fact equivalent to less than that about a thousand times that is exactly what reflects the true value of the currency, and then the nominal value does not represent a real benchmark for the value of the currency or power and thus here is the citizen into the trap of illusion as cash when you tell him you will get a pay by 100000 hundred thousand dinars, that is the nominal income The income is the amount of real goods and services that that person can be obtained through use of this income and then value of zeroes here has nothing to do with it and also if you omit the fact is the same yellow and here it should be noted that the lifting of the zeroes will not be an improvement in the value of the Iraqi currency as the illusion of the Iraqi individual strength of the currency or to breathe life into the Iraqi dinar until the condition and the new or rather, re-adaptation of the Iraqi currency Beauty and the image without improving the real value!!!
It may be useful to refer here to what determines the value of the currency is linked to the development situation of the economy at large scales external deficit or surplus is one of the most important factors as the existence of old lady in the external balances help decrease the value of the currency by increasing the demand for foreign exchange in order to fill the shortfall and its obligations and that are in foreign currency this process, "any increase in demand for foreign exchange" is a direct impact on valuation, and economic status.
Nutshell, the road and the currency to strengthen them depends on a combination of factors are in the end, the strengthening and development of the economy and its sectors.
Therefore, the zeroes would not be a play to save the currency as much as address the critical mind to monetary union, the Iraqi trader and try to create hope in the hearts of Iraqis is not only!!
Did not improve the economy and our budget where this balance of payments deficit and is suffering from economic mismanagement in all joints.
Will not work, but on the performance of a new representative first, and least the factual lives of ordinary citizens that make it a target for monetary illusion trap that income improvement and became the highest value than ever before.
Another matter that must be alert to this process, which is talking about is not concerned with affairs on the table and not in the appropriate time and not in the right place also in a time when the country's legislative elections, the throes of a new phase in the privacy of all Matnih word meanings and the emergence of threatening almost the entire electoral process only and are reluctant to enter the Iraqi voters in the process and for contributing to all climates Aiklq appropriate to put such an issue at this time exclusively unless there Maikhvy of our minds we are Iraqis and to Ayalmh but God and are firmly grounded in science.
The launch of the call to preach the project to delete any zeros effects of panic in financial markets, and we know that the financial markets, but based on the element of expectations and you can imagine how is the size of the fears generated among individuals because of it and especially when it comes to savings in the banks, Iraqi and in the Iraqi currency, and then there is payment term and salaries and pension entitlements and the stock market and and and and
Is the expense of all that, and you bear the Iraqi reality such a major event and at this particular point in the days before the election ???????
Does the Iraqi citizen to a new lesson in restraint, or is it a test of its ability to absorb the crisis??? ام هو ارهاب من نوع جديد؟؟ Or is it a new kind of terrorism??
اتقوا الله في العراق و
Fear God in Iraq and the Iraqis الخبير الاقتصادي د. D, an economist. سلام سميسم Peace Smeisim
