7-30-2015 *Kaperoni

[Vixen]

7-30-2015 *Kaperoni ~Article: "Securities available to the public raise the credit rating of Iraq to facilitate external borrowing" To me, it seems clear the purpose of these bonds is to get the dinar out of the mattresses and pillows and to the banks to buy these guaranteed bonds payable in dollars in 12 months. As a result, the banks get the dinar to circulate and relieve the liquidity crisis as stated..."to provide financial liquidity to limit the financial crisis". I don’t see the CBI removing dinar or reducing the money supply with these bonds.