What if a thousand dinars became one dinar??

What if a thousand dinars became one dinar?? The project to remove zeros from the currency raises questions

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What if time went back and the thousand dinars returned

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to one dinar and all the zeros were deleted from

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the Iraqi one of the possible reasons for deleting

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the zeros from the Iraqi currency is to combat

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inflation and the nominal values ​​could become

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very high because the country is an importer and does not have

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real guarantees that enhance confidence in the currency

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national accounting operations and transactions

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the financial process may be very successful and beneficial

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and may not be successful, meaning this requires

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accounts and then a local economy is required

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stable, meaning that as long as you are an importer you will not

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have stable economic stability because there is

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movement and corruption in the markets

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and the goals of deleting are linked Zeros with reforms

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Economically, such as raising interest rates on deposits

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Banking, but in return there are challenges

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Possible to remove zeros, including the cost of printing

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New currencies and amending accounting systems

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It may lead to some confusion among the population

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And consumers, of course, all countries whose currencies

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Rely on odd and binary numbers without

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Increasing zeros shows that their currencies are strong

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Economically empowered, this country is empowered

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Financially, so the currency increases, the weaker it is

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Indicators and the weakness of the work. Economists see

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that the actual value of the money owned by

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Citizens does not change after removing the numbers, except

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that this step contributes to simplifying operations Selling

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and buying for individuals and companies and making the amounts

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financial more simple

Mahdi Gharib News Baghdad