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Subject Iraq an economic Study

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Found this on DZ site. He wants to know if everybody thinks an RV has already taken place based on the article. hmmmmm

Economist predicts lower inflation rates; Says large amounts of cash pumping into economy
Posted: December 24, 2011 in Iraqi Dinar/Politics

Expert expects lower inflation rates .. Attributes the rise to pump large amounts of money into the market
On: Sat 12/24/2011 8:25

Baghdad (news) .. Suggested an economic expert peace Sumaisem lower rates of inflation in the Iraqi economy in the coming period, explaining the reasons for rise in the current period to pump large amounts of cash to the Iraqi market. See bolded selection

The Sumaisem in a statement to the Agency (news) on Saturday: that the reasons for increased rates of inflation in Iraq during the current period due to pump large amounts of cash into local markets through the distribution of loans and advances and salary increases, and continued: in addition to a deficiency in the production local, ie, there is great demand for the goods against the limited offer in the market, this leads to increased rates of inflation in the Iraqi market.

She: The citizens appeared to them new modes of consumption as a result of trade liberalization around the world, so it becomes the amount of goods and services sold in the domestic market is less income available to the individual that is what also lead to inflation in the Iraqi market.

She economic expert: that inflation will fall during the [b]coming period as a result of the Iraqi dinar exchange rate, which fell long ago, and now returned almost to its price,[/b] they followed the differences between the exchange rate of Iraq will be low rates of inflation in the Iraqi economy.

http://www.ikhnews.com/news.php?action=view&id=27997
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Original Message Iraq is rapidly becoming a force in world economics due to its oil reserves. What do you think the effects will be on the world economic stage. sk

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