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Expert: pumping large amounts of money into the market causes high inflation
On: Sat 12/24/2011 19:10
Baghdad - Mostafa Hashemi
Economic expert said that the high rates of inflation in the Iraqi economy is due to the pumping of large amounts of cash to the Iraqi market.
She explained that the economic peace Sumaisem reasons for the increasing rates of inflation in Iraq during the current period due to pump large amounts of money to local markets through the distribution of loans and advances and salary increases. Add to a deficiency in the local productive system. Pointing out that there is considerable demand for the goods against the limited offer in the market leads to increased rates of inflation in the Iraqi market. The Sumaisem that citizens have emerged new patterns 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 less than the income available to the individual, it also leads to inflation in the Iraqi market.
The economic expert that inflation will fall during the coming period as a result of the Iraqi dinar exchange rate, which fell a while ago and now almost returned to its price, they followed the differences between the Iraqi exchange rate will be lower rates of inflation in the Iraqi economy.
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On: Sat 12/24/2011 19:10
Baghdad - Mostafa Hashemi
Economic expert said that the high rates of inflation in the Iraqi economy is due to the pumping of large amounts of cash to the Iraqi market.
She explained that the economic peace Sumaisem reasons for the increasing rates of inflation in Iraq during the current period due to pump large amounts of money to local markets through the distribution of loans and advances and salary increases. Add to a deficiency in the local productive system. Pointing out that there is considerable demand for the goods against the limited offer in the market leads to increased rates of inflation in the Iraqi market. The Sumaisem that citizens have emerged new patterns 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 less than the income available to the individual, it also leads to inflation in the Iraqi market.
The economic expert that inflation will fall during the coming period as a result of the Iraqi dinar exchange rate, which fell a while ago and now almost returned to its price, they followed the differences between the Iraqi exchange rate will be lower rates of inflation in the Iraqi economy.
[You must be registered and logged in to see this link.]
