Dinar: Dr. Shabibi answering revaluation and redenomination questions

Original Footage by: Frothbucket. Video edited by coquidinares. Date: Abril 19,2011 Location: US Chamber of Commerce Washington, DC Dr. Shabibi answers a revaluation and redenomination question made by two attendees. Transcript: Question: Revaluation With respect to the ongoing and need of stability in Iraq and its exchange rate, we did not follow that there is a direct need for a potential revaluation of the currency to its due for domestic and foreign investment in Iraq, and in regard to that, how far you believe we are from a potential revaluation of the Iraqi currency. Shabibi answer: Well thank you very much for this question and the ... ahmmm ....... even if I know the answer I cannot tell you .. (laughter) the thing is ... you cannot have an economist saying answer depends, so the question here is if revaluation is really going to depend on what extent we are going to continue controlling the inflation.. as you know, if you go to the Central Bank website ... the first job is main