Abstract
Monetary dominance is a set of measures undertaken by the central bank to maintain the stability of the general level of prices and reduce inflation rates. Instead, the financial authorities should not explain the desire to increase public expenditures. This difference in motives made Iraq, in the past twenty years, a measure A fundamental rethinking of how central banks should function. This rethinking has led to major changes in how central banks operate, and we are now in an era in which central banks in many countries around the world have achieved remarkable success – keeping inflation low, while striving to grow their economies.