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Aerospace

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Aerospace

Re: None

Friday, 11/07/2014 4:19:58 PM

Friday, November 07, 2014 4:19:58 PM

Post# of 29692
The dinar as an investment is a scam.
Iraq has 80 trillion dinar, 40 circulation and 40 electronic.
There is ZERO chance they could RV that amount of currency. The whole world combined currently only has about 6 or 7 Trillion dollars worth of currency in circulation.
It's insane to think Iraq could RV 40 trillion circulating dinar to $1 giving them $40 trillion in dinar, or about 5 or 6 times more currency than the rest of the world combined. A $3 rv as predicted is even that much more ludicrous. It would give them $120 Trillion worth of currency, 15 times more than the rest of the world combined.

Dow Jones Newswire: A current 25,000 Iraqi dinar banknote will become IQD25, and a dollar will equal only 1.17 dinars.

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