Iraqi Dinar Discussion Board

[Kubisiak5]

Lol ok you got me with one teensy tiny part of a books worth of rebuttles. An entire nation of people lost their asses, then were returned to normal almost overnight. Some people could have climbed on board at the right time and made good money. But that was a different situation which clouds my "not possible" call. My point of that singular mostly insignificant call was that everyone and their mother would be piling into Dinar if those types of gains were probable. The Kuwait situation was a freak occurence, not a telegraphed situation like this has been. Wed be hearing of investment funds dumping millions and billions into the Dinar if it was such a sure thing, which in turn would trigger a wealth creation of trillions overnight. Thats just not going to happen IMO. And that was market forces valuing the Kuwaiti dinar.....those few who bought low made out as demand roared in driving it back up after a war crashed it.

If Iraq did on their own what Kuwaits market did what do you think would happen? Everyone and their mother would be selling their Dinars back into dollars and that would tank the price down to its true market value. A beatup country just doesnt get to create HUGE amounts of wealth overnight regardless of what Bushs supposed plan was. Remember, we went in their on the WMD LIEs anyway. We should all burn in hell (if there was such a thing) for invading an innocent country.