InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,573.74
(
0.12%
)
US TECH 100
19,832.00
(
-0.07%
)
Dow Jones
39,530.32
(
0.39%
)
Brent Oil
86.00
(
-0.59%
)
Bitcoin
56,215.67
(
0.66%
)
Post# of 29692
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Aerospace

Send PM Follow Ignore
Followers 2
Posts 1353
Boards Moderated 0
Alias Born 10/16/2006

Aerospace

Re: AUdad post# 4773

Wednesday, 02/28/2007 8:18:47 PM

Wednesday, February 28, 2007 8:18:47 PM

Post# of 29692
As reported by the Central Bank of Iraq
In 1991 Iraq had a money supply of 24.6 billion.
http://www.cbiraq.org/Binder4.pdf
Check out table 2.
Then scroll down to table 10 to see what happened to the exchange rate as the money supply ballooned.

As of Nov 2006 that number now stands at 19.68 Trillion.
http://www.cbiraq.org/key%20financial.xls
Line 66.

Maybe you have a different word to describe a near 1000X increase… dilution works well for me.

Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up