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Re: lottoplayerslair post# 11651

Wednesday, 01/02/2008 1:04:19 AM

Wednesday, January 02, 2008 1:04:19 AM

Post# of 29692
You are exactly right... it's just paper.

People love to use Kuwait as a comparison.
Click here and then click on Table 2, Money Supply.
http://www.cbk.gov.kw/WWW/index.html
The Total amount of Kuwaiti dinars that have been issued is a whopping 772 MILLION. That's not billion and certainly not trillion, it's only 772 Million dinars.

LOL... from your post... here is one dealer that will sell you 100 million Iraqi dinars at a time.
8 people make that purchases and it would top all of Kuwait.

Last I checked Iraq has about 13 Trillion dinars outside of banks, and about 9 Trillion in banks. We'll just say ¼ of that nine is issued dinars so that's a little over 2 T. So I think it's safe to say that Iraq has 15 Trillion issued dinars.... or 19,430 times more issued currency that Kuwait.
STAGGERING!!
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