Sunday, June 29, 2008 6:07:21 PM
The claim that circulating dinar is being reduced is a blatant lie.
Look at the highlighted line in the chart. That is currency in circulation. Iraq has been buying back their currency for years, but it is to fund the budget. It is put right back into circulation as proven by the chart. The same people that report the numbers quoted for buying back the dinar are the same people that publish this spreadsheet. The Central Bank of Iraq. You can't believe one without believing the other.
As you can see... the number is steadily growing. It is not decreasing as some try to claim.
Look at the highlighted line in the chart. That is currency in circulation. Iraq has been buying back their currency for years, but it is to fund the budget. It is put right back into circulation as proven by the chart. The same people that report the numbers quoted for buying back the dinar are the same people that publish this spreadsheet. The Central Bank of Iraq. You can't believe one without believing the other.
As you can see... the number is steadily growing. It is not decreasing as some try to claim.
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