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Re: razy post# 18899

Wednesday, 12/24/2008 3:17:26 PM

Wednesday, December 24, 2008 3:17:26 PM

Post# of 29692
The answer to that post is LOP.
The FACTS are that back around 1980 Iraq had about 20 BILLION in M2.
The latest M2 numbers show that Iraq now has 32.5 TRILLION.
Yes... Iraq has 1625 times more currency to support now than they did back in 80.
That is the reason the dinar will never be worth much more than it is now. It's growth is limited by it's MASSIVE supply.
A 3 zero lop, like they have said about 20 times they will do, will reduce the M2 back to 32 billion and they can then have a 1:1 exchange rate.
Buy lottery tickets!!! At least there you have a 1 in 40 million chance. The dinar has NO chance.

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