Iraqi Dinar Discussion Board

[Aerospace]

How many times will you mislead this board by posting that CRAP out of context. Yes they are buying back dinar, but anyone can understand that they are buying back dinar to fund the budget. Last year Iraq’s budget was 90 trillion dinar!!! We just saw an article where 60 percent of expenditures were in dinar and the other 30 percent was in foreign currency. That means Iraq spent 60 trillion dinars last year for their budget.
Where do you think that dinar comes from? Santa????
60 trillion dinar spent on the budget means they need to buy back 5 trillion a month. That 1.5 trillion you keep refering to doesn't come close to keeping up with that... and that's why the M2 is growing and is now over 32.5 trillion