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Aerospace

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Aerospace

Re: D-Block post# 19509

Wednesday, 02/04/2009 10:06:36 PM

Wednesday, February 04, 2009 10:06:36 PM

Post# of 29692
LOL...All it means is they are buying back dinar...
We have all been aware of that for years.
There are a number of articles that explain that the dinar bought back is respent for the budget.
The CBI figures back up those articles as it shows the currency in circ has continued to grow.
It's only common sense.... Iraq has about 18 trillion in circulation now. Add up the dinar spent in the last 3 or 4 years through the budget and the number would be over 100 trillion I'm sure. It's simple logic that dinars purchased at auction are put back into the system...
and for those lacking simple logic... the articles and the numbers reported by the CBI should take care of that... :)
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