Instead of pulling them out of your butt, how about some real numbers.
If Iraqs GDP were to grow 40x that would give them a GDP of $2 trillion a year.
Sorry, but that isn’t going to happen in our lifetime.
Saudi Arabia currently has a GDP of close to $400 billion.
That is a realistic goal for Iraq… but that will even take years and years.
That would be an increase of about 8x.
SA has 1st GDP, 382B… and 1st money supply $240B
UAE is 2 GDP, 190B… and 2 money supply, $220B
Kuwait 3 GDP, 115B… and 3 money supply, $77B
Qatar is 4 GDP,73B… and 4 money supp, $41B
Iraq is 5 in GDP, 50B… and 5 money supply, $26B
Oman is 6 GDP, 40B… but 7 money supply $19.5B
Bahrain is 7 GDP, 17B… but 6 money supply $21B
Iraq's currency is worth $26 billion and puts them right in line with their neighbors.
As you can easily see... GDP and money supply are very related. When compared to their neighbors... Iraq is right about where they should be. As their GDP... non oil GDP in particular... grows... so will their money supply.
