Iraqi Dinar Discussion Board

[Aerospace]

You guys have to stop thinking about the value of the oil in the ground and thinking it has anything to do with currency value... it doesn't.
You also have to stop thinking about exchange rate... it is pretty irrelevant. You have to multiply the rate by the m2 and come up with a dollar value for their money supply.

I did that for every GCC country and compared it to their GDP.
Money supply value is VERY related to size of economy. It makes perfect sense. The bigger the economy, the more money needed. That’s why the US, China, Japan, the EU countries combined… they have huge money supplies because they have huge economies.
Iraq has a tiny economy. There money supply as it is fits perfectly with the other countries.
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