Iraqi Dinar Discussion Board

[Aerospace]

He might answer… lol… but it will be more gibberish.
He has NO CLUE what a tight or loose monetary policy even means.
He has no clue what a floating or fixed/pegged exchange rate means.
It’s like having a discussion with a 4 year old. He just make stuff up.
Everyone knows they are buying back currency. But most people are ALSO aware that they are buying it back and reusing it to fund the budget. Over the last 5 years, Iraq has spent way over 100 trillion dinars for their budgets. The M2 is only 35 trillion now. Obviously they have been buying money back and recycling it or the M2 would be over 100 trillion by now.
It seems so simple to understand.