Iraqi Dinar Discussion Board

[Aerospace]

So… apparently Iraq is worth 8 Trillion dollars.
They currently have about a $50 billion a year GDP, so that’s 160 years to = 8 Trillion.
Even if they double their GDP to $100 billion, that’s still 80 years to = 8 Trillion.


The United States has a $12 trillion a year GDP… multiply that by 160 years that Eddie uses and that means the United States is worth $1,920 Trillion… LOL… that’s $1.9 Quadrillion.

Does the US have anywhere near that much currency?? Nope… they have about 12 to 15 Trillion… about the same as the GDP.

As I’ve shown in the past… almost all countries have a currency amount somewhere between about 50% and 200% of their GDP.
Iraq will be on the low end of that scale because a huge majority of their GDP is from oil sales which are in dollars. They don’t need a ton of dinars to support the tiny tiny non-oil GDP that they have.

The people that have suggested a lop… the people you call stupid and brainless. That would be the Iraqi Minister of Finance, two of the Senior Advisors and the Governor of the Central Bank of Iraq.