So… from $1.50 to $3.50 http://www.cbi.iq/xl&wr/key%20financial.xls Line 65… Iraq has “Currency outside of banks” (That’s M0) 21 Trillion Look at line 72… Iraq has an M1 of 32 Trillion.
So $1.50 would give them a M0=$31.1 Trillion and M1=$48 Trillion $3.50 would give Iraq a M0=$73.5 Trillion and M1=$112 Trillion
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