Iraqi Dinar Discussion Board

[sparkplug]

I think u may need to check your facts, the dinar was at approx. 2.80 per US$ in the early 70's and when the dollar was devalued in '73 it cranked up a tiny bit to over the $3/dinar inthat year the GDP doubled and was at about 13 Bil considered #41 in the world scale of GDP. Up until the 90 or just about the gulf war, the GDP hit between 40 and roughly 50 Bil and thats during the years Saddam was in the printing mode and conterfieting or who knows what and Iraq has never had a GDP of 130 Bil. If anything he was a spending fool on building his war machine with 3rd class russian bs equipment at the same time devalueing the dinar with his xerox machines.