Iraqi Dinar RUMOR BOARD

[WayneC777]

Points of Great Stride. Iraq's Dinar is doing great.

Iraq "IS 80% Debt Free"
The bank spends $1 billion to $1.5 billion every month in oil revenue to buy Iraqi dinars on the open market, said Mudher M. Salih Kasim, senior adviser to the bank.
December 15th 2008, Iraq bought back 282.5 billion dinar
Iraq became a SOVERIGN NATION on 1/1/09
Countries are forgiving BILLIONS of Iraq's debts ... Which will mean Iraq would be close to Debt Free with their NEW START ... 80 percent reduction on sovereign debt
Inflation went from 74% down to 14% 13.6% sinse last year ... A Major Plus
The U.S. Federal Reserve (A Private Company) did in fact exchange 7.5 Trillion IQD for $5 Billion USD to accumulate $100 Million per year in Interest via U.S. Treasury Bills for Iraq.
They have to buy 5 Oil Tankers - How would they buy them at their current Dinar Value ? ? ? ...... Revalue
They have under contract to buy 5 new Jet Liners - How would they buy them at their current Dinar Value ? ? ? ...... Revalue
They said in 2008 they are to revalue the currency, but they can not because they need to get through options ... they are looking to drop 3 zeros
Inflation has also is the lowest in 17 Years
Kids are playing in the streets now.
and more, its worth your time ... later
IRD has increased in value since 2003. From 2000.00 to current 1170.00
IRD is the most secured currency in the world from fraud.
IRD is new, and the only currency in Iraq
(#1 Above) ... Debt Forgiveness ... Countries that have Forgiven Iraq's Debt

The Paris Club, wrote off 60 percent of Iraq’s foreign debts
Dubai has forgiven the nearly $7 billion Baghdad
The Bush Administration should formally call upon the European powers (primarily Russia, Germany, and France) and Arab nations (including the Gulf states and Egypt)