Your point about the substantial reduction of IQD looks very logical b/c too much money supply means, in my honest opinion, too much inflation. If Iraq's inflation today stands at 6 or 7%, as compared to 40, 50 and 60s couple of years back, do support this assertion that M0 has been reduced substantially. JIMHO
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.