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Re: McDinar post# 23713

Friday, 04/02/2010 7:21:56 AM

Friday, April 02, 2010 7:21:56 AM

Post# of 29700
The only main fact that needs to be viewed here is that the IQD has trillions of dinars printed meaning there is no way that Iraq can support a 1 for 1 value. It is no different then a penny stock having billions of shares meaning with that many shares it cannot support a high pps. People always refer back to when the IQD was at $3.00 but do not talk about it was printed in the billions unlike it being printed in the trillions now. The only way for this to go up is to do a LOP cutting the trillions down to billions to get a good rate.

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