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Re: realest post# 25996

Tuesday, 03/27/2012 12:29:36 PM

Tuesday, March 27, 2012 12:29:36 PM

Post# of 29692
If everyone is a millionaire - you are assuming everyone has invested in Iraqi Dinar - which is not the case. I would render a guess that less than 1% of the US population has invested any money whatsoever in Iraqi Dinar's.

In terms of a burger costing $1000 - well not hardly, but when the USD collapses having IQD will act as a hedge against the massive inflation coming our way as the USD collapses. Shades of Germany where a german mark went from being worth a US quarter to being 4 TRILLION Marks to ONE US DOLLAR

I doubt that happens with the USD, the extreme swing, but significant loss in valuation is coming. That on top of a 97%+ drop in value since 1971. Some might argue we have already had extensive inflation!

When my time on earth is gone, and my activities here are passed, I want they bury me upside down, and my critics can kiss my ass!
Robert Montgomery Knight - The General

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