Replies to post #20059 on Iraqi Dinar Discussion Board (IQD)

[Rasica]

Again complete hogwash Aero :O) Free Float To GDP is the Crux of Reval:

For the Record, Iraq's GDP for 2008 was $112.8 Billion (PPP) USD and 2009 Real Growth Rate is 10.9%. while Kuwait is down around 8%.

We all know that the IQD is being held down by Iraq Government/IMF to prevent over heating (runaway inflation). So far they are doing extremely well, as Iraq overall Inflation has now dipped into the minus becoming deflation.

In stock terms, this may be likened to 'consolidation'.

https://www.cia.gov/library/publications/the-world-factbook/geos/iz.html secure

Again using your Kuwait GDP you can see my point - Iraq is at .0009 to $1 USD (which is artificial) and Kuwait $3.49 to $1 USD Free Floating with Kuwait GDP!

You're right, Facts do prove you wrong again!

Many countries are bring Iraq up to speed rapidly through Debt Forgiveness and Investments into Infrastructure. If USA does not buy 1 drop of oil from Iraq the rest of the world will be doing so! Therefore let America entertain Global Warming while the rest of the Globe produces and expands.

Spain screwed up big time by giving into Global Warming Bashers, Spain is at +17% unemployment due to horrendous loss of jobs.