Replies to post #20061 on Iraqi Dinar Discussion Board (IQD)

[Rasica]

Actual circulating Dinars are less than 15T valued less than .0009/$1USD and Kuwait's are valued at $3.49/$1USD.

With the massive Iraq Government buy back (as we talked about earlier), Iraq could buy all (and even using your number of 37T which include (circulating & loans on books in cummalative) would take around 8 months or so.

So we concluded. they would not certainly buy back all the DInars at their rate of $1.5 Billion USD/Mos - as that would leave Iraq w/o and circulating Dinars or as you have shown earlier PPP money supply.

Remember, Iraq is not supporting their Dinars to the GDP only Kuwait is. Therefore once again and I think you will agree, that even when Iraq has bought the Dinar from the market place /Out on the streets, and at a tune of $1.5 Billion USD/Month, they will do the same when it is released to the GDP from investors for retirement.

Don't make me post the New York TImes Again to prove it to you. Please?