Replies to post #20690 on Iraqi Dinar Discussion Board (IQD)

[Aerospace]

Yep... I posted this a year and a half ago.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29552168
While our numbers may be a little off here or there, depending on whether we used… m1, m2, or m3 and what the GDP was at the time… it still paints the same picture.

I compared money supply(converted to $s) to GDP.
(high value currencies)
Kuwait has a money supply that is 106% of it's GDP
Malta is 125%
Bahrain 64%
Oman 154%
UK 36%
Latvia 30%
Jordan 68%
USA 55%
(low valued currencies)
Korea 163%
Mongolia 17%
Tanzania 8%
Columbia 16%
Belarus 10%
Venezuela 41%
Indonesia 15%
Iran 17%
Vietnam 20%

Saudi Arabia is 41%

Iraq is currently about 20%... which is pretty much right in line with all these other countries.
If they were to revalue to 1:1 their money supply to GDP ratio would be 21600%. That would put them slightly out of line with the rest of the world.
Even 30 cents per dinar would leave them with a ratio of about 8700%... still a bit out of whack.

If they went to 200%, which is still higher than any other country on the list. The rate would still be less than a penny... about .7 cents per dinar or .007

A 100% ratio would be about .3 cents per dinar or .003