Replies to post #25996 on Iraqi Dinar Discussion Board (IQD)

[Mr. Bill]

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!