DancinFool

My concern is the information on page "47". In summary, the primary control for economic stability for the CBI is the exchange rate and the statement that they intent to keep it as it is for some time to maintain that stability. This seems to indicate there will not be an RV any time soon to ensure stability of the economy and hold down inflation. Just my read on it.

Link worked for me. The article brings up an interesting point. Are we, as investors, helping to stabilize the Iraqi economy by pulling dinars out of it and holding down inflation? If all of the dinar held by investors were returned to the open market the resulting glut would/could cause prices to rise against effectively worthless paper. Just a thought - seems like we did something like this in the 1970's when we printed money just to have more to circulate.

Doc, great post as usual even without the numbers thrown in for veracity. I can relate to the blue faced kid! Have a Happy New Year's day.

Closest I could get... http://www.cnn.com/2010/WORLD/meast/12/18/iraq.politics/index.html?iref=allsearch

This looks like the best copy I could find... http://www.globalsecurity.org/military/library/policy/national/iraq-strategic-framework-agreement.htm