Aaronts

'I just checked it again and its now up to 670 IQD to $1. Its definitely moving, but the wrong direction' I think you just did the conversion in the opposite direction. One way it is 670.28 and one way it is 666.6667

It is 10 am in Kuwait right now, is anyone that said they lived in Kuwait and were going to check in the morning back from the bank yet? Why is this taking them so long?

So after reading all of this I still do not understand if a 38% pip is a good or bad thing? I understand what a pip is now, but how does this relate to the RV?

Bump. Is anyone able to shed any light on this tonight?

Also Roach, I have heard that there is at least 1 trillion dinar in the hands of individual investors, while maybe reaching up to 3 trillion. I understand how the situation might work out for Iraq and the government of the United States with a $3 rate, but with 3 trillion new dollars floating around in the hands of average consumers like us, I don't understand how the economy here will be kept stable.

Can't seem to find this thread. Does anybody else have any ideas on this or a link to the thread that the above person is talking about?

If the rate comes out at $3 plus, and there is even 1 trillion IQD in the hands of speculators can someone please explain how this is not going to cause massive inflation in the U.S.? Maybe I am missing something, but I just cannot understand how all this 'new' money coming into the country is going to work. Thanks for any explainations.