I’m new here, so this may be a dumb question. Is it possible they are scrambling to get loan(s) so they can use it to buy back Dinar to reduce to money supply before a RV? Logically speaking, the more supply they can take out of circulation now, while the exchange rate is still low, the higher the RV rate could theoretically be.
Also, per the below at the 14:15 marker, Trump mentions the US holds $35B worth of Dinar. If true, that would mean the US holds about half of all the dinar in circulation. Given the US has been losing its stronghold of the petrodollar, it’s inevitable collapse poses a huge risk to the US. If they were to move the Dinar to be the new de facto petrodollar, holding a significant stake in the Dinar would be the way to do it without collapsing the dollar. Have the implications of such a transfer of global power ever been contemplated into potential rates?
I’ve also been trying to do some back of the envelope math on what a reasonable rate cold be given the M1 money supply, which is ~$89T IQD per the below link. Given how fast things are moving, do you think that is an accurate figure? If true, any rate above $0.06 would mean the supply of IQD is greater than that of the USD. I find that difficult to wrap my head around, but it’s possible the points I mentioned above could reduce the money supply; thus, increasing the IQD rate at which that occurs. Curious to get your thought on if I am thinking about these topics the right way and any key factors I may be missing.
https://tradingeconomics.com/iraq/money-supply-m1
