Raise the three zeros from the Iraqi currency

[dinarbeleiver]

3 hours ago, Synopsis said:

 

I suspect the IQD will be valued, at least partially, based on the amount of Iraq's natural resources.  With the immense natural resources Iraq has, the IQD should be one of the strongest, if not the strongest, currency in the world.  The US, unfortunately, exported inflation through the gradual decline in the USD value.  Comparatively speaking with inflation considered, the IQD value could be astronomical depending on their monetary policies including amount of currency in circulation.  So potentially, the previous conversion of IQD vs USD could be sustained - Good For Us!

Good Stuff, Gents!

         

Hi synopsis, what do you think about yellons announcement that interest rates will go up in December. I am thinking that the reason interest rates have been artificially low for the past 8 years esp here in the uk is because of national debt. Surely if the 18 or so trillion dollars debt that the USA is in, will cause the bankruptcy of the USA if she goes ahead with this move to put rates up. That's unless that debt is totally eliminated. That's why I think December maybe our month

[Synopsis]

27 minutes ago, dinarbeleiver said:

Hi synopsis, what do you think about yellons announcement that interest rates will go up in December. I am thinking that the reason interest rates have been artificially low for the past 8 years esp here in the uk is because of national debt. Surely if the 18 or so trillion dollars debt that the USA is in, will cause the bankruptcy of the USA if she goes ahead with this move to put rates up. That's unless that debt is totally eliminated. That's why I think December maybe our month

Hi DinarBeleiver, I agree with you - December may be our month.  I like your assessment but I am not acquainted with the mechanics of national debt and Federal Reserve interest rates.  However, each household we live in would need to remain solvent and I suspect national interest rate payments are no different.  I would think an "influx" is imperative in this environment but am not sure what rabbits will be pulled out of the hat.  I suspect the prospects for WW III are greatly diminished at this point but will be more comfortable after the January 2017 US Presidential Inauguration.  If nothing else, "change is a coming" and I suspect it will be for the far better and likely really good for us!

Just my opinion.  Thank You for posting your viable assessment.