Logic vs Hype

[trvlr787]

Was doing a little research and found that the worlds largest economy has $1.5 trillion in circulation. Iraq has 42 trillion Dinar in circulation. If apples are apples it would require Iraq to pull 40.5 trillion more Dinar out of circulation to do a 1 for one and be on par with the US. However at the current circulation they could do .0357 which is better than some of the gurus have espoused. If my figures are correct it would still be a nice return. 

[Huck]

I would certainly settle for that, even after waiting for ten years on this "investment."

[Gunnytex]

36 trillion was all that was printed. Paid for by you. 

They can do whatever they want .( IMF, Basil, etc.)  They hold the keys to the kingdom.  They make , break or bend rules as they see fit. Iraq is obviously a pet project of theirs or they would not of put up with the crap they all ready have. Toss logic and such out the window. They are going to put Iraq on financial center stage . To go along with that 3600 ft new tower building in Basra..

Babylon Rising.

Edited September 16, 2019 by Gunnytex

[fioranosportscars]

I agree...

[Luigi1]

Luigi says...

There is not enough money in the entire world to cover 1 to 1 with 42 Trillion IQD in circulation. They can't sell oil fast enough to cover the RV. CBI must get the note count down & do it  very aggressively or delay the RV or lift 1 or 2 zeros for the time being & hold off the 3rd zero some other time in future. If they don't do it, they'll be forced to do a LOP. I'd rather settle for 1 or 2 zeros lifted than nothing at all. A 10 or 100 fold increase is still a very hefty profit. RV at .10 cents & float from there. IMO.

 

Edited September 17, 2019 by Luigi1

[Gunnytex]

😎

Edited September 17, 2019 by Gunnytex
😎

[dinarmite]

7 hours ago, Luigi1 said:

Luigi says...

There is not enough money in the entire world to cover 1 to 1 with 42 Trillion IQD in circulation. They can't sell oil fast enough to cover the RV. CBI must get the note count down & do it  very aggressively or delay the RV or lift 1 or 2 zeros for the time being & hold off the 3rd zero some other time in future. If they don't do it, they'll be forced to do a LOP. I'd rather settle for 1 or 2 zeros lifted than nothing at all. A 10 or 100 fold increase is still a very hefty profit. RV at .10 cents & float from there. IMO.

 

Luigi says a lot of stuff no one believes.

Edited September 17, 2019 by dinarmite