Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Purchasing Power ?

rockfl9

By rockfl9,
in LOPster tank

 Share

Recommended Posts

rockfl9 Explorer

rockfl9

Posted
Posted

The total purchasing power in USD is provided by the 75-80 Billion dollars in oil revenues per year .  Iraq cannot create dollars . The money that churns thru Iraq internally can have any value they choose but when it comes to buying thing from the international market ALL of Iraq only has that $75Bn to spend .  Then consider that  the MOF gets the first cut taking probably $20 Bn off the top to pay the GOIs bills that leaves only $55 Bn to be spread across the country for  dollar purchases.   

  • Upvote 1
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
 Share
Go to topic listing

  • Recently Browsing   0 members

    • No registered users viewing this page.


  • Testing the Rocker Badge!

    Take This Quiz

  • Live Exchange Rate

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.

  I accept