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WATCH: Breitling Explains The RV In & Out Of Iraq.


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Luigi found this Breitling article of Dinarian interests...

Remember, this is only one man's opinion.

Treat as a rumor. Not varafied. Your opine.



Guru Breitling:

Let’s do a thought experiment. Let’s say you live in Iraq and you have a certain amount of currency. They are not going to gain like you and I are.  Because we bought with U.S. dollars. That means we bought it at a tenth of a penny. Well their economy is set up at a tenth of a penny.  In other words they didn’t pay anything. The currency was just given to them.  If you go buy a coke at a tenth of a penny [Or 1450 dinars] and the value goes up because there’s a revaluation or they just simply corrected their currency – they’re just going to move the decimal over.  Now it’s just a dollar. So now you have the currency that’s a dollar and a coke that has the price tag that’s a dollar…There’s going to be a little bit of gain for them but not like you and I are going to get because we bought with the U.S. dollar. That’s a principle you have to understand.


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