dinarded Posted March 24, 2011 Report Share Posted March 24, 2011 We have all been told that 25 Trillion Iraqi Dinar were printed. Of that amount, we have no way of knowing how much of that currency the Central Bank of Iraq still holds in it’s liability column. Or, how much of that cash is in the hands of the global public. As of 2010, the population of Iraq is approximately 31,234,000. http://www.trueknowl…of_iraq_in_2010 So we have a nation of people who’s population totals a little over 31 million, who’s central bank originally had 25 trillion of their dollars (dinars) printed for circulation. As of 2010, the population of the United States is approximately 305,689,000 And as shown below, we currently have 1,132,337 Trillion dollars (real currency) in circulation. Of course the Fed (Federal Reserve) is on the hook for much more than hard currency but that’s another discussion altogether. 12. Collateral Held against Federal Reserve Notes: Federal Reserve Agents’ Accounts Millions of dollars Wednesday Aug 4, 2010 Federal Reserve notes outstanding: 1,132,337 http://www.federalre…es/h41/current/ So let’s compare: Iraqi population of 31.2 million US population of 305.6 million Link to comment Share on other sites More sharing options...
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