From Planet Dinar Rumor Section

[sheik]

Miny-great post. Love the facts. Thank you.

[Diamond4me]

if they have 27 trillion IQD in circulation, why in the world do you think they need to have $27 trillion dollars (usd) to back that up, that makes absolutely no sense. If they were on a gold standard, then it would be gold, but they are not. They do have Oil reserves )

what makes you think that all 27 trillion dinar would come back to them for immeadiate exchange for any other currency???

27 Trillion printed and now 6 T in circulation, still too may $$$$s

[RRSport]

If Iraq really was trying to get all the foreign large notes back off the street surely they would buy out all the Dinar dealers and others holding these big notes if they know they will RV soon.

Far cheaper to buy them back at $1200 per million than if they have to cash up post RV surely?