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Joe Shmo-amad Suddenly Filthy Rich?


igotafew
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I don't think the ordinary Iragi has enough to become rich over-nite. They will have an increase in spendable income and can better their living standards if the government gets the water and sewer and electricity systems up to par. Without those things, not much help with extra money. They will be able to buy more imported items with their new income. Just don't think the ordinary Iragi has that much income.

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the most iraqi's are poor and thus will not be any richer when it RV's. prices will be adjusted to reflect new rate and lower denoms will be in place. in country there will be no major effect on citizens and there wealth. if they barely have enough to survie on now what makes anyone think they are hoarding millions of dinar waiting for a revalue? they will be the same as they are now.

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prices will be adjusted to reflect new rate and lower denoms will be in place. they will be the same as they are now.

So if their 1000 dinar note (which right now buys a loaf of bread) Rv's to = $3000 USD That same loaf of bread will run them $3000 USD?, lol..I don't think so.

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