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Iraq an economic Study
Ms Sans Serif
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[quote:ReVbo™:MV8xNzI0NTM4XzMzNTgyNjM1Xzk2Njk4OUIw] [quote:calin:MV8xNzI0NTM4XzMzNTgyNTc1X0YwNDNGMkVE] [quote:ReVbo™:MV8xNzI0NTM4XzMzNTgyNDk5XzY2QjRGOTdG] Read this link. Just do it. You'll be very glad you did. I'm still not convinced their Trinity is not...oh, nevermind. http://dinarvets.com/forums/index.php?/topic/129576-dollars-for-dinars-greatest-article-ive-ever-read/page__pid__1037389__st__0&#entry1037389 [/quote] I like this one better. It explains how it only costs Iraq $130 to exchange 10,000 dinar. [i]Simply put, it cost Iraq $130 USD from their foreign currency reserve accounts to redeem the value of 10,000 IQD, which goes into their operating accounts. At the same time the US got $10,000 worth of oil for a net cost of $6,500. Thats how it was originally planned for Iraq to RV at 1 IQD = 1 USD, with the variable being the political element (i.e. UN Sanctions, GOI actions, IMF actions, World Bank actions etc.)[/i] Read more: http://dinarvets.com/forums/index.php?/topic/129576-dollars-for-dinars-greatest-article-ive-ever-read/#ixzz27RDiTrTr [/quote] Is that from an older piece? I seem to remember reading something like that 6 months ago, or so. Either way, yeah, great piece! [/quote]
Iraq is rapidly becoming a force in world economics due to its oil reserves. What do you think the effects will be on the world economic stage. sk
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