Frank26 Post 2 of 2

And you say to them, ‘I’d like to convert thees 3-zero Iraqi notes into American dollar please.’  – ‘Oh, we can do that!  That’s what we’re here for.’  Once they take your 3-zero notes where will the satellite bank of Iraq send those 3-zero notes?  It goes to the Central Bank of Iraq.  It goes to their reserves.  It goes to their treasury.  It does not go the US Treasury because it is not an American bank.  [Post 2 of 2]