[A continuing concern for me with this investment is that there are trillions of dinar in circulation internationally, and for an RV or RI to occur, at any value above about $.01, would seem to bankrupt Iraq, irrespective of its oil and other resources. I hope I’m missing something in this equation.] The Iraqi Dinar is a fiat currency, just like the US dollar, and logical rules utilizing responsible financial principles simply do not apply. For this reason alone, it simply does not need to make financial sense to RV. Iraq doesn’t need a 1:1 reserve:cash ratio to have a 1:1 parity with the US dollar, or any other ratio to the dollar. The only thing that matters is “will it sell” – and, it will.