Breitling

You have these currencies that have a lot of zeros behind it.  Comparing with these other currencies that LOPed, Iraq is a completely different case.  They don’t have a market problem.  They don’t have a customer problem. Where is the inflation coming from?  It’s coming from policy.  How can they add value to their currency?  It’s all going to be based on 100% policy.  The authority comes from parliament, the Ministry of Planning, Ministry of Finance and the Central Bank of Iraq.  They don’t need any more customers.  To add value to the currency they don’t need to do anything else.