I have a very hard time believing they are so worried about counterfeiting of the new Iraqi dinar. De Larue designs and creates the most sophisticated tamper-proof currency in the world. Counterfeiting is nearly impossible. The equipment needed to make a believable counterfeit Dinar is astronomical if it could be obtained at all. These stories don’t hold water. The parallel market parity story and the corruption story are equally illogical if not ridiculous and the counterfeiting story is absurd. How do you get any better than the best in the world? Just doesn’t make sense. They are still stalling and the reason seems to be the cross-border payment training.
