Jeff

  In Jeff 

Back in 1973 the value of the dinar against the dollar was $3.37…Iraq is the wealthiest country in the world…Iraq’s worth more money than Kuwait…[The reason] Kuwait has the highest value currency in the world is when they changed their rate they unpegged their currency from the US dollar and re-pegged to the highest valued currency assortment basket…it’s called the KUNA basket…the value of their currency against the US dollar is approximately $3.28.  Iraq has more minerals in their soil. They’ve got gold, lithium, diamonds, natural gas. They’re the wealthiest country in the world. There’s a very good chance that when the rate changes Iraq could…do what Kuwait did and unpeg from the US dollar and peg to that same currency assortment basket called the KUNA the highest valued basket in the world.

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