Jeff : Iraq only has roughly 20 to 40 trillion dinar circulating in the country of Iraq. Everything above the 20 to 40 trillion is what’s outside the country that the Central Bank does not care about.
Why don’t they care about it?
Because…the dinar is not tradable or recognized around the world. It can’t be used for anything other than Basal III compliance asset backing…The United States has about half of Iraq’s money supply. The only thing the US can do with that is…to asset back the dollar…Money supply in Iraq is…nothing to be concerned about.
Yes, they have well over 100 trillion printed, but they’re telling you only 40 trillion remain circulating in the country of Iraq. If you have anybody tell you Iraq has too much currency printed, tell them to take this information and shove it where the sun don’t shine because they don’t understand this investment…
