MarkZ

[via PDK]  More news in Iraq that they are stabilizing. “Central Bank continues measures to control the dollar exchange rate”   I find it interesting they are issuing a dollar card worth $10,000 dollars …in other words they are not going to charge any spread if you turn in your dinar for a prepaid debit card.  Why is this important? It will allow them to take advantage of this manipulated exchange crisis and get more dinar off the street over the next day or two…I think this is their last “hail Mary” to restrict the supply of dinar…just my thoughts.