In Nathan

I spoke to a very very senior central banker and I asked him….look what’s this going on with the IQD? I said I’ve run the numbers I can’t see how any of this stacks up but there’s obviously something going on. He said something to me that I found eye-opening…he said in real basic terms…if certain (I’m not going to name names) but he said if certain institution get together – Do essentially a ‘frame agreement’ and they say the IQD is worth ‘this’ and they all agree then he said ‘Nathan, the IQD is worth that’.