Pimpy

  In Pimpy's Investment Chat 

Remember I was talking about a free floating currency in Iraq. They’re talking about kicking around in the market, let it go on Forex, let it free float. So instead of it being pegged to the U.S. dollar they just let it float.  If investors believe Iraq is going to grow they will invest in the currency. It will cause it to go up in value …the price of a currency is affected by what?  Inflation, unemployment, demand, political stability, supply and future prospects…we don’t have to wait for an RI or magical RV we can pay attention to these things and watch the currency grow in strengthen.

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