I know some of you have doubts, but there’s no reason to have doubts when you understand the economics of currency and how it relates to Iraq. The IQD is getting ready to go from “speculative” to “inevitable”. When these 7 items are checked, currency appreciation become inevitable, not speculative. 1. Reducing the amount of currency in circulation: Iraq has already begun this process. 2 Strengthen the banking system: Iraq is actively strengthening the banking system so they can hold hands in the International global financial markets. 3. Maintain Political Stability: This is the big one because we have internal conflict…religious…and political. [Post 1 of 2…stay tuned]
