Thus Iraq earns in U.S. dollars and spends in Iraqi dinars so they are in no hurry to revalue their currency. They need to purchase military equipment from France or the United States – they use dollars. When they need to build housing for the Iraqi people they use Iraqi dinars. The wealth transfer coming from Iraq is a more feasible wealth transfer but only after Iraq gains control over the overprinted IQD. [Post 2 of 2]
