Sandy Ingram

Zimbabwe is not Iraq…Iraq’s inflation situation has been and is under control…However when you look at the procedure Zimbabwe followed to bring its currency…onto the world stage, what they did was introduce a new currency.  If Iraq were to do the same thing and they remained a closed currency…meaning…not traded on the Forex market… and they give…a certain time frame in which to bring in your IQD to exchange it for the new currency…you would need to travel in order to participate…That would mean that you would need a passport…None of us thought Zimbabwe would pull up out of the gutter and into a stabilized economic position within 18 months.  Iraq can do the same thing because Iraq’s economy has always been better than Zimbabwe’s. :Sandy Ingram