The biggest argument you’re going to hear from people is [Iraq’s] money supply is too high…about $93 trillion dinar which I agree is a lot. But what people fail to realize is if Iraq was to just redenominate ,…lop the 3 zeros off it, that means it’s a neutral even. The $25,000 note…would be worth $25. It would be a break even event…
But Iraq has not done that for the last 20 years. Why is that? If they were going to redenominate their currency they would have done it a long time ago…and they haven’t done that…I believe they’ve had a plan all along to increase the value of the Iraqi dinar… : Steve
