Inside of Iraq, those banks are run under the CBI banking laws. This bank that [Iraqi bank friend in Michigan] Aki is at has a purpose. But it has no lower denomination notes. Why? Because they follow American banking laws. When a Middle Easterner or anybody takes a dinar into Aki’s bank, they will be converted physically or electronically into American dollars. This bank servers a purpose. Why would these banks, like Aki’s, be there if there was no rate change coming? It’s all about the money. Aki is a businessman. Here’s there to make money with his boss. They’re going to do very well especially that there are 100’s of these centers around the world…I would say Aki’s bank is for the exchange of the three zero notes or Aki’s bank would not even exist because there would be no reason for them to exist.
Walkingstick
