wmawhite

  In Uncategorized 

You need to understand the difference between apples and oranges…the difference between Iraq and China/Vietnam.  China/Vietnam want its currencies to be under valued because they export everything to the world…if their currency is cheap, their exports are cheap and we buy them.

Iraq imports 90+% of all their goods…their under valued currency is killing them…it causes their goods to costs more to import. Iraq wants/needs to increase the value of the IQD…they have even told us that.

Stop comparing China’s currency, Vietnam’s currency to the IQD…they are two different ball games.

BGG Blog