1 dinar will equal $1 in Iraq. But when we exchange that dinar in the US, it will be $3.81. Because the dinar will have 4x the spending power in Iraq or worth 4x the value of the dollar. If it floats in Iraq starting at $1.60, that means we get $1.60 in the us starting out…As the exchanges increase and demand for the dinar increases, we will see the value increase in the US also…What affects the float is the demand for the dinar. All governments are holding dinars in reserve, when we go and purchase oil, we will use their dinar with it’s increased value…And what is even more amazing, all countries will be purchasing Iraqi oil using their dinar, not the petro dollar.
