Why the IQD will RV ??

 

• Iraq says it will have the most valuable currency in the world. This requires a dramatic RV.

• Iraq, i.e., people, businesses, government, cannot continue to operate with worthless currency.

• Iraq may not enter the WTO without an internationally tradable currency.

• Iraq may not be released from Chapter 7 without an RV.

• Iraq is spending money like there is no tomorrow on U.S. jets, weapons, oil contracts, etc. Payment necessitates an RV.

• Public Iraqi bank accounts are overdrawn and require an RV.

• The RV is essential to meet the Iraqi 2012 budget.

• The RV is essential to combat inflation in Iraq.

• The RV (raising of the three zeros) has been the plan from the beginning, before the invasion, as layed out in the 4 year plan.

• The desperate financial needs of the Euro (global) crisis are producing enormous global pressure requiring an RV of the IQD.

• The U.S. said the Iraq war would not cost us anything financially. The U.S. stands to take in $60 billion over the next several years from 4.3 trillion IQD owned by the UST and tax revenue on 2 trillion dinar owned by U.S. citizens.

• Many world governments (e.g., China, Japan, and U.S.) own trillions of dinars and are depending on the RV to shore up their bottom lines.