Stryker Update

by **Ponee** Wed Apr 16, 2014 3:34 pm

4-16-2014 Newshound Guru Stryker In my studies over the years it shows that Iraq is heavily dollarized and as much as 80% of what Iraqis use every day to buy things are in USD, so that means that the dinar is only used on 20% of the time when they buy goods and services. With that in mind, since their economy is calculated (inflation and such) by the use of the dollar as well as the dinar it only sure makes sense that this money supply (USD) is part of that 72 trillion dinar figure that the CBI shows on their financial statements.

In other words, each US dollar in their market place should be accounted for on their financials at 1166 dinars, take away one dollar and you would be taking away 1166 dinars once they de-dollarize Iraq. A country only accounts for their money supply by its domestic currency and not by another countries currency that is being used but since their statistics are based on what takes place in their market place it only makes sense that they do this...that's my take on it.