Guru Pimpy: "These are all the things taken into consideration when thinking of the value of the dinar" (Ooops! LOL) 7/21/21
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Guru Pimpy: "These are all the things taken into consideration when thinking of the value of the dinar" (Ooops! LOL) 7/21/21
by RamblerNash Wed Jul 21, 2021 10:39 pm
Guru Pimpy
The Kuwait dinar and Iraqi dinar were around the same. They were on par. Iraq is, you know, the second largest oil nation in the Arab world. They're soon to the be first. They'll get there. Then you start doing a side-by-side comparison just for shits and giggles between Iraq and Kuwait. Iraq has a bigger population that means they have a bigger workforce. That makes their currency more valuable. They hold more gold than Kuwait. That makes their currency more valuable. They have more foreign assets. They have more resources than Kuwait does. These are all the things taken into consideration when thinking of the value of the dinar. The only thing that Kuwait's got going on right now is they're pretty stable...
The Kuwait dinar and Iraqi dinar were around the same. They were on par. Iraq is, you know, the second largest oil nation in the Arab world. They're soon to the be first. They'll get there. Then you start doing a side-by-side comparison just for shits and giggles between Iraq and Kuwait. Iraq has a bigger population that means they have a bigger workforce. That makes their currency more valuable. They hold more gold than Kuwait. That makes their currency more valuable. They have more foreign assets. They have more resources than Kuwait does. These are all the things taken into consideration when thinking of the value of the dinar. The only thing that Kuwait's got going on right now is they're pretty stable...
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