Breitling: "He's trying to say there are 54 trillion dinar out there in circulation. He is wrong" (Actually...Whoever Said That Would Be Right...That Would Make You Wrong! LOL) 11/4/21
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Breitling: "He's trying to say there are 54 trillion dinar out there in circulation. He is wrong" (Actually...Whoever Said That Would Be Right...That Would Make You Wrong! LOL) 11/4/21
by RamblerNash Thu Nov 04, 2021 10:22 pm
Breitling
Member comment: "One of the gurus is always talking about trillions of dinar out there...You have said on many occasions at last count there were between 5 and 6 billion notes and we were waiting for it to get around 4 billion or less. I think what this guy is trying to figure out is what denominations are out there and came out with trillions." No. What he's doing is taking the M1, M2, M3 [reports]...M1 has the currency - How much physical currency is in circulation. That's in the M1 report. The M2 report is the commodities - gold [etc]... there are 4 separate reports and what he's doing is...talking all those reports and combining them together. What do all those reports [equal] combined together...? Something like 54 trillion in dinar value. He's trying to say there are 54 trillion dinar out there in circulation. He is wrong...
Member comment: "One of the gurus is always talking about trillions of dinar out there...You have said on many occasions at last count there were between 5 and 6 billion notes and we were waiting for it to get around 4 billion or less. I think what this guy is trying to figure out is what denominations are out there and came out with trillions." No. What he's doing is taking the M1, M2, M3 [reports]...M1 has the currency - How much physical currency is in circulation. That's in the M1 report. The M2 report is the commodities - gold [etc]... there are 4 separate reports and what he's doing is...talking all those reports and combining them together. What do all those reports [equal] combined together...? Something like 54 trillion in dinar value. He's trying to say there are 54 trillion dinar out there in circulation. He is wrong...
RamblerNash- GURU HUNTER
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