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Post by MartyM Mon Jan 09, 2012 11:39 am

OK, first let me make one thing clear. I make no claim to being an authority/Guru or anything else in that realm. This is simply my thoughts which may help bring a little sanity into everyone's lives or at least that is my intention.

There seems to be much concern about the concept of 'The Rate' coming out really high, but only for a very short period of time (a few days etc.) then dropping to a more feasible rate. Think about that concept for just a moment and I believe you can come up with several reasons on your own as to why that would not just be unlikely, but impractical. Here are just a few of the reasons I've come up with.

First, Why are they doing an RV? To create a Reliable,Stable Currency of Value, that would be Globally recognized and Tradable, and to curb inflation.

Secondly, They need to rebuild the infrastructure as well as private businesses to help grow their economy. They are signing Mega-Contracts with major international companies, which will be paid in IQD. What do you think would happen if they were to pay a multi-million dollar contract and then have that currency value drop in half in a few days...?

I could go on, but you get the idea. I know we can't really count anything out, given that we're talking about Iraq, but I really think that this is one point of contention not deserving of much concern.
MartyM
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