Breitling
Look at the opportunity for Iraq. They're saying, 'Hey, we need to sell energy in these other currencies.' The United States is like 'No problem. We don't care. We're expanding our markets anyways.'
There might have been in the past a situation where if Iraq sold energy in other currencies that we lost market share. But that's not the case coming down the road... Iraq...figured out a plan to go forward to be able to sell to as many customers as possible.
That's how they want to add value to the currency is taking that route. It's good for the United States. It's good for Iraq...
LOP - If they're going to LOP they don't need to shut the dollar off in their country. They don't need to reduce their money supply. They don't need to get rid of the 50 dinar note.
They don't need to pass banking laws. They would have said that's what they wanted to do. They said they wanted to add value to their currency and that's it.