Pimpy
People always say, Oh, you know, President Bush said the Iraqi dinar will pay for the war itself. No, what he said was Iraq would pay for the war itself, not the Iraqi dinar. They're talking about the oil. It wasn't even Bush that said that...
Once they re-denominate the old currency is no longer any good. You can exchange it for the new lower bank notes but your higher bank note doesn't have any extra or more purchasing power or more valuable than the new notes.
One of those myths that are out there...Executive order 13303...If you're a new persons investing into the Iraqi dinar you will hear...we're allowed to invest in Iraqi dinar because George Bush signed executive order 13303... Nowhere in executive order 13303 does it state such a thing...Having said that, it doesn't mean you can't invest in Iraqi dinar...Obviously investing in currencies are a thing but nothing in these orders at all say that Bush gave you the right to invest in the Iraqi dinar.
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