"RV UPDATE" BY BREITLING, 29 APRIL

  Breitling 

 When I did the evaluation [of the dinar] it was against countries and currencies that had lopped.  I had the same questions as you guys when I invested.  Where is this going?  How can this work?  I found out the value was in a policy based inflation, they want to add value to it, they injected US dollars into the economy, devalued the dinar.  The

dinar you and I have has nothing to do with hyper-inflation, major market problems or anything like that...Yes, they can add value to currencies that have a lot of zeros behind it.  Iraqi dinar is stable.  They can and are going to add value to it.

You have these currencies that have a lot of zeros behind it.  Comparing with these other currencies that LOPed, Iraq is a completely different case.  They don't have a market problem.  They don't have a customer problem.  Where is the inflation coming from?  It's coming from policy.  How can they add value to their currency?  It's all going to be based on 100% policy.  The authority comes from parliament, the Ministry of Planning, Ministry of Finance and the Central Bank of Iraq.  They don't need any more customers.  To add value to the currency they don't need to do anything else.

  LOP...people that are smart, economist, get this wrong.  The underlying definition is hyperinflation.  How do people fight it?  By removing the zeros.  Nothing wrong with that.  It's smart.  But it's hyperinflation.  People will point out incorrectly, look at Iraq...

The best analysis I've read is that it [the dinar] was worth at it's height 2.25 to the U.S. dollar...Iraq has never had a customer problem.  That's where you find the hidden value in this investment.  It's not hyperinflation..

There is inflation but it's 100% policy based inflation.  You had this currency that was worth a lot of money...What was their number one export?  

Energy.  Then war came along.  You had war inflation.  But did Iraq's customer base change?  No.  Did their oil producing output change?  No, it went up.  That's where you're going to find the value.  That's where the value is coming from.  That's it.

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-breitling-22-april.html