Militia Man
Article: "The start of drawing liquidity from the hands or Iraqi's" Iraq is getting money outside of the bank, into the bank...They've gotten off the street upwards of 8 trillion dinar . That's a lot of dinar...Reducing the note count is the direction which is where they're headed...If you reduce the note count, purchasing power comes with it...
They're going to pay salaries and they're going to start pumping oil. They're going to have to have some sort of value in those assets and what we believe is that we're looking for is a real effective exchange rate... They are ready to resume exports at any time. Why? Because they have the systems in place. Iraq's natural resources are phenomenal...these guys have so much natural resources it's not even funny.
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