Mnt Goat
...if you take the monetary mass of Iraq then do the math of the about 150 tons of acquired gold in their reserves, you can easily see that when they shrink the monetary mass, these reserves could cover the entire monetary mass of dinars in circulation.
WOW! Yes, it could potentially cover 100% not just a percentage of the dinars in circulation, if all goes according to plan...
Isn’t this then the financial “stability” that the CBI keeps telling us it needs to conduct the project to delete the zeros?
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