FIREFLY: We can cover 100% on almost any rate that we want to come out with!!, 14 feb

 Frank  

[Iraq boots-on-the-ground report]  

FIREFLY: Mr Sammy says our cash reserves are over 100%.   What that means is every dinar that is in circulation has a cash reserve for it and most other countries only have about 20% of their reserves for money in circulation.  

That tells you the financial stability we have is incredible.  We can cover 100% on almost any rate that we want to come out with.