Mnt Goat
...what we really want to see is the use of the dinar to pay for imports and thus the demand for dinar by other countries as a currency of some value.
Right now, Iraq does send their dinars to some of the correspondent banks to pay for imports but this is still limited as many banks still want US dollars directly. But the conversion process (exchange of dinars for dollars) process is taking on steam and is rolling forward...
...I have said it many times that this reinstatement of the dinar is nothing but political...If it wasn’t, the Dr Shabibi coup would have never happened . The newer lower denominations would be in circulation and we would have already been to the bank...if we truly want the TRUTH we must connect the pieces and see it. Trump’s policy towards Iraq is one of hope but he is also going to first use Iraq as a platform for peace in the middle east. ...When the U.S. really steps up to the plate economically in Iraq you will see wonderous things happen...
