I'd say that's a whole lotta "what ifs". I'd say that's definitely not the first thing Iraq should worry about when it comes to the economy.
-Cameron On 1/19/07, Bruce Sorge <[EMAIL PROTECTED]> wrote: > I am not an economist, so this is why I am asking this question. While I was > in Iraq, we were buying up Iraqi Dinars and a phenomenal rate. In 2005 > $750.00 could get you $1,000,000.00 Dinar. With guys sometimes making more > money in Iraq then they did at home, or even better, single service members > with nothing to spend their money on, LOTS of folks were buying them up. At > some point in the future, their economy is going to go up and thus their > exchange rate will improve. So lets say in 10 years the Dinar is strong, and > you can cash in your $1,000,000.00 Dinar for say $500,000.00 or more, and > everyone starts cashing in. Won't that hurt their economy? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Upgrade to Adobe ColdFusion MX7 Experience Flex 2 & MX7 integration & create powerful cross-platform RIAs http:http://ad.doubleclick.net/clk;56760587;14748456;a?http://www.adobe.com/products/coldfusion/flex2/?sdid=LVNU Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:225244 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
