There are now 136 trillion dinars in circulation worldwide.Is there any use for the dinar outside of [Iraq]? No way, it’s not. Does the central bank care about it, then? Not at all…Why? It is useless and unsuitable for usage outside of Iraq.Approximately half of Iraq’s currency is owned by the United States. Is there anything the US can do about it? Nope.The amount of dinar that is physically present in Iraq is the only thing that matters to the Central Bank. It is between 20 and 40 trillion. [First of two posts—stay tuned]
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