It's not the bankers making anyone rich, it's the Forex market.
And it won't be overnight. The value will float up just like any other currency. The difference with the dinar is anyone can get in on the bottom before it hits the market. Like the petrodollar, the value will rely on Iraq's oil exports. This is why Trump said the US holds $32 billion worth of Iraqi dinar.
And if it doesn't float as rapidly as expected, it can be exchanged on Forex for no loss.
This is also why I'm heavily positioned in the Iraq Stock Exchange, which is linked to the Nasdaq. It'll go international around the same time as the dinar.
It's not the bankers making anyone rich, it's the Forex market.
And it won't be overnight. The value will float up just like any other currency. The difference with the dinar is anyone can get in on the bottom before it hits the market. Like the petrodollar, the value will rely on Iraq's oil exports. This is why Trump said the US holds $32 billion worth of Iraqi dinar.
And if it doesn't float as rapidly as expected, it can be exchanged on Forex for no loss.
This is also why I'm heavily positioned in the Iraq Stock Exchange, which is linked to the Nasdaq. It'll go international around the same time as the dinar.