Originally Posted by
rentonrolr
Wow... lets take a deep breath and calmly work the numbers here.
If the $1.68 number isn't yours, then great, you should have no emotional attachment to it, and hopefully we can explore some computations together.
Now, the reason I ask about money in circulation is because that number is a multiplier to any reval amount. If a reval is $1.68 and there is 10 trillion dinar, then that is a dinar Wealth of $16 trillion USD.
16 trillion USD is a huge number. Its bigger than the USA which only has about 1.4 trillion USD in circulation.
Thats 246 Billion barrels of oil at $65 / barrel. If the Iraqis can pump really quickly, and do 10 million barrels per day, it will take them 24,600 days or 67 years to pump that much.
The number is way to high.
So we go back to our two components. Either the $1.68 is wrong, or 10 trillion dinar is wrong. CBI says 10 trillion dinar is right. I understand you disagree with them. So what is the right circulation number? Are you still going with 4.3 B?