Thread: OK if anyone can answer, here are a couple of questions:

Originally Posted by Goes4ever

I am definately interested in reading about all the countries who did a RV in the last ten years

OK if anyone can answer, here are a couple of questions:

1.
When the Dinar was at .32cents USD in 2003, and then it dropped off the map. What happened to the Iraqi spending ability, within their country. I remember asking my dealer in 2005, if I went to Iraq today with 25,000 Dinar what could I buy, he said milk and bread. Does anyone know if this was the level of purchasing power prior to our entering Iraq?
2.
So from 32cents to nothing, what happened internally to their spending ability? If it was not greatly effected, than putting the dinar back to that .32cent mark, shouldn't effect them either.
3.
Does an external RV effect an internal RV, or are they unrelated?
4.
If an Iraqi is holding 1 million dinar and it RV's 1 to 1, that person who was so poor, would be rich, but if it doesn't effect the internal value of the Dinar, then why would they stay in a land where they were poor, when with 1 Million Dinar/USD, they could be very comfortable elsewhere...