Internal RV -VS- External RV
I heard someone mention the term internel and external rv.
I'm not part of the monthly "this is the month!" clan, less than 10% of posts in the forum talk about the one largest variable in the RV algorithm. Inflation.
If the Dinar and dollar when to $1 to 1 Dinar, yes, an Iraqi with 1 mil dinar would be rich, but hypothetically speaking, which we are, a loaf of bread would cost $100,000US in Iraq. This is not possible.
The most major thing that I see overlooked is how the Dinar has been watered down so much with inflation. A 1:1 rv is not comparing apples to apples. Dinar has and will continue to rise, especially with the entry onto World Trade, it's possible to go up nicely.
Inflation is never talked about. Just 1.22 or 1.20 HOOT, please exuse my spelling, this is a forum where people use slang for screen names, spelling is not my priority in here. I'm a math guy, I took calculus not spelling bee.
What I just said will cause strife with a lot of people. I want the Dinar to go up too, it has, and it will continue but an Internal and External rv just made me think of one thing, inflation.