Latest topics
I am too pretty for math, but....
Page 1 of 1
I am too pretty for math, but....
by Mission1st Wed Jun 12, 2024 6:56 pm
According to various sources, there is between $12 Trillion dollars (USD) worth of world currency in circulation, physical money. A lot more than that if you include stocks, bonds, derivatives, and other stuff. Sources vary but use any number that makes you feel comfortable.
So, a Trillion Iraqi dinar at today's exchange rate 1309 is about $763,657,700.00. Not even a a billion USD. So, if the Dinar went to just 1:1 with the USD, then that alone is 1/12 of the total global currency. Common sense would tell you that Iraq has printed much more than that, and if they have printed 12 Trillion dinar (9,163,892,400.00 USD, that would equal the entire world's money in circulation. Phony Tony and the other scammers are saying the exchange rate will be $3.91 USD, so you do the math.
Please feel free to critique my arithmetic. I'm honestly not good with numbers, so feel to show me the error of my ways.
So, a Trillion Iraqi dinar at today's exchange rate 1309 is about $763,657,700.00. Not even a a billion USD. So, if the Dinar went to just 1:1 with the USD, then that alone is 1/12 of the total global currency. Common sense would tell you that Iraq has printed much more than that, and if they have printed 12 Trillion dinar (9,163,892,400.00 USD, that would equal the entire world's money in circulation. Phony Tony and the other scammers are saying the exchange rate will be $3.91 USD, so you do the math.
Please feel free to critique my arithmetic. I'm honestly not good with numbers, so feel to show me the error of my ways.
Mission1st- VIP Member
- Posts : 543
Join date : 2016-07-22
Age : 66
Location : Texas
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Iraqi Dinar (IQD)
» The Iraqi Dinar Revaluation Scam: False Hope, Financial Deception
» Yes, the Iraqi Dinar is a SCAM: Responding to Marcus Williams' Comments on my Investment Scam Video
» AMERICA’S COLOR REVOLUTION — Brought To You By The U.S. Intelligence Community & Coming To A City Near You
» Go Russia
» I am too pretty for math, but....
» Interesting article
» Phony Tony: New Platform, same old song and dance
» The Craziness of Scam by "Tony TNT Renfrow" and the Iraqi Dinar Currency Scam
» Even conspiratorial currency speculators aren’t buying a Russian ruble revalue - It’s not the next the Iraqi dinar
» The Fundamentals of Finance and Pimpy Live
» Carnival Rides
» Go Russia
» Textbook Tony
» The Rockefellers and the controllers are freaking out right about now
» Phony Tony sez: Full Steam Ahead!
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
» Russia aren't taking any prisoners
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23