In Pimpy

That’s why you don’t have to worry about whether Iraq has enough US dollars.  It’s going to be whether your bank has enough dollars and since everything’s going to be digital there’s not going to be a problem with that.  That’s how it’s going to happen all around the world.  You’re going to be able to go into your bank, exchange your IQD and that’s who you’re exchanging it with.  Iraq does not have to have all those US dollars to cover the IQD because banks are going to hold them on their books as foreign reserve assets.   [Post 2 of 2]