I've heard that the US Treasury has over 5 trillion in the new Iraqi Dinar (their new currency printed in the last few years). Its currently at a low value but the thinking is that once their economy gets cruising and oil sales continue to grow the Dinar will gain value and will more than pay for the war and potentially take care of a lot of our debt. I know Bush once said that Iraq will pay for their liberation I guess its just a matter of when. Got bored looing for info on this so I'm wondering if any of you have heard this.
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I thought we were supposed to get good deal on oil and what not.The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money. -Alexis de TocquevilleOriginally posted by Fusion
The Desire to Save Humanity is Always a False Front for the Urge to Rule it- H. L. Mencken
Necessity is the plea for every infringement of human freedom. It is the argument of tyrants.
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"I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents. Charity is no part of the legislative duty of the [federal] government." ~ James Madison
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So we made fake money?
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If this is true then yes. Kind of like the US money we're printing nowComment
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Hmmmmm. Maybe the US bought a shitload of Dinar's when they bottomed out.sigpic
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