If Iraq Re-Prints Their Currency We May Need to Travel to Turn In the Old Currency
People did NOT hear the "if" part of the plan.
As usual, people are moving fast and quick to critique before understanding the subject they are discussing. I mention to the viewers on the Edu Matrix Channel that they may need to travel IF Iraq prints new currency.
If Iraq Prints New Currency to Control Their Financial Stability - We may need to travel to turn in our current currency for the NEW currency!
So why is this so hard to understand?
Kuwait used this same technique to revalue its currency after Iraq invaded them. You could only exchange the old Kuwait currency at certain banks in KUWAIT.
We hope that if Iraq follows in Kuwait's steps, they will allow currency exchanges in Egypt, Turkey, or Jordan, where they now have Iraqi Bank branches.
However, if Iraq locks individual investors out by only providing an exchange for the old currency to the new currency within Iraq, many people will be left holding IQD banknotes worth nothing., unless we are allowed to travel to Iraq and make the exchange.
Now, this is where people got confused.
This is NOT a regular RV we are talking about; it is ONLY if Iraq prints new currency.
And why wouldn't they?
They have overprinted their current currency, and the country could go broke if they revalued today at $1 USD to 1 IQD. Math never lies to us.
