New Opinion Posted by bdboy:
One aspect that very few people are addressing (there are some) is the revenue sharing between Kuwait and Iraq for their new shipping port. Working together...IMO this will increase value to both currencies.
Kuwait rate is approx. $3.55 and of course we know that Iraq is 1000th of a penny. Kuwait's Incentive for partnering (defining/borders, coming to the table, etc) would be a rise in value of it's currency as well.
Port production would be an added asset for both countries. SO what if both countries increased the value of their respective currencies to $5.00. The additional value to Kuwait will be used to pay back for war atrocities mandated by the UN. Win for Iraq, Win for Kuwait, Win for both for accounting purposes (splitting the profits), win for us...for obvious reasons.
Even numbered accounting keeps it simple all the way around. I think this would also make it an easier transition for the Iraqi people in calculating change. You give me five US dollars for a loaf of bread...I give you back no change. You give me 1 dinar coin or on Kuwait dinar for a loaf of bread...I give you back no change...Same Same. When will it happen....of that's the $64000 or 12800 dinar question. Just trying to use KISS method (Keep it simple)...of course...my disclaimer...its only an opinion