__RV had to be delayed until troops out
If there has been an internal RV with vouchers and credits, it only works well when all the US currency ie the US forces have left the building. This way the government can tell everyone sssshhhhh they are gone. Strip the zeroes.
All prices in Iraq are now 1/000 or whatever fraction of what they were. We pay you less, but any "savings" you have in the bank will now buy lots more. Or any US dollars that you once had can be converted.
But for a limited time only, you the preferred customers can all go out and buy everything you need because your value has been restored. Then in a couple of days before the world collapses from lack of financial money management and need for our precious oil we will open the days to spread the feeding frenzy.
Do you see how this doesn't work until the troops are gone? If any of the real players caught wind of the feeding frenzy, we would have bought Iraq because it is so cheap.
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_ It only worked because their money is the equivalent of toilet paper. In fact many if not most of the "investors" are those with a couple bills. And all of the smoke and mirrors and guru in fighting only enhances the scenario that this was is or has been a scam.
Look then at what happens tomorrow after the dust settles. They kept the secret long enough to get us out and for them to buy their own resources with their one 25k note which is gonna be worth 200,000 or more US when they open up for business. Are there enough Mercedez let alone de la rue machines for when these people get their wealth back?
An internal RV only works well if people were told to hold on to some wealth as their money would gain great value after the service men and women leave the country. This way they can lower their prices ie drop the zeroes and gain value.
If they have no savings, they get no revalue. If the RV is internal there is a ratio change in all prices. If you have ever struggled over algebra, it is simply a conversion issue. It doesn't matter whether the fraction is 1/1000 or 5000/1.
Once it is applied internally if effects income ie wages and expenses ie goods and services equally. But how you play the game is managing the rate and direction of change. Give secret value and shop on black Friday with all the special, then open the doors to all the Christmas shoppers.
Well all the news suggests the troops have left. We should be more excited then we have ever been before!!!!!! 24, 48 or whatever the window is, the rest of the world will get to shop next all over the globe because we helped foot the bill for getting rid of Saddam by funding the war and taking the money from terrorists.
Who cares if the big screen tvs are sold out, there are whole countries in the back room and it is time to open up the doors to the public....
This was the only way this would have worked to the benefit of the Iraqi people. There would have been too much information passed if this thing was going while our armed service personnel were still there. Now they can take the credit and stand in pride at rebuilding Babylon. Go RV!!!