I'm confused on how the RV would work economically.
For example: Iraq is selling a widget for US $1.00 each. After the RV, say US $3.00 per dinar. How much would that widget be worth? Would someone then pay one dinar for the widget and it would be worth US $3.00 or would the widget be worth .33 dinar (ie: value of oil would increase or stay the same)?
I hope you understand my question and any help would be appreciated. Thank You.
Last edited by logicfirst; 07-03-2014 at 02:29 AM.