Bloodloch

Bloodloch – Dinar Guru   …the CBI absolutely CAN launch the VLD (very low denominations) without any further preparation other than printing them and explaining to the Iraqi citizens about their characteristics.  No long and slow climb needed, since purchasing power should remain a constant, or even enticingly favorable to Iraqis in their daily lives. The underlying support for turning 44 trillion into 44 billion is there, and there may even be a case made for fractional reserve gold-backing mechanisms should they decide that to be one of the new currency characteristics. And while there have been some rumors of new notes being printed already, I’ve yet to see any actual artwork for the same. That doesn’t mean they don’t have them hidden away somewhere. Just that I haven’t seen them.

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