promoting the purchase of Iraqi dinars for fun and future profit.
You say a free Iraq could thrive? Put their money where your mouth is.This is great for those guys whose moms/wives made them get rid of their Star Wars memorabilia collections. This is much more sophisticated. And short of actually enlisting and fighting, it's a strong declaration that "Damn it, Bush was right."
What if?
Let's say you decide to err on the side of Iraqi prosperity. You take advantage of the 100 year low value and buy 2 million Iraqi dinars. You look them over, admire them, and show them to some friends as a curiosity. The security features alone will have them enthralled. Then you stick them in a closet and go about your life.
But I am skeptical about friends being "enthralled" over the security features of any foreign currency.
A few years from now, you see a program on A&E portraying the lives of average Iraqis. You see people drinking locally bottled, genuine Pepsi Cola; not the ersatz they'd been consuming for years. They are buying their cars from Baghdad Mitsubishi.A&E? I don't think so. Definitely FoxNews. Maybe "Special Report With Brit Hume," if Brit's willing to leave the studio. Or "Fox and Friends," if they can get E.D. Hill to wear a burka, or anything that actually covers her mons pubis when she sits.
And we didn't invade Iraq just so Mitsubishi could build car plants there. Change that to Baghdad Ford or Baghdad GM. And get rid of "ersatz." Only lefty elitists use a word like that (or Newt Gingrich when he gets all professor-like). Who approved this copy?
You discover that things are going well enough in Iraq to have raised the value of the dinar to one US cent.Would you have kept even the $20,000 in the closet? And taken the risk that your moms/wives threw out that silly leftover Star Wars "alien" money to make room for all your Social Security personal account paperwork? Gosh you guys are stupid.
Your $2100 purchase would now be valued at $20,000.
If the dinar were to climb to a dime, you've got two hundred thousand dollars in your closet. What if it were to reach a dollar? Or rebound to it's peak of over $3.00? Do you dare continue to keep your dinars in the closet?
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