8-27-2014 Newshound Guru Breitling

8-27-2014 Newshound Guru Breitling   After WWII did Japan and Germany have an advantage by a lower currency?  Yes Absolutely.  Why would Iraq raise their currency?  Wouldn't that take away their advantage?  They stated they wanted to make the IQD a world reserve currency and wanted their people to compete on a global scale.  Yes they needed to lower the currency…that's why we were able to buy it for a 10th of a penny…during the restructuring phase.  Why is Iraq going to raise the value of their currency?  Because it's only worth a 10th of a penny…sooner or later they have to increase it or their people will not be able to compete on the world stage.  For Iraq to get to the next stage they have to give their people purchasing power…The CBI needs the people of Iraq to have purchasing power to rebuild their infrastructure…so the people can bring home money from other countries in the region and start businesses etc…then we'll watch the country and wealth explode…it's going to be fantastic.