1-30-2015 *Adam Montana

[Vixen]

1-30-2015 *Adam Montana ~[Isn't the dinar back by gold...and not oil?] the answer is "neither". The dinar is a fiat currency that is backed by nothing more than the CBI's willingness to pay a certain rate for it. Right now, they are paying $1 for every 1164 IQD. When they say "we are now paying $1 for every 10 IQD", that is the RV and it is backed by the CBI.