PrintJanuary 8, 2007
Iraqi dinar continues its surge
The Iraqi dinar continues its recent surge, now up 11% from its early September value. As anyone familiar with financial markets knows, it is not in their nature to go in one direction indefinitely, so we must be prepared for a reverse move at some point.
However, this move up, coming as it does at a time of apparent crisis, is one tile in the mosaic of Iraq that may be pointing to success for our venture there. We do not want to get panicked by apparently negative events - the violence we see in the press and that is unmistakably a significant part of the Iraqi mosaic - and miss other, less photogenic trends that may ultimately be more important. If the Iraqi economy is improving, as the value of the dinar may be suggesting, this would be an enormous positive, even if it is occurring in the midst of great violence.
To comment on this or any other American Thinker article or blog, you must be a subscriber to our ad-free service. Login to your subscription to access the comments section. You can subscribe on a monthly basis for $6.79 a month or for a year at $69.99
Login
Subscribe / Change PwdAd Free / Commenting Login
FOLLOW US ON
Recent Articles
- Antisemitism in the Guise of Humanism
- Escaping the State of Sin
- Outsquatting the Squatters
- From Illegal Alien Invaders to Newcomers to Democrats
- The Impact of China-Linked Contractors on U.S. Security
- Debunking the Stupid, Yet Passionately Held, Myths About the 1994 Crime Bill
- The Death of the American Salesman
- The Alarm Bell Is Clanging
- Voting and the Meaning of Honor
- Exploding The Myth That Islam Is An Abrahamic Religion
Blog Posts
- So was Hunter Biden 'Our Man in Ukraine'?
- The suspect who smashed Kaylee Gain’s head into the pavement claims she’s the victim
- About those innocent Palestinian civilians...
- The GOP seems to be on the verge of capitulating before the Democrats, again!
- Biden and the insurmountable
- Universe twice as old as we’ve been told?
- Ketanji Brown Jackson is a fascist who should be removed from the Court
- Can Letitia James handle the rough world of property management?
- It’s time to stop accommodating the crazies in America
- The value of perspective
- And then they voted Democrat in November
- Trump towers in his mastery of words to rally voters
- Planet Fitness loses $400 million in value after banning woman who exposed the company’s anti-female stance
- Schadenfreude: New movie labeling white people ‘dangerous animals’ flops at box office
- Why are American youths so unhappy?