I have a question for all you in DFW land (that’s dinar forum world) and I am curious to see who is paying attention. I am going to ask this question and I will post some of your answers on The American Contractor blog at a later date.
I am not trying to make fun or belittle anyone just seeing if people are paying attention in this crazy ride as they say in DFW land and to promote good will between my world and DFW as I am a humanitarian.
In early 2005 the Iraqi government and the Central Bank of Iraq (CBI) had deposited usd 5 billion in the Federal Reserve Bank in New York. The question is how did the CBI and the Iraqi government deposit the money in the Federal Reserve bank in New York. How did Iraq get the 5 billion usd to New York in a interest bearing account?
This is not a trick question and I like to see what you think of how it happened. I’ m sure you smart people in DFW land can answer this. Any takers?