This is the question on the minds of many. When you search for the IQD Investment, you are told that it is a scam or not a good investment. A scam? We are not sure about that. If the IQD were a scam, this would mean that the country's currency is no good and never will amount to more then less then a penny in U.S. currency.
Is this what we believe?
Iraq did $115 billion in oil revenue in 2022. The United States and other countries purchased oil from the small oil-rich country because of the Ukraine war. Are you willing to say that a country that bailed out many in 2022 - well, that the country's currency is a scam?
Or is this an overall effort to make Iraq like Panama, where they use the US dollar throughout the entire country? Well, this would be great because Panamaq's currency is worth one US dollar. Dollar for dollar. This would be great for investors who paid anywhere from $600 to $1100 for one million dinars, to end up with close to $850,000 after taxes!
Or are people who say the currency is a scam expecting the country to go nonexistent?
Why would intelligent people make such a statement.? Or should we say, people in high places with six-figure-a-year jobs? What is the end game in people on Forbes saying the investment is a poor choice.?
The investment is speculative.
The investment includes risk but a lot less risk than the stock market.
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