elsewhere, but would have an immovable scarcity factor, so could be counted on to retain its value. Printing paper money but then ostentatiously destroying the lithograph, it used to be argued in the pre-computer days, would to some degree serve this purpose. In a similar vein, in Iraq in the 1980s Saddam Hussein issued dinar notes printed in Britain and engraved in Switzerland. After the first Gulf War, sanctions cut him off from the supply of his currency. He started printing money in Iraq, but the quality was poor, counterfeiting was easy and the quantity was too high, causing inflation.
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