How much money was lost in the Iraq war?
How much money was lost in the Iraq war? Media investigations. $12 billion in U.S. currency was transported from the Federal Reserve to Baghdad in April 2003 and June 2004, where it was dispensed by the Coalition Provisional Authority. A Vanity Fair magazine report concluded that of this sum, "at least $9 billion has gone missing". How did the Iraq war affect the US economy? Under these assumptions, oil price increases from 2003-2008 due to the Iraq war reduced total U.S. income GDP by a total of approximately $274 billion, a direct transfer of about $124 billion and a further...