DinarSeeker

I want off this ride now!

You must live outside the country, anyone that lives here knows without a doubt that this guy is near the status of antichrist. You have nothing to argue on. All of your liberties are being robbed from you right in front of your face. The few people that have work, get to pay for everyones healthcare, what a wonderful utopia. Barry has attacked capitalism too. Tell me, how does the business owner have the need to hire people when his corporate taxes are rasied. No... Raising corporate taxes = layoffs. Layoffs = reduced corporated growth. Reduced corporate growth = continued recession = no work= more forclosures= more foodstamps. Get a clue! Liberal handbook rule 1..... when you dont get what you want, cry foul, destroy everything, say and do anything to get what you need. When confronted, change the subject. This is laughable. Holder announces that Obama admin wants to ban guns. http://dailycaller.com/2012/02/08/holder-tells-congress-the-obama-administration-wants-to-ban-guns/ Our dumb ATF agents sold weapons to cartels in Mexico under a program known as fast and furious, One of the 3,000 guns sold to the bad guys by the ATF, ends up killing one of our border agents as the gun in question is found at the crime scene. So now the same guy who gets caught as the mastermind of the program, is an advocate to ban guns. Do you see how a democrat will never let a good crisis go to waste! Open your eyes before its to late!

Any guru that states it Done = BS. If you have to read, then do so from people that breakdown articles from the day. Dont get caught up in the hype from these idiots like Okie, terryK, ghankans, Ennorste, blaino, bluwolf, and the list goes on and on. They run out of things to say so they invent stuff up. they love attention and thats it. You will know when it happens..... the board on DV will be lit up with mass postings from us.... the community of DV. Until then, read up on how you are going to proceed after the Rv. Protection of assets, and investements. That will hopefully occupy you until it happens.

Absolutely no doubt. 15.4 trillion in debt and growing with no solution in sight. 99.4 trillion in unfunded liabilities and growing with no solution in sight. stock market propped with a bubble and mass corruption thoughout the banks. Yep, wont be long until the big herd is led of the cliff.

I have been wonder for sometime when this is going to happen This is primetime for Iraq, While Iran suffers the external squeeze of oil export buyers, Iraq needs to step up to the plate ...... NOW for love of GOD!!!! High petroleum demand, rising petorleum prices, daily barrel output increasing, neighboring sanctions on Iran, arab summit in town, seems to me this is the perfect strom we all are waiting for. If Allawi screws this up in any way..... I will protest that any reference to Allawi or article there in from here on out, will have to be moved to the LOP section.

So Iraq is the only special one? Why would the US allow Iraq to do it but wouldnt allow themselves to? How come the Euro hasnt RVed themselves another 10 trillion Euros or how ever much they need to keep from collapsing? Maybe because its impossible? Read more: http://dinarvets.com/forums/index.php?/topic/110621-the-50000-dollar-bag-of-groceries/page__st__60#ixzz1piRMkRGl global superpowers have alot to lose and alot at stake. For example, if we redenominated, what happens to all other currencies pegged to the USD. Thats actually an interesting thought! Iraq has nothing and is nothing right now. An empty canvas with no rules. recently liberated and in need of everything.

Jmw, have you seen it? it says in black and white very clearly....... Money Supply (End of period , in billions of Iraqi dinars) Wouldnt it be just as easy to write trillions? Are you suggesting that something in print from the CBI is not correct? hmmmmm No need to go any futher with that one.

Why? thats the price they will pay for us to remove the dictator. Freedom, what price have you paid for yours? This started in the political arena, and is where it will end. You dont think we went over there unannnouced do you? Politics needed an excuse to get its foot in the door. and those cards were played so this plan could start. If you look at the scope of this. It was never just about Iraq, It was about that can that has been kicked down the road so many times regarding our own economy. Our debt that we cant pay back, all 99.4 trillion of it. What threat did Saddam pose? no more threat than Kim jon ill and they have proven active nuclear technology. What threat does Iran have against the US? nothing really. What threat does pakistan have against us? More than Iran, they have nukes, and an ICBM to put it on, yet here we are picking a fight with Iran because of Oil. North korea, pakistan, no oil. Syria, Iran... oil. And since we are oil dependant globally, we help defend it. For a price. OUr blood sweat and tears for ? As for your'rv to 1 comment. You couldnt be more delusional. It clearly states that the dept of the state has had an intended plan..... one that they would like to see come to fruition for the great nation of Iraq. and it clearly shows a numerical value like this........ 1IQD= 6000rials = 1000 fills = 1USD........ in that order. Agreed, it does say for them to ultimately determine thier own rate..... a responsibility they must endure and pay in the end. That really goes without saying right. Since we have liberated them..... its time to pay the piper. I have no idea where or who coined the word" pumper" and I dont really care. The question you need to ask youself before you continue on is this: Could Iraq, have digital money and if so, how much? Plays a big factor in the outcome either way. I think I have shown you justifiable cause, that they would be repaying us for liberation. I just wish that it wasnt under the lives lost to obtain it from our militaries

It says 28billion and some change outside the CBI? If thats the case, then they have plenty of reserve to back a nice RV. Really, its the only IQD they really have to honor. Unless they abandon the NID all together, an internationally recognized currency will have to be honored outside thier borders.

Hard to say with any certainty, if thier monetary supply of hard cash is low like I think it is. then no redenomination would be necessary as digital money will not be covered under the three zero removal. Seems to me that this would be the best, and easiest venue for them to reduce the cash regarding M1m2 figures. I would like to think Shabibi is a smart guy and that each auction he was holding daily, he was removing hard cash without removing the monetary number. If he did, it would have created inflation, so we see more money added to the economy over the last year. That doesnt mean it was hard cash. Ive talked about this for a couple of years now and keep falling on deaf ears. It does answer every question on this thread and Legolas original post. I do see this both ways, so dont think im here to poke. But this is the best logic to me that shabs would follow. remove hard cash and starve the economy without messing with inflation. Oh, and yes, it does state a 1 to 1...... read the NID currency section where it goes into 1IQD = 6000 rials = fills ect. = 1USD

First, and only question to any of you. Has anyone ever considered what is digital money when considering how much dinar is out. M1 and M2 figures do not state it and what comes into the auctions and goes out certainly could be digital to any one of the other banks. Just like how the US removes bills off our street. Last I checked, were still 15.2 trillion in the hole, but yet somehow the federal reserve manages to move trillions upon trillions of USD through the banks monthly. So just because the CBI says they have 30 trillion out, does not mean it is in hard cash. Hard cash in the Iraqi economy, could be 1 billion today. This is information you and I will never get. And is exactly why this debate will never end. Not enough info, and if this proves correct, every lopter on this thread will be in gross error. Legolas, I do respect your wisdom, but even you should realize we have never had enough information to complete this puzzle from the start. Could you guys be right, could it go down the way you theroize..... Yes, however, I could be right too. 5o one way and 50 the other. Since Bush jr stated that the war will pay for itself, I choose to believe we have a payday coming up. I also have a pdf copy of declassified dept of the states intention of a 1 to 1 with the hope that one day they could bring it back to the glory days. That report was written by our govt with your $. We all know about the inflation and so on. But I belive the real truth to how this will play out, lies right in the digital numbers. Theres much more, but Ive made my point here to all of you.

My thoughts and prayers are with you during your time of grief. May God shine his light on you to guide your way during your grief. I too have lost many family members recently including my father who was 53. I know how it feels, and my heart goes out to you.

Thank you.... I agree. Something does need to be done, I will be brainstorming on how to defeat this. Thanks for taking the time to say so:)

Thank you for bringing this. My father died of a rare disease at 54. A paramedic all his life, he dedicated it to helping others in emergency situations that meant life or death for alot of people he encountered. A rare disease means eventually you'll run out of money, and it did for him. When he passed after 10 gruelling years of pain and agony, my stepmother was handed the bill for burial, IRS, all his outstanding medical bills, credit cards and rent. Where is my fathers SS? My stepmother, married to my father for 20 years, does not recieve a dime and she has worked two jobs for the last 5yrs to pay of the rest of his outsanding medical bills. This system is broken!! He paid in all those years, and where is that money now? Even more frustrating was when I found this out. My father was drafted to the national guard at 18 and served for 4 years at the end years of vietnam, but yet when he died, he was denied burial in a national cemetary, or with military honors, because he did not see action out of the US borders. I can see that if you voluteer your service and you dont see action. But DRAFTED, theres something wrong here. Our founding fathers would be devistated to see the chidults running this country, and all the regulation that goes with it.