76 replies to this topic

[msmortgagewiz]

Guess he is unaware of what was really said by bush's advisors.....simply that reconstruction costs would be paid for by iraqs resources.....hence the DFI fund....poor guy.....he really is trying though lol

C'mon Dougie....... Just for today, can we just all believe that anything is possible? I won't neg you though, because of course your entitled to your own opinion. In my own opinion, you sure are a buzz kill sometimes though. None the less, I will put my rose colored Ray Ban's back on, and continue to show up at work. When I see you post something positive, then I will know it's time to go to the bank.

[cashman54]

Im ready to cash in baby!

[DWitte]

What? the war debt was supposed to be paid off in one lump sum was it? Dont think so.
Who knows what govt plan was in place and where the return is.
Its narrow minded to assume that an RV is the only way tofunds recoup .

Did anyone ever think any different about GWB?

[SPOTLIGHT]

Some good info but the dinar is going to RV high you would have to be mathematical illerate note to know it will be high.go rv

[Mammaw]

What? the war debt was supposed to be paid off in one lump sum was it? Dont think so.
Who knows what govt plan was in place and where the return is.
Its narrow minded to assume that an RV is the only way to recoup funds.

RRS I see where you are coming from. It seems to be a long shot. But we were told that Bush had planned for the RV and purchase of oil from Iraq at a very low price to eventually pay off the debt. It is hard to say if it will come off as planned, as other political figures are putting their fingers into the pot and could change the outcome. Just as with the RV, we wait and see. Narrow minded, perhaps hopeful is a better word. One lump sum, doubtful, but over the long term...lets hope it all works out as originally had been planned and that middle America isn't held to pay this debt off as well.

[Nadita]

It's midnight and we're chatting on a dinar blog. So, my question to those who think there is no chance of this happening anytime soon is: Why chat here rather than E Harmony if you're just lonely? Did you know E Harmony is advertising a free weekend? I understand the frustration with the hypers and the pumpers who feel the need to call the RV every day and are the propulsion for false hope, but there's gotta be a balance between hype and simply coming onto a dinar blog to say the RV will never happen. I'm always up for a debate and when someone comes with the facts to back up their claims, I'm willing to auscult and appreciate any arguement but when it's midnight and people only want to shoot down hope for a revaluation I'm over here thinking, if I direct them to E Harmony they'll probably tell everyone in that chat that marriage is also just a hopeless endeavor. Cheers everyone, keep the faith and eventually we'll cross the finish line together.

SWFG,

:thanks for the article and please don't let them run you

[Luigi1]

It still puzzles me how 27 Trillion reduced to 27 Billion IQD will RV. Over 27 Trillion Rved at $1 USD would be more than all the currencies in all the world combined.

Better yet...take 27 Trillion IQD then multply it by 1,000.

Does Iraq really have that much worth, more than the entire global economies? Can Iraq prop up the world?

Can someone explain why this is a full RV & not a LOP or a combination of the two?

Not being a hard***. Not disagreeing. Are we being shown the whole picture? Will this be a tiered RV favoring only the elete?

These are all legit & fair questions.

Please, no negs just your best & honest opinions.

[KamelKeeper]

Typical kap krap. Iraq doesn't have to pay for the war and they can't support a $1 RV without lopping first.

Do you and Keep dance together at parties? Who leads?

[powerpager]

Good One Kap/Florida Guy !!!

[jackster]

The dinar will not be a anchor currency .....they don't have enough trade instruments for that .......all they sale too the world is oil .......if any new reserve currency comes out it will be a global non country barring instrument ......(SDR)......not the Iraqi dinar. .......now country's might hold the dinar too buy oil if for some strange reason the dollar just all the sudden S#!t cans and disappears from the planet and............ WE allow oil too be bought for dinar.....but that is not going to happen any time soon ......

There are 1 trillion dollar notes on the planet at any given time ......but America is worth O around 300 trillion dollars in asset wealth .....and another 500 trillion per year reconstatuional wealth (the people)

Iraq is worth with the people a total as of now around 100 trillion .....and that is ticking away with every jug of oil they sale

"The dinar will not be a anchor currency"

I can't believe he said that. Dammit! Randall and I agree on something. I won't be able to sleep tonight.

It's midnight and we're chatting on a dinar blog. So, my question to those who think there is no chance of this happening anytime soon is: Why chat here rather than E Harmony if you're just lonely? Did you know E Harmony is advertising a free weekend? I understand the frustration with the hypers and the pumpers who feel the need to call the RV every day and are the propulsion for false hope, but there's gotta be a balance between hype and simply coming onto a dinar blog to say the RV will never happen. I'm always up for a debate and when someone comes with the facts to back up their claims, I'm willing to auscult and appreciate any arguement but when it's midnight and people only want to shoot down hope for a revaluation I'm over here thinking, if I direct them to E Harmony they'll probably tell everyone in that chat that marriage is also just a hopeless endeavor. Cheers everyone, keep the faith and eventually we'll cross the finish line together.

That's at least the second time you've referenced a dating site in this forum. You're running out of anecdotes.

Easyrider believes that marriage is a hopeless endeavor. I read that post of his somewhere in here.

It's not midnight where I'm at.

They are years from being a world power

Every man woman and child in america .....by the time they get out of high school ......are worth about .....100,000 - 200,000 dollars worth of education .......that's befor collage ......that = 35- 70 trillion right there in overall wealth too the nation

All it takes is a couple of zuckerburgs to put it thru the roof

Years? Try decades. If ever.

Anytime someone refers to the RV, I see you comment on the LOP. I'd appreciate on how you intend on making a profit on the dinar you hold if your not expecting an RV?

Got beat up on one of his own threads and now all of the sudden shows up.

That thread you started was a terrible drive-by. You should have stuck around longer for the grilling.

We're gonna sell it as rolling paper for medical marijuana. The toilet paper project caused too much chafing.

How long have you had dinar ............I'm at 9 years ......and have been expecting the RV for the past 4 .....every week.....for 4 years .....and it just keeps getting pushed back ......


I know for a fact this was a done deal at the beginning of the year ............but as normal they dropped the ball Agian .........and it will RV in the coming months that's a given it has too for them to exist .........and contrary to popular believe ....they can't use the dollar after June ...to buy there goods in country ......so either they **** it off at 1000 to 1 and deal for the next 3 years ............or 1 to 1 for the next 3 years ........but either way they have to do one or the other ......and that's international law


Research Dubia ......they drug there feet and have been at 1 to 3.60 for almost 10 years now. ..........

"...in the coming months..." It that 2 months or 3? Can I quote you?

And I do recall you saying something about the IQD reinstating(?) or something to that affect on June 15. 2 more days. Can't wait.

[jackster]

I didn't even take a moment to comment on SWFlorida's post of Macaroni.

Can we say cheezy?

SWF was the messenger so I won't shoot him.

When I read Kap's statement "...they would not come close to paying off the war debt of 800 billion...", I just shook my head. I'll just say that I disagree. No other points, facts, evidence, etc. from me. Nothing. I think I'm just tired.

Keepm and doctor robbins got negged to death by you guys. msmortgagewiz was being merciful to keepm. My hat's off to you.

SWFlorida performs, at most, a cut-n-paste and everyone wants to carry his baby. You're doing well in here, SWF. The self-portrait in your profile doesn't hurt your cause, either.

If anyone is interested, I'll be performing at the Improv every night through the weekend. 2 drink minimum. 4 drink minimum if you want to be entertained.

[Ironwolf1974]

It still puzzles me how 27 Trillion reduced to 27 Billion IQD will RV. Over 27 Trillion Rved at $1 USD would be more than all the currencies in all the world combined.

Better yet...take 27 Trillion IQD then multply it by 1,000.

Does Iraq really have that much worth, more than the entire global economies? Can Iraq prop up the world?

Can someone explain why this is a full RV & not a LOP or a combination of the two?

Not being a hard***. Not disagreeing. Are we being shown the whole picture? Will this be a tiered RV favoring only the elete?

These are all legit & fair questions.

Please, no negs just your best & honest opinions.

Does no one want to quote this because these questions are scary? Because they need to be asked?

I want an RV very badly. My parents are in a horrible situation now, as are MANY retiree's who cant work, or cant get jobs because of there age.

It looks like Im going to have ot support my parents for the rest of there lives if no RV happens. I dont mind it, I love my folks. But what about me?

Im 37, divorced with a child a state away without a job at the moment. How do I do this? I dunno.

Im just telling you about my situation, and that indeed I want/need/would love an RV.

BUT there are questions to be asked, and not a whole lot of answers.

If a new's article out of Iraq says they will LOP then why do people NOT believe it? Because they want an RV?

I keep telling my mother it could go either way, but then she sits for hours reading posts about the RV and tells me to make plans.

I really have no idea what I will say to her, or how I will get her past the depression of a LOP.

Like everyone else I just want to know whats going on.

[Luigi1]

The Iraq war was an illegal war. Iraq didn't ask to be liberated, bombed & leveled. Iraq owes the USA nothing. Nothing.

The arguement that Iraq owes the USA $Billions & therefore must RV to pay it's debts don't hold water.

Listen to the statements coming from the Shabs. Neve rmind the Gurus. It's going to be a combination of a LOP, RV & a managed float.

Anytime someone refers to the RV, I see you comment on the LOP. I'd appreciate on how you intend on making a profit on the dinar you hold if your not expecting an RV?

There is still plenty of money to be made on a combined hybrid partial LOP, RV & managed float.

[Luigi1]

Does no one want to quote this because these questions are scary? Because they need to be asked?

I want an RV very badly. My parents are in a horrible situation now, as are MANY retiree's who cant work, or cant get jobs because of there age.

It looks like Im going to have ot support my parents for the rest of there lives if no RV happens. I dont mind it, I love my folks. But what about me?

Im 37, divorced with a child a state away without a job at the moment. How do I do this? I dunno.

Im just telling you about my situation, and that indeed I want/need/would love an RV.

BUT there are questions to be asked, and not a whole lot of answers.

If a new's article out of Iraq says they will LOP then why do people NOT believe it? Because they want an RV?

I keep telling my mother it could go either way, but then she sits for hours reading posts about the RV and tells me to make plans.

I really have no idea what I will say to her, or how I will get her past the depression of a LOP.

Like everyone else I just want to know whats going on.

This article confirms a LOP. They used to talk raise or lift the zeros. They mention removal of the zeros several times in the article.


Parliament & Finance Committee Support Revalue Of Iraqi Dinar.
Posted: June 25, 2012 in Iraqi Dinar/Politics.

ERBIL, June 25 (AKnews) – The Iraqi Parliament and the Finance Committee support the Central Bank of Iraq (CBI)’s efforts to revalue of the Iraqi Dinar through the removal of three zeros from the currency.

The CBI has announced that it has finalized plans to remove three zeros from the Iraqi currency in order to revalue it.

Read more. See link below...
http://bit.ly/Ojw2CV

http://dinarvets.com/forums/index.php?/topic/121232-raising-or-lifting-of-zeros-no-longer-valid/

[Way2WyrD]

This article confirms a LOP. They used to talk raise or lift the zeros. They mention removal of the zeros several times in the article.


Parliament & Finance Committee Support Revalue Of Iraqi Dinar.
Posted: June 25, 2012 in Iraqi Dinar/Politics.

ERBIL, June 25 (AKnews) – The Iraqi Parliament and the Finance Committee support the Central Bank of Iraq (CBI)’s efforts to revalue of the Iraqi Dinar through the removal of three zeros from the currency.

The CBI has announced that it has finalized plans to remove three zeros from the Iraqi currency in order to revalue it.

Read more. See link below...
http://bit.ly/Ojw2CV

http://dinarvets.com/forums/index.php?/topic/121232-raising-or-lifting-of-zeros-no-longer-valid/

Thanks for the article.

I have a question though.
If the smallest current note in use is the 250 dinar note.
From Article
The smallest unit of the current Iraqi current is 250 Iraqi Dinars which is equivalent to $0.20

.And the highest current dinar note is the 25,000 note.

So according to the article All the three zero notes will be removed from circulation over two years.

Then logically the next highest zero note left in circulation would be the 500 dinar note ?

So if i read the below correctly, the largest of the new bills without 3 zeros will be worth $180 ?

According to Najeeba,
the process of removing the zeros from the Iraqi Dinar will be implemented over a period of two years through governmental banks.
Also, the new currency will include small bills and coins as well as large bills equaling about $180 each


So assuming that is the case. The 500 dinar divided by 180 dollars = approx 28 cents per dinar.


Am i way off the mark here?

[stktrdr24]

All right already. Let's go RV!

[SWFloridaGuy]

I didn't even take a moment to comment on SWFlorida's post of Macaroni.

Can we say cheezy?

SWF was the messenger so I won't shoot him.

When I read Kap's statement "...they would not come close to paying off the war debt of 800 billion...", I just shook my head. I'll just say that I disagree. No other points, facts, evidence, etc. from me. Nothing. I think I'm just tired.

Keepm and doctor robbins got negged to death by you guys. msmortgagewiz was being merciful to keepm. My hat's off to you.

SWFlorida performs, at most, a cut-n-paste and everyone wants to carry his baby. You're doing well in here, SWF. The self-portrait in your profile doesn't hurt your cause, either.

If anyone is interested, I'll be performing at the Improv every night through the weekend. 2 drink minimum. 4 drink minimum if you want to be entertained.

Yeah lemme know how your standup career goes. You're a real riot.

Do you and Keep dance together at parties? Who leads?

[caz1104]

I didn't even take a moment to comment on SWFlorida's post of Macaroni.

Can we say cheezy?

SWF was the messenger so I won't shoot him.

When I read Kap's statement "...they would not come close to paying off the war debt of 800 billion...", I just shook my head. I'll just say that I disagree. No other points, facts, evidence, etc. from me. Nothing. I think I'm just tired.

Keepm and doctor robbins got negged to death by you guys. msmortgagewiz was being merciful to keepm. My hat's off to you.

SWFlorida performs, at most, a cut-n-paste and everyone wants to carry his baby. You're doing well in here, SWF. The self-portrait in your profile doesn't hurt your cause, either.

If anyone is interested, I'll be performing at the Improv every night through the weekend. 2 drink minimum. 4 drink minimum if you want to be entertained.

Walmart has a Improv section?......................hmmmmmmmmmmmm well okay then.

[rockinrich]

Typical kap krap. Iraq doesn't have to pay for the war and they can't support a $1 RV without lopping first.

and you know this how? its amazing everyone thinks iraq has to lop one thing people forget this is a complete different deal than say turkey they didnt have the u.n. force down their rate to worthless paper like they did iraq for one thing and another thing you tell me the purpose why they allowed to let so much of their currency go outside their country because this has been planned for years look up the iraq project this isnt nothing like another country that has lopped and what kap has spoke of is whats gonna happen i notice all these loppers commenting on a dinar site hmmm tells me they must be invested or they wouldnt waste their time posting i know i wouldnt

[doctor robbins]

and you know this how? its amazing everyone thinks iraq has to lop one thing people forget this is a complete different deal than say turkey they didnt have the u.n. force down their rate to worthless paper like they did iraq for one thing and another thing you tell me the purpose why they allowed to let so much of their currency go outside their country because this has been planned for years look up the iraq project this isnt nothing like another country that has lopped and what kap has spoke of is whats gonna happen i notice all these loppers commenting on a dinar site hmmm tells me they must be invested or they wouldnt waste their time posting i know i wouldnt

I know this because I can read. Iraq has 72 trillion dinar that they are backing with their foreign currency reserves. Unless their reserves instantly grow from $62 billion to $72 trillion they can't support a $1 RV. And no, the UN didn't force the dinar's rate down to where it is today. That's a result of hyperinflation going back to 1995.