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Posted 13 August 2012 - 06:30 PM
Posted 13 August 2012 - 06:52 PM
Posted 13 August 2012 - 08:32 PM
That was extremely well put together. I would judge by your number of posts until now, that you are regarded as an intellectual, say what you want to say when the need arises, dissect and discern the information you dig up, and separate the wheat from the chaff. Very good opinion and excellent point of reference! Rich
Posted 13 August 2012 - 09:43 PM
Posted 14 August 2012 - 07:25 AM
Posted 14 August 2012 - 06:47 PM
Posted 19 August 2012 - 09:28 PM
You're quite right about the news articles. They're open to interpretation. That's why we should stick with known facts. And if you go by facts you have to believe that the gurus are wrong and that Iraq is planning on redenominating.
Posted 19 August 2012 - 11:28 PM
if the news articles are open for interpretation ,,,,where do you get your facts ?,, and how are you determining what are "known facts"
the interpretation of the news articles i have read say a redonomination with a revaluation of around 11% to have a dinar equal to a dollar ,, but then again who knows whats going on over there , for every story they put out ,,, there seems to be an opposite story along with it .
its hard to say this news is true and that news isnt ,, its not like we know anyone over there that we can say is honest .. so
the known facts are not known at all .. especially since they are open to interpretation,, meaning what ?
if we dont get news from the news articles ,, like i said .. where do we get these facts ?
sorry for being frank about this , but i guess we must agree ... no one knows .. with all the propagan... i mean the information education is back and fourth so much .. how can we be sure whats a fact .. facts ...lol
Posted 20 August 2012 - 07:23 AM
I get my facts from reading about how currencies are valued and about the history of revaluations and redenominations. There are several sites where you can read up on them. Qfinance and Investopedia to name a couple. Even Wikipedia has a good historical record. No currency has ever revalued to more than 50% more than its former value. No revaluation has ever been accompanied by the introduction of a new currency. If the new value is $.86 that would be a redenomination, not a revaluation. When Shabibi was in Washington last year he said that deleting the zeros was being done to facilitate payments. He said that in English so there's not much room for misinterpretation for anybody who is willing to listen. He was talking about a redenomination.
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