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Brandon2230

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Posts posted by Brandon2230

  5. The Blaino Perspective

    in Dinar Rumors

    Posted

    Why don't you spend some time gathering your

    own information instead of always Bashing someone elses.

    No wonder your "always sitting at home alone in your underwear"

    if you don't like the information people spend hours of their own time

    gathering, don't read it!

    So true! Thanks so much!

    • Upvote 5
    • Downvote 2

  19. Owner of Silver Greetings Thinks Iraq will LOP

    in LOPster tank

    Posted

    I really do feel that whether they lop or not we really are days away.. I don't foresee a lop though for certain reasons; As Scooter has explained many times, Iraq does have the reserves to back an RV and not just .86.. way higher. Also, there is the infamous 50 dinar speculation. That if it were to lop just the 000's as they expain, what would happen to the 50 dinar?? It would be worth .05 or 50?? Also you tell me how a lop would stimulate there economy in any way? It would be a Neutral move. 000's off the currency and 000's off the rate are a neutral move. A lop really really doesn't make sense.

    • Upvote 2

  20. Zero Lop or Zero Lopping the Dinar Analysis

    in LOPster tank

    Posted

    Sorry this is an old article, but makes a great comparison to the Iraqi situation.

    Zero Lop or Zero Lopping the Dinar Analysis Dinar into Dollars - [7/13/2006]

    Both Russia and Afghanistan are countries who have zero lopped their currency.

    Lets look at their situations in relation to the Iraqi Dinar and the speculation and

    rumors about Iraq doing a zero lop on their currency:

    Afghanistan had 4 types of currency in circulation as a result of a civil war. It was

    unknown how much of each was in circulation. For the people and the

    government, this was a very difficult situation. As a result, the currency kept

    losing it's value. They needed something both credible and efficient to use as

    currency. You did not want people carrying around bags of money since

    everything is cash based. Their zero lop happened at the same time as they

    printed new currency to replace the confusing mix they had before. This ensured

    everyone had the same currency, there was a known amount in circulation, and

    people could buy and sell things with few notes. It has little in common to the

    Iraqi Dinar and the speculation about the zero lop. Iraq has already

    printed and established a single national currency, with secure features

    and knows exactly how much is in circulation. The Dinar denominations are

    already designed to carry high or low values without carrying around sacks of

    money. It makes no sense for them to change the face of the currency, when

    they are talking about increasing the value to fit their economic goals.

    Russia performed zero lopping to their currency in 1998. They did this in

    response to hyperinflation and to restore confidence in their currencies structure

    and value. Iraq has roughly only 20% inflation. Russia also had denominations

    that went too high - they had denominations of 5k, 10k, 50k, 100k, and 500k -

    which were replaced with denominations of 5, 10, 50, 100 , and 500. In

    comparison, Iraq's highest denomination is the 25k and has denominations all the

    way down to 25 Dinar. If Iraq did zero lopping off the structure of the bills,

    they would overlap denominations that already exist. This does not make

    sense or fit the stated goals with the Iraqi Dinar. It seems that a zero lop, or

    zero lopping would not occur with the denominations of the Dinar, but by

    increasing it's value with a revalue that would benefit their economy and their

    poor in a positive way.

    http://www.iraqdirectory.com/DisplayNews.aspx?id=1677

    • Upvote 5

  21. Experts: Delete the zeros from the currency will raise the value

    in Iraq & Dinar Related News

    Posted

    I laugh at how people thumb down the idea of a 300% gain on a investment like that is a terrible return.

    Alot of people have been taken over by greed and expect huge returns that are unheard of.

    Your are true in your statements, though your not necessarily true in fact. Nobody is complaining about a 300% gain. They are complaining that there are so many factors i.e. translation, are the 000's deleted from the currency or the rate?? Who is Saleh? ect. that you can't credit this article as stating they will lop. It's all speculation, nobody knows til it happens!

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