kaRV

So they're gonna raise the value in Sept them lop it in Jan? Maybe this is our cash in time frame... Just a thought

I'm hoping this is saying they are gonna RV next month which will boost the economy then lop in 2013 giving us a time limit on cashing in.

They called raising the value by 3.4% "lifting" so does that confirm that "lifting the 3 zeros" is about the exchange rate? If so then I was right!!!! The central bank stressed that raising the value of Iraqi dinar by 3.4 percent, and that may seem at first glance a low rate, although it is in fact a monetary value large part of the financial settlement large inter-bank ", and that this lifting, according to many economists," send a message force and the stability of the national currency and the promising future of the Iraqi economy and dispel all fears of the possibility for economic decline in the country. "

Pippin' ain't easy..

I heard that Chase is about to go under and are silently preparing for it from a repo guy that works with them on a daily bases. 38th floor's about to be cleaned out.

Looks like only $13 million was cash and the rest was electronic though.

I live in Vegas. I recommend Cosmopolitan for clubbing (Marquee). The M Resort for buffet (all you can drink too). Caesars forum shops for shopping. Aria for hotel rooms. Gamblings the same everywhere. You won't see me here once it RVs cuz I've "donated" enough to the casinos and my state gov't haha. Dont forget to tip!

Exactly... They need to educate the people before they RD in 2013. First remove the zeros (take the proper amount of notes out of circulation), second raise the zeros (raise the value of the notes), third delete the zeros (destroy the collected old notes) and redenominate the whole currency (lop). This whole process is called lifting the zeros. They're talking about deleting the zeros so much cuz they can't screw up the Iraqi citizens' chance to finally get paid by 2013 and to curb speculation (which is obviously working here on DV haha).

My questions is why do they say ICB and not CBI? Is it their way of denying that they said this? "We didn't say that, we're the CBI not the CIB." haha

IMO deleting the zeros does mean a lop but it won't be implemented til 2013. So before that (meaning soon) they will raise the zeros (exchange rate) then when people cash in their old notes they will remove the zeros (keep the notes out of circulation). This will give us a year to cash in the old notes and in 2013 they will lop the old notes when they introduce the new language notes (RD). In the mean time, Iraq will use the smaller notes that were also printed in 2003 that were not introduced temporarily. IMO Saleh can only talk about deleting the notes at this time to warn the people that their old notes will lop in 2013 and to curb speculation. He will not come out and tell us straight up that they will raise the value of the dinar. But he can warn us that they will eventually fully RD. I would be pissed to hear that I missed the cash in window. I'd be like what? **** this gov't!

IMO… We’ve all been looking at these 000’s articles all wrong. It looks like this article is telling us exactly what we want if you look at it in this way. Look at the words “lifting/removing/raising/deleting” each in this way. Removing the 000's - Remove the notes from the market and back to the CBI Raising the 000's - Raising the value of the notes Deleting the 000's - Destroying the notes after they've been brought back to the CBI Lifting the 000's - This term is used to call the project of doing all 3 of the processes stated above "the draft law Lifting the 000's" Please look back at this article with these definitions and tell me what you think. It makes so much more sense this way. Go back to any 000's articles and they all make so much sense now. IMO the whole process will go in this order and I don't see anything about removing/raising/deleting the specific 000's on the notes. When they say 000's, they're referring to the actual notes. Why would they tell us straight up? Because these articles are also for the citizens of Iraq to be prepared for what's going to happen. The CBI can't lie straight up, they can only manipulate the meanings only so much or else they'll confuse the citizens to the point where they'll act dramatically, which is going on right now with the hoarding of dollars and gold. P.S. Don't give me that first post B.S. I've been in the shadows of this site for about a year now. Thank you