ijdk

Keep, quick question. In the future will the IRaqi dinar NOT be a pegged currency? If not, would that make any difference?

Hey donkey! When you refer to those people as "blacks" you are not helping anything. They are people who did something horrible who happen to be african american. Your kind of idiotic nonsense with that title is why this country cant get out of its own way when it comes to race relations. Your ignorance makes me vomit.

an exact quote from Ali from dinar trade for what it is worth. This is from a pm we had on my facebook page. He tries to address this issue to some degree. "If they take zeros off the currency, they would have to take it off the exchange rate as well. How would they Re-set the entire economic status of the country. They would have to convert all of their bonds, real estate and stocks. That means all the work they've done up to this point to rebuild their economy would be waste. People need to think long term" "The lop would not help the trillions, because all of the debt is based in dollars. What they need is oil revenues to get the debt off. Think long term." referencing the trillions in currency out there. Thanks

I think the main point of all of this is that we all should keep our focus in check. Whether related to religious beliefs, or whatever. We all can probably use our time better. Plus I think this could also show that none us really know what is going on over there. So many of us bring different opinions and facts, but until we see something happen no one should ever be convinced of anything.

Im 34 years old and stuck in the same job for 10 years. I am now changing careers and pursue becoming a teacher. I know this really isn't applicable. But I guess I am going to try and change something I currently am wishing I could change. Wish me luck I am scared out of my mind.

Don't be dbag. Just asked a serious question. Sorry I have not seen your response to that question.

Dinarck, since you have it figured out why are you still here? I ask that in all seriousness?

How did a 1000 overnight decrease affect them?

Jmw. Like how the usa can cover all our existing debts? They can't. Why is iraq different?

That was my illogical rant. My logical statement is as follows. A lot of times we speak about this in terms of the US dollar. Iraq has nothing to do with the US dollar. People throw around numbers the Iraq cant support certain rv's because they always equate it to us dollars. A thought, lets say I have Iraqi dinar electronically in a US account. How would an RD affect that?

It would be great if the you would get a life and leave us idiots alone. You are obviously too smart for us. You don't believe in this. You don't seen how it can happen, logically you have demonstrated why it can't happen. Great. WE are proud of you. Why are you wasting your life in here?

whoops, sorry

http://************.com/2012/03/08/the-project-is-important-to-increase-the-power-of-the-dinar-and-the-money-supply-to-reduce-the-enormous/ Why after the lifting of zeros? economic expert said that a number of things can be achieved thanks to the deletion of three zeros from the currency, noting that in the forefront of those positive things to be achieved after the implementation of the project is to increase the control of monetary authorities on the trends of the currency in Iraq during the performance of its functions in the management of liquidity, monitoring and supervision of the national currency. and started the government to change the currency in 2004, before the trend the central bank to introduce a deletion of three zeros from the Iraqi dinar, a project expected to implement it early next year, according to Deputy Governor of the Central Bank. In the opinion of the Central Bank to reduce the size of the money supply enormous is the most prominent reasons for the deletion of zeros from the currency, underlining Financial experts significance of the project to restore the balance of the Iraqi dinar to the rest of foreign currencies, especially the dollar. , says Associate Dean of the Faculty of Business and Economics, Dr. Falah Hassan Thuwaini (morning): to delete the zeros of the Currency carries on his shoulders justification for a positive mission to Iraq, and sees Thuwaini that it will work on the stability of the currency value and the absorption of the surplus that results from high rates of inflation and therefore reduces the phenomenon of illusion monetary and inflationary expectations. He Thuwaini that measures to revive the monetary policy in Iraq could contribute to increase in rates of development in the country was then promoted the economic reality in general, means Thuwaini this project to delete three zeros from the currency. and estimated the money supply issued in the Iraqi street, with 30 trillion dinars to the various groups, while the number of securities traded, according to official statistics of the Central Bank about four trillions of paper money is the product of a long period of inflation and Altdhoralaguetsada. According to the CSO, also, those money supply contributed to raise the index of consumer prices foundation in 1993 from 100 dinars to 200,000 in 2003, and this means that goods and materials that were being sold for 100 dinars became sold 200,000 dinars, and under this circumstance and the deterioration of the value of the currency increased the coin the biggest at the time of 25 dinars to 25000 thousand dinars, and this means that inflation is adding those zeros. and the benefits that can be added to the economic changes and reforms initiated by Iraq, Dr. Thuwaini confirms that the deletion of zeros is important in the link or to join the bloc or economic zone or certain monetary, or be part of a strategic long-term monetary reform. and built as well as Thuwaini that among other benefits to be gained if you change the currency and delete Asfarha is that the new currency will contribute to get the currency national legal force in the performance of its core functions, whether immediate or deferred. and baptizing the Iraqis to use the dollar in trading wide to prevent the circulation of a huge amount of money in daily transactions, prompting traders and businessmen to use the dollar instead of the local currency in supplement the draft strategy and the financing of trades is important, as baptizing the merchant to transfer money and receive the dollar exclusively, which is the cradle of the so-called recently (dollarization) in the completion of projects and business deals that took place in Iraq. and this payment Thuwaini to say that changing the currency and delete zeros contribute to the reduction of the process of dollarization in domestic economic activity, especially with the release of large segments of the local currency, as well as check easily in the process of exchange or convert the currency with other currencies, and in exchanges of capital in the balance of payments and budget. and created the money supply massive Iraqi funds many problems in the final accounts of banks and government departments in general, that the figures the enormous which is not without in many cases, cases of errors and omissions due to the large number of zeros which may be used in those accounts, and sees Thuwaini that the deletion of the zeros from the currency will ease the burden on the banking system and financial in order to reduce the amount of the money supply in the financial market and monetary. and baptized the central bank to impose measures restrict the sale of the dollar in daily auction, organized, and designed these measures to curb the growing demand for dollar by the traders and investors to finance their projects, and confirmed by the size of the trend for trading foreign currencies instead of the dinar, which much less

Time to shut down dv. We finally have the answers. Thank egod for you. Im erecting a statue in your honor. You wisdom is too much for me to handle. You are truly the fool among fools. If you are soo convinced of the outcome then get out and go away. But you don't and you wont because you know there is a chance of everything. You obviously have no life , since you come into this place to discuss something that is completely false. Isn't that like an athiest going to a church and following the news on god and christianity? He would be considered a fool for spending his time involved in something that he truly doesn't believ in.

Awwww, chitown. Did little bitty breitling take your lunch money in school? Be a man, don't listen to him and enlighten us to your wisdom. Or just name call some more, that is always the classier move..

So the million $ question is whether or not they have reduced the physical dinar out of circulation? That seems to be the crux of the issue:

Question though. Didn't they devalue their currency by 100000 %? If so, why can't they reverse that? Thanks

wassap, if your gonna slam the guy at least post ALL of the info. Don't be an a**

Sorry just pasted from another site. So take it for what its worth until link is verified..

Search Hoshyar Zebari, the Foreign Minister with U.S. Ambassador James Jeffrey, adopted in Baghdad, preparing for the upcoming Arab Summit and the full withdrawal of Iraq from the provisions of Chapter VII.. A statement by the Foreign received the Agency (news) a copy of it on Monday: The two sides discussed relations, Iraq - U.S. and mechanisms of the U.S. Embassy and consulates in Iraq. . , The statement added that Foreign Minister stressed the government's willingness to provide support and backing required to do its work normally, indicating the following: that he was discuss and debate the priorities of the government in preparing for the upcoming Arab Summit and the full withdrawal of Iraq from the provisions of Chapter VII. اذه. This meeting was attended by Deputy Minister for Policy Planning and Head of the Department of America and director of the Office of the Secretary of State. My link

http://www.snopes.com/politics/taxes/realestate.asp do homework before posting...

I was looking into the VIP membership and and it cost $400. Which is fine but when you look at the address it is too a UPS store location. Kinda sketchy that people are sending 400 to a ups location.

thank you

I would like to know if anyone would be able to demonstrate through an article to show how the CBI is drawing in the notes? Apparently there was an article that talked about 70% liquidity removal and I can't find that one. I also would like to read articles that specifically state they have been drawing them in?

I guess the logical question is can the iqd be internationally recognized withoutb being revalued?