Tonygrasso

I'm thinking .50-.60 is much more realistic. The world is moving away from oil and the petro dollar. If it comes out at a dime all you will see is a trail of fire from under my boots on the way to the bank. And no, I'm not going to buy bitcoin. XRP all the way to 1000.00 baby.

Corruption in the auctions has become a thing of the past. Yeah, that probably because they have made it legal now.

2 trillion in mystery revenue. Hmmm. If five billion in dinar was sold here (hypothetically speaking) and the dinar revalued at 1:1. Trump could collect half of that and balance the budget. Makes me wonder if he is somehow factoring in that windfall . I mean, he must know about the plan. not saying that will happen but just thinking out loud. 27% reduction in these programs over the next ten years, without revenue to replace those programs is gonna leave a Shiite ton more people below the poverty line especially when they start devaluing the dollar at the same time. I'm very interested to see that rabbit pulled out of a hat and have it explained to me so I understand

Scary Mary thanks. lol I never made it to the Trump speech, the Saudi King put me to sleep. just want to say thanks to all the dirty neggers for the 18 cherries, thats rather Luigi like. I wonder what would happen if I said something offensive.

Wow you learned all that about me from one little wisecrack? Impressive.

Blah blah blah. I listened to as much as I could. What a snooze fest. Listening to that makes me want to commit jihad.

Yawn

Ali Baba and his 40 thieves

You know, I was thinking the same thing. I thought, what Iraq really needs right now is another holiday. Revaluing the currency and rebuilding the country is important and everything but it must be tough being one of the 40% unemployed so let's give em a break and invent another reason not to go to work. It's flawless! Can't believe I didn't think of it sooner. Where's my head?

Iraq will probably end up a three state country. It will most likely be the only way that the three different factions; Sunni, Shia,Kurds, will be able to achieve a fair balance within the government. Like Al Rubaie said though, address reconstruction and unemployment first then move towards a more autonomous region for sunnis and Kurds, ideally using the dinar as the currency of course. 🙂

In the words of Al Bundy, "Why buy the milk when I got a cow at home"?

No sudden movements Hader! You don't want to startle them, lol

LMFAO! LGD that's exactly what I was thinking. I mean I'm all for the feminist movement but right now Abadi looks like he's outgunned.

So help me out here cause it's 4:30 am where I am but didn't they just buy USD with IQD? That doesn't help the bank in case of RV. But maybe the CBI asked that bank to repatriate some of the local currency? Not sure they can do that but just thinking out loud with one eye open

I have a feeling that the billion notes is representing 11,600,000,000.00 dollars worth of dinar. Otherwise each note averages a value of 11.6 dinars. At 11.6 billion dollars each note averages 11.6 dollars or approximately 10-12000 dinar. Seems a lot more reasonable to me. I do not believe for a second that there is only 9.5 million dollars of dinar in circ. Within that country. Not possible

It could happen.... and monkeys might fly out of my butt

And the hits just keep on coming

Hey 10 years later, there's that phrase again; in the coming days! I know how much you like that one. The jist of the article will be positive for us... soon.

Yeah but I'm pretty sure that Diameter and to whom don't have that much gold

And now this is the leader of the not so free world.

The US dollar actually has three codes assigned: USD, USS (same day) and USN (next day). According to UN/CEFACT recommendation 9, paragraphs 8-9 (ECE/TRADE/203, 1996, available online: In applications where monetary resources associated with a currency (i.e. funds) need not be specified and where a field identifier indicating currency is used, the first two (leftmost) characters are sufficient to identify a currency–example: US for United States dollars for general, unspecified purposes where a field identifier indicating currency is present. (A field identifier can be a preprinted field heading in an aligned document or a similarly-agreed application in electronic transmission of data.) In applications where there is a need to distinguish between different types of currencies, or where funds are required as in the banking environment, or where there is no field identifier, the third (rightmost) character of the alphabetic code is an indicator, preferably mnemonic, derived from the name of the major currency unit or fund – example: USD for general, unspecified purposes; USN for United States dollar next-day funds, and USS for funds which are immediately available for Federal Reserve transfer, withdrawal in cash or transfer in like funds (same-day funds). Since there is no need for such a distinction in international trade applications, the funds codes have not been included in the Annex to the present Recommendation.

ya see dwitte , when a man loves a woman , well a woman loves a man , things seem too happen too common since , and they buy things , in this case , some nut spent a butt load on a money order and totally forgot the opposite sex I am sure it was an over site, and thus the money order is too pay off some great expanse of land okay Jeepguy, lol, put down the bong and step away from the computer.😵

Wow one person bought 37,000,000 dollars worth of dinar money orders at 2.5%. Somebody betting big on the dinar perhaps? Inquiring minds want to know.

Maybe if they put the mechanisms in place to provide realistic pricing on goods entering the country, then they will have to put a realistic value to the currency to increase purchasing power and get back on track with other modern institutions and currency regimes.

I don't know but if they hang on long enough for Abadi to get their currency revalued and get the power and water turned back on, then let them decide about going it on their own. They are trying to jump ship before it gets into port. patience my dear Kurdish friends, captain Abadi has a plan.