Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

Hairball51

Members
  • Posts

    111
  • Joined

  • Last visited

Posts posted by Hairball51

  1. its this simple. If deleting three zeroes was about a massive rv, none of us would of heard anything about it. Period.

    You cannot buy up or manipulate what is not available (dinar) unless through a different means such as terrorism. They can scream from the mountaintops "We're gonna RV" all they want provided they know where and who is holding dinar. It's not like there's an endless supply being printed. There is a finite amount of dinar in the world and the CBI is acting as if they know have taken that into account.

  2. In my opinion only, this article is about an RD, so you should be relieved.  The fact they are waiting until after the elections is very telling.  Most redominations occur after elections, not before because of obvious reasons.  The people may not be happy about it or the RD may not generate the expectations and therefore blame the politicians.  This is from my research on RD/lops   So from this article I would say when Iraq talks about deleting zero's they mean an RD.

     

    Then why say this Zig? 

     

    He added Abadi that "the government Committee agrees opinion, but it calls for guarantees of non-forgery or reference currency in the markets," noting that "the large number of zeros generates mistakes, and if what has been deleted Snqll mistakes and deal be easier," stressing at the same time that "what we do is the study of safeguards to reduce fraud or return of the currency markets."
     
     
    The way I'm reading this is...The government committee agrees with the call to "delete zeros" but they want guarantees against the higher denominations making it back into circulation. They clearly say here that the use of these HD's is causing problems by saying "the large number of zeros generates mistakes". The reference here is to the bills in circulation being the problem, not so much the zeros on them. If that is correct, then the process of "deleting zeros" here would be referencing the removal of the larger denominations after lower denominations are released and the dinar is re-valued or floated or whatever they plan to do. In other words, they will "delete" them from circulation. Something has to happen for the Iraqis to want to exchange the HD's, that being a change in value and/or the release of the LD's. A straight LOP doesn't get Iraqis turning in HD's. The opening paragraph says it as well:
     
    "Revealed the Finance Committee in the House of Representatives on Thursday to postpone the process of deletion of zeros from the currency until after the next parliamentary elections, while confirming that the government demanding guarantees for currency Replaced not return to markets and forgery."
     
    They are afraid of the HD's making it back into circulation which will breed fraud and forgery. This tells us that the removal of the HD's is not just some pipe dream of RVers but a real event. Could they LOP the zeros from the bills and then "delete" them from circulation...sure...but I just don't see that happening. We'll see.... :shrug:  :)
     
     

     

    • Upvote 2
  3. Wow! This thread actually got me up and out of bed to make this reply because while some of you have said some nice things about how God is in your life and part of everything you do, no one has come remotely close to explaining why so many invoke God's name concerning Iraq. Before I do, let me say this...Are there people out there using the name of God to sell dinar? Probably....And God will deal with them. But there are many who truly feel that what we are standing on the brink of is biblical and I sincerely hope I can shed some light on why so many people believe that this situation with Iraq has everything to do with God. 

     

    Well...if I had to say it in one word, that word would be....Babylon. The ancient city of Babylon was located about 60 miles (100 kilometers) south of Baghdad in modern-day Iraq and served for nearly two millennia as the center of Mesopotamian civilization. One of Babylon's early rulers was Hammurabi who was credited as having put together one of the first systems of law and is depicted on one of the denominations of dinars we are currently hoping RV's.  

     

    By the time Nebuchadnezzar II would come to rule the empire, it stretched from the Persian Gulf to the borders of Egypt. He captured Jerusalem twice, in 597 B.C. and 587 B.C., events that led to the destruction of the first Jewish temple and the deportation of many Jewish inhabitants to Babylonia. This was prophesied in the books of Ezekiel, Daniel, Isaiah, and Jeremiah, 250 years prior to the actual events. At any rate, God also said that he would destroy Babylon as punishment...."Babylon will be a heap of ruins, a haunt of jackals, an object of horror and scorn, a place where no one lives." - Jeremiah 51:37 This prophecy came true as well and the ancient city of Babylon was destroyed.

     

    Now remember that I am giving you the very condensed version but this brings us up to today's current events. The reason so many invoke the name and will of God surrounding Iraq and a possible RV is because the bible clearly states that in the last days, God will raise up New Babylon, in the same location, which will be the seat of power for the Anti-Christ and his one world government that will usher in the second coming of Jesus Christ. It is to be the richest nation the world has ever known...more opulent than any other...and the nations of the world will become extremely rich from financial dealings with her. She will be a cesspool of sin though, but that sin will be part of her lure to the nations. Her rise and fall will be part of the bowl judgments God pours out in the last days. The chapter describes how attractive Babylon will be to the world but inside she is a harlot, over run and overcome with sin, and will be overtaken by the Anti-Christ (beast) from where he will rule the world. The last portion of the chapter describes this in detail...please read below.

     

    Revelation 17 tells us about this New Babylon: (Please read...don't skim over it if you really want to know)

     

    The Great Prostitute and the Beast

     

     

    1 Then one of the seven angels who had the seven bowls came and said to me, "Come, I will show you the judgment of the great prostitute who is seated on many waters, 2 with whom the kings of the earth have committed sexual immorality, and with the wine of whose sexual immorality the dwellers on earth have become drunk." 3 And he carried me away in the Spirit into a wilderness, and I saw a woman sitting on a scarlet beast that was full of blasphemous names, and it had seven heads and ten horns. 4 The woman was arrayed in purple and scarlet, and adorned with gold and jewels and pearls, holding in her hand a golden cup full of abominations and the impurities of her sexual immorality. 5 And on her forehead was written a name of mystery: "Babylon the great, mother of prostitutes and of earth's abominations." 6 And I saw the woman, drunk with the blood of the saints, the blood of the martyrs of Jesus.When I saw her, I marveled greatly. 7 But the angel said to me, "Why do you marvel? I will tell you the mystery of the woman, and of the beast with seven heads and ten horns that carries her. 8 The beast that you saw was, and is not, and is about to rise from the bottomless pit and go to destruction. And the dwellers on earth whose names have not been written in the book of life from the foundation of the world will marvel to see the beast, because it was and is not and is to come. 9 This calls for a mind with wisdom: the seven heads are seven mountains on which the woman is seated; 10 they are also seven kings, five of whom have fallen, one is, the other has not yet come, and when he does come he must remain only a little while. 11 As for the beast that was and is not, it is an eighth but it belongs to the seven, and it goes to destruction. 12 And the ten horns that you saw are ten kings who have not yet received royal power, but they are to receive authority as kings for one hour, together with the beast. 13 These are of one mind, and they hand over their power and authority to the beast. 14 They will make war on the Lamb, and the Lamb will conquer them, for he is Lord of lords and King of kings, and those with him are called and chosen and faithful." 15 And the angel said to me, "The waters that you saw, where the prostitute is seated, are peoples and multitudes and nations and languages. 16 And the ten horns that you saw, they and the beast will hate the prostitute. They will make her desolate and naked, and devour her flesh and burn her up with fire, 17 for God has put it into their hearts to carry out his purpose by being of one mind and handing over their royal power to the beast, until the words of God are fulfilled. 18 And the woman that you saw is the great city that has dominion over the kings of the earth."

     

    Hopefully you can see why so many Christians are watching the events of Iraq very closely. If Iraq, the new Babylon prophesied of in the bible, is about to step onto the world stage as the preeminent nation, about to be flooded with great riches, to where the other nations will become rich off of her, many think the dinar and the RV is the likely way God will use to make them very rich. Revelation 18 continues with describing the rise and fall of this New Babylon. Please read below...

     

     
    The Fall of Babylon
     
    1 After this I saw another angel coming down from heaven, having great authority, and the earth was made bright with his glory. 2 And he called out with a mighty voice, "Fallen, fallen is Babylon the great! She has become a dwelling place for demons, a haunt for every unclean spirit, a haunt for every unclean bird, a haunt for every unclean and detestable beast. 3 For all nations have drunk the wine of the passion of her sexual immorality, and the kings of the earth have committed immorality with her, and the merchants of the earth have grown rich from the power of her luxurious living." 4 Then I heard another voice from heaven saying, "Come out of her, my people, lest you take part in her sins, lest you share in her plagues; 5 for her sins are heaped high as heaven, and God has remembered her iniquities. 6 Pay her back as she herself has paid back others, and repay her double for her deeds; mix a double portion for her in the cup she mixed. 7 As she glorified herself and lived in luxury, so give her a like measure of torment and mourning, since in her heart she says, 'I sit as a queen, I am no widow, and mourning I shall never see.' 8 For this reason her plagues will come in a single day, death and mourning and famine, and she will be burned up with fire; for mighty is the Lord God who has judged her." 9 And the kings of the earth, who committed sexual immorality and lived in luxury with her, will weep and wail over her when they see the smoke of her burning. 10 They will stand far off, in fear of her torment, and say, "Alas! Alas! You great city, you mighty city, Babylon! For in a single hour your judgment has come." 11 And the merchants of the earth weep and mourn for her, since no one buys their cargo anymore, 12 cargo of gold, silver, jewels, pearls, fine linen, purple cloth, silk, scarlet cloth, all kinds of scented wood, all kinds of articles of ivory, all kinds of articles of costly wood, bronze, iron and marble, 13 cinnamon, spice, incense, myrrh, frankincense, wine, oil, fine flour, wheat, cattle and sheep, horses and chariots, and slaves, that is, human souls. 14 "The fruit for which your soul longed has gone from you, and all your delicacies and your splendors are lost to you, never to be found again!" 15 The merchants of these wares, who gained wealth from her, will stand far off, in fear of her torment, weeping and mourning aloud, 16 "Alas, alas, for the great city that was clothed in fine linen, in purple and scarlet, adorned with gold, with jewels, and with pearls! 17 For in a single hour all this wealth has been laid waste."And all shipmasters and seafaring men, sailors and all whose trade is on the sea, stood far off 18 and cried out as they saw the smoke of her burning, "What city was like the great city?" 19 And they threw dust on their heads as they wept and mourned, crying out, "Alas, alas, for the great city where all who had ships at sea grew rich by her wealth! For in a single hour she has been laid waste. 20 Rejoice over her, O heaven, and you saints and apostles and prophets, for God has given judgment for you against her!" 21 Then a mighty angel took up a stone like a great millstone and threw it into the sea, saying, "So will Babylon the great city be thrown down with violence, and will be found no more; 22 and the sound of harpists and musicians, of flute players and trumpeters, will be heard in you no more, and a craftsman of any craft will be found in you no more, and the sound of the mill will be heard in you no more, 23 and the light of a lamp will shine in you no more, and the voice of bridegroom and bride will be heard in you no more, for your merchants were the great ones of the earth, and all nations were deceived by your sorcery. 24 And in her was found the blood of prophets and of saints, and of all who have been slain on earth."
     
    I hope this helps explain why God's name continues to be used when describing the events we hope will transpire. The bible clearly prophecies that a New Babylon will emerge and it will be unlike any other nation in the history of the world. Many believe we are on the verge of God raising up this "great" nation as we are living in the end times. Whether God uses an RV and the dinar to begin the rise of this nation, I don't know. But you can bet that it will happen. God is always working and guiding human history for His purposes. Thanks all and I hope this helps...God bless!


    This is pretty amazing stuff...please read and watch.  http://www.aljazeera.com/video/middleeast/2012/02/201222075513157725.html

     

     

    Or try this one: 

     

    http://www.nytimes.com/2006/04/18/world/middleeast/18babylon.html?pagewanted=all&_r=0

    • Upvote 4
  4. This is another debate over a word or the translation of a single word...Older members should recall the epic and often ugly debates when the CBI used the phrase."Raise the zeros" and "Lift the zeros" rather than "Delete the zeros"

    Should one go to the currency newshound site and their Delete Zeros archive you'll find every related article going back to 2010.

    You'll see that the word delete is often substituted or translated to read subtract,subtracting,cancel,cancelling,drop,dropping,lift,lifting.raise,raising,omit,omitting and my all time favorite "the disarmament of the zeros"..

    What should become clear after reading these articles,some of which are extremely detailed,is the 'stated' intent of the CBI..

    The only debate left,imo,is will they actually do it and the key,as stated by members much smarter than I,is a new currency code.

    Thanks Pocono, I will check them out! I will say that I have looked up "raise the zeros" and "lift the zeros" and the results have been the same, both come back as "the zeros" while the only time I get "leading zeros" is when I do "delete the zeros". But thank you, as I said I will check out those articles.

  5. Wow! Another pretty promising article...hopefully the source is reputable. I did catch this from another article from a couple days ago...

     

     

     "In an attempt by the Government to improve the Iraqi currency, intended to delete the three zeros is pricing exchange rate 1.16 against the dollar, the dinar would replace the State budget $ 172 billion dinars, or the equivalent of about $ 150 million, and the Government is preparing to perform this step with the adoption of the "new dinar" requesting an order from the Central Bank to raise its value gradually down to be equal to the dollar. "

     

     

    You'll notice that they describe the rate 1.16 as a result of dropping the zeros...not to mention the term "gradual" suggests a float. Pretty interesting stuff and it all kind of coincides with what I offered as the yesterday as a possible breakthrough in the dictionary meaning of "delete the zeros" in that that phrase means "leading zeros" in Arabic.   :twothumbs:

  6. What you translated doesnt say "deleting the leading zeros" it just translates to leading. So when you put it together, its incorrect. If you look and focus on only one word, you lose the purpose/meaning of the entire idea. This deleting the zeros plan has not changed since it was first put on the table years ago. Dont you think that if they were saying something else, that all the english news agencies would pick up on it? Not only that, but especially someone like XE.com which is a huge currency website? Thats their job, their purpose, and they are able to understand/translate that they are talking about redenominating.

     

    It would be like the lotto commission giving out the winning numbers weeks in advance so everyone can buy those winning numbers....its just not plausible....

     

    I know we all want it to be that way....especially the ones who are financially desperate....but desperation does not change reality unfortunately....

    Keep, that is not how Arabic works. Every word in the language is based off of a 3 letter Arabic base and when other letters are added it changes the meaning. That's why these translations are all over the place. Again, I was looking for meaning, not translation. There is an arrangement of Arabic letters in the phrase "delete the zeros" that translates to "leading zeros". A certain Arabic letter was added to the overall phrase to give it certain meaning and context. I don't know how else to explain it really...

     

    And I agree with you on your other comments...it doesn't seem plausible...but could it be possible? Give the next two pieces of evidence a look...They are very recent articles. In the first one, I highlighted the important part...See below...

     

    Economic committee member urged CBI to resume the project of deletion of zeros from Iraqi dinars09 Aug 2013
    facebook-news.png
    twitter-news.png
    google-news.png
    Parliamentary commission of economy and investment of the Central Bank has been called by Iraq news network, in order to discuss the significance and process of deletion of zeros from the Iraqi currencies. It has to be noted that Iraq has recently got freedom from the sanctions of Chapter VII and according to the economic experts; it is advantageous to make decisions regarding restructuring of Iraqi currency at this moment. As the sanctions have been withdrawn, it is expected that Iraq will gain more business power in the world and will soon become a popular place for business venture. 

    In the presence of members of the Committee on the economy and investment, MP Khalil mehma stated that the Central Bank should start a currency structure as a purely economic issue. The Attorney pointed out on this issue that Iraqi constitution should be changed accordingly if Iraqi dinar has to be reformatted. He also mentioned that Iraq will be the first country to take this initiative of deleting zeros from its currencies. The government of Iraq has taken some significant steps to build the future of Iraq on the foundation of the foreign investments into the country. Central Bank’s initiative to omit zeros will make the economy of the country stable and certainly will help the investors. Not only that, the common people of Iraq will also be benefitted if such measures take place in near future as this will lead to price stability of the market goods. 

    MP Khalil also added that the project to omit zeros from the currencies of Iraq was pending due to the obligations of chapter VII. According to him government and the Central Bank of Iraq should rethink on this matter and should take swift measures to strengthen the economy of Iraq. Attorney Abdul Hussein abtan said project delays and the survival of the zeros in the Iraqi currency is reasonable as the Iraqi Central Bank reserves of 76 billion dollars and now dealing in thousands. 

    In the month of August of last year, the CBI stated that it was then planning on omission of zeros from the Iraqi currencies. The deletion of Iraqi dinar will facilitate financial transactions made through cash. However, there is a bigger challenge in the way of deletion of zeros from the Iraqi currency. Presently, more than 30 trillion dinars circulating in the Iraqi market which have to be discarded and replaced with a new currency. This task would not be easy, as opined by experts and observers. 

     

    Updated 09 Aug 2013 | Soruce: AIN | By S.Seal
     
     
     
    This is another recent article (from yesterday I believe) and if you read what I put below, you'll see that the mention of the deleting the zeros gets you a 1.16 rate. Just food for thought Keep. Maybe they will be the first nation ever to do it differently as the first article suggests...we'll see!!!
     
     
     "In an attempt by the Government to improve the Iraqi currency, intended to delete the three zeros is pricing exchange rate 1.16 against the dollar, the dinar would replace the State budget $ 172 billion dinars, or the equivalent of about $ 150 million, and the Government is preparing to perform this step with the adoption of the "new dinar" requesting an order from the Central Bank to raise its value gradually down to be equal to the dollar. "

     

  7. The word leading just doesnt fit.....it doesnt go with the rest of whats being said. There are words that will not directly translate in all languages, but it doesnt change what the CBI is saying. Its really a matter of if you think you know or you want them.to.say something they arent.

    I know what you mean Keep...they've been telling us different things for so long it's hard to keep things straight sometimes. Maybe they're trying to throw us off for reasons you yourself have stated...they would be insane to come out and announce it. Perhaps every once in awhile someone lets something slip. I do think though that any discussion about "leading zeros" has to be seen as a direct reference to the exchange rate. It's the only figure that has leading zeros... .00086

    I don't know...let's just hope for the best!

  8. No difference really.....nominal rate/value.....

     

     

    Where did you get "leading" equals the nominal rate/value anyways?

    Hey Keep...sorry brother for not getting back to you. Its been hit or miss for me lately and I'm trying to comment when I can. However, I would like to answer your question. This is from Wikipedia but I've seen this elsewhere too. "Leading zeroes" are used by certain computer programs, like the Forex system.

    "A leading zero is any 0 digit that leads a number string in positional notation. For example, James Bond's famous identifier, 007, has two leading zeros. Leading zeros occupy most significant digits, which could be left blank or omitted for the same numeric value. Usual decimal notation of integers does not use leading zeros except for the zero itself, which would be denoted as an empty stringotherwise.

    Often, leading zeros are found on non-electronic digital displays or on such electronic ones as seven-segment displays, that contain fixed sets of digits. These devices include manual counters,stopwatches, odometers, and digital clocks. Leading zeros are also generated by many older computer programs when creating values to assign to new records, accounts and other files, and as such are likely to be used by utility billing systems, human resources information systems and government databases."

  9. We all know there have been and is still people/guru's that do get or have gotten kick backs to influence people to buy dinar.  We know who paid them.  There are other's who are stuck with the name guru just because they happen to have a different perspective on the dinar.  This does not mean their statements and their input is malicious or self serving, I believe some of them, Tlar being one does believe what he posts.  Tlar is a regular on Kaps site.  Tlar, Kap, and Enorrestte do not always agree on how this is all going to come to an end.  They do research, they gather the information from these articles, which often are like translation puzzles.   In the end because of the translations, you are left with an opinion.  This is what we do here on DV, same thing, and I would certainly not consider any one of us Guru's.  We are not getting kick backs from sellers, we are just hoping to find some nugget of truth.

     

    I suppose Tlar and company, including us may be reading and interpreting to validate for what we are hoping for.   However we cannot trash the RD interpretations either, unfortunately Iraq seems to be announcing this is the direction they are leading to.....or are they misleading us?  It would not be the first time Iraq has mislead, how many times has Talabani died and lived again since his stroke?  Too many to count!  

     

    I happen to like the news Kap brings over, he is very thorough but I also read his interpretations with my skeptical glasses.  Not because I think he is trying to influence me to buy more dinar, but does it make sense to me.  

     

    At the end of the day, I am left with two scenario's......we know which two I speak of, and guess what....I have no ******* clue.  However I do have, and Keep, Yota would agree with me, if there is no ISO code, we are still in the ball game.  The ISO code is the marker for what is going to go down.  Having said that, if they are going to delete zero's in August.....we are in good shape.  It takes about three months to apply and register the new code.  That would mean they will be still using the currency we hold, that is what we want.  

    Well said!

  10.  

    Hairball I always appreciate it when someone tries to look at this from a different angle... Thank You.

     

    I was just reading another thread and by gosh this person from another site is saying "leading" zeros"!

     

    Don't really know of this person but I'm curious... did you post this on his site or did he take it out of this thread?

     

    I guess stranger things have happened and he could have just by chance chosen to do the same thing you did, on the same day. :rolleyes:

     

    Anyways I thought you'd find this interesting if you didn't already know about it. :)

     

     
    "Tlar: , although the end result will be similar as both countries deleted the zeros, the act of Iraq doing so will be completely different from the way Turkey did it. In Turkey we see a true lop of the zeros off the currency bills themselves. 

    Iraq does not intend to knock the zeros off the currency, but rather they will knock the "leading" zeros off the exchange rate (nominal rate". icon_wink.gif Of course then they will introduce the new lower denominations in which the zeros are removed. 

    Iraq has stated the old currency will be at the new rate and will still be usable for at least the next two years. Removing 3 zeros from the exchange rate makes the rate .86. Effectively making a 1000 dinar note worth $860 dollars". 

    Read more: http://dinarvets.com/forums/index.php?/topic/157233-tlar-they-are-insinuating-big-change-in-currency-08082013/#ixzz2bQmoWtGu

     

    Thanks Maggie for the kind words...

     

    Actually Tlar has been using the term "leading zeroes" for quite some time so it's not really a huge coincidence. I don't wanna take up thread space pumping another site but I read Tlar's take on most things as he's pretty logical and down to earth....imho. In fact, the reason why I was so stunned when "leading zeroes" came up as the translation is because Tlar has been using the phrase for quite a while because of articles he has read that included the phrase. Really, the entire theory is part of Dinar Alert's site. Kap and crew has access to an Arabic translator and they have allegedly confirmed the meaning of the phrase as well.

     

    It was really a shot in the dark on my part as I had no idea what to expect when I typed the words in...I was just looking for meaning and not necessarily a translation. I think what I discovered merely backs up what Tlar has been saying. I'll see if I can't dig up those articles with the phrase in them.  

    • Upvote 2
    • Downvote 1
  11. I'm sorry but this sounds too LOPstery to me.  Anyone else?

     

     

    noting that Iraq is not the only country to delete zeros from its currency, the preceding example States Turkey and Lebanon have succeeded bestWhen the economic situation resolution deleted zeros from their currency.

    Read more: http://dinarvets.com/forums/index.php?/topic/157228-shammari-calls-to-set-a-date-to-reset-the-iraqi-currency/#ixzz2bPcwfQVd

     

     

    ye

    Just curious Keep but how much credence do you give to the argument that every time they reference Turkey and Lebanon, they are referring to the same outcome and not the process? 

    • Upvote 2
  12. No difference really.....nominal rate/value.....

     

    Its face value....

     

    Where did you get "leading" equals the nominal rate/value anyways?

    I must be confusing the terms then Keep...the nominal value is 25,000 or face value. The nominal rate is the exchange rate .00086...that is how I understood the two terms...

     

    I recall a few articles from this year where they mention "omitting leading zeroes" but I'll have to dig to find them...I think one was from April and another from July...it was pretty recent if memory serves.

     

    Ironically enough, this was posted here http://dinarvets.com/forums/index.php?/topic/157233-tlar-they-are-insinuating-big-change-in-currency-08082013/#entry1236395 just a while ago and has to do with what we're talking about...

     

    I'll get back on here later...gotta take the wife and kids to dinner...ha!

    • Upvote 1
    • Downvote 1
  13. Hey hairball,

     

     Saw your reply on the other thread......

     

    Can I ask where you got "leading" means nominal value??

     

    But besides that, even if you take the zeros off the nominal value, that is actually referring to the face value....which would be for instance the number on the bill like 25,000 dinar. Not the .00086....

     

    Definition of 'Nominal Value'

    The stated value of an issued security. Nominal value in economics also refers to a value expressed in monetary terms for a specific year or years, without adjusting for inflation. When used in reference to securities, nominal value is also known face value or par value.

     

    nom·i·nal val·ue  

    Noun
    1. The value that is stated on currency; face value.
    2. The price of a share, bond, or security when it was issued, rather than its current market value.
     
    Synonyms
    par - face value

     

     

     

    I was actually interested in your post because of what you were stating.....I really wish to find that we have it all wrong, but it still doesnt look any different then before....thanks for posting and for looking into it.....Ive been trying for awhile myself to debunk the whole deleting the zeros but to no avail....

    Good catch Keep....that is me simply typing the wrong term. I meant the nominal rate or the exchange rate and not value...Sorry bro...

     

    Hi Hairball51;Could you do us all a favor and translate this article I picked up from Newshound today?

    Thanks,

     

    Baghdad: Iraq news network called the Parliamentary Commission on the economy and investment the Central Bank of Iraq, the need to delete the zeros of the Iraqi currency after the land was available and exit Iraq from Chapter VII, and the economy is expected advantages and the results summary of Security Council-imposed penalty.

    The words of the Rapporteur of the Committee, MP Khalil mehma, in the presence of members of the Committee on the economy and investment, the Central Bank should start a currency structure as a purely economic issue.

    The Attorney said that the Iraqi Constitution between the need to change and delete the currency required by the economic situation of the country, and the public good, for Parliament and the Government to support the country’s economic identity, expecting to witness the coming budgets increase and prosperity after the investment companies to Iraq, noting that Iraq is not the only country to delete zeros from its currency, the preceding example States Turkey and Lebanon have succeeded bestWhen the economic situation resolution deleted zeros from their currency.

    the MP Khalil project delete zeros and the objections of the Central Bank and the Government of Iraq requested that wait till an appropriate time and after coming out of Chapter VII all justifications and arguments ended this project. in turn, the alaktasadet Committee member criticized Attorney Abdul Hussein abtan said project delays and the survival of the zeros in the Iraqi currency and forIs it reasonable that the Iraqi Central Bank reserves of 76 billion dollars and now dealing in thousands.

    The CBI had said in August that it planned to delete the zeros of the Iraqi dinar to facilitate financial transactions made through cash. among the difficulties faced by Iraq if it wanted to delete the zeros of the dinar is pulling about 30 trillion dinars circulating in the Iraqi market is then discarded and replaced with a new currency.

     

    Q: Does that mean that they (CBI) actually plans to delete zeros in august, or that they just said they would in august, translation makes a World of difference.

    I can't believe I'm going to say this but the way I'm translating these articles now, it helps having the original in Arabic so you can just plug the words in directly so you see the meaning. But to answer your question, I'm getting about the same translation as ReV with one exception...."...to facilitate financial transactions through the IMF."

  14. There is so much context that's been giving towards deleting three zeroes and your looking at a translator software and somehow there's a breakthrough?

    Nothing better than good ole American advertising. Hope the sales pick up soon for you. I want to help you guys sell some dinar too.

    Deleting three zeroes is a rv. Sounds sweet and believable. Now go make some money

    You can infer all you want that I'm some kind of "pumper" or whatever Sand...but you're wrong. You would think someone not totally bent on one outcome could say something like "Oh wow...That's interesting...." or something other than what you've posted here. All I did was think of a different way to find out the meaning of the phrase and posted the results....that's it! The results speak for themselves Sand...I took the phrase that's been in EVERY article and translated not just the word to English but it's Arabic meaning and you think I'm "pumping"...ha! What a joke!

    • Upvote 14
  15. I really hope this is correct Hairball!  That would make everyone's day I'm sure.   :twothumbs:

    Try it for yourself....don't just take my word for it. Go to dictionary.com and follow the steps I took above. You will clearly see the translation come back as "leading zeroes"...

    interesting ..... but that what I always thought it meant .

     

    +1

    I know some of us have always thought that but there are those on here who really don't know and are on the fence about LOP vs. RV. I hope this settles it once and for all!!!

    • Upvote 5
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.