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Society
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Thursday Night Opinions @ 10:20 PM MST - 1/16/2025
Society replied to ronscarpa's topic in Dinar Rumors
Frank berates people for not "being a good student".....He is one of the worst. -
Thursday Night Opinions @ 10:20 PM MST - 1/16/2025
Society replied to ronscarpa's topic in Dinar Rumors
Frank is once again wrong with his facts.......it is 15 days after passed and received by the President, with or without his signature. It is not 15 days after second reading..... -
I am pretty sure there was an article some months back that stated this
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Why would the contractors be happy at this?????? Think about it, if they were to get paid 1 million dinars per month at 1320, at an $8 rate they would get less than 100 dinars instead......NO WAY they would be excited.......Totally illogical
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Sunday Late Night Opinion @ 11:44 PM CST - 12/01/2024
Society replied to ronscarpa's topic in Dinar Rumors
I disagree!!!!1 Rates will be slightly different from bank to bank.......when I buy or sell foreign currency for travel, I call my different banks to figure out who has the best rate at the time......they are usually not the same. This is similar to the various brokers selling IQD at different prices now........ Every penny difference is $10,000 difference on the bottom line per million ......for example, if Bank A is exchanging at $1.13 and Bank B is exchanging at $1.14, Bank A will give you $1,130,000 for a million IQD and Bank B will give you $1,140,000 for the same million IQD........or, if Bank A is at $3.24 and Bank B is at $3.21, the difference is $3,240,000 vs $3,210,000..... I will definitely shop around when the time comes- 11 replies
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Wednesday Morning Opinions @ 9:15 AM MST - 11/27/2024
Society replied to ronscarpa's topic in Dinar Rumors
Frank once again demonstrating his ignorance...... -
Tuesday Late Nightn Opinions @ 11:45 PM CDT - 11/05/2024
Society replied to ronscarpa's topic in Dinar Rumors
Frankie demonstrating his ignorance once again.....of course he always berates others that they are not "good students".....and, he kicks out of his forum anyone with a brain.....- 2 replies
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Thursday Early Afternoon Opinions @ 2:35 PM MDT - 10/17/2024
Society replied to ronscarpa's topic in Dinar Rumors
Who cares????? Anyone who has been around for any length of time knows that both Huntington and Fifth Third bought and sold IQD for years......they had stopped for a few years and while it may be interesting that Huntington has now resumed, it really is irrelevant. They both have always bought and sold VND..... Who cares about Frank's Bank Stories???? Years ago, when I would walk into my 5th Third Branch, the manager would pull me into her office to give her an update on Iraq.......some bankers are invested and some are not. Some follow along and some have no idea. Some are curious at times trying to decide if they should obtain some for themselves. It all depends on who you are talking to. Years ago, Frank would bring in a guy I believe was named "Rigner" that had a bank source that "knew everything". It turned out to be a 19 year old front line teller. You would have to be an idiot to believe that a 19 year old front line teller was being given direct inside information. She was probably listening to Okie at the time. All is irrelevant until the CBI implements the Delete the Zeros Project.......Frank has always made Mountains out of Mole Hills.....then again, the "Show" must Go on!!!! Keep those dollars flowing!!!- 7 replies
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Thursday Night Opinions @ 9:00 PM MDT - 10/10/2024
Society replied to ronscarpa's topic in Dinar Rumors
MarkZ obviously can't read, much less think......the article clearly states the GOI completed the laws and now it goes to Parliament for discussion . Iraq will be lucky to be positioned to be voted as a full member by the next full meeting in 2026. These so-called "gurus" are all idiots!!!!- 10 replies
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Wednesday Lunchtime Opinions @ 12:55 PM MDT - 8/14/2024
Society replied to ronscarpa's topic in Dinar Rumors
Note that he says "will no longer be used". He doesn't say they will be withdrawn. I agree with him. The 3 Zero notes will be effectively useless in the Market place over time. Can you imagine trying to buy a loaf of bread with a 25,000IQD note that has a value of $25,000+ USD??? Cars/houses, boats perhaps but not in the day to day market for consumer goods. Initially, vendors may be able to make change as the 3 zero notes will be around but that will change quickly and the 3 zero notes will not be used.- 26 replies
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Wednesday Lunchtime Opinions @ 12:55 PM MDT - 8/14/2024
Society replied to ronscarpa's topic in Dinar Rumors
From the CBI Governor, article dated 10/13/16: He noted that” the introduction of new currency does not mean the destruction of ancient coins , but it will continue to trade to about ten years , “pointing out that” this period will enable the central bank to withdraw the old currency in accordance with the mechanics will maintain market liquidity. ”- 26 replies
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Monday Late Morning Opinions @ 11:33 AM MDT - 7/22/2024
Society replied to ronscarpa's topic in Dinar Rumors
Approximately 8.250 Billion I believe- 12 replies
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Wednesday Lunchtime Opinions @ 12:45 PM MDT - 6/05/2024
Society replied to ronscarpa's topic in Dinar Rumors
It is currently an "in-country" rate.........until they officially are acknowledged to have accepted and met Article VIII obligations and are permitted to reinstate, it will be an "in-country" rate -
Wednesday Early Morning Opinions @ 8:58 AM MDT - 5/15/2024
Society replied to ronscarpa's topic in Dinar Rumors
Hey Luigi, all past budgets noted the Rate of IQD to USD as the budget value is based on USD......the rate is always noted as the CBI official rate.......If the CBI official rate changes previous to the new budget schedules being passed, the new rate will be noted in the budget -
Sunday Evening Opinions @ 7:25 PM MDT - 5/12/2024
Society replied to ronscarpa's topic in Dinar Rumors
So.....as it turns out, everything that Frank stated about the 1000Fil Note turns out to be untrue. What's more is that he demeaned all others for not having found and discussed the 1000 Fil Note as "his teams" knew about it since January 1st. He also said "his Teams" wouldn't let him talk about it until he begged them last week after "one of his Forum members" brought it to his attention. None of this makes sense. It appears Frank got caught in his own BS. One of his other Forum members called him out on it as the so-called 1000Fil Note was actually a 5000 IQD Note. So much for Frank being a "Good Student" much less it really calls into question the credibility of his "teams".