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Showing results for tags 'Tasty LOPster bait!'.
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OK folks, a lot of excitement lately. But most thread degenerate into the LOPster vs RV argument every time. When I first came on DV a few years back, everyone told me, "No way will this LOP. It's gonna RV " I believed it. Now I still beleve it, but I have to say there are strong reasons for both sides. I am going to keep this take short and sweet, to make debate about it simple: 1. If they truly do have such a large M1/2 anywhere from 30-70 trillion dinar, that points to an LOP, no doubt. 2. If Iraq is truly in control of its currency without Washington's influence, then that points to an LOP. 3. If you perceive Iraq to still be in tatters and war-torn, and foreign investment has been stifled, even after all these years, then that means LOP. 4. If years of articles debating an RD and "dropping the zeros" are to be believed, then that points to an LOP. 5. If we take history as an example, with hyperinflated currencies (past or present), then that means LOP. 6. If Iraq can keep using the dollar for decades, and NO ONE has made a strong argument against this on these boards, that means no movement - just as bad as LOP. BUT... 1. If Iraq's books are cooked, and digital dinar greatly outnumber paper currency, and they are going fiat, there is a chance for RV. 2. If Iraq is not in control, but Washington and the WB and IMF, then that points to RV. 3. If Iraq is perceived as high potential for investment, safe from invasion by the US military, and still a "client state" of the U.S., that points to an RV. 4. If all the RD articles over the years are smoke and mirrors, and the government does NOT have to alert its citizens to an RV, or anyone else, and I think they do not - they will just do it - this points to an RV. 5. If we do NOT take history as an example, and follow the money instead, that points to an RV. 6. If Iraq were going to RD, why print all that high-tech currency only to replace it, gaining only a revenue-neutral event and easier counting? 7. If Iraq goes fiat, and all indications are it will, it could RV low at under a dollar, cash paper holding investors in, manipulate digital dinar, and pay for later RV at a higher rate many times over. 7. If an LOP were the plan, why haven't they done it already? Why wait all these years? 8. If the old Saddam dinars were not evenly exchanged, and the US did NOT continue the high inflation under Saddam (presumably by issuing dollars as temporary currency), then the "trillions printed under Saddam" is an illusion that made no sense to continue after Bremer.(this is a tough one) This point to an RV 9. If we follow the money, the war money invested, the debts forgiven by many countries, the work to get Iraq out of Chap. 7, the UN work, investment money and future oil revenues, all these point to RV. It seems there is stronger evidence for a modest RV here than an LOP. Feel free to use numbers to keep the debate simple and easy to follow - the LOPsters will feed on this, as they do all tasty scraps thrown their way....
