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May dinar is equal to the dollar!


yota691
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Don't go Stryker Don't go !!!!! Just kidding :D Carrello, Zig, Redsand and Yota will keep the lopsters busy, but hurry back :D

You think they will let us have a lopster bake in the Penthouse ????

Shelley, the lopster pot is on a slow boil, and the minute the RV hits, BOOM - SOON! Dinner served shortly thereafter. We do have a dress code for the Penthouse, so no lopster bibs will be allowed, if you get my drift. Smiles, new friends, Lopsters with changed attitudes, and lots of room service are allowed in the Texas Penthouse. Sonny1, can we get Texas BBQ in LV? B)

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I hate to say it but the article is clearly describing how the RD will take place, hope things don't transpire this way.

With what your stating, with all the article iv'e read, that states this will benefit the Iraq People and to have a Better Life. All those statements in every article, (which is more then i care to count), would mean that the Lives of the Iraq would not change. I don't think a RD is gonna help them IMO

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Shelley, the lopster pot is on a slow boil, and the minute the RV hits, BOOM - SOON! Dinner served shortly thereafter. We do have a dress code for the Penthouse, so no lopster bibs will be allowed, if you get my drift. Smiles, new friends, Lopsters with changed attitudes, and lots of room service are allowed in the Texas Penthouse. Sonny1, can we get Texas BBQ in LV? B)

sounds good! I want Lobster on my plate. Surf & turf for everyone!th_smiley_two_thumbs_up.gif

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AMHVL....

***///

It's just what happens when you get old enough not to give a rat's behind about stupid stuff...

Feels good!

Thanks for chucklin'.... in the circles I usually run in, I'm the only one who thinks i'm amusing :P

who are THEY to judge ME!?... look who they're hangin' out with... :lol:

Edited by SgtFuryUSCZ
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You are assuming that May is used as a month of the year, and not as a verb, as in possibility.

What was the name of the game when we were kids, you had to ask if you can move a few steps forward ???

IRAQ : May I move forward ?? YES YES YES you MAY

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You are assuming that May is used as a month of the year, and not as a verb, as in possibility.

Thanks. I knew i was reading it wrong, buit trying to rely on my own understanding of the english language was making the staement gramatically incorrect. Thanks for the insight. With all the talk of June, i could not resist hoping this was referring to the month of May

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Some of you really need a break from this thing. It's very obvious that your not thinking right at this point. Way to much suspicion and anger going down!

Tell me brother - I'm begining to see Dinar articles crawling, clawing, snapping teeth Naked Lunch style out of my monitor...

...I'd lay down and take a nap but I can't bear to close my eyes...the horror... the horror... the horror :wacko:

GH B)

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maybe I'm missing something here, but it seems that they are clearly explaining a RD not a RV

Well, unless that is if someone can provide for us a definition of what it means when a country "deletes zeros". Here are the examples of other counties that deleted zeros:

http://mg.co.za/article/2008-07-30-zim-to-lop-10-zeros-off-currency

http://www.cenbank.org/redenomination/newpolicy.asp

http://www.rferl.org/content/article/1059616.html

https://www.isdadocs.org/speeches/memopdf/Redenomination-Memo-061405.pdf

http://www.spokesman.com/stories/2004/dec/31/turkey-will-lop-six-zeros-from-its-currency-at/

All of the nations in the articles above that deleted zeros redenominated. I have been looking to see if there is any precedence or history of a country that suffered years of hyperinflation and had to add the zeros, and were able to delete zeros from the rate without also the currency. If anyone can show this, or to show the deletion of zeros is anything other than a RD for us, then that would be greatly appreciated, and something worth getting excited about thinking that this is a good thing for us. Until then, I think we should stick with the facts, and what the definition of deletion of zeros is to stay grounded and realistic.

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Well, unless that is if someone can provide for us a definition of what it means when a country "deletes zeros". Here are the examples of other counties that deleted zeros:

http://mg.co.za/article/2008-07-30-zim-to-lop-10-zeros-off-currency

http://www.cenbank.org/redenomination/newpolicy.asp

http://www.rferl.org/content/article/1059616.html

https://www.isdadocs.org/speeches/memopdf/Redenomination-Memo-061405.pdf

http://www.spokesman.com/stories/2004/dec/31/turkey-will-lop-six-zeros-from-its-currency-at/

All of the nations in the articles above that deleted zeros redenominated. I have been looking to see if there is any precedence or history of a country that suffered years of hyperinflation and had to add the zeros, and were able to delete zeros from the rate without also the currency. If anyone can show this, or to show the deletion of zeros is anything other than a RD for us, then that would be greatly appreciated, and something worth getting excited about thinking that this is a good thing for us. Until then, I think we should stick with the facts, and what the definition of deletion of zeros is to stay grounded and realistic.

Please unless one those country start with a I and ends in a Q take it to the LOP section respectfully!!

Edited by yota691
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Please unless one those country start with a I and ends in a Q take it to the LOP section respectfully!!

Sorry Yota.. but it belongs here. Unless your are trying to insinuate that the only people that should reply are pumpers and people who want to create hype? I think that a fair, balanced, realistic opinions that can be supported by facts, and historical references is relevant here. Now, if all you want is pumpers and lies... please take it to sites such as Okie's and the like where you will get fed nothing but lies where facts are never allowed. You can have all the lies until your heart desires there for you :P

In the meantime, please see my comment, and if you can provide a definition that I asked for that contradicts what I said, I would not recommend bashing. If you can in fact provide a definition with historical facts or evidence to support what I stated is wrong, I will respectfully admit that what I stated is wrong, and say thank you for the clarification.

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Well, unless that is if someone can provide for us a definition of what it means when a country "deletes zeros". Here are the examples of other counties that deleted zeros:

http://mg.co.za/arti...os-off-currency

http://www.cenbank.o...n/newpolicy.asp

http://www.rferl.org...le/1059616.html

https://www.isdadocs...Memo-061405.pdf

http://www.spokesman...ts-currency-at/

All of the nations in the articles above that deleted zeros redenominated. I have been looking to see if there is any precedence or history of a country that suffered years of hyperinflation and had to add the zeros, and were able to delete zeros from the rate without also the currency. If anyone can show this, or to show the deletion of zeros is anything other than a RD for us, then that would be greatly appreciated, and something worth getting excited about thinking that this is a good thing for us. Until then, I think we should stick with the facts, and what the definition of deletion of zeros is to stay grounded and realistic.

Hi JayP. I guess the argument to why most of us feel Iraq is different is the exchange rate is a program rate due to UN sanctions because of the war. Not inflation. If you look at their reserves, population, debt and the wealth of their natual resources, many people (smarter than me) feel the value of the dinar is under valued. While anything is possible, I remain hopeful of a positive outcome. To me anything above .10 cents is awesome. Enjoy the crazy ride.

Go RV

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Hi JayP. I guess the argument to why most of us feel Iraq is different is the exchange rate is a program rate due to UN sanctions because of the war. Not inflation. If you look at their reserves, population, debt and the wealth of their natual resources, many people (smarter than me) feel the value of the dinar is under valued. While anything is possible, I remain hopeful of a positive outcome. To me anything above .10 cents is awesome. Enjoy the crazy ride.

Go RV

Hi elixerbaby.. you are sort of right here, because the rate is because of sanctions, and wars over years. That did that not happen as a result of the current currency though, and the actions that they took put them in a position to want to delete the zeros in order to get back to a rate near a dollar. Here is a link that will give you the history of their rates, and you can see that the rate they have, is actually much higher than what it was well before we invaded Iraq and the current currency was put into place:

http://treasury.un.org/operationalrates/Details.aspx?code=IQD&currency=Iraqi+Dinar&country=Iraq

That will give you the rates for even well before we invaded. Their currency actually started the decline well before they invaded Kuwait in 1990, where their rate dropped to round .30, and then after 1990 Kuwaiti invasion, it was then pummeled by the sanctions, and suffered hyperinflation. Here is a chart that shows the history of the inflation in Iraq, and you can see they absolutely suffered hyperinflation, which is why they have the circulation they do today:

http://www.indexmundi.com/g/g.aspx?c=iz&v=71

As a result, they printed currency like crazy and added the zeros to the notes. Now that inflation has been mitigated, they still have the zeros, so in order to have a rate near the dollar again, they need to delete those zeros, which is what a redenomination is. Sure, maybe they will not Rd though, and maybe they will allow a slow climb making minor adjustements as necessary, and that would be ideal. I agree though, even at .10, that would be an amazing return, but they would still need to address the massive amount of currency in circulation now before they would even get to .10.

Edited by JayP
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Sorry Yota.. but it belongs here. Unless your are trying to insinuate that the only people that should reply are pumpers and people who want to create hype? I think that a fair, balanced, realistic opinions that can be supported by facts, and historical references is relevant here. Now, if all you want is pumpers and lies... please take it to sites such as Okie's and the like where you will get fed nothing but lies where facts are never allowed. You can have all the lies until your heart desires there for you :P

In the meantime, please see my comment, and if you can provide a definition that I asked for that contradicts what I said, I would not recommend bashing. If you can in fact provide a definition with historical facts or evidence to support what I stated is wrong, I will respectfully admit that what I stated is wrong, and say thank you for the clarification.

JayP your links have been here hundred times, your not the First to post them, as you said that was History. Iraq future Has 1000 time more resources then any of those country combined. Never stated you were wrong about those country. But this Iraq. And are you insinuate that I'm a PUMPER an I belong at Okie site an I'm a Liar. Seems you got me all wrong!! JayP

Edited by yota691
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Sorry Yota.. but it belongs here. Unless your are trying to insinuate that the only people that should reply are pumpers and people who want to create hype? I think that a fair, balanced, realistic opinions that can be supported by facts, and historical references is relevant here. Now, if all you want is pumpers and lies... please take it to sites such as Okie's and the like where you will get fed nothing but lies where facts are never allowed. You can have all the lies until your heart desires there for you :P

In the meantime, please see my comment, and if you can provide a definition that I asked for that contradicts what I said, I would not recommend bashing. If you can in fact provide a definition with historical facts or evidence to support what I stated is wrong, I will respectfully admit that what I stated is wrong, and say thank you for the clarification.

Historical facts belong in the past,so unless you can provide facts(facts are not articles on what the may do) as to what Iraq will do unequivocally then its all speculation and opinion. No pumpers or reverse pumpers were harmed in this opinion-Best to all.

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