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dinarck
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I dont think that is the question. I think the question is how is one possible? They have 60 trillion dinar in exsistence, over 30 trillion of that outside banks,

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Can you supply a link to verify this? I doubt it. Your number are way out of whack. Try doing some real research and come up with accurate numbers and you may see the light.

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I dont think that is the question. I think the question is how is one possible? They have 60 trillion dinar in exsistence, over 30 trillion of that outside banks,

Read more:

Can you supply a link to verify this? I doubt it. Your number are way out of whack. Try doing some real research and come up with accurate numbers and you may see the light.

You mean by research whatever sounds good on a dinar forum? The CBI finacials are clear. Sorry if you choose to believe fantasy over them. Hyperinflated currencies require huge numbers just for everyday business. Its only 60 billion USD worth and isnt that hard to believe that it exsists.

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You mean by research whatever sounds good on a dinar forum? The CBI finacials are clear. Sorry if you choose to believe fantasy over them. Hyperinflated currencies require huge numbers just for everyday business. Its only 60 billion USD worth and isnt that hard to believe that it exsists.

So where is the link?

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www.cbi.iq

You will find everything you need to know there....

Look for the financial statements.....they do state 25 or so trillion dinar outside the banks in physical currency....they also state that the total money supply (M2) is over 60 trillion dinar....

Thanks Keepem. Using my phone so cant post links but yeah, look no further than the CBI website. A little reading of actual documentation instead of guru trash is all it takes.

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http://www.rferl.org/content/iraq_said_planning_currency_overhaul_redenomination/24245867.html

Iraq Said To Be Planning Currency Overhaul, Redenomination

BAGHDAD -- A senior Iraqi Central Bank adviser says the government has adopted a two-pronged plan to restructure the national currency in order to facilitate large transactions and make government accounts more efficient, RFE/RL's Radio Free Iraq reports.

Mudhhir Muhammad Salih, a member of the bank's advisory panel, told RFE/RL on June 23 that in the short term, larger banknote denominations of the dinar would be issued to simplify major transactions.

He said that because so many Iraqis still dealt mainly in cash, it was cumbersome to carry bags full of money to pay for expensive items like cars. The inconvenience leads people making such purchases -- as well as many entrepreneurs -- to use dollars for those kinds of transactions instead of dinars, something the government wants to end.

He added that large denominations equivalent to around $100 would be issued to simplify major purchases, and new coins and lower denominations would be introduced for smaller transactions.

In the longer term, Saleh said a redenomination was needed wherein three zeros will be dropped so that the 25,000-dinar banknote -- currently the largest denomination -- becomes a 25-dinar note.

He said the change was inevitable, considering the economy is expecting high growth in the coming years with a planned increase in oil production to finance reconstruction projects.

Saleh said there were currently some 29 trillion dinars in circulation in Iraq, represented by some 6 trillion banknotes of various denominations, most of them quite small. He said this also caused complications for the Central Bank and government, as well as commercial accounting departments.

Saleh said the monetary-restructuring plan was drawn up with the help of foreign experts and financial institutions, including the International Monetary Fund, of which Iraq has been a member since 1945.

The plan will soon be presented to the cabinet, which is expected to subsequently send a bill to parliament.

Saleh noted that until 1980 the Iraqi dinar exchange rate was 1 dinar/$3.3 compared to $1/1,168 dinars now due to hyperinflation that occurred during the latter part of the late ousted leader Saddam Hussein's reign.

............................................................................................................................................................................................................................................

"In the longer term, Saleh said a redenomination was needed wherein three zeros will be dropped so that the 25,000-dinar banknote -- currently the largest denomination -- becomes a 25-dinar note."

:o:D

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So where is the link?

Youve been around since April and have almost 2100 posts and you haven't even looked at the CBIs website?

And then you have the gall to tell someone else to do some "real research"? Wow dude. Just wow. What's "real research" in your mind? Reading the chat and rumor section?

Iraq has an M2 of over 60 trillion and it has been increasing, not decreasing.

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Go away. Your brain passed away years ago. Please leave. I am being nice. Leave your dinar on the front stoop and GOOOOO AWAAAAY!!! ;)

Alex.. You know I like you as a Person.... But come on now....You can do better than that... Dinarck is expressing his views like everybody else here. Nobody has to be ordered to go away. You know that as much as I do and everybody else.

Also pls remember he got already confined to this very section for some months......Which I hope will end soon ( confinement)

Edited by umbertino
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another example of someone who wants everything given to them and not do any work

And I guess you have contributed so much to the site in your short time here. Do some work yourself and until then sit back and be queit, I havent seen you offer any news on the general boards or in VIP's.

If some one wants to copy and paste an article or put a link up that is 78 they can paraphrase it and give a link if some one wants to read more into it.

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You show a Totally socialist commie regime as an example.

Our President is on the same page with this idiot! I'm sure O would shed a tear if his surgery goes bad.

I will do a little dance if he doesn't make it!

Im guessing that you are to young to remember our country when we still had rights!

What good will a clean environment do for you if you can't feed your family!

Sorry but I was brought up believing in Capitolism.

Not a welfare check and a free ride.

I miss Reagan! I miss our Country

I'm way off topic here but HATE socialism!

I may be part of the 99 % but believe the occupy movement expects a Free ride!

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You show a Totally socialist commie regime as an example.

Our President is on the same page with this idiot! I'm sure O would shed a tear if his surgery goes bad.

I will do a little dance if he doesn't make it!

Im guessing that you are to young to remember our country when we still had rights!

What good will a clean environment do for you if you can't feed your family!

Sorry but I was brought up believing in Capitolism.

Not a welfare check and a free ride.

I miss Reagan! I miss our Country

I'm way off topic here but HATE socialism!

I may be part of the 99 % but believe the occupy movement expects a Free ride!

I agree with 99% of your post but redenominations don't discriminate about the countries political leanings. Commie, solcialist, democracies, whatever. They are all vulnerable if hyperinflation has taken its toll.

Dinarck, just sell us your dinar. I will pay you 10% for it. I am sure others will pay more for it on this board. You sell it you make money, you'll be happy.

Another poster unable to contribute to the debate. Go figure.

1200 per million and they are all yours.

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I agree with 99% of your post but redenominations don't discriminate about the countries political leanings. Commie, solcialist, democracies, whatever. They are all vulnerable if hyperinflation has taken its toll.

Another poster unable to contribute to the debate. Go figure.

1200 per million and they are all yours.

I totally agree with what you are saying.

I've been buying dinars for some time now.

Not crazy, just a little bit here and there. Basically my lunch money LOL

I would have blown this money already so I figure if it Lops and we have to cash in Im still way ahead.

Maybe i would get some sleep at night.

Take care

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It's a great post Dinarck and is exactly what is going on...it's funny to me that so many people bash Okie or some other guru RV claim of the day...yet when someone clearly shows them what is really happening they dig their heels in on why Iraq is going to RV any day now.

And only idiots use "sell you dinar and get out" as a good argument for what they believe in....truth is no one has ever found a way for Iraq to pay for an overnight RV of 1000000% yet people still want to believe that is what they will wake up to.

A big RV is not possible not now not ever....but the only people who figure this out are the ones that look at information outside of dinar web sites....Shame on this site for limiting you to this area...it is cowardice to do so...just because you can think for yourself and can put up a compelling argument for what you believe...it just isn't what people want....so they hate.

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It's a great post Dinarck and is exactly what is going on...it's funny to me that so many people bash Okie or some other guru RV claim of the day...yet when someone clearly shows them what is really happening they dig their heels in on why Iraq is going to RV any day now.

And only idiots use "sell you dinar and get out" as a good argument for what they believe in....truth is no one has ever found a way for Iraq to pay for an overnight RV of 1000000% yet people still want to believe that is what they will wake up to.

A big RV is not possible not now not ever....but the only people who figure this out are the ones that look at information outside of dinar web sites....Shame on this site for limiting you to this area...it is cowardice to do so...just because you can think for yourself and can put up a compelling argument for what you believe...it just isn't what people want....so they hate.

Thanks JMW. I am really not upset with Adam or any of his mods for banishing me here. I really have to hand it to Adam for at least allowing me to post here and continue to observe in the main forums. Every other site out there that I know of would have completely silenced any opposition to the status quo. It is kind of a shame but the main forums are for wishful thinkers and those who dont really understand what is going on or how the real world works. Dont get me wrong, there are many in the main forums who do know whats up but they are quickly bashed into submission by the GO Rvers.This is where real debate takes place and the delusioned obviously cant hang here. Funny how none of them even attempt to explain themselves here any more. They are all too busy patting themselves on the back because a budget was passed that means absolutely nothing. It is hilarious to see them twist the numbers around to try and show a "RV" is present in the budget without even a clue that the budget is clear. Over 100 trillion Dinar. Go figure.

Now we have a thread to vote on the biggest Lobster. Haha... Sonny made my day with that one. Its all in good spirits and I dont mind being trashed a little in it. The one thing that pulls my string in that thread is JW11 and his remarks. I would love for him to just once attempt an actual conversation instead of.....This thing is bigger than us all.....or.....It is happening right before our eyes....He is in my opinion the most clueless person on this site. It may seem like I am bashing here but really I am just inviting him for a discussion after his hateful remarks towards me.

This whole LOP or Lopster nonsense has really gotten outta hand if you ask me. I simply do not understand how so many people can completey discount what Shabibi has said numerous times and the CBI hundreds of times. How much more clear can it get? The sad thing is many believe that Shabs said they were going to RV or somehow hinted towards it. The mass brainwashing by thousands of misinformed wannabe "investors" topped off by dinar pumping gurus has seriously taken its toll on the common sense of most on this and probably most other sites. It really is sad that the majority do not even want to learn about redenominations because that isnt what they were promised by who ever talked them into this thing and the thought of not becoming ultra rich overnight must be completely blocked from their mind. So they get defensive and use the sell your dinar or why are you here lines instead of listening to fact and coming to terms with what is really going on. Its just human nature I guess by I for one dont like being lied to and no matter how much I dont like the truth I still want to hear it.

Another thing I simply cannot grasp is how those of us who believe a redenomination is not only possible but likely are looked at as negative or misinformed when it is us that have all of the facts, history, numbers, economics, statements from the CBI, hundreds of articles out of Iraq, and basic common sense to back up everything we say while the GO RVers cannot even show one instance throughout history when something like this occured and do not even know how to begin to explain how a 100,000% overnight increase is even possible without resorting to conspiracy, misinformation, or just straight out rediculous theories that they read on a dinar forum or heard in a chat. They dont understand hyperinflated currencies, they dont understand redenominations, they dont understand what a real RV is, they dont understand anything other than what they have been told by not-so-breitling or by one of their buddies who has been lied to by some pumper on an audio.

Anyway I have rambled enough. Thanks for all you do here jmw. Come by and see me in LOP land every now and then. :P

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Thanks JMW. I am really not upset with Adam or any of his mods for banishing me here. I really have to hand it to Adam for at least allowing me to post here and continue to observe in the main forums. Every other site out there that I know of would have completely silenced any opposition to the status quo. It is kind of a shame but the main forums are for wishful thinkers and those who dont really understand what is going on or how the real world works. Dont get me wrong, there are many in the main forums who do know whats up but they are quickly bashed into submission by the GO Rvers.This is where real debate takes place and the delusioned obviously cant hang here. Funny how none of them even attempt to explain themselves here any more. They are all too busy patting themselves on the back because a budget was passed that means absolutely nothing. It is hilarious to see them twist the numbers around to try and show a "RV" is present in the budget without even a clue that the budget is clear. Over 100 trillion Dinar. Go figure.

Now we have a thread to vote on the biggest Lobster. Haha... Sonny made my day with that one. Its all in good spirits and I dont mind being trashed a little in it. The one thing that pulls my string in that thread is JW11 and his remarks. I would love for him to just once attempt an actual conversation instead of.....This thing is bigger than us all.....or.....It is happening right before our eyes....He is in my opinion the most clueless person on this site. It may seem like I am bashing here but really I am just inviting him for a discussion after his hateful remarks towards me.

This whole LOP or Lopster nonsense has really gotten outta hand if you ask me. I simply do not understand how so many people can completey discount what Shabibi has said numerous times and the CBI hundreds of times. How much more clear can it get? The sad thing is many believe that Shabs said they were going to RV or somehow hinted towards it. The mass brainwashing by thousands of misinformed wannabe "investors" topped off by dinar pumping gurus has seriously taken its toll on the common sense of most on this and probably most other sites. It really is sad that the majority do not even want to learn about redenominations because that isnt what they were promised by who ever talked them into this thing and the thought of not becoming ultra rich overnight must be completely blocked from their mind. So they get defensive and use the sell your dinar or why are you here lines instead of listening to fact and coming to terms with what is really going on. Its just human nature I guess by I for one dont like being lied to and no matter how much I dont like the truth I still want to hear it.

Another thing I simply cannot grasp is how those of us who believe a redenomination is not only possible but likely are looked at as negative or misinformed when it is us that have all of the facts, history, numbers, economics, statements from the CBI, hundreds of articles out of Iraq, and basic common sense to back up everything we say while the GO RVers cannot even show one instance throughout history when something like this occured and do not even know how to begin to explain how a 100,000% overnight increase is even possible without resorting to conspiracy, misinformation, or just straight out rediculous theories that they read on a dinar forum or heard in a chat. They dont understand hyperinflated currencies, they dont understand redenominations, they dont understand what a real RV is, they dont understand anything other than what they have been told by not-so-breitling or by one of their buddies who has been lied to by some pumper on an audio.

Anyway I have rambled enough. Thanks for all you do here jmw. Come by and see me in LOP land every now and then. :P

Wow you really have plenty of free time to really sit there and type all of the lop guru information. Thanks for for your concern for on how i spend my money and what i believe in. I can't spend to much time here I have to go tell as many people I can to invest in the Iraqi dinars before it RV's. I want to thank you again for spending you Friday night reassuring me that it will RV.

I can't wait to read the books that will be written on this process of the RV. Then I will be able to find out who you really work for. You are good at your job you must get paid very well, but I figure you have more invested in the Iraqi dinars them most members of DV.

And yes I'm on this site at 5am early Saturday morning because im a RV'er in the waiting.

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It's a great post Dinarck and is exactly what is going on...it's funny to me that so many people bash Okie or some other guru RV claim of the day...yet when someone clearly shows them what is really happening they dig their heels in on why Iraq is going to RV any day now.

And only idiots use "sell you dinar and get out" as a good argument for what they believe in....truth is no one has ever found a way for Iraq to pay for an overnight RV of 1000000% yet people still want to believe that is what they will wake up to.

A big RV is not possible not now not ever....but the only people who figure this out are the ones that look at information outside of dinar web sites....Shame on this site for limiting you to this area...it is cowardice to do so...just because you can think for yourself and can put up a compelling argument for what you believe...it just isn't what people want....so they hate.

Class act calling others "idiots". Is that how you address those that disagree with you in the real world or do you just have the guts to do it here from behind your keyboard? Either way it says alot about the person you are. Best to the rest

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Wow you really have plenty of free time to really sit there and type all of the lop guru information. Thanks for for your concern for on how i spend my money and what i believe in. I can't spend to much time here I have to go tell as many people I can to invest in the Iraqi dinars before it RV's. I want to thank you again for spending you Friday night reassuring me that it will RV.

I can't wait to read the books that will be written on this process of the RV. Then I will be able to find out who you really work for. You are good at your job you must get paid very well, but I figure you have more invested in the Iraqi dinars them most members of DV.

And yes I'm on this site at 5am early Saturday morning because im a RV'er in the waiting.

And what will those books be called? How to create 60 trillion USD worth of fiat money overnight? Maybe all countries will read them and be able to just suddenly decide to increase the value of their currencies by 100,000%. Why not? Is Iraq the only one special enough? Why is it that I doubt you will answer any of these questions and instead go on some rant about how you are going to go buy more dinar and tell all your friends to go buy some too. Thankyou for proving my whole point in my previous post.

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And what will those books be called? How to create 60 trillion USD worth of fiat money overnight? Maybe all countries will read them and be able to just suddenly decide to increase the value of their currencies by 100,000%. Why not? Is Iraq the only one special enough? Why is it that I doubt you will answer any of these questions and instead go on some rant about how you are going to go buy more dinar and tell all your friends to go buy some too. Thankyou for proving my whole point in my previous post.

Wow you still on duty? Are you getting paid overtime? What time you get off? You guys need a union rep.

And what will those books be called? How to create 60 trillion USD worth of fiat money overnight? Maybe all countries will read them and be able to just suddenly decide to increase the value of their currencies by 100,000%. Why not? Is Iraq the only one special enough? Why is it that I doubt you will answer any of these questions and instead go on some rant about how you are going to go buy more dinar and tell all your friends to go buy some too. Thankyou for proving my whole point in my previous post.

Wow you still on duty? Are you getting paid overtime? What time you get off? You guys need a union rep.

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