TQueezy Posted April 17, 2013 Report Share Posted April 17, 2013 You know what we should do? Get into a lengthy and heated debate about what deleting the zeroes means and whether or not it's good for us dinar speculators! Ready... GO! 1 Link to comment Share on other sites More sharing options...
rocky808 Posted April 17, 2013 Report Share Posted April 17, 2013 Lol guess the horse still has a heartbeat Link to comment Share on other sites More sharing options...
sandyf Posted April 18, 2013 Report Share Posted April 18, 2013 Thanks for the post. This is somemore misinformation! Supposedly, they have been saying that the new currency will be out by January 2013, and that they are looking for a printer. Originally, they were going to have it out by September, but like everything else in Iraq, it was postponed. Now they say this is unconstitutional...no way! Iraq has a plan in place, and the entire government is in support of it. These type articles are just misinformation by the government. If not, then everyone is on the wrong path, and we will need to reevaluate what they are really up to. Very confusing people, but I don't believe this article. JHMO Go RV!!! The article is probably quite correct. Currency can only be replaced under a redenomination which would require a government bill and approved by parliament. Replacing the currency means a new ISO code. Changes to an existing currency are normally at the discretion of the central bank. 1 Link to comment Share on other sites More sharing options...
Darin Posted April 18, 2013 Report Share Posted April 18, 2013 The article is probably quite correct. Currency can only be replaced under a redenomination which would require a government bill and approved by parliament. Replacing the currency means a new ISO code. Changes to an existing currency are normally at the discretion of the central bank. Yep - once we see & verify a new ISO code, we can basically come to the idea that a LOP is imminent to a degree. But, we have yet to see a new ISO code - and getting a new ISO code is also a process that can take awhile. Link to comment Share on other sites More sharing options...
uncirculd Posted April 18, 2013 Report Share Posted April 18, 2013 If it really Is Unconstitutiolal then it's Unconstitutional it dosen't matter if the cleaning staff said it. RV Already It's only unconstitutional because maliki don't want it. Link to comment Share on other sites More sharing options...
vomer Posted April 18, 2013 Report Share Posted April 18, 2013 You know what we should do? Get into a lengthy and heated debate about what deleting the zeroes means and whether or not it's good for us dinar speculators! Ready... GO! This happens every day in here. Link to comment Share on other sites More sharing options...
dontlop Posted April 18, 2013 Report Share Posted April 18, 2013 once we see the exchange rate for the bremmer to the new dinar .. and the new dinar exchange rate to the dollar ..then we know Link to comment Share on other sites More sharing options...
dontlop Posted April 18, 2013 Report Share Posted April 18, 2013 (edited) Dinar: Dr. Shabibi answering revaluation and redenomination questions he says it is just a facilitate of payment and the zeros were added because of inflation .. and external problems .. "external debt" and at the end he says you need propagan...... at 8 minutes 10 seconds into this utube .. Edited April 18, 2013 by dontlop Link to comment Share on other sites More sharing options...
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