Kap proves lopsters wrong again.

[katie45]

[kaperoni] Notice how most of the Lopster are hiding now? These last few days have shut down the bs they like to try and convince you "delete 3 zeros" was a lop.

[kaperoni] Love this article...There are like 10 all the same, but this one will do...

[kaperoni] Government recognizes its inability to cancel three zeroes of the dinar

[kaperoni] http://translate.google.com/translate?hl=en&sl=ar&u=http://www.kitabat.com/ar/page/04/02/2013/8373/%25D8%25A7%25D9%2584%25D8%25AD%25D9%2583%25D9%2588%25D9%2585%25D8%25A9%25D8%25AA%25D9%2582%25D8%25B1-%25D8%25A8%25D8%25B9%25D8%25AC%25D8%25B2%25D9%2587%25D8%25A7-%25D8%25B9%25D9%2586-%25D8%25A7%25D9%2584%25D8%25BA%25D8%25A7%25D8%25A1-%25D8%25A7%25D9%2584%25D8%25A7%25D8%25B5%25D9%2581%25D8%25A7%25D8%25B1-%25D8%25A7%25D9%2584%25D8%25AB%25D9%2584%25D8%25A7%25D8%25AB%25D8%25A9-%25D9%2584%25D9%2584%25D8%25AF%25D9%258A%25D9%2586%25D8%25A7%25D8%25B1.html&prev=/search%3Fq%3D%25D8%25A7%25D9%2584%25D8%25AF%25D9%258A%25D9%2586%25D8%25A7%25D8%25B1%2B%25D8%25A7%25D9%2584%25D8%25A3%25D8%25B5%25D9%2581%25D8%25A7%25D8%25B1%26hl%3Den%26lr%3D%26tbo%3Dd%26tbs%3Dqdr:d&sa=X&ei=LQoQUdu0GIKFyQG_uIC4BA&ved=0CDwQ7gEwAQ

[kaperoni] Quote...

[kaperoni] "Keywords pointed out that there is a false impression among many involves the deletion of zeros will reduce the volume of cash in circulation in terms of quantity but the fact that he does not reduce even by 1% ."

[kaperoni] He is saying here..that many confuse "delete 3 zeros" as a LOP...well it's not! Because this plan does not reduce the cash in circulation. Which only means that this is a RV/float or some other form of appreciation of the dinar.

[kaperoni] Then this quote...

[kaperoni] "the fall of the previous dictatorial regime where the mass of currency in circulation is limited, but it's now doubled from what it was at that time and therefore the process of withdrawing this block is large and difficult task. "

[kaperoni] Gee, lopsters said the CBI was not removing dinar via auctions? How do you think they are reducing this block of cash? lol I tend to think the auctions are working well at $200 million + a day reducing the dinar on the streets.

[kaperoni] And this quote...

[kaperoni] "Among the difficulties faced by Iraq if they are to foot the deletion of zeros from the dinar is the withdrawal of about 30 trillion dinars in circulation in the Iraqi market (about 27 billion dollars)"

[kaperoni] All the lopsters talking about the huge money supply...some said it was 60,trillion or more. this quote tells us 30 trillion (I believe even less).

[kaperoni] I want to finish with this quote...

[kaperoni] "She noted that the replacement of the Iraqi dinar Btabath new which will be issued in three languages ​​Arabic, Kurdish and English and printed to be forwarded to one of four international companies specialized cost $ 150 million spread over printing, transportation, insurance and work outside working hours to destroy the old currency that will be inside Central Bank. "

[kaperoni] Let's talk about money supply. Just because those docs say huge amounts are out on the street..this quote infers that much of it is resting "inside central bank." as they will destroy it "outside working hours."

[kaperoni] This completely destroys all the lopsters arguments in one simple article. Amazing.