Luigi1 Posted September 2, 2015 Report Share Posted September 2, 2015 9-1-2015 Newshound Guru Kaperoni Raising the value gradually does chop the zeros off the exchange rate...just not overnight. There is no chance of the dinar ever appreciating to a 1 to $1 rate overnight (RV)...it's not mathematically possible with around 32 trillion dinar or more in circulation. Not to mention, the CBI has never mentioned one time about introducing an entire set of new bills (ie fils, 1, 5, 10, 20, 50, 100) at one time. In fact, all we have ever seen is the mention of a few notes and several years to complete. And most recently, it was stated that the 50, 100, and 200 would come out around the first of 2017. 9-1-2015 Newshound Guru Kaperoni So, IMO this is going to be gradual just as the IMF stated. It also confirms there is no LOP (which would be an entire replacement at the same time over a short period of time). You also would not need to reduce the note count first if your going to LOP, you simply introduce the new denominations. So, if they reduce the physical note count from 4 billion to around a 1.5 billion, they can substantial consolidate the physical Iraqi dinar. Though it does not reduce the money supply, it may make it much easier for them to transition to smaller denominations once the float begins (ie 50, 100, 200 early 2017). I guess we wait and see. Luigi says... Treat this as a rumor. This is just one Guru's opinion. Your opinion. Your thoughts on this article. Is this just more smoke & mirrors coming out of Iraq? 5 5 Link to comment Share on other sites More sharing options...
Shabibilicious Posted September 2, 2015 Report Share Posted September 2, 2015 What do you mean, put them away?......I'd have to do a mini recon just to figure out where I stashed them years ago. GO RV, then BV 5 Link to comment Share on other sites More sharing options...
King Bean Posted September 2, 2015 Report Share Posted September 2, 2015 Why do I always feel like I've taken a COLD shower after reading a Kaperoni post ?? 3 Link to comment Share on other sites More sharing options...
Shabibilicious Posted September 2, 2015 Report Share Posted September 2, 2015 Why do I always feel like I've taken a COLD shower after reading a Kaperoni post ?? Shrinkage.....it happens. GO RV, then BV 5 Link to comment Share on other sites More sharing options...
sandfly Posted September 2, 2015 Report Share Posted September 2, 2015 S THAT IS SO FUNNY 1 Link to comment Share on other sites More sharing options...
mannie2g Posted September 2, 2015 Report Share Posted September 2, 2015 Imo,I don't think Iraq can wait until 2017 Link to comment Share on other sites More sharing options...
Luigi1 Posted September 2, 2015 Author Report Share Posted September 2, 2015 Imo,I don't think Iraq can wait until 2017 IMO, I don't think the world can wait until 2017. 2 2 Link to comment Share on other sites More sharing options...
easyrider Posted September 2, 2015 Report Share Posted September 2, 2015 (edited) IMO, I don't think the world can wait until 2017. If they didnt have a liquidity crisis right now id say their is a very slim chance they could drag this till 2017 but that is NOT the case so imho Kap is way off. They are gonna have a real big problem paying employees in 2016 with no liquidity. Edited September 2, 2015 by easyrider 6 Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted September 2, 2015 Report Share Posted September 2, 2015 ***/// TOPIC: Dinar After invading Iraq, the evil daesh realised their currency was crap so made up their own Dinar out of looted gold... lots of it. We ask you, would the GOI really allow the radical terrorist invaders' money to be better than their own... DISCUSS. 1 Link to comment Share on other sites More sharing options...
EverCurious452 Posted September 2, 2015 Report Share Posted September 2, 2015 9-1-2015 Newshound Guru Kaperoni .... There is no chance of the dinar ever appreciating to a 1 to $1 rate overnight (RV)...it's not mathematically possible with around 32 trillion dinar or more in circulation. Wow, is that a flying pig I see? Kapreoni is right about something! Yes an RV is, and always was, impossible. Even more so given there is something like 80T or so in M2, 32T is just M0 (physical cash). I think a LOP might someday happen, but I don't think it will be anytime soon with the current political instability. Alas I don't see them floating either. Single resource economies are to vulnerable to currency fluctuation if they float which makes things even worse. What a growing economy wants is exchange rate stability (which is why this is the primary goal of the CBI as stated in their charter). 2 1 Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted September 2, 2015 Report Share Posted September 2, 2015 What do you mean, put them away?......I'd have to do a mini recon just to figure out where I stashed them years ago. GO RV, then BV 4 Link to comment Share on other sites More sharing options...
boosterbglee Posted September 2, 2015 Report Share Posted September 2, 2015 Kaperoni is a real "Party Pooper!" 1 Link to comment Share on other sites More sharing options...
caz1104 Posted September 2, 2015 Report Share Posted September 2, 2015 If gurus are not to be believed as many suggest................why start now? Link to comment Share on other sites More sharing options...
newbieDA Posted September 2, 2015 Report Share Posted September 2, 2015 I am not going to lie, I talk to kap all the time and it is sound advice with everything we are told within the news articles. I like him cause he is realistic and he adapts realistically to the news. And after hearing about Tony and Okie my first 3 weeks in this investment, I thought kap was very level headed and realistic when I read his stuff. Please dont neg me cause I like (know) him. 5 1 Link to comment Share on other sites More sharing options...
Shabibilicious Posted September 2, 2015 Report Share Posted September 2, 2015 I am not going to lie, I talk to kap all the time and it is sound advice with everything we are told within the news articles. I like him cause he is realistic and he adapts realistically to the news. And after hearing about Tony and Okie my first 3 weeks in this investment, I thought kap was very level headed and realistic when I read his stuff. Please dont neg me cause I like (know) him. Not the kind of info you want to share with this crowd, Buckeye. Here's a plus (+1) anyways. GO RV, then BV 1 1 Link to comment Share on other sites More sharing options...
caz1104 Posted September 2, 2015 Report Share Posted September 2, 2015 No neg from me (+1) ya 1 Link to comment Share on other sites More sharing options...
Candy01 Posted September 2, 2015 Report Share Posted September 2, 2015 King Bean, I LOVE your post about PUKE A Roni!! :bravo: 1 Link to comment Share on other sites More sharing options...
DinarThug Posted September 2, 2015 Report Share Posted September 2, 2015 Why do I always feel like I've taken a COLD shower after reading a Kaperoni post ?? Because He Dresses Up As 'Katie' And Tries Giving U A Lap Dance ! 1 Link to comment Share on other sites More sharing options...
DWitte Posted September 3, 2015 Report Share Posted September 3, 2015 Because He Dresses Up As 'Katie' And Tries Giving U A Lap Dance ! :D A hairy lapdance? Link to comment Share on other sites More sharing options...
Freedomwish Posted September 3, 2015 Report Share Posted September 3, 2015 IMO, I don't think the world can wait until 2017. Well for once, gonna' agree with ya' Luigi. 1 Link to comment Share on other sites More sharing options...
Texas1 Posted September 3, 2015 Report Share Posted September 3, 2015 I cant find my wife much less a worthless currency........ 2 Link to comment Share on other sites More sharing options...
Artitech Posted September 7, 2015 Report Share Posted September 7, 2015 Ill treat as B.S. As I see who its coming from! How about those apples! Link to comment Share on other sites More sharing options...
roger01 Posted September 15, 2015 Report Share Posted September 15, 2015 And if Adam is correct with .10, that all goes out the window. 1 Link to comment Share on other sites More sharing options...
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