gp49 Posted July 25, 2019 Report Share Posted July 25, 2019 Pretty exciting post Adam! Thanks to you and Mods 3 Link to comment Share on other sites More sharing options...
aj1 Posted July 25, 2019 Report Share Posted July 25, 2019 Thanks Adam! It makes sense and the country continues to make great progress continues toward an RV. Staying positive!! 3 Link to comment Share on other sites More sharing options...
Sk 1962 Posted July 25, 2019 Report Share Posted July 25, 2019 Thanks Adam for the great post! My birthday is on the 28th of July, that would be a great present! 6 Link to comment Share on other sites More sharing options...
lmb4321 Posted July 25, 2019 Report Share Posted July 25, 2019 thanks Adam....Liking Aug 2nd.......🤩 1 2 Link to comment Share on other sites More sharing options...
JoeB Posted July 25, 2019 Report Share Posted July 25, 2019 Thanks Adam ! What idiot gave you a ruby for this post and why... 1 2 Link to comment Share on other sites More sharing options...
Starrider Posted July 25, 2019 Report Share Posted July 25, 2019 3 2 Link to comment Share on other sites More sharing options...
davis411 Posted July 25, 2019 Report Share Posted July 25, 2019 43 minutes ago, Starrider said: Ok ok ok I will need number please 7 Link to comment Share on other sites More sharing options...
Starrider Posted July 25, 2019 Report Share Posted July 25, 2019 51 minutes ago, davis411 said: Ok ok ok I will need number please SOON Starr 5 Link to comment Share on other sites More sharing options...
Pitcher Posted July 25, 2019 Report Share Posted July 25, 2019 Hahahahaha. That’s funny Starr 1 3 Link to comment Share on other sites More sharing options...
mowens Posted July 25, 2019 Report Share Posted July 25, 2019 Thanks Adam. I'm waiting patiently for my text. 1 3 Link to comment Share on other sites More sharing options...
Miamiheatnic Posted July 25, 2019 Report Share Posted July 25, 2019 High level delegation visit to Erbil with the Kurdistan region along with new CBI gov and the other positive news. I said it's not that far out now. Truly...I can see this really happening anytime and I'll remain on high alert too. 5 1 Link to comment Share on other sites More sharing options...
Artitech Posted July 25, 2019 Report Share Posted July 25, 2019 12 hours ago, Pitcher said: Fly out to Amarillo and try the Big Texan Steak Ranch challenge. It’s only a 72 oz hunk of meat. Haha. We drove up their one weekend when I was in college to see if we could do it. There was 6 of us in a VW Van, got to the Ranch and ordered up 6, 72 oz steaks. No one finished and most of us got ill. I ate about 38 Oz. One gut got to about 50 and last place was about 20 oz. Great times. Forgot about that place, I have not been there in years, back then if I remember right that steak was around $80.00 that was back in the 70s . Great place to eat! I didn’t order the Texan! I knew I could not eat it all.🤠 1 1 Link to comment Share on other sites More sharing options...
ddl Posted July 25, 2019 Report Share Posted July 25, 2019 Can't help but think we might be near! Thanks Adam for all your time and effort in keeping us informed with straight talk! 1 2 Link to comment Share on other sites More sharing options...
fancy Posted July 25, 2019 Report Share Posted July 25, 2019 1 hour ago, Miamiheatnic said: High level delegation visit to Erbil with the Kurdistan region along with new CBI gov and the other positive news. I said it's not that far out now. Truly...I can see this really happening anytime and I'll remain on high alert too. RIGHT! After news came out they were packing it up and no more meetings. 2 Link to comment Share on other sites More sharing options...
Theseus Posted July 25, 2019 Report Share Posted July 25, 2019 On 7/24/2019 at 9:42 AM, Adam Montana said: With an RV of 1:1 with the US dollar, the Lawn Fertilization Department now has 1 million USD, which is probably overfunded at that rate and wouldn't make sense, right? This is an incorrect statement. The Lawn Fertilization Department allocated 1 million IQD would have 1 million IQD after an RV, not 1 million USD. Let's assume the RV rate isn't a par exchange but rather 1 dinar is equal to one US penny (as you have claimed the RV will happen at awhile back). In your example the Lawn Fertilization Company would be way underfunded. Does that make sense? Not in the slightest sense. . Let's try to understand why this does not make sense by looking at the one dollar bill in the United States. If I took that one dollar bill anywhere in the United States and asked it be exchanged to pennies, no matter the bank I would get 100 pennies. Now if I were to take that one dollar bill to a bank in the EU, I would get only 90 cents for it (not counting the transaction fee). A dinar in Iraq is going to be worth a dinar in Iraq. If I take two 25K notes and exchanged it for a higher value note I would get 50K dinar note, no matter what the worth of the dinar was to the USD or Euro or any other currency. However, in your example I would be getting far less than 50K dinar should the worth of the dollar be higher than the dinar. Inside of Iraq the dinar won't change value, a dinar will be worth a dinar will be worth a dinar. The owner of the goods and services will then decide upon how many of those dinars they need in exchange for their goods and services based on various factors and conditions. Only when the dinar is taken out of the country or exchanged for another currency does it hold leverage, positive or negative, against another currency. The Lawn Fertilization Department allocated 1 million dinar before the RV will still hold 1 million dinar after the RV. Only when the Lawn Fertilization Department does business in the dollar or does business outside of Iraq would the statement hold that a par exchange happen, but only for the transaction amount not for the full budgeted amount. The department would not be overfunded based on the exchange rate.It might be over-/underfunded in other ways but the analogy you used in this example is simply not true. This is one of the reasons why Iraq will more than likely de-dollarize along with the RV once the dinar has been reinstated into the global currency market. From an outside perspective we view the 1 million dinars in terms of dollars because we are familiar with what one dollar is worth. My other thoughts about this subject: When Iraq reinstates their currency back into the global currency market before it RVs, I have a strong opinion that circulated dinar will not be allowed outside of Iraq and current circulated currency will have a very short echange period. I have been waiting for this to appear in news articles because it would make sense at the time of RV and exchange. However, the issue becomes what to do with circulated dinar currently held outside of Iraq. Iraq clears this by replacing the current denominations with the new. The question has been asked several times on the window of exchange period. For circulated currency, I speculate 1 to 3 (really pushing it) months maximum. Uncirculated currency would be the 10 years, maybe. This issue has always bugged me and why I have stuck to uncirculated dinar. 5 4 Link to comment Share on other sites More sharing options...
Pitcher Posted July 25, 2019 Report Share Posted July 25, 2019 Hear you go Artitech 1 1 1 Link to comment Share on other sites More sharing options...
davis411 Posted July 25, 2019 Report Share Posted July 25, 2019 3 hours ago, Starrider said: SOON Starr Damn thats i I ever get told soon this soon that soon never comes 6 Link to comment Share on other sites More sharing options...
presence Posted July 25, 2019 Report Share Posted July 25, 2019 Thanks very much for your update Adam- and thanks for your acknowledgement and comment regarding my recent post. I hope you enjoyed reading it as much as I enjoy reading - and learning - from your comments as well as those from many others on DV- which is not just one of the best sites there could possibly be in regards to the Dinar, but one of the best community oriented sites in general on the net- Go RV!!! 1 2 2 Link to comment Share on other sites More sharing options...
Popular Post Adam Montana Posted July 25, 2019 Author Popular Post Report Share Posted July 25, 2019 1 hour ago, Theseus said: This is an incorrect statement. The Lawn Fertilization Department allocated 1 million IQD would have 1 million IQD after an RV, not 1 million USD... 🤦♂️ 1 5 10 4 Link to comment Share on other sites More sharing options...
keylime Posted July 25, 2019 Report Share Posted July 25, 2019 1 hour ago, Adam Montana said: The Lawn Fertilization Department allocated 1 million IQD would have 1 million IQD after an RV, not 1 million USD... The incorrect statement is that Iraq doesn't have a Lawn Fertilization Department. It's a SAND Fertilization Dept. They have no lawns in Iraq. 12 1 Link to comment Share on other sites More sharing options...
Thanatos1227 Posted July 25, 2019 Report Share Posted July 25, 2019 16 hours ago, Pitcher said: Fly out to Amarillo and try the Big Texan Steak Ranch challenge. It’s only a 72 oz hunk of meat. Haha. We drove up their one weekend when I was in college to see if we could do it. There was 6 of us in a VW Van, got to the Ranch and ordered up 6, 72 oz steaks. No one finished and most of us got ill. I ate about 38 Oz. One gut got to about 50 and last place was about 20 oz. Great times. It’s no steak... it’s basically a freaking roast. Haha 4 Link to comment Share on other sites More sharing options...
Snew Posted July 25, 2019 Report Share Posted July 25, 2019 Thanks, Adam, for the weekly... It helps in “keeping hope alive.” 1 1 Link to comment Share on other sites More sharing options...
6ly410 Posted July 25, 2019 Report Share Posted July 25, 2019 this is exciting haha..let’s go Iraq 1 1 Link to comment Share on other sites More sharing options...
ChuckFinley Posted July 25, 2019 Report Share Posted July 25, 2019 4 hours ago, keylime said: The incorrect statement is that Iraq doesn't have a Lawn Fertilization Department. It's a SAND Fertilization Dept. They have no lawns in Iraq. Skyline, that is why I like your input. You think outside the sand box. 7 1 1 Link to comment Share on other sites More sharing options...
olivesman Posted July 25, 2019 Report Share Posted July 25, 2019 4 hours ago, keylime said: The incorrect statement is that Iraq doesn't have a Lawn Fertilization Department. It's a SAND Fertilization Dept. They have no lawns in Iraq. They have a Camel Dung Department? WHO KNEW? 1 3 2 Link to comment Share on other sites More sharing options...
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