ronscarpa Posted October 6, 2019 Report Share Posted October 6, 2019 10-6-2019 Newshound Guru Jeff They still have two major things to do before the rate can change. This is based on current facts. What I'm telling you can change through time but as where we're at right now with current facts - the two things remaining are they have to finish the formation of the government and approve the budget...then they can change the rate. That's exactly where we're at. The facts are unfolding right before your eyes... 10-6-2019 Newshound Guru Kaperoni They've been using wheelbarrows for years what's the difference if they have to use them a few more? They're either going to do one of two things they're either going to Lop first to get to 1 to $1 exchange rate reducing the money supply from trillions to billions. And then float the currency allowing it to rise. Or they're going to just float it from the beginning and allowed to gradually increase over time allowing them to reduce the money supply we don't know that answer yet but it's not going to RV 1 2 Quote Link to comment Share on other sites More sharing options...
RV-2-Day Posted October 6, 2019 Report Share Posted October 6, 2019 Please explain how getting to a 1 to $1 is not an RV? 1 Quote Link to comment Share on other sites More sharing options...
cranman Posted October 6, 2019 Report Share Posted October 6, 2019 5 minutes ago, RV-2-Day said: Please explain how getting to a 1 to $1 is not an RV? Because of a the LOP of three Zeroes. !000 dinar would equal 1 dinar. That's not the RV we want. Quote Link to comment Share on other sites More sharing options...
TigerTink Posted October 6, 2019 Report Share Posted October 6, 2019 Then how come Christine Lagarde said in an interview a few years back that the dinar would be reinstated at 3.22 + up to 20% when the time came? 🤔 Quote Link to comment Share on other sites More sharing options...
Shedagal Posted October 6, 2019 Report Share Posted October 6, 2019 35 minutes ago, TigerTink said: Then how come Christine Lagarde said in an interview a few years back that the dinar would be reinstated at 3.22 + up to 20% when the time came? 🤔 Hey, can you provide a link for that? 2 Quote Link to comment Share on other sites More sharing options...
jg1 Posted October 6, 2019 Report Share Posted October 6, 2019 1 hour ago, cranman said: Because of a the LOP of three Zeroes. !000 dinar would equal 1 dinar. That's not the RV we want. I think you are both right. Taking the zeros off the dinar bills would be a LOP, with a mandatory dinar exchange at the bank and taking the zeros off the value/exchange rate would be the RV we want; .0008563 per dinar becomes (3 zeros less) would be .8563 or .85 cents. Close enough to a dollar for me. Quote Link to comment Share on other sites More sharing options...
climber7 Posted October 7, 2019 Report Share Posted October 7, 2019 3 hours ago, Shedagal said: Hey, can you provide a link for that? I was going to ask the same thing 1 Quote Link to comment Share on other sites More sharing options...
happygilmores Posted October 7, 2019 Report Share Posted October 7, 2019 7 hours ago, Shedagal said: Hey, can you provide a link for that? Maybe this will help. 1 Quote Link to comment Share on other sites More sharing options...
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