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Friday MidNight Opinions - 5/13/2022


ronscarpa
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Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... :twothumbs:RON 



*** Pimpy  My text messages and everything else were getting blown up...every time these types of articles are printed people get concerned...here we go, that evil article that we get...maybe once every six months... it confuses everybody then there's all kinds of chit chat about what it really means.  I get it, we talk about it all the time...  Article:  "Mahmoud Dagher explains the economic feasibility of removing zeros from the local currency"  [Post 1 of 2]

 

 

***  Pimpy  For those of you who don't know what that means, you would have to exchange in your currency depending on what it is they want to do.  The 3 zeros is what they are talking about.  If you have a 25000 dinar, remove the zeros you would exchange it obviously for 25's.  Where the complication comes in is the exchange rate.  People panic because they believe they're losing money.  When you trade in your larger bill for a smaller bill that's not the case... [Post 2 of 2]

 

 

:tiphat:

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3 hours ago, ronscarpa said:

*** Pimpy  Article:  "Mahmoud Dagher explains the economic feasibility of removing zeros from the local currency" 

 

***  Pimpy The 3 zeros is what they are talking about.  If you have a 25000 dinar, remove the zeros you would exchange it obviously for 25's. 

Removing zeros from the local currency?? Hmm another talk talk talk BS. They have been talking about " remove zeros from the local currency " for almost 19 years and still here we are sit and wait for the miracle to happen.

 

25,000 dinar, delete 3 zeros from the banknote=25 dinar. What about the rate? A rate change is what we want it.

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53 minutes ago, rvmydinar said:

Removing zeros from the local currency?? Hmm another talk talk talk BS. They have been talking about " remove zeros from the local currency " for almost 19 years and still here we are sit and wait for the miracle to happen.

 

25,000 dinar, delete 3 zeros from the banknote=25 dinar. What about the rate? A rate change is what we want it.

All they do is talk shiite from out of the mouths and no action.  Typical camel manure.

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