DF#1 Posted March 14 Report Share Posted March 14 2 minutes ago, screwball said: Get cash in banks and increase electornic bank accounts or atleast see what happens or what sort of response they get. 👍 Quote Link to comment Share on other sites More sharing options...
BETTYBOOP Posted March 14 Report Share Posted March 14 Am I right or wrong in thinking that ideally if they don't do this in the first 1/4 .... the next best opportunity is June for accounting purposes? 1 2 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted March 14 Report Share Posted March 14 They hay already determined the rate🤔 So now my main interest is not how much but WHEN ????? 1 2 Quote Link to comment Share on other sites More sharing options...
WheresmyRV? Posted March 14 Report Share Posted March 14 20 minutes ago, NoviceInvestor said: They hay already determined the rate🤔 So now my main interest is not how much but WHEN ????? Next week hopefully before the March 20th WTO meeting. 3 1 3 Quote Link to comment Share on other sites More sharing options...
BETTYBOOP Posted March 14 Report Share Posted March 14 Just now, WheresmyRV? said: Next week hopefully before the March 20th WTO meeting. I thought they were not meeting the WTO until the middle of the year? 1 Quote Link to comment Share on other sites More sharing options...
davis411 Posted March 14 Report Share Posted March 14 1 hour ago, Bama Girl said: Come on down!” That’s what she said 2 Quote Link to comment Share on other sites More sharing options...
Bama Girl Posted March 14 Report Share Posted March 14 10 minutes ago, davis411 said: That’s what she said Davis, what are you sipping on or smoking?? 🤨 3 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted March 14 Report Share Posted March 14 2 hours ago, rvmydinar said: So if you choose both, does than mean " Deleting 3 zeros both from exchange rate and bank notes " will lead to RD/ LOP? I hope I was wrong. Lopping makes zero sense since inflation is not the cause of the 3 zeros 1 2 2 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted March 14 Report Share Posted March 14 10 hours ago, Mary B said: The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars. Implementing such a decision is likely to significantly increase Al Sudani’s popularity. https://www.jpost.com/middle-east/article-791161 is that .76 cents I saw in another article here that they wanted to get this pushed through before the elections (thus, increasing Al-Sudani’s popularity). Anyone know when the elections are? 2 Quote Link to comment Share on other sites More sharing options...
davis411 Posted March 14 Report Share Posted March 14 44 minutes ago, Bama Girl said: Davis, what are you sipping on or smoking?? 🤨 Drinking yes i am a Davis smoke very little but that’s we she said 2 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted March 14 Report Share Posted March 14 1 hour ago, BETTYBOOP said: Am I right or wrong in thinking that ideally if they don't do this in the first 1/4 .... the next best opportunity is June for accounting purposes? April is our best bet in my opinion. 2 4 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted March 14 Report Share Posted March 14 18 minutes ago, Half Crazy Runner said: I saw in another article here that they wanted to get this pushed through before the elections (thus, increasing Al-Sudani’s popularity). Anyone know when the elections are? The deepstate is pushing to get sudani out so they're trying for early elections this year 1 2 2 Quote Link to comment Share on other sites More sharing options...
keylime Posted March 14 Report Share Posted March 14 7 hours ago, haymon said: May it happen. 🙏 May would be great!!! it's right around the corner. 3 Quote Link to comment Share on other sites More sharing options...
keylime Posted March 14 Report Share Posted March 14 4 hours ago, BETTYBOOP said: Get dinars into the banks. Get the citizens to believe in their currency? Just a guess Don't forget, getting mama a new pair of shoes 2 3 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted March 15 Report Share Posted March 15 Thank you @Mary B , you absolutely nailed it with the articles today !! Thank you so much for taking the time to share with the rest of us. pp 4 7 2 Quote Link to comment Share on other sites More sharing options...
BETTYBOOP Posted March 15 Report Share Posted March 15 1 hour ago, Longtimelurker said: The deepstate is pushing to get sudani out so they're trying for early elections this year Sudani has become too popular for their liking. He does not do all their bidding so they can't control him 2 4 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted March 15 Report Share Posted March 15 8 minutes ago, BETTYBOOP said: Sudani has become too popular for their liking. He does not do all their bidding so they can't control him Just like TRUMP!!!! 1 4 7 Quote Link to comment Share on other sites More sharing options...
jaybake Posted March 15 Report Share Posted March 15 Ladies and gentlemen!!! Nothing to be excited about, when you see the small denominations, then we should expect the revaluation. In my opinion, I believed that they're just going to increase the value of the dinar minimally. It won't affect the large denominations that they have now. 1 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted March 15 Report Share Posted March 15 (edited) 9 hours ago, Longtimelurker said: Lopping makes zero sense since inflation is not the cause of the 3 zeros 100% inflation is not the cause of the 3 zeros… Edited March 15 by screwball 2 Quote Link to comment Share on other sites More sharing options...
mally2 Posted March 15 Report Share Posted March 15 3 hours ago, screwball said: 100% inflation is not the cause of the 3 zeros… Inflation is the cause of the three 0s. They are no longer going through hyperinflation, it is under control. Those are two different things. Countries lop when they have gone through hyperinflation and then have it under control. Iraq is a textbook case except they could have done it many years ago. We are speculating they will do something unique 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted March 15 Report Share Posted March 15 17 minutes ago, mally2 said: Inflation is the cause of the three 0s. They are no longer going through hyperinflation, it is under control. Those are two different things. Countries lop when they have gone through hyperinflation and then have it under control. Iraq is a textbook case except they could have done it many years ago. We are speculating they will do something unique Incorrect the IMF and UNSC added three zeros to the currency to devalue it it’s what they do in counter insurgency to strip wealth and buying power away from rebels and terrorist groups…why do you think the us printed the currency and not Iraq…. 3 Quote Link to comment Share on other sites More sharing options...
screwball Posted March 15 Report Share Posted March 15 Yes they had high inflation around 1996 inflation was negative numbers and then it started to rise… Ut the zeros were added for other reasons Quote Link to comment Share on other sites More sharing options...
screwball Posted March 15 Report Share Posted March 15 Inflation was negative numbers until the invasion of Kuwait 1990 and then Resolution 986 of 14 April 1995, enables Iraq to sell up to $1 billion of oil every 90 days and use the proceeds for humanitarian supplies to the country; and sets terms of reference for the Oil-for-Food Programme. this drove inflation up then war then they added three zeros, printed new currency with three zeros installed Bremer government steal their oil and here we are! Oil for food programme drove inflation up! BS inflation to be honest! Quote Link to comment Share on other sites More sharing options...
BETTYBOOP Posted March 15 Report Share Posted March 15 So considering this news where they are openly talking about the rate...... does anybody still think we are going into 2025? Praying hard we are not 1 1 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted March 15 Report Share Posted March 15 13 hours ago, Longtimelurker said: Lopping makes zero sense Exactly. Lopping isn't what we all want. But we really don't know what they're going to do with their currency. Quote Link to comment Share on other sites More sharing options...
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