Blatantly Obvious? Or Completely Wrong?

[seus]

I'm really wanting to believe that this doesn't LOP, but I can't see any other way around this...

The USA is about to, or just signed an arms agreement with Iraq for (18) F16 Fighter Jets.

Cost: 13,000,000,000 USD (13 Billion USD) = 15,210,000,000,000 IQD (15.21 Trillion IQD)

If the RV is 1:1 The US Gov. makes literally CRAZY money. This really makes my mind think somethings up with all of this...why the frick would Iraq pay 1000x more for these jets???

NOW, if they did LOP 3 0's, and RV this thing at .86 You get:

15,210,000,000,000 -> POST-LOP -> 15,210,000,000 (15.21 Billion IQD) * .86 (Rate) = 13,080,600,000 (13.08 Billion USD)

This makes complete sense to me, it adds up to the contract for the jets too...a direct conversion without LOPing just isn't adding up with this...

Thoughts?

[prayin4peace]

If the contract for the jets is for $13 billion USD and Iraq RV's at 1 to 1, then it would still be $13 billion USD. The difference will be that it will be 13 billion IQD at that time. NO LOP NECESSARY!

[seus]

Except that if they pay for it now.....then they'll HAVE to lop.

I see it this way...I guess..

Pay for it now...LOP.

Pay for it later, Post RV Dinar...

Thoughts?

[Darin]

Or, since barrels of oil are sold by usd... Use usd to buy the jets....

[wingsofhope]

If the US was smart they would take payment in oil........

[BJinMontreal]

Why would they pay for it now? They could take their sweet time to pay it, like they seem to do with everything ... GOI, Budget etc.

It makes more sense for them to pay after RV than now ...especially if the planes aren't being delivered tomorrow.

[seus]

Hmmm.....that actually makes a lot of sense...I never thought of that. Ah, the good ol' Petrodollar...thanks for the insight.

[andy3978]

I'm really wanting to believe that this doesn't LOP, but I can't see any other way around this...

The USA is about to, or just signed an arms agreement with Iraq for (18) F16 Fighter Jets.

Cost: 13,000,000,000 USD (13 Billion USD) = 15,210,000,000,000 IQD (15.21 Trillion IQD)

If the RV is 1:1 The US Gov. makes literally CRAZY money. This really makes my mind think somethings up with all of this...why the frick would Iraq pay 1000x more for these jets???

NOW, if they did LOP 3 0's, and RV this thing at .86 You get:

15,210,000,000,000 -> POST-LOP -> 15,210,000,000 (15.21 Billion IQD) * .86 (Rate) = 13,080,600,000 (13.08 Billion USD)

This makes complete sense to me, it adds up to the contract for the jets too...a direct conversion without LOPing just isn't adding up with this...

Thoughts?

My thought is that Iraq will simply pay for the hardware in USDs. But your question is much more profound...and frightening to me anyway. Seems that LOP thing makes a lot more sense that the GOI RV'ing the IQD and turning a few million people into overnight millionaires. Just one of those 'its too good to be true' scenarios--of which I PRAY doesnt come to fruition.

But the argument seems to be gaining traction. The CBI did say they want to RD the currency. The LOP is made mention of on XE. The Kurds want their language on currency. There just seems to be a lot of reasons to do it, as opposed to having trillions of DInars floating around out there and RV'ing them thus making a crap load of infidels super wealthy.

Hate to sound like such a pessimist and I truly do want and need a RV with NO lop. And I hope someone with good info comes on and sets my ass straight with why there will not be a lop! But I especially do not like hope the cbi noted it and XE makes mention of it too

[seus]

While I would REALLY like an RV to make me into a millionaire, I'd be very happy to just have it go 3 to 1 after a LOP so that I can pay off my remaining school debt in one shot.

It's anyones guess really as to what will happen. I've always made the dinar my Plan B. I feel sorry for those people who are banking on the dinar as Plan A, as the disappointment and frustration to follow if it doesn't go as planned will not be a pretty situation.

[Silence Dogood]

Although we know the US and Iraq made contractual deals for arms NONE of us know the wording used to close the deal. If the contract closes at the time of the deal then any RV amount is irrelavant. Price negotiated is price paid. if it is done after RV the price is still the same for the goods. 15 billion is still 15 billion no matter how its paid. Do you see how that works. You all make way too much hoopla over the simplest things.