addin Posted April 16, 2011 Report Share Posted April 16, 2011 1.Specifically about the redenomination vs Lop redenomination and the Lop is about the same Stated it iraq want people carry less money and keep purchasing power in this case redenomination:iqd 25,000 would be iqd 25 and the iqd 25,000 value will be iqd 25 and the price item was also down and it does not affect the purchasing power for example: the price of rice there iqd 10000 if redenomination price of rice will be iqd 10 and they will pay the money iqd 10 (This is the meaning iraq people want to carry less money and keep purchasing power) Were LOP will cut 25,000 to be 25 and the price item not down and it affects the purchasing power for example: the price of rice iqd 10000 if LOP happen the price item still remain iqd 10000 eventhough has LOP their money and this mean people will loss..money already LOP but the price item not drop and lose purchasing power 3 10 Link to comment Share on other sites More sharing options...
moose 57 Posted April 16, 2011 Report Share Posted April 16, 2011 In your opinion, what does that mean for investors? Link to comment Share on other sites More sharing options...
pchester Posted April 16, 2011 Report Share Posted April 16, 2011 Yall got LOP on your mind don,t ya........Forget it,No LOP! 3 1 Link to comment Share on other sites More sharing options...
addin Posted April 16, 2011 Author Report Share Posted April 16, 2011 Yall got LOP on your mind don,t ya........Forget it,No LOP! just read and understand it 2 2 Link to comment Share on other sites More sharing options...
sportfisher Posted April 16, 2011 Report Share Posted April 16, 2011 1.Specifically about the redenomination vs Lop redenomination and the Lop is about the same Stated it iraq want people carry less money and keep purchasing power in this case redenomination:iqd 25,000 would be iqd 25 and the iqd 25,000 value will be iqd 25 and the price item was also down and it does not affect the purchasing power for example: the price of rice there iqd 10000 if redenomination price of rice will be iqd 10 and they will pay the money iqd 10 (This is the meaning iraq people want to carry less money and keep purchasing power) Were LOP will cut 25,000 to be 25 and the price item not down and it affects the purchasing power for example: the price of rice iqd 10000 if LOP happen the price item still remain iqd 10000 eventhough has LOP their money and this mean people will loss..money already LOP but the price item not drop and lose purchasing power "redenomination" and "LOP" are the same thing, this is fact. In your opinion, what does that mean for investors? this means nothing, it is just a fact, and worst case scenario for this speculation. 1 Link to comment Share on other sites More sharing options...
addin Posted April 16, 2011 Author Report Share Posted April 16, 2011 you all just pray for iraq not delete three zero and pray for their just raise the value of the dinar Link to comment Share on other sites More sharing options...
keepmwlknfny Posted April 16, 2011 Report Share Posted April 16, 2011 Lopping and not increasing the purchasing power wouldnt make sense and wouldnt be of any benefit to the people....which is why I think that if they did they would immediately raise the value of the dinar.... 2 3 Link to comment Share on other sites More sharing options...
moose 57 Posted April 16, 2011 Report Share Posted April 16, 2011 just read and understand it I'm sorry, I can't understand what you are saying. (not bashing at all) please explain! Link to comment Share on other sites More sharing options...
mrref Posted April 16, 2011 Report Share Posted April 16, 2011 (edited) 1.Specifically about the redenomination vs Lop redenomination and the Lop is about the same Stated it iraq want people carry less money and keep purchasing power in this case redenomination:iqd 25,000 would be iqd 25 and the iqd 25,000 value will be iqd 25 and the price item was also down and it does not affect the purchasing power for example: the price of rice there iqd 10000 if redenomination price of rice will be iqd 10 and they will pay the money iqd 10 (This is the meaning iraq people want to carry less money and keep purchasing power) Were LOP will cut 25,000 to be 25 and the price item not down and it affects the purchasing power for example: the price of rice iqd 10000 if LOP happen the price item still remain iqd 10000 eventhough has LOP their money and this mean people will loss..money already LOP but the price item not drop and lose purchasing power I'M SORRY NEWBIE BUT YOU ARE WAY OUT IN LEFT FIELD, YOU HAVE A LOT TO LEARN ABOUT THIS TYPE OF INVESTMENT. GOOD LUCK TO YOU Edited April 16, 2011 by mrref 2 2 Link to comment Share on other sites More sharing options...
addin Posted April 16, 2011 Author Report Share Posted April 16, 2011 I'M SORRY NEWBIE BUT YOU ARE WAY OUT IN LEFT FIELD, YOU HAVE A LOT TO LEARN ABOUT THIS TYPE OF INVESTMENT. GOOD LUCK TO YOU sorry...but you must keep doing your research ..you must know all country do the process redenomination?? you must research about indonesia redenominate because they in process delete three zero(redenomination)... 2 Link to comment Share on other sites More sharing options...
jjjerry Posted April 16, 2011 Report Share Posted April 16, 2011 Its a lot of guessing Link to comment Share on other sites More sharing options...
sportfisher Posted April 16, 2011 Report Share Posted April 16, 2011 (edited) sorry...but you must keep doing your research ..you must know all country do the process redenomination?? you must research about indonesia redenominate because they in process delete three zero(redenomination)... OK........now it sounds like you are preaching a LOP and no longer just stating fact. Let me ask you straight up addin, do you think Iraq will LOP? Are you here to discourage people in this investment? Edited April 16, 2011 by sportfisher 1 Link to comment Share on other sites More sharing options...
addin Posted April 16, 2011 Author Report Share Posted April 16, 2011 OK........now it sounds like you are preaching a LOP and no longer just stating fact. Let me ask you straight up addin, do you think Iraq will LOP? Are you here to discourage people in this investment? im not think iraq will lop..........as i said redenomination and lop just the same thing but lop is suck..im not scare any people because im in this investment too......and like i said pray for iraq not delete the three zero just raise the value of the dinar.. 2 Link to comment Share on other sites More sharing options...
palung Posted April 16, 2011 Report Share Posted April 16, 2011 I am telling you if I hear another LOP thing I am gonna headbutt my computer!!! 1 Link to comment Share on other sites More sharing options...
Moses Posted April 16, 2011 Report Share Posted April 16, 2011 sorry...but you must keep doing your research ..you must know all country do the process redenomination?? you must research about indonesia redenominate because they in process delete three zero(redenomination)... Iraq and Indonesia both start with the letter "I", other then that your example is wrong! Link to comment Share on other sites More sharing options...
Jim1cor13 Posted April 16, 2011 Report Share Posted April 16, 2011 Addin, I am sure you are going to get "neg'd" into the ground for your post.....you are trying to talk sense and rational thinking on the subject to a group of people in which a large percentage base their decisions on some element of abra cadabra and who are convinced that they are going to turn ONE THOUSAND DOLLARS into 3,4,5, 6 MILLION DOLLARS... The CBI is using the word "redenomination" as a kinder, gentler way of saying LOP....People they are TELLING YOU WHAT THEY ARE GOING TO DO! Thank you addin for your thoughts. Thank you Slade and keep for trying to underscore what the ramifications may be. Some still think that just the mention of it means one somehow WANTS it to occur. I know of no one here that WANTS this to occur, but thankfully some are not afraid to discuss it, even though the red marks fly and it is not warm and fuzzy hype. Ignoring this subject, and how it has been handled through history will in no wise make it just go away. Most invested in the IQD and were NEVER told about this nor were they ever warned about it in most cases. Those that DID and DO ask about it with genuine concern and wanting to try and understand it, continually get belittled and made to feel as if they are stupid, and then they are told NO LOP, case closed. That is not only shortsighted, it is not dealing with what has actually been stated...and that by the CBI themselves. There is nothing I see stated regarding the RD that is supposedly "lost in translation". They have made their intentions rather clear, and we ALL hope it is not the actual outcome, but it cannot be tossed aside along with a smart comment to make one "feel" better. If your investment needs constant 'validation' and assurance that it will be just as you want it to be, with no challenges to face, or hurdles to try and jump over, then continue to believe that and refuse honest people who are simply trying to discuss the details. But please do not attempt to make them feel stupid or accuse them of trying to stir things up just because many want to actually learn ALL sides and potential challenges with this investment. That includes those who have researched these matters out for a LONG time, in order to HELP bring some understanding to those not afraid to learn the details or ask honest questions about it. The more we are all aware of potential pitfalls, meaning those things that awake us all out of a fantasy and into better understanding, the more we are all prepared to deal with the eventual outcome, without acting so surprised or saying "but NO ONE ever told me of this possibility". Many are trying, and they do it with as much concern about it as anyone else. How can that be construed as anyone wanting it to happen?...or accused of promoting it? It is reality, and based upon sound research dealing with a country that are themselves actually stating the very thing so few want to hear. In the event of an RD/RI, ending up with 300% + potential profit is nothing to turn ones nose up at. But blindly assuming that it WILL NEVER happen, cannot happen, not a chance of it happening, will not make the issue just disappear. It is not what any of us want, but it is necessary to deal with it and plan for it. Isn't that better in the end than never being aware of it and getting blind sided by an event so many have simply cast aside as impossible? It is not impossible, in fact it is likely, but would be wonderful if it was NOT an issue, but it is. Adam has also stated it IS an issue that must be considered. Does that mean Adam is trying to discourage anyone from this investment? Thanks for all the input, the time, the efforts made by so many to deal with this and not ignore it. The truth is, we all do not want to deal with it...but some actually want to understand what it means, and the consequence of it in regards to their own investment who have not bought into the idea it can never happen. History tells quite a different story. Let's hope it is not an issue...but it appears Iraq themselves have made it one and have been pointing to this for years. There is no mistranslation about it that I am aware of. All my best! Jim --- 2 Link to comment Share on other sites More sharing options...
meatmen4dinar Posted April 16, 2011 Report Share Posted April 16, 2011 We did not spend the money we did and lose all the American lives in Iraq to only have a 300% increase. The powers of the world will not let that happen. It would be like spitting in the worlds face. No-one would be able to trust Iraq and countries would not invest. There will NOT be a lop!!!!!!!!!!!!! 1 1 Link to comment Share on other sites More sharing options...
desimo Posted April 16, 2011 Report Share Posted April 16, 2011 I wish people would get one thing through their heads.......THEY MUST INCREASE THE VALUE OF THEIR CURRENCY! Stop with the idea that if it lops that nothing changes. You do not know what you are talking about. THEY MUST INCREASE THE VALUE OF THEIR CURRENCY! 1 1 Link to comment Share on other sites More sharing options...
dog53 Posted April 16, 2011 Report Share Posted April 16, 2011 We did not spend the money we did and lose all the American lives in Iraq to only have a 300% increase. The powers of the world will not let that happen. It would be like spitting in the worlds face. No-one would be able to trust Iraq and countries would not invest. There will NOT be a lop!!!!!!!!!!!!! Do you honestly think Iraq gives a fats rats a$$ about how much money we spent and lives lost? They are practically kicking us out of their country as we speak. Making threats as to what will happen if we don't leave. I don't like it any more then you do. But I'm not going to pretend that a lop cant happen or just the mere mention of the word is going to make it happen. I`m am what`s called a realest. That is I don't see the glass half full or half empty . I just take a freaking drink. 2 Link to comment Share on other sites More sharing options...
keepmwlknfny Posted April 16, 2011 Report Share Posted April 16, 2011 We did not spend the money we did and lose all the American lives in Iraq to only have a 300% increase. The powers of the world will not let that happen. It would be like spitting in the worlds face. No-one would be able to trust Iraq and countries would not invest. There will NOT be a lop!!!!!!!!!!!!! Its not about us speculators....you think they care we bought the currency?? NOPE!! The US is in control of alot of the oil fields so we will be making a killing but its not going into yours or my pocket....this is not about speculators.....lopping a currency does not spit in the face of anyone lol...its a sign that things are stabilizing and improving because with a lop, the currencies value will increase....no one loses and everyone wins in a lop scenerio....I dont want it but I understand and comprehend its a possibility.... 1 2 Link to comment Share on other sites More sharing options...
Dalite Posted April 16, 2011 Report Share Posted April 16, 2011 Addin, I am sure you are going to get "neg'd" into the ground for your post.....you are trying to talk sense and rational thinking on the subject to a group of people in which a large percentage base their decisions on some element of abra cadabra and who are convinced that they are going to turn ONE THOUSAND DOLLARS into 3,4,5, 6 MILLION DOLLARS... The CBI is using the word "redenomination" as a kinder, gentler way of saying LOP....People they are TELLING YOU WHAT THEY ARE GOING TO DO! It would seem that folks that use superlatives to voice their opinion that there is absolutely no possibility of a lop may be the ones in over their head. This is a high risk investment of an exotic currency. You make investments like this because they have the potential for a much higher yield. You Try to avoid investing more than you can afford to lose. Whatever is done to enhance the economy of Iraq, will also help the investors. All should be prepared to accept the outcome, and not berate others who may take a more pragmatic view. I am thankful that there are folks here that take a realistic stance.. 1 Link to comment Share on other sites More sharing options...
gallinipper Posted April 16, 2011 Report Share Posted April 16, 2011 (edited) i think there will be a lop and revaluation simultaneously. Edited April 16, 2011 by gallinipper 1 Link to comment Share on other sites More sharing options...
mrref Posted April 16, 2011 Report Share Posted April 16, 2011 sorry...but you must keep doing your research ..you must know all country do the process redenomination?? you must research about indonesia redenominate because they in process delete three zero(redenomination)... I'VE BEEN IN THIS INVESTMEM GOING ON 8 YEARS AND HAVE DONE MORE RESEARCH THAN YOU CAN EVER DREAM OF SO I SAY YOU ARE STILL WAY WAY WAY OUT IN LEFT FIELD Link to comment Share on other sites More sharing options...
DesertPete Posted April 16, 2011 Report Share Posted April 16, 2011 1.Specifically about the redenomination vs Lop redenomination and the Lop is about the same Stated it iraq want people carry less money and keep purchasing power in this case redenomination:iqd 25,000 would be iqd 25 and the iqd 25,000 value will be iqd 25 and the price item was also down and it does not affect the purchasing power for example: the price of rice there iqd 10000 if redenomination price of rice will be iqd 10 and they will pay the money iqd 10 (This is the meaning iraq people want to carry less money and keep purchasing power) Were LOP will cut 25,000 to be 25 and the price item not down and it affects the purchasing power for example: the price of rice iqd 10000 if LOP happen the price item still remain iqd 10000 eventhough has LOP their money and this mean people will loss..money already LOP but the price item not drop and lose purchasing power Link to comment Share on other sites More sharing options...
meatmen4dinar Posted April 16, 2011 Report Share Posted April 16, 2011 I'VE BEEN IN THIS INVESTMEM GOING ON 8 YEARS AND HAVE DONE MORE RESEARCH THAN YOU CAN EVER DREAM OF SO I SAY YOU ARE STILL WAY WAY WAY OUT IN LEFT FIELD I agree 100% Link to comment Share on other sites More sharing options...
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