rvus Posted April 21, 2011 Report Share Posted April 21, 2011 ok with all this talk about lopping off the 3 zeros. thus making our 25,000 notes worth 25.00 then the 10,000 worth 10.00. the 1000 worth 1.00 what about the 50.00, 250.00 and 500.00 they going to move the decimal point 3 spaces to the left on these also? if not i want to trade in all my 25,000 for small bills just a question? Link to comment Share on other sites More sharing options...
DDave Posted April 21, 2011 Report Share Posted April 21, 2011 If there is a LOP, then all notes would be re-valued equally. In this case, the 50.00 would be now be worth 0.05, the 250.00 worth 0.25 and the 500.00 worth 0.50. 1 1 Link to comment Share on other sites More sharing options...
bodeen Posted April 22, 2011 Report Share Posted April 22, 2011 Just believe......... I believe we are all hear for a reason........ 2 Link to comment Share on other sites More sharing options...
DEAMAN Posted April 22, 2011 Report Share Posted April 22, 2011 rvus, it is a very good and important question to ask! ALL the currency will be changed, not unlike it was changed to get Saddam's face off in the first place. At a certain time, you will have to exchange old for new, it's that simple. They will remove the zeros by redenominating the currecy. If you want more info, google redenomination ...it is not something new, it has been done many times around the world. Some folks want folks to believe they are only going to "phase out" the larger denominations and keep the small, but that is not the case. That is just pumper talk to get people excited and think they will get rich quick. 1 Link to comment Share on other sites More sharing options...
coldwarvet Posted April 22, 2011 Report Share Posted April 22, 2011 Question for all the "LOP meisters:" How much do you TRULY know? Just askin' 2 Link to comment Share on other sites More sharing options...
METEMARLO Posted April 22, 2011 Report Share Posted April 22, 2011 CAUTION!!!!!!! NEWBIE ASSASINS HERE TO DERAIL YOU !!!!! THEY TRIED TO LATE WERE ON TO THEM RV ALREADY SO THEY CAN GET A NEW JOB Link to comment Share on other sites More sharing options...
Tropics Posted April 22, 2011 Report Share Posted April 22, 2011 Why do all new people have a problem with reading? There is a section called LOP, go read it. 1 6 Link to comment Share on other sites More sharing options...
mcfly831 Posted April 22, 2011 Report Share Posted April 22, 2011 Heres my thinking........a 25000 note has a Value of 25000 dinar, you paid for 25000 dinar note...when it RVs at _____ per dinar, it will be _____ times 25000. I think whats happening is the CBI is doing two things at once Lopping and Deleting the 3 zeros which is confusing some folks. And neither one of them is concerned with the other. It just happens be going on at the same time. Lopping: CBI will do that to all of the notes that will not be used in international tradein Iraq after the note returns there Raising the 3 zeros : .00085 can become .85, yes that does make for a stronger currency, inside Iraq first, the as for the RV we really couldnt care whats on the right side of the decimal, we just want a huge number on the left side, higher the better 1 1 Link to comment Share on other sites More sharing options...
mrbigglesworth Posted April 22, 2011 Report Share Posted April 22, 2011 Why do all new people have a problem with reading? There is a section called LOP, go read it. ..aint gotta be a d*ck about it... 4 Link to comment Share on other sites More sharing options...
bodeen Posted April 22, 2011 Report Share Posted April 22, 2011 Why do all new people have a problem with reading? There is a section called LOP, go read it. Hey, I found a place for you to go play...... You http://www.fart-sounds.net/fart_sound_board.htm 2 Link to comment Share on other sites More sharing options...
umbertino Posted April 22, 2011 Report Share Posted April 22, 2011 Hey, I found a place for you to go play...... You http://www.fart-sounds.net/fart_sound_board.htm Thanks for the fart board......Appreciated. 1 Link to comment Share on other sites More sharing options...
mike l Posted April 22, 2011 Report Share Posted April 22, 2011 dont worry about a lop till it happens cuz there is nothing we can do till then. 1 Link to comment Share on other sites More sharing options...
DEAMAN Posted April 22, 2011 Report Share Posted April 22, 2011 rvus, Here is an example of a country that redenominated recently; Iraq will probably follow the same path on how it will go down: www.cenbank.org/redenomination/newpolicy.asp 1 Link to comment Share on other sites More sharing options...
kr88zy Posted April 22, 2011 Report Share Posted April 22, 2011 what is DD Link to comment Share on other sites More sharing options...
thebigbadbrody Posted April 22, 2011 Report Share Posted April 22, 2011 Hey, I found a place for you to go play...... You http://www.fart-sounds.net/fart_sound_board.htm Thanks just replaced my forex home page with the fartboard Link to comment Share on other sites More sharing options...
powerpager Posted April 22, 2011 Report Share Posted April 22, 2011 NO LOP !!! 1 Link to comment Share on other sites More sharing options...
mike l Posted April 22, 2011 Report Share Posted April 22, 2011 what is DD another site 1 Link to comment Share on other sites More sharing options...
umbertino Posted April 22, 2011 Report Share Posted April 22, 2011 Thanks just replaced my forex home page with the fartboard lol..........I'll instead use it as a nice elegant sophisticated email gift.to friends, relatives, ex-es, ex bosses etc...... NO LOP !!! If that ( no lop) turns out to be the case ( IF ONLY) I'll acknowledge your Genius and thank you officially. Link to comment Share on other sites More sharing options...
bodeen Posted April 22, 2011 Report Share Posted April 22, 2011 Thanks just replaced my forex home page with the fartboard You know its fun!!!!!!!!! My 8 year old baby girl ( who is all daddy ) loves the fartboard..... Link to comment Share on other sites More sharing options...
Shinnidan Posted April 22, 2011 Report Share Posted April 22, 2011 *wonders into the room singing* "loli-LOP...Loli-LOP...oh la li la li....Loli-LOP.... ba-dum-dum-dum-dum...PLOP...." *wonders out the room whistling same tune* Link to comment Share on other sites More sharing options...
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