BMO Posted February 7, 2010 Report Share Posted February 7, 2010 There is no re-value? its just a re denomination? NO change in value of the dinar. Nothing has changed. 1 dinar still equals what ever the rate is. Link to comment Share on other sites More sharing options...
jocko129 Posted February 7, 2010 Report Share Posted February 7, 2010 :confused:what r you talking about??? Link to comment Share on other sites More sharing options...
fabell Posted February 7, 2010 Report Share Posted February 7, 2010 I understand what you are saying...correct, but a hand-in-hand with the RV. They cannot have an RV without a re-denomination. VERY good news...IMO 1 Link to comment Share on other sites More sharing options...
warrengz Posted February 7, 2010 Report Share Posted February 7, 2010 Seriously, have u read the posts at all? Done any research yourself??? Link to comment Share on other sites More sharing options...
hiloeven Posted February 7, 2010 Report Share Posted February 7, 2010 As a newcomer with limited dinar experience, can someone explain the precise difference, if any, between a redenomination (as in yesterday's news release) and a RV ? Thanks. Link to comment Share on other sites More sharing options...
Muhammad Posted February 7, 2010 Report Share Posted February 7, 2010 There is no re-value? its just a re denomination? NO change in value of the dinar. Nothing has changed. 1 dinar still equals what ever the rate is.I thought your nickname was BMO which stands for Be More Optimistic! Come on, can you explainfurther why is it so? Link to comment Share on other sites More sharing options...
tzsbwn Posted February 7, 2010 Report Share Posted February 7, 2010 the rv will have to happen very close to the release of the lower denoms because people will not be able to carry enough lower denoms with them to the grocery store at the current rate. they will need a wheelbarrow. Link to comment Share on other sites More sharing options...
eileen Posted February 7, 2010 Report Share Posted February 7, 2010 This was also the case in Germany. My father told me many stories about wheel barrels full of money and then RV after the war. Let's pray that this is the RV. Link to comment Share on other sites More sharing options...
BMO Posted February 7, 2010 Author Report Share Posted February 7, 2010 Not if they change the price of bread. Our stores do it on a daily basis Link to comment Share on other sites More sharing options...
andak Posted February 7, 2010 Report Share Posted February 7, 2010 What are you talking about. Do you not read or listen or.....Read Sonny1 post from this morning. Redenomination will occur but only after rv. Redenom has to occur. Read some posts. Link to comment Share on other sites More sharing options...
warrengz Posted February 7, 2010 Report Share Posted February 7, 2010 the rv will have to happen very close to the release of the lower denoms because people will not be able to carry enough lower denoms with them to the grocery store at the current rate. they will need a wheelbarrow.Along with their goats!! Link to comment Share on other sites More sharing options...
jackdavis1364 Posted February 7, 2010 Report Share Posted February 7, 2010 This was also the case in Germany. My father told me many stories about wheel barrels full of money and then RV after the war. Let's pray that this is the RV.Your father was absolutely correct about Germany. But, it has absolutely nothing to do with this situation. Germany was in hyper-inflation when they were using wheelbarrows to take the money to the store. Iraq is not in hyper-inflation. Their inflation is well under control and has been for several years. That is where you usually get redenomination. Again, I say this is not redenomination but rather a reconstitution of the currency. Link to comment Share on other sites More sharing options...
jackdavis1364 Posted February 7, 2010 Report Share Posted February 7, 2010 Hey warrengz, don't sent messages. send wife. lol Link to comment Share on other sites More sharing options...
BMO Posted February 8, 2010 Author Report Share Posted February 8, 2010 Is sonny1 the person that is in charge of the RV? Link to comment Share on other sites More sharing options...
tabajam Posted February 8, 2010 Report Share Posted February 8, 2010 Thanks for the info Link to comment Share on other sites More sharing options...
rootdizzol Posted February 8, 2010 Report Share Posted February 8, 2010 the object is for the iraqi people carry less money if there is no rv people would carry more bills yes i would like to take my 5000 1 dinar bills to get an apple. some people have no common sense Link to comment Share on other sites More sharing options...
Mongo Posted February 8, 2010 Report Share Posted February 8, 2010 There is no re-value? its just a re denomination? NO change in value of the dinar. Nothing has changed. 1 dinar still equals what ever the rate is.Sorry not possible.......period Link to comment Share on other sites More sharing options...
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