Old war vets take on the IQD RV

[leggman24]

Your so called, lop, or RD, does not changed buying power whatsoever , or screw anybody. . . but us. The existing 25K bill just becomes a new 25 Dinar bill, and smaller bills are newly added to the lot, also. Me thinks you must be thinking of something very different than that. Not so?

You actually just made my point. The people that exchanged 1 for 1 before, are not going to get to exchange 1 for 1 now. What you are saying its more like 1 to 1000. Not going to happen that way at all.

[sheik]

KEEPS- astute post.right on point.

[Texas1]

I used to have a old uncle that would fall asleep at the dinner table and passout head first into the mashed potato`s

But we always made a point not to talk about it. No what I mean dude

You had 2 bowls of mashed potatoes?

[tilak]

Why does everyone seem to think that the US or the IMF devalued their currency??

Saddam ruined the country and the value of the dinar.....

He blew all their money on the war with Iran with funds from the reserves and to top things off instead of replacing or rebuilding the reserves, he just started printing more and more dinar, diluting the currency and its value.....then to top it off he refused to take USD for oil......(part of the reason we invaded)

This process of the dinar falling in value has been going on for 20 years....I hardly call that quick! LOL

I don't agree with you much, especially referring to LOPs, but you hit it right on the button with this analisys.