The implementation of the deletion of 000's -

[FreckledFuzz]

http://www.sotaliraq.com/mobile-news.php?id=26874

Could someone please translate and post article? Thanks:)

Yet another 000's article...just what everyone wanted to hear...however unlike the dry mambo jumbo that we've been reading (and I'm sure the Iraqi people are tired of) this one seems a little simpler and is a bit more appealing (for lack of a better word)

Since I think this is from a newspaper I stated it as an opinion piece as it's not from a news source

[dhardage]

http://www.sotaliraq.com/mobile-news.php?id=26874

Could someone please translate and post article? Thanks:)

Yet another 000's article...just what everyone wanted to hear...however unlike the dry mambo jumbo that we've been reading (and I'm sure the Iraqi people are tired of) this one seems a little simpler and is a bit more appealing (for lack of a better word)

Since I think this is from a newspaper I stated it as an opinion piece as it's not from a news source

01-10-2011 | (Voice of Iraq) - "the gate of Iraq" varied views of a number of experts and specialists in economic affairs in the process of deletion of zeros and replace the Iraqi currency, between supporters and opponents have split most of the views while some see the importance that the central bank seeks to enforce its financial without confusion, and as planned, others to seek central to the study of intensive and extensive process, which they said: It may not benefit the national economy with something, and the number of experts pointed out that the application of the process of removing the zeros can not achieve success desired only under stable economic conditions , which is not seen Iraq at the moment, according to expert opinion, is that specialists others made ​​clear the importance of the matter as it confirmed that it can maintain the stability of the dinar on one hand and reducing the mass of cash in the Iraqi market, which is approaching four trillion paper reviews the other hand. time inappropriate

ويرى الخبير الاقتصادي الدكتور مهدي الحافظ ان الوقت غير مناسب للشروع بتنفيذ عملية تغيير العملة وحذف الاصفار منها، مشيرا خلال حديث صحفي الى ان العراق ورث فترة طويلة من عدم الاستقرار الاقتصادي، فضلا عن مروره في الوقت الراهن بظروف غيرمستقرة كلها عوامل لا تساعد في العادة على تطبيق خطط نقدية كبيرة كتلك التي يروم البنك المركزي تنفيذها في حذف الاصفار، داعيا الى التأني في تنفيذ هذا الامر لحين استقرار الاوضاع الاقتصادية والسياسية ومن ثم التفكير في تغيير العملة او اعادة النظر في احتساب سعر الصرف. He sees Dr. Mahdi Al-Hafiz was not the time to begin the implementation process of changing the currency and the deletion of zeros, ones, noting during the interview that Iraq inherited a long period of economic instability, as well as passing in the current circumstances Garmestqrh are all factors that do not help in practice to apply plans such as large cash central bank, which purports to be implemented in the deletion of zeros, calling for careful implementation of this matter until the stability of economic and political situation and then consider changing the currency or re-consider the calculation of the exchange rate.

وردا على رأي البنك المركزي العراقي بشأن التغيير التدريجي للعملة في حال حذف الاصفار قال الحافظ: لا يمكن تحديد فترة زمنية لاستبدال العملة، الا بعد ان يشهد الاقتصاد الوطني استقرارا كاملا.. In response to the Iraqi Central Bank's opinion on incremental change of the currency in case of deletion of zeros Hafiz said: Can not determine the period of time to replace the currency, but after that the national economy is stable, full ..

الاستفادة من تجارب الدول Benefit from the experiences of

وبينما يؤكد الحافظ على عدم تناسب الوقت مع عملية حذف الاصفار نظرا لعدم الاستقرار الاقتصادي، فان وكيل وزارة التخطيط والتعاون الانمائي الدكتور فائق عبد الرسول لم يذهب بعيدا عن ذلك الرأي حينما قال: ان السياسة النقدية في العراق مرتبكة جدا…ومربكة. While emphasizing preserving the disproportionate time with the process of removing the zeros due to economic instability, the Undersecretary of the Ministry of Planning and Development Cooperation, Dr. ultra Abdul Rasul did not go away from that view when he said that monetary policy in Iraq is confused too ... and confusing.

ويبين الوكيل خلال حديث صحفي ان تلك السياسة لا تقوم على فهم حقيقي للنظرية النقدية في العالم المستندة الى مفهومين اساسيين هما السياستان الانكماشية والتوسعية، موضحا ان الاقتراح الذي تقدم للعراق هو انتهاج اقتصاد حر وبالتالي كل شيء يسير وفق السياسة الانكماشية، وادى ذلك الى تقليص عرض النقد وبالتالي رفع الفائدة وهذا الامر ولد ضغطا شديدا على امكانية التسهيلات المصرفية، غير ان عبد الرسول في مقابل ذلك دعا الى الاستفادة من تجارب الدول التي سبقتنا في عملية تغيير العملة للحد من الاخطاء التي قد تصادف العملية، وقال ايضا: ليس جديدا على العراق عملية رفع الاصفار من العملة فقد سبقتنا العديد من الدول في ذلك وانا اتصور ان الاستفادة من تجارب بعض البلدان ستساعد على نجاح الامر وهي تجارب مهمة يجب ان تؤخذ بنظر الاعتبار.. Shows the agent during the interview that the policy is not based on a true understanding of the theory of cash in the world based on the concepts of two basic policies have contractionary and expansionary, adding that the proposal made ​​to Iraq is to adopt a free economy, and therefore everything is going according to policy, deflationary, and led to the reduction of money supply thereby raising interest rates and it was born severe pressure on the possibility of banking facilities, but the Abdul Rasul in return invited to benefit from the experiences of countries that have preceded us in the process of changing the currency to reduce the mistakes that you may encounter the process, and also said, is not new to Iraq, the lifting of the zeroes currency has preceded us in many countries, so I imagine that benefit from the experiences of some countries, it will help the success of a test task that must be taken into consideration ..

الاصفار اضيفت لتقوية العملة Zeros added for the strengthening of the currency

بدوره اعتبر الباحث الاقتصادي باسم عبد الهادي ان موضوع تغيير العملة وحذف الاصفار منها امر سابق لاوانه، مشيرا الى ان الجميع يعي ان الاصفار اضيفت الى العملة العراقية نتيجة للضعف الاقتصادي الذي كان يعانيه البلد، مؤكدا ان هذا الضعف مازال قائما ما دعاه الى القول: علينا طبع عملات ذات فئات كبيرة.. In turn, considered the economic researcher as Abdul Hadi said the issue of changing the currency and to delete the zeros of which is premature, noting that everyone knows that the zeros were added to the Iraqi currency as a result of economic weakness, which was suffered by the country, stressing that this weakness is still present what he called to say: we have printed currencies with large groups ..

واوضح عبد الهادي انه في حالة حذف الاصفار فان على الجميع ان يتيقن بان الاقتصاد العراقي عاد الى وضع اقوى بكثير مما كان عليه، وهذا عكس ما يمر به الواقع الاقتصادي حاليا. Abdul Hadi said that in the case of the deletion of zeros to everyone that he is certain that the Iraqi economy returned to a much stronger position than it was, and the opposite of what is going through the current economic reality.

وطمأن الباحث المواطنين مما يدار من احاديث بشأن ما قد يرافق عملية حذف الاصفار، مؤكدا عدم امكانية استغلال الامر من قبل ضعاف النفوس كما اشيع في الاونة الاخيرة، وان العملة الجديدة المزمع طباعتها هي عملة ذات مواصفات عالية يصعب تزويرها او تقليدها باي شكل من الاشكال. The researcher assured the citizens, which is administered talk about what may accompany the process of removing the zeros, he did not exploit the possibility of it by the weak people, as rumored recently, and that the new currency is the currency to be printed with high specifications difficult to forge or imitate in any way.

الى ذلك ايد الخبير الاقتصادي باسم جميل انطوان عملية حذف الاصفار من العملة، مؤكدا اهمية تحجيم ما اسماها ب(الدولرة) وكثرة استخدام العملات الاجنبية في التداولات اليومية للاسواق المحلية، وذكر انطوان ان ابرز ما يحتم على المركزي تغيير العملة وحذف الاصفار منها هو الكتلة النقدية الهائلة الموجودة في الاسواق المحلية والتي تقدر باكثر من اربعة ترليونات ورقة نقدية، مؤكدا ان حذف الاصفار سيقلص هذا العدد ليبلغ بعد ذلك قرابة المليارين وثمانمائة مليون ورقة نقدية، موضحا ان هذه العملية ستختصر كثيرا من التعاملات اليومية للعملة سواء في المصارف او بقية المحاسبات المالية في الاسواق او الصيرفات لاسيما ان المواطن العراقي لا يؤمن الا بالتعامل النقدي(الكاش). To that supported economic expert on behalf of Jamil Antoine process of deletion of zeros from the currency, stressing the importance of curb what he called (dollarization) and the frequent use of foreign currencies in the trading day for the local markets, said Antoine that the most prominent is imperative for the central change the currency, and to delete the zeros of which is the enormous mass of cash in the domestic market, estimated at more than four trillion paper money, asserting that the deletion of zeros will reduce this number to reach after nearly two billion eight hundred million banknotes, explaining that this process be shortened many of the daily dealings of the coin, whether in banks or the rest of the accounting of financial markets or Chierfat especially that of the Iraqi citizen, but does not believe in handling cash (Cache).

واوضح الخبير كذلك ان عملية حذف الاصفار ستمكن المتداولين للعملة من تخزينها ونقلها بشكل اكثر سهولة مما هو عليه الان، غير ان ابرز ما يمكن ان ينجم عنه تغيير العملة بحسب انطوان هو تقليل التداول النقدي المباشر ورفع قيمة الدينار الذي قال انه يتمتع بقوة كبيرة الان لاسيما في ظل دعمه برصيد يبلغ 58 مليار دولار هي قيمة احتياطيات البنك المركــــزي العراقي. He said the expert also said the process of removing the zeros will enable traders to the currency storage and transport more easily than it is now, but the most prominent can result in a change the currency, according to Antoine is to reduce the trading in cash and raise the value of the dinar, which he enjoyed very strongly now, especially in With its support with a $ 58 billion is the value of the Iraqi Central Bank's reserves.

[tamiflyer]

This is what I like, which really looks towards an RV:

"Abdul Hadi said that in the case of the deletion of zeros to everyone that he is certain that the Iraqi economy returned to a much stronger position than it was, and the opposite of what is going through the current economic reality."

GLTY and all. Go RV.

[tandy]

thx for the post and for the translation...now I gotta take a nerve pill and have nightmares... Where are the crackerheads that can get this accomplished for the good of the Iraqi people...and maybe benefit us a wee bit too? Many pieces to this puzzle but seems a lot of the important ones are in place...maybe the rest will fall inplace soon....if not, we wait patiently "all things comes to those who wait patiently" ......like grey hair, pot bellies, wrinkles, depends, dementia.....hurry rv!!!!!

[tilak]

[8 مليار دولار هي قيمة احتياطيات البنك المركــــزي العراقي. He said the expert also said the process of removing the zeros will enable traders to the currency storage and transport more easily than it is now, but the most prominent can result in a change the currency, according to Antoine is to reduce the trading in cash and raise the value of the dinar, which he enjoyed very strongly now, especially in With its support with a $ 58 billion is the value of the Iraqi Central Bank's reserves.

Thank you for translating it....+1

[zul]

and to delete the zeros of which is the enormous mass of cash in the domestic market, estimated at more than four trillion paper money, asserting that the deletion of zeros will reduce this number to reach after nearly two billion eight hundred million banknotes,

NO LOP from this guy Deleting 3 zeros is removing notes with 3 zeros out of circulation...that's how the number of notes are reduced from 4 trillion to 2.8 Billion notes.

[keepmwlknfny]

NO LOP from this guy Deleting 3 zeros is removing notes with 3 zeros out of circulation...that's how the number of notes are reduced from 4 trillion to 2.8 Billion notes.

And what do you suppose you will get when they exchange your bigger bill if all they are doing is reducing the amount of bills in circulation?

[RodandStaff]

thx for the post and for the translation...now I gotta take a nerve pill and have nightmares... Where are the crackerheads that can get this accomplished for the good of the Iraqi people...and maybe benefit us a wee bit too? Many pieces to this puzzle but seems a lot of the important ones are in place...maybe the rest will fall inplace soon....if not, we wait patiently "all things comes to those who wait patiently" ......like grey hair, pot bellies, wrinkles, depends, dementia.....hurry rv!!!!!

I hear ya!... but the depends and dementia can wait for another century!

[RodandStaff]

The removal of three zeros eliminates any prospective gain for us. So it is hard for me to understand why anyone here would be hoping to see it finally happen. Seriously, there is no pleasure in having one's own throat cut.

I tend to believe the "removal of the zero's" has gotten lost in the arabish translation... from what I have read, and heard, the removal means taking the large denoms out of circulation over the next two years... I am fine with that as long as they pay us for the ones we have first!

GO RV Already Baby!!!

[keepmwlknfny]

I tend to believe the "removal of the zero's" has gotten lost in the arabish translation... from what I have read, and heard, the removal means taking the large denoms out of circulation over the next two years... I am fine with that as long as they pay us for the ones we have first!

GO RV Already Baby!!!

So reducing the money supply from 30 trillion to 30 billion isent a lop? Exchanging your current bills for new ones at a 1000 to 1 ratio isent a lop? Replacing the entire currency with a NEW currency isent a lop? SHEESH!!! I must REALLY be missing something! LOL

[zigmeister]

Japan for years has discussed re denomination, but they have yet to do it. I see this is what Iraq is doing, discussing. It is back and forth chatter. It is obvious they will have to at some point or they might leave their currency as it is, not all countries in their situation do. I read a brilliant paper by Layna Mosley, Dept. of Political Science, University of NC. Titled

'Dropping Zero's, Gaining Credibility? Currency Re denomination in Developing Nations'

My link

Abstract: This paper investigates the conditions under which developing and transition nations engage in currency redenomination. Given that many governments of developing countries experience high levels of inflation and deterioration in their currencyís value against other currencies, why do some elect to redenominate, while others do not? And why do some governments wait many years after a bout of hyperinflation, or after their currency is priced at 1000 or 5000 units to the dollar, to redenominate, while others do so relatively quickly? I suggest that the explanations rest in a combination of economic and political factors, including inflation, governmentsí concerns about credibility, and the effect of currencies on national identity. I employ survival analysis to test these expectations, using a set of data for developing and transition nations, covering the 1960-2003 period. I find, not surprisingly, that inflation is an important predictor of redenomination. Redenomination also is related to political variables, including governmentsí time horizons, the governing partyís ideology, the fractionalization of the government and legislature, and the degree of social heterogeneity.

Redenomination can have political variables as well as economic.

Hypothesis 1: Both authoritarian and democratic governments may have political reasons for redenomination. Democratic governments are likely to redenominate in response to high inflation. Authoritarian governments may redenominate even without high inflation, particularly in the presence of civil conflict.

Hypothesis 2: Redenomination is more likely following a period of high inflation and a subsequent stabilization. A dramatic downward movement in inflation increases the probability of a redenomination. This is particularly likely in countries that are more open to international capital flows, that are under an IMF adjustment program, and that have politically independent central banks.

Hypothesis 3: Redenomination is more likely immediately after an election (or with many years remaining until the next election), less likely immediately before an election, and more likely in more fractionalized political systems.

Hypothesis 4: Redenomination is less likely, all else equal, when left-leaning parties are in office, and more likely when right-leaning politicians hold office.

Hypothesis 5: Redenomination is more likely in nations where it has been used in the past. The total past experience with redenomination increases the hazard of its use.

Hypothesis 6: Redenomination is more likely, all else equal, where foreign currency substitution is more prevalent in the domestic economy. This is more likely in nations with high inflation, with high local currency/dollar ratios; and foreign currency substitution is more likely after 1989 (as financial globalization expands) than before.

Hypothesis 7: Redenomination is a more likely response to economic problems in more heterogeneous societies, and in younger nation-states.

So what do we see Iraq doing? Why does Maliki and others feel to RD now not a good idea. I think Maliki is concerned if they RD now and it fails for whatever reason, his chance to be re-elected would be nill. He is on rocky ground as is. It has nothing to do with stability, or counterfeiters, or cost.

Where is the IMF in this? There is no mention of an RD in the Financial Sector Review. Nor did the IMF in the meeting in

Washington suggest the possibility of an RD. IMO if it was in the works I would think there would be some discussion and or out line of the process the IMF would want followed. But hey we know these guys don't put everything down on paper.

What is going on in Iraq then. another site, whom I respect mentioned in July Iraq had begun pulling in the 25,000k notes. I wonder whose? Could it be other countries? Could it be possible that unbeknown to the general public,

a deal was struck. Is that why Shabibi in the interview said there was not much dinar out side of Iraqs borders?

What about dollarization? Shabibi said the people would be punished via tax if they use the dollar.

IMO it is all talk, however Shabibi did say oil will be paid in dinar. If they are going to RD they better do it yesterday, because the contracts are coming in.

We can read what they say, or watch what they do. Their time line for RD is getting smaller. Watch and see. I still hope

an RV even a small one is on the horizon.

[zul]

And what do you suppose you will get when they exchange your bigger bill if all they are doing is reducing the amount of bills in circulation?

That's what the guy said...4 trillion down to 2.8Billion notes. LOP will not reduce the number of notes.

Why exchange...? They will run concurrently...(CBI said that). As they are basically cash society, they will use bigger bills for bigger purchases. And those bills will be taken out once it reaches the banks......reducing the numbers even further.

Delete 3 zeros in not just deleting 3 zeros...it involves introducing LDs...u know that.

[keepmwlknfny]

That's what the guy said...4 trillion down to 2.8Billion notes. LOP will not reduce the number of notes.

Why exchange...? They will run concurrently...(CBI said that). As they are basically cash society, they will use bigger bills for bigger purchases. And those bills will be taken out once it reaches the banks......reducing the numbers even further.

Delete 3 zeros in not just deleting 3 zeros...it involves introducing LDs...u know that.

A Lop would reduce the number of notes.....think about all the bills below 1000.....they will be exchanging them for fils/coins.....I think a lot of people forget about that part. And also when countries redenominate, its normal for two currencies to be used at once until the old is deemed worthless....that is nothing out of the ordinary! I'm not sure why so many think that because they say both currencies will exist that it means it can't be a lop.....that's exactly what happens in those situations, but iraq appears to be very lenient on how long this exchange process will last.

And of course lower denoms will be a part of this, its what u will be exchanging your current bills for.....but that doesn't mean that its a straight up rv either.....

[xyzzy]

This number of "4 trillion" has gone around and around on many posts, but I don't see how it can be accurately referring to the number of banknotes currently in circulation. The smallest note now is a 50, so that would put a lower bound on the money supply of 200T dinar, but we know M2 is 60T and the money actually in circulation is only about 24T dinars, so there just can't be 4T notes out at this time. 4B notes would be much more believable. Also the RD won't reduce the number of notes by 1000x, so 4B to 2.8B also makes more sense.

[zigmeister]

We can read what they say, even though we are dealing with translations. But what are they doing? Just talking about re denomination. So far there is nothing in their actions that tell me they have actually begun the process. For me, that is a good sign.

[MrDinarman]

A Lop would reduce the number of notes.....think about all the bills below 1000.....they will be exchanging them for fils/coins.....I think a lot of people forget about that part. And also when countries redenominate, its normal for two currencies to be used at once until the old is deemed worthless....that is nothing out of the ordinary! I'm not sure why so many think that because they say both currencies will exist that it means it can't be a lop.....that's exactly what happens in those situations, but iraq appears to be very lenient on how long this exchange process will last.

And of course lower denoms will be a part of this, its what u will be exchanging your current bills for.....but that doesn't mean that its a straight up rv either.....

Also, if they are planning to RV to ANY significant amount, the old and new notes can NOT co-exist and be in use. I don't know why people can't understand that. Who would have change for $75,000? Hence they can not co-exist if they are going to RV. That's why I strongly believe in some type of lop.

[xyzzy]

This number of "4 trillion" has gone around and around on many posts, but I don't see how it can be accurately referring to the number of banknotes currently in circulation. The smallest note now is a 50, so that would put a lower bound on the money supply of 200T dinar, but we know M2 is 60T and the money actually in circulation is only about 24T dinars, so there just can't be 4T notes out at this time. 4B notes would be much more believable. Also the RD won't reduce the number of notes by 1000x, so 4B to 2.8B also makes more sense.

Also, if they print at roughly the same rate as the US does (~320,000 bills per hour per press), it would take 10 presses running 24hrs per day 365 days per year for 150 years to print 4T banknotes.

[donnydoright]

4B notes would be much more believable. Also the RD won't reduce the number of notes by 1000x, so 4B to 2.8B also makes more sense.

In the case of a straight up RD, where no coins are minted, you would end up with the same amount of notes before as after...i'm not sure that i can accept that 1.2billion or more then 25% of their currency will be converted to coins...

A MUCH MUCH more likely senerio is that they will do that same thing they did in 2004, close the borders and only accept in country Dinar....This would account for dinar held illegally(and legally) outside the country to not be exchanged for more dinar(possibly just converted to their local currency, USD, UK, etc.) and for them to do(IMO) 4-7% of their currency in coins

[xyzzy]

Also, if they are planning to RV to ANY significant amount, the old and new notes can NOT co-exist and be in use. I don't know why people can't understand that. Who would have change for $75,000? Hence they can not co-exist if they are going to RV. That's why I strongly believe in some type of lop.

I agree an RD is going to happen, but I don't follow your logic here. If they were to RV to $3 (I assume the $75,000 is for a 25K IQD note), then they would have to issue smaller notes (1, 5, 10) to go along with the current set of 50, 100, 500, 1000, 5000, and 25000 notes and fil coinage as well to make change for 1 dinar). So it seems to me lower demons would HAVE to be printed if a straight up large RV occurs. An RD of course prints smaller denominations as well, but in a new currency. Am I not understanding you correctly?

In the case of a straight up RD, where no coins are minted, you would end up with the same amount of notes before as after...i'm not sure that i can accept that 1.2billion or more then 25% of their currency will be converted to coins...

Doesn't have to be coins and it doesn't have to be bill for bill. You turn in twenty 50 IQD notes, each worth 0.05 new dinar (50 new fils) and get back a single 1 new dinar note. Edited October 2, 2011 by xyzzy

[donnydoright]

Doesn't have to be coins and it doesn't have to be bill for bill. You turn in twenty 50 IQD notes, each worth 0.05 new dinar (50 new fils) and get back a single 1 new dinar note.

Thats actually a pretty good point, i hadn't thought of it that way...your math is wrong...that would only work out to 200 new fils, which doesn't equal 1 dinar(it would work with 250 dinar notes)...but that's not the important part of your post....

I agree with you, thanks for pointing out something i hadn't considered

[xyzzy]

Thats actually a pretty good point, i hadn't thought of it that way...your math is wrong...that would only work out to 200 new fils, which doesn't equal 1 dinar(it would work with 250 dinar notes)

I don't think I screwed up, but lets see...

a single 50 IQD note divided by 1000 is 0.05 new dinar. times twenty of them, is 1 new dinar. or did I do that wrong (again!).

I agree with you, thanks for pointing out something i hadn't considered

My pleasure.

[Scrumdiddles]

And what do you suppose you will get when they exchange your bigger bill if all they are doing is reducing the amount of bills in circulation?

Wow, there he is again. Every time there is some article or conversation about LOP or RD, yep you are here. You really really want it to LOP or RD huh? It is beyond reality, this investment, how much do people have to say that. Smoke and mirrors are almost every article, but somehow the REALITY of this investment can not ever be let go. I sure hope you understand this is a different situation, this is a different time in history, this is a different country with money proven to be valuable. The US, China, many other countries, Warren Buffett, George Bush, Donald Trump, and millions of other are holding the Dinar. Why would they be holding it if they were going to LOP or RD before the RV? Why would they and us throw money at an investment that is sure to LOP or RV because reality says so? Your reality is different from anyone else's reality. History repeats itself most of the time, but the reality is history changes also. This is a different time in life, the crest before the crash, and they are trying to save us from a economic crash. Why would they take the money out of the Peoples hand when they, the people, is what makes the world go around. No not corporation, no not governments, no not countries, no not anything. I just don't understand why why why RD and LOP is still around. This will not be a standard transaction. Alot of measure are being taken for this Dinar, but why, it is not because it will LOP or RD first. Why would they be taking all these measures because people who invested 5,000 into dinars and come away with 15,000. Wow big money huh. Oh yea that is right, its reality. Sorry, how stupid am I.

Edited October 2, 2011 by Scrumdiddles

[donnydoright]

Wow, there he is again. Every time there is some article or conversation about LOP or RD, yep you are here. You really really want it to LOP or RD huh? It is beyond reality, this investment, how much do people have to say that. Smoke and mirrors are almost every article, but somehow the REALITY of this investment can not ever be let go. I sure hope you understand this is a different situation, this is a different time in history, this is a different country with money proven to be valuable. The US, China, many other countries, Warren Buffett, George Bush, Donald Trump, and millions of other are holding the Dinar. Why would they be holding it if they were going to LOP or RD before the RV? Why would they and us throw money at an investment that is sure to LOP or RV because reality says so? Your reality is different from anyone else's reality. History repeats itself most of the time, but the reality is history changes also. This is a different time in life, the crest before the crash, and they are trying to save us from a economic crash. Why would they take the money out of the Peoples hand when they, the people, is what makes the world go around. No not corporation, no not governments, no not countries, no not anything. I just don't understand why why why RD and LOP is still around. This will not be a standard transaction. Alot of measure are being taken for this Dinar, but why, it is not because it will LOP or RD first. Why would they be taking all these measures because people who invested 5,000 into dinars and come away with 15,000. Wow big money huh. Oh yea that is right, its reality. Sorry, how stupid am I.

Do you have a link to backup ANY of these claims? or are you just repeating what the Guru's have told you?

[dhardage]

Wow, there he is again. Every time there is some article or conversation about LOP or RD, yep you are here. You really really want it to LOP or RD huh? It is beyond reality, this investment, how much do people have to say that. Smoke and mirrors are almost every article, but somehow the REALITY of this investment can not ever be let go. I sure hope you understand this is a different situation, this is a different time in history, this is a different country with money proven to be valuable. The US, China, many other countries, Warren Buffett, George Bush, Donald Trump, and millions of other are holding the Dinar. Why would they be holding it if they were going to LOP or RD before the RV? Why would they and us throw money at an investment that is sure to LOP or RV because reality says so? Your reality is different from anyone else's reality. History repeats itself most of the time, but the reality is history changes also. This is a different time in life, the crest before the crash, and they are trying to save us from a economic crash. Why would then take the money out of the Peoples hand when they, the people, is what makes the world go around. No not corporation, no not governments, no not countries, no not anything. I just don't understand why why why RD and LOP is still around. Oh yea that is right, its reality. Sorry, how stupid am I.

Not talking about it does not make it any less possible. Please show me the article that states that George Bush and Donald Trump are holding Dinar. I can show you at least 5 REAL news articles where they talk about the PLAN to RD. So far, the only REAL evidence of a POSSIBLE RV is the Shabibi interview back in april when he said that they would keep an eye on inflation and THEN decide. The REALITY is (as much as it SUX) that it could happen. And just because we would like to have intelligent conversations about ALL possibilities, good and bad does not mean it is something we WANT to happen.

[Scrumdiddles]

Not talking about it does not make it any less possible. Please show me the article that states that George Bush and onald Trump are holding Dinar. I can sow you at least 5 REAL news areticles where they talk about the PLAN to RD. So far, the only REAL evidence of a POSSIBLE RV is the Shabibi interview back in april when he said that they would keep an eye on inflation and THEN decide. The REALITY is (as much as it SUX) that it could happen. And just because we would like to have intelligent conversations about ALL possibilities, good and bad does not mean it is something we WANT to happen.

Ok we will believe your article and disregard mine. You know this is how it will play out in a RD LOPER mind. So no battle, no proof, nothing but a single article that who knows who wrote and what agenda they wrote it from. So that is reality.