My worth on this investment.

[pudge]

EXACTLY!

You said it well.

If you think my post was dumb, you just disqualified yourself big time in my view and I don't want to even spend more time on you after this last reply.

Fiat currency is built on belief. Not on gold. Or oil. Or productivity. Do you know how much US$ are in circulation? No. You don't. Because it's hidding. There are 9T off balance sheet $ "found" recently by the Fed Governors which they can't account for and God knows how much more Ts are out there without them or us knowing.

Currencies and money is based on bugger all.

All of these values and rations are artificially manipulated. There is no such thing as "the economy".

If supply and demand would really work, the US$ would have been dead.

America is bankrupt and the US$ is worth ****. In reality.

But as we all "still believe in it" the $ is still what it is.

You need to do some serious research and look beyond the economy textbooks you got in prep school.

Fiat currency is built on belief. Not on gold. Or oil. Or productivity.

No Sheeeet!

Of course all currencies are manipulated and you are helping manipulate it by believing in it. So you're part of the problem. America is approaching bankruptcy but Europes even closer thanks to Socialist governments

But the belief in one currency or another determines the currency value. The Dinar is not traded, the CBI does not want it traded nor is the rest of the world interested in the Dinar except for you and your ilk. My point is there is alot more belief in the dollar than the dinar. Comprende?

If you don't believe that Iraq's oil is the key to the future value of the Dinar then I'm afraid you're at odds with the rest of your community. But I'm with you on that one.

I can't even remember prep school

Edited November 11, 2011 by pudge

[20MillionDinar]

I'm not going to argue all day either so this is it for me. We all know the principles of supply and demand, artificial pegs and floating currency. But your into the 'if', not likely, scenarios again

ARTIFIALLY PEGGED? Understood, nothing anyone can do about it except not buy the Dinar which is what would happen if they artificially pegged it higher.

FLEXIBLE EXCHANGE RATE? Well of course that would have the ability (ever so slightly over time and based on multiple other economic and political factors) to raise the real value of the Dinar. But again 'if' they are ready and a flexible exchange rate may actually make it decrease in value which is probably why it's not flexible now. Nobody wants it. So you just admitted it and I agree that supply and demand over time may help the Dinar. BUT NOT THE OVERNIGHT 100 TIMES OR .10. But then again you said that is possible overnight with a flexible exchange rate but that a flexible exchange rate would take time based on supply and demand. So which is it?

So you're talking in circles here.

UNIVERSALLY RECOGNIZED CURRENCY? Recognized for what? It's weakness? Oh that's right, the flexible exchange rate. You're caught in a catch 22....currency can't have value unless it's universally recognized but it can't be universally recognized unless it has value. That's what this whole RV craze is about. An instant raising of the trade in value of the Dinar by impossible factors. You even said a 2 dollar is unreasonable and I'm saying .10 cents is unreasonable because it creates a run on the foreign currency reserves in Iraq with a 100 fold return. You know currency markets don't work that way. No trader is going to say to another trader "Sure, I'll give you a hundred times what you paid for it because it's 'universally recognized'. Pure internet dinar pumping claptrap.

As far as being insane you said it would be insane to think that everyone would run to cash in for Dollars at even a 100 times return. So not everybody would cash in $1,000 worth of dinars for $100,000 cash?...No?, they wouldn't?.....OK, I'm insane

We all appreciate the intellectual approach you've tried to take in presenting any possible scenario for the trade in value of the Dinar to increase suddenly. But it's still all the same. Full of ifs, maybees, could bees, chances, I'll bets, hopefullies, might bees, someday, anyday, etc

You also enjoy you're day!

IT'S BUILT ON BELIEF?

Uh....there is 1170 times more belief in the US dollar than the Iraqi Dinar.

Really dumb post

Hey Pudge,

Are you member Xyzzy under a new screen name? Just curious...

By the way, my theories, maybes, and ifs hold just as much water as the RD theory which is also an if, maybe, chance, could be, someday, any day...just remember that!

Edited November 11, 2011 by 20MillionDinar

[keepmwlknfny]

Keep still believes in text book fairytales of how the economy works.

All the fiat money creation in the US based on a currency backed by zilch hasn't taught him that this theory is only meant to make us believe that our money is actually worth something....

They printed trillions of new dollars in the US in the last decade. Is that because they found more gold trees in Oregon? Or was it based on more productivity? Nonsense. It's build on BELIEF.

You are the one drinking KOOLAID :-)

You cant compare the US to Iraq.....regardless of the fact of them both being fiat currency.....first off the USD is a reserve currency.....and thats the only reason why the dollar holds its value as it is today....we have an inflated money supply as well and it will catch up sooner or later....if you havent noticed, faith in the dollar is dropping and with the total amount out in circulation, the dollar would plummet if taken away from being a reserve currency....

Iraq on the other hand, they have no faith in the dinar....no one does...except us as speculators....you know why there is no faith in the dinar?? Because its inflated more so then the USD.....It will take years to gain any sort of faith in the dinar....but in order to do so, the inflated currency needs to be cut first....

Dont start whining please when all you did was hear a new line from your fav guru lol

[luckyone]

First I never said I thought it will not RV, I firmly believe it will not RV at the ridiculous pumper rates but a lower more reasonable rate should be entirely possible.

as far as what you said about how you think they should RD, exchanging 1,000,000 in larger notes for 1,000,000 in smaller notes I fail to see what you think that would accomplish if the idea of the RD is to reduce the numbers of Dinar and physical notes in circulation, what did I miss?

You didn't miss anything. I was just saying that I think that is what they should do. I know it wouldn't lower the amount of dinar floating around, just get rid of all the high denominations, so when it did RV you wouldn't have to carry around a 25,000 note if you were an Iraqi. And I also agree with you 100% that they won't RV high, after doing some math I think .10 to .25 is about ballpark

[pudge]

Hey Pudge,

Are you member Xyzzy under a new screen name? Just curious...

By the way, my theories, maybes, and ifs hold just as much water as the RD theory which is also an if, maybe, chance, could be, someday, any day...just remember that!

No, seriously never heard of him or her. I've only been a member for about three weeks and have never posted anywhere or on any other forum in my life.

I kinda like it. But it's getting addicting.

You're a smart guy no doubt, enjoyed the debate

[speculatorsRIDE]

You cant compare the US to Iraq.....regardless of the fact of them both being fiat currency.....first off the USD is a reserve currency.....and thats the only reason why the dollar holds its value as it is today....we have an inflated money supply as well and it will catch up sooner or later....if you havent noticed, faith in the dollar is dropping and with the total amount out in circulation, the dollar would plummet if taken away from being a reserve currency....

Iraq on the other hand, they have no faith in the dinar....no one does...except us as speculators....you know why there is no faith in the dinar?? Because its inflated more so then the USD.....It will take years to gain any sort of faith in the dinar....but in order to do so, the inflated currency needs to be cut first....

Dont start whining please when all you did was hear a new line from your fav guru lol

Well this entire thread has been an interesting read to say the least. 20 milliondinar, I believe the sang is you can lead a horse to water but you can't make him drink. You are spot on in your assertions. Yes, lopsters, I get the whole RD thing to and it was explained well. I still don't see it happening yet.

keep what happens when the IQD becomes a reserve currency?

[20MillionDinar]

No, seriously never heard of him or her. I've only been a member for about three weeks and have never posted anywhere or on any other forum in my life.

I kinda like it. But it's getting addicting.

You're a smart guy no doubt, enjoyed the debate

OK, I was just wondering.

You are a smart guy as well, good debate.

Talk to you later Pudge.

Well this entire thread has been an interesting read to say the least. 20 milliondinar, I believe the sang is you can lead a horse to water but you can't make him drink. You are spot on in your assertions. Yes, lopsters, I get the whole RD thing to and it was explained well. I still don't see it happening yet.

keep what happens when the IQD becomes a reserve currency?

Thanks SpeculatorsRide,

You are right, when people have their minds set it is hard to let anything in... Always good to see you post!

I always enjoy a good debate

Some of you folks might remember this article:

ExxonMobil, BP, Eni Investing $100 Billion To Develop 3 Iraqi Fields - Official

Read more: http://dinarvets.com.../#ixzz1dMLcdR3i

So major OIL corporations are investing $100 Billion into Iraq in order to upgrade three oilfields. Now, if there is 60 trillion Dinar in circulation and then they lop to 60 Billion Dinars. Assuming the value is roughly 1:1 then Iraq's entire money supply is worth half of this one particular investment?

Regardless if they lop or not this ONE investment alone is worth almost twice as much as Iraq's entire economy! Does this make sense? Even if these 3 oilfields are currently pumping the majority of the 2.9 million barrels a day this would seem a little odd...

I personally feel that the value of Iraq's economy should be at least twice what it is now from just this one investment alone...

Edited November 11, 2011 by 20MillionDinar

[speculatorsRIDE]

No more weight should be given to the numbers being reported by the CBI then should be given to the numbers reported by the US Federal Reserve. The only numbers that will ever be given are those that make the rest of the figures work. Simply put, you will only see what the government wants you to see. If you can't wrap your mind around this premise then believe what ever you wish.

Iraq can and will RV at whatever rate they decide to. Shabbibi stated in Wyoming that he could RV at a rate of $12.00 and sustain it. The man is one of the most respected economists in the world. I will take what he says at face value. Each of you can make your own decisions on what you will or won't believe.

Arguing back and forth and trying to convince others is fools play. All we can do is sit back and see which way they decide to go with it. I guarantee you it will be which ever way will benefit Iraq the most. Other then that, there are no guarantees.

[20MillionDinar]

No more weight should be given to the numbers being reported by the CBI then should be given to the numbers reported by the US Federal Reserve. The only numbers that will ever be given are those that make the rest of the figures work. Simply put, you will only see what the government wants you to see. If you can't wrap your mind around this premise then believe what ever you wish.

Iraq can and will RV at whatever rate they decide to. Shabbibi stated in Wyoming that he could RV at a rate of $12.00 and sustain it. The man is one of the most respected economists in the world. I will take what he says at face value. Each of you can make your own decisions on what you will or won't believe.

Arguing back and forth and trying to convince others is fools play. All we can do is sit back and see which way they decide to go with it. I guarantee you it will be which ever way will benefit Iraq the most. Other then that, there are no guarantees.

Couldn't agree with you more SpeculatorsRide!

[Rossenbos]

Fiat currency is built on belief. Not on gold. Or oil. Or productivity.

No Sheeeet!

Of course all currencies are manipulated and you are helping manipulate it by believing in it. So you're part of the problem. America is approaching bankruptcy but Europes even closer thanks to Socialist governments

But the belief in one currency or another determines the currency value. The Dinar is not traded, the CBI does not want it traded nor is the rest of the world interested in the Dinar except for you and your ilk. My point is there is alot more belief in the dollar than the dinar. Comprende?

If you don't believe that Iraq's oil is the key to the future value of the Dinar then I'm afraid you're at odds with the rest of your community. But I'm with you on that one.

I can't even remember prep school

A second confirmation that I will not long interwact with you.

You are a condenscending person. Not nice at all. Phrases like "no sheet" and "Comprendre" are simply not meant to be nice.

You want to put people down.

I corrected you ( your earlier post was clearly based on text book realities without any real understanding) and you start to bully and smart ar$e me. Well, good on you mate. Waste your time here wasting other's people time.

There is quite some belief in the dinar. As there should be. The reason the value isn't going up is because it's kept artificially at this level.

Keep on being annoying...

Sayonara!

[caughtinthecrossfire]

I am curious as to why you keep referring to a lop being thrown in with a RD. A lop and a RD are the same thing. Granted there are different ways of RDing and lopping the ero's is not always part of it, but when saying lop, that would be a RD.

Spec...read ALL my posts besides this one...if you want my thoughts on LoP and RD...I was as crystal on why I dislike LoP term/use. I'm not interchanging them and from what I've understood after following our LoP section posts, a LoP was used to describe electronic values and not street currency...s'been alot on that topic so I'll let you do your home work there and feel free to correct me if I'm in error.

A good point: Confusing to have a LoP if it isn't a real thing.

All I can figure is because it has become the thing used to describe the imaginary state of the dinar value as opposed to it's printed form. The only way I have tried to bring up LoP is to point out just how confusing that term/tool(?) is with the whole "dropping zeroes" Shabs talk...and...as always in my opinion....

If we have a tool called RD then there is NO need for the other...and Iraq has all it needs to impliment that quickly.

But again, go to my profile, pull up all my posts. You'll see just how confusing I think it is, already. Or better yet, just look at my reply under this subject closer. My point here was that both are being used to predict the same event. If LoP isn't real...why have a section for it. If we have a very well known tool called RD...why haven't they used it ALREADY when inflation was lower and more stable....much much earlier. Please take time to read my thoughts on that as well.

"This I completely agree with. I watched from Jan-June and the rate of inflation versus what all the lop talk gave as reasons a lop would take place. I've seen lop and rd so interchanged it's making my head spin when it only makes sense to do ONE or the OTHER...when they are both. Sigh...I swear it's like ping pong."

Read more: http://dinarvets.com...0#ixzz1dMWzQcIF

But watever...if you have something to say, please...just say it? I've had a very long AnP Lab AND lecture day...so I'm not exactly feeling too friendly or insightfull right now. I hope I took your question the wrong way and you weren't meaning it rude. Appologies to you if I come off the same.

Either way, hope this helps.

[Rossenbos]

You cant compare the US to Iraq.....regardless of the fact of them both being fiat currency.....first off the USD is a reserve currency.....and thats the only reason why the dollar holds its value as it is today....we have an inflated money supply as well and it will catch up sooner or later....if you havent noticed, faith in the dollar is dropping and with the total amount out in circulation, the dollar would plummet if taken away from being a reserve currency....

Dont start whining please when all you did was hear a new line from your fav guru lol

Sorry I don't get the last comment... Am I whining? Who is my fave guru?? What are you smoking? Do you lol as a result of this lame comment?

You miss your own point man!

Look what you wrote: first off the USD is a reserve currency

Think about it. What does this mean.

We have all decided that our currency is backed by the US$????????

Which is backed by what? Nothing :-).

Can't you see the scam? The illusion?

Please don't tell me I'm alone in this...

This is why I say that you believe in text book fairytales.

You repeat all this stuff as if it's true. Check out the wizard behind the curtain, keep!

I know you are a smart bloke ( sometimes a smart-ar$e) but the US $ being a reserve currency is the BIGGEST fraude of the Millenium.

Bloody hell.... It's based on air. On belief. On lies.... WAKE UP!

[caughtinthecrossfire]

Sorry I don't get the last comment... Am I whining? Who is my fave guru?? What are you smoking? Do you lol as a result of this lame comment?

We have all decided that our currency is backed by the US$????????

Which is backed by what? Nothing :-).

Can't you see the scam? The illusion?

Please don't tell me I'm alone in this...

Well...last I looked, I understand your point to be, potentially, extremely true. Can anyone please tell me when the last physical audit of our "gold reserves" was carried out? (crickets......crickets.....stillcrickets)

"Backed by what?" is a valid question until that riddle is solved. I'll be waiting for the link.

And sorry, Keep...couldn't resist that one...

[speculatorsRIDE]

Spec...read ALL my posts besides this one...if you want my thoughts on LoP and RD...I was as crystal on why I dislike LoP term/use. I'm not interchanging them and from what I've understood after following our LoP section posts, a LoP was used to describe electronic values and not street currency...s'been alot on that topic so I'll let you do your home work there and feel free to correct me if I'm in error.

A good point: Confusing to have a LoP if it isn't a real thing.

All I can figure is because it has become the thing used to describe the imaginary state of the dinar value as opposed to it's printed form. The only way I have tried to bring up LoP is to point out just how confusing that term/tool(?) is with the whole "dropping zeroes" Shabs talk...and...as always in my opinion....

If we have a tool called RD then there is NO need for the other...and Iraq has all it needs to impliment that quickly.

But again, go to my profile, pull up all my posts. You'll see just how confusing I think it is, already. Or better yet, just look at my reply under this subject closer. My point here was that both are being used to predict the same event. If LoP isn't real...why have a section for it. If we have a very well known tool called RD...why haven't they used it ALREADY when inflation was lower and more stable....much much earlier. Please take time to read my thoughts on that as well.

"This I completely agree with. I watched from Jan-June and the rate of inflation versus what all the lop talk gave as reasons a lop would take place. I've seen lop and rd so interchanged it's making my head spin when it only makes sense to do ONE or the OTHER...when they are both. Sigh...I swear it's like ping pong."

Read more: http://dinarvets.com...0#ixzz1dMWzQcIF

But watever...if you have something to say, please...just say it? I've had a very long AnP Lab AND lecture day...so I'm not exactly feeling too friendly or insightfull right now. I hope I took your question the wrong way and you weren't meaning it rude. Appologies to you if I come off the same.

Either way, hope this helps.

Caught my apologies to you if my comment was construed as being rude. I certainly did not intend it to come across that way. I just noticed on a couple of threads that you stated that the lop and RD were 2 separate actions. I always assumed that they were one in the same and the words were interchangeable here in the dinar forums. While googling currency re-denomination brings up many links, googling currency lop only brings up links to threads on dinar forums. That is why I came to the conclusion that lop was a made up term by dinarians used when meaning a re-denomination because it was easier to type. Then when I saw you use it the way you did I was wondering if I had come to the wrong conclusion and perhaps lop and re-denomination had different meanings and was asking for your opinion on the subject. Nothing more then that Caught. Again my apologies if I came across as being rude.

IMO they haven't used the RD (lop) tool yet because they have no intentions of doing that. We will see a straight up RV. Then it will free float up from there. Read 20milliondinar's earlier posts as he has explained it well.

[caughtinthecrossfire]

Caught my apologies to you if my comment was construed as being rude........

Again my apologies if I came across as being rude.

IMO they haven't used the RD (lop) tool yet because they have no intentions of doing that. We will see a straight up RV. Then it will free float up from there. Read 20milliondinar's earlier posts as he has explained it well.

speculator, seems the appologies from me go to you as well. Thanks for getting back on that.

Yes, depending on the thread topic...I get confused...and sometimes a bit irritable, too. Again, it gets used alot when discussing "000" dropping.

I completely...ABSOLUTELY...agree with you on the "they have no intentions". One thing I've tried to follow on the LoP posts were the factors used to determine when an RD was appropirate. Maybe Keep is still lurkin' around and can answer that with some more meat and potatoes. I think I understand it to be best utilized in a country when inflation has been maintained(stable) over a period of time (a year? 6mths?) and indicators for the implementation would be a sudden/steady increase in the inflation being the trigger.

Anway, just watching how inflation has come down so far over the last several years...stayed relatively stable...and now, this year began creeping up...

Just seems that if it were Shab's master plan all along he would A. make sure officials/citizens were well informed and prepared, and B. just do it. All this talk about citizens having to pretend a 25000 note is just a 25 one...a bit redonkulous...especially if an RD handles that AND exchanges new currency they keep saying they'll have.

Again, I agree they have no intentions. I believe the only real beneficial action would be an RV. With a careful exchange rate, much dinar could be pulled from circulation and holders encouraged for expecting even higher value in time. In that respect...I do not think anyone knows the truth of how many are currently circulating.

Once more for clarity, my friend...THANK you for gettin back to me...and my apologies to you as well!

[dinarcimi]

WOW! I just wanted to say,, great thread with even greater opinions on this speculation. There are allot of topics to research from this thread. If fact there is more information in this thread than Adams last 2 chats, ( no offense Adam ). You all are smarter than you think concerning this investment and bring up very compelling arguments. IMHO any of the scenarios mentioned have a chance of happening. However if you read all of the news out of Iraq they have and keep saying RD over and over. Is it just smoke for the speculators or are they repeating the articles to educate the people of Iraq? IMO I think they are trying to educate the people.

Now as far as an RV goes, and I wish it would. Think about it from a business standpoint and what will benefit that business ( IRAQ ) the most? If Iraq was your business what would you do? Out of all the scenarios presented in here the one that makes the most business sense is to RD then RV and charge one helluva spread. But that is not what I think they will do. Personally I cannot say the actual outcome of this investment and nobody else can either. All we can do in the end is educate, speculate and just hope that whatever they do will favor everyone including all of us. Thanks to all of the sharp minds in here who have shared their opinion in this thread, awesome stuff.

Go Iraq! Go Dinarians! Go RV!

Edited November 11, 2011 by dinarcimi

[keepmwlknfny]

Sorry I don't get the last comment... Am I whining? Who is my fave guru?? What are you smoking? Do you lol as a result of this lame comment?

You miss your own point man!

Look what you wrote: first off the USD is a reserve currency

Think about it. What does this mean.

We have all decided that our currency is backed by the US$????????

Which is backed by what? Nothing :-).

Can't you see the scam? The illusion?

Please don't tell me I'm alone in this...

This is why I say that you believe in text book fairytales.

You repeat all this stuff as if it's true. Check out the wizard behind the curtain, keep!

I know you are a smart bloke ( sometimes a smart-ar$e) but the US $ being a reserve currency is the BIGGEST fraude of the Millenium.

Bloody hell.... It's based on air. On belief. On lies.... WAKE UP!

So seeing that a country like iraq needs to have something backing the value of their currency is a fairy tale? I think your not getting what I'm saying.....the ONLY reason the USD has value is because of the faith in it as a reserve currency and the use of it for purchasing oil globally......iraq cannot do that.....iraq cannot just come out of the blue and say their currency is worth 3 dollars cause they said so....there is no faith or confidence in the dinar period! So you cannot compare the two at all!!! Did you understand that this time?

[dinarcimi]

keep, I have to admit that I did not like your take on this but after allot of researching I gotta say, what you have written is pretty sound and very much a possibility. It makes sense to me at least. Nice job and thank you for the effort to get peeps to look at this from a different angle that does not include koolaid.

Go Iraq! Go Dinarians! Go RV!

Edited November 11, 2011 by dinarcimi

[keepmwlknfny]

keep, I have to admit that I did not like your take on this but after allot of researching I gotta say, what you have written is pretty sound and very much a possibility. It makes sense to me at least. Nice job and thank you for the effort to get peeps to look at this from a different angle that does not include koolaid.

Go Iraq! Go Dinarians! Go RV!

Thank you.....i dont like the dark side of it either but alot of it makes more sense unfortunately the more I dig into it....its definately opened my mind a little to understand how much of a guarantee this investment isent....

Keep, is that not basically what Saddam did? If I understand correctly Saddam had a figure of around $3 but it didn't mean much in the real world. Not exactly sure of the circumstances surrounding the Saddam era Dinar with the higher rate but maybe someone can explain it better.

He had a rate set that was not recognized on the black market i guess you could say.....

My point really was that even though most currencies are fiat currencies and faith plays a huge role in their value, Iraq is no where near this kind of position....we cant compare the USD to the dinar and how the USD isent backed by much of anything but you have to remember that if the dollar was taken away as a reserve currency, and was no longer used to purchase oil, it would drop like a anvil....the only thing propping it up is that fact that the global community still has faith in our dollar and uses it to back up their own currencies....

The dinar in the position it is, has no faith to back it....Iraq is not and has not been a stable country for decades and the world sees that.....as new to the game as Iraq is now, they have to work themselves back up to the top. The world would not just accept a rate of a couple bucks overnight from what it is now with it being so inflated.....so it just wouldnt work in this case....at least thats how I see it....they have to gain the confidence from the rest of the world to help it grow in value without just adding money to the reserves....they are concentrating on the reserves cause that is the one solid way to be able to let the dinar appreciate higher and they dont need the faith quite yet cause they are backing it 100%

[caughtinthecrossfire]

Thank you.....i dont like the dark side of it either but alot of it makes more sense unfortunately the more I dig into it....its definately opened my mind a little to understand how much of a guarantee this investment isent....

....we cant compare the USD to the dinar and how the USD isent backed by much of anything but you have to remember that if the dollar was taken away as a reserve currency, and was no longer used to purchase oil, it would drop like a anvil....

Hey, keep...hope u and the family are doin well!

By the way...over the last few weeks I've been hearing so much buzz about the N. Dakota sleepy town that isn't quite so sleepy anymore. The oil potential that's being mentioned all over the news/internet...is astounding. Crazy that less than a year ago, drilling in the U.S. didn't seem a likely move and that we'd be just as dependent on other oil producers as we seem to have been in the past.

I saw your line in this comment...and it's ringing very loud. How true? Time will tell. Depends on how succesful this new drilling technique is in N. Dakota. Gud stuff, as always, Keep! (I still say RV )

[Rossenbos]

So seeing that a country like iraq needs to have something backing the value of their currency is a fairy tale? I think your not getting what I'm saying.....the ONLY reason the USD has value is because of the faith in it as a reserve currency and the use of it for purchasing oil globally......iraq cannot do that.....iraq cannot just come out of the blue and say their currency is worth 3 dollars cause they said so....there is no faith or confidence in the dinar period! So you cannot compare the two at all!!! Did you understand that this time?

And here is again... Cynical Keep. The man who drove Bondlady out of Dodge City.

You don't need to be so sour, man.

I never said the two were comparable! You keep on defending points that aren't even in question.

I merely said, that you keep on using theories from textbooks as if that is the way the world works. Well, the world doesn't work that way.

The banking system is based on fraud. The powers that be are mostly the Central Bankers and their handlers.

They will do with the CBI what they want. The blablablabla you come with is merely noise. But you really believe it. And I'm trying to open your eyes for the real world.

Don't need to be such a Cheney!

[keepmwlknfny]

And here is again... Cynical Keep. The man who drove Bondlady out of Dodge City.

You don't need to be so sour, man.

I never said the two were comparable! You keep on defending points that aren't even in question.

I merely said, that you keep on using theories from textbooks as if that is the way the world works. Well, the world doesn't work that way.

The banking system is based on fraud. The powers that be are mostly the Central Bankers and their handlers.

They will do with the CBI what they want. The blablablabla you come with is merely noise. But you really believe it. And I'm trying to open your eyes for the real world.

Don't need to be such a Cheney!

BL isent a strong enough person to be posting information on internet forums....she gets all butt hurt whenever someone asks her a question on what she thinks.....sounds like a personal issue to me.....moving on....

Your starting points were to look at the US and how its backed by nothing compared to all the money in circulation and Im telling you that it doesnt matter in Iraqs case.....you will not see some fantastic rate being pulled out from Iraq that wont be backed by something because there is no faith in the dinar.....YOU made the point of it being a fiat currency....and if you wanna go that route about the dinar being a fiat currency, Im telling you that there is no faith in the dinar so you bringing up the whole idea of fiat currencies and how some like the USD arent really backed by much of anything is a moot point for Iraq and the dinar.....at this point they do need to back the value of their currency....

[speculatorsRIDE]

BL isent a strong enough person to be posting information on internet forums....she gets all butt hurt whenever someone asks her a question on what she thinks.....sounds like a personal issue to me.....moving on....

Your starting points were to look at the US and how its backed by nothing compared to all the money in circulation and Im telling you that it doesnt matter in Iraqs case.....you will not see some fantastic rate being pulled out from Iraq that wont be backed by something because there is no faith in the dinar.....YOU made the point of it being a fiat currency....and if you wanna go that route about the dinar being a fiat currency, Im telling you that there is no faith in the dinar so you bringing up the whole idea of fiat currencies and how some like the USD arent really backed by much of anything is a moot point for Iraq and the dinar.....at this point they do need to back the value of their currency....

isn't isn't spelled isent.......moving on.......lol