MED's CHAT 11/24/11 11pm ct (50 Dinar Note Discussion)

by **ADMIN** Fri Nov 25, 2011 10:21 am

Med says to (00:08:23):
YOU KNOW
I WAS READING THE ARTICLE
ON THE 50 DINAR NOTE
BEING WORTH WHAT 50K NOW IS WORTH
FOR SOME REASON
IT IS SCREWY
FIRST IT IS NOT GOING TO BE A LARGE DENOM
ACCORDING TO THE ARTICLE
JUST 50 DINAR

rowboat says to (00:10:22):
i was waiting for you to clear it up

Med says to (00:10:28):
BUT WORTH $43 BUCKS
WHICH IS PRETTY MUCH THE RAISING OF THE ZERO'S
OFF THE NOMINAL VALUE
BUT WHY MAKE A BIG DEAL OUT OF IT
THEY HAVE A 50 DINAR NOTE NOW
IT TO ME CONFUSED MORE
THE SITUATION
ALL THEY HAD TO DO
IS SAY
THESE ARE THE DENOMS
THEY WILL GO UP TO 50
BUT
THEY ALSO MENTION A NOTE BEING WORTH 100
I THINK
I HAVE IT FIGURED OUT NOW
AND WHY THE 50 DINAR WAS ONLY BROUGHT UP
NOW THAT I REALIZE WHAT HAPPENED
AND WHY THEN CBI EXPLAINED ONLY THE ONE NOTE
THINK ABOUT IT
FIRST THE NEWS LEAKED ABOUT A LARGE DENOM
WORTH X AMOUNT
WHAT THIS WAS
WAS AN EXPLANATION THAT IT IS NOT A 50K NOTE
BUT THAT ONE OF THE NEW DENOMS
WILL BE A 50D
AND IT WILL BE WORTH
THE CURRENT EQUIVALENT
OF 50,000 DINAR TOTAL
IF THEY HAD ONLY DISCUSSED
A NEW 20K NOTE
OR 100K NOTE
THEN THEY WOULD HAVE ONLY ADDRESSED THAT
THAT THE NEW NOTES WILL EQUAL THIS AMOUNT BASED ON CURRENT RATE
ALL IT IS
IS THE REMOVAL OF ZERO'S FROM THE NOMINAL VALUE
NOTHING MORE
THEY GAVE OUT THE NEW RATE OF EXCHANGE
BUT DIDNT GO INTO THAT IT WOULD BE THIS RATE FOR EVERY NEW DENOM
WHICH IS A GIMME
WHAT THEY DID WAS EXPLAIN
THERE IS NO MORE LARGE DENOMS
BEING PRINTED
BUT THE NEW SMALLER ONES
WILL HAVE A HIGHER VALUE
AS IF
YOU HAD CARRIED A LARGE ONE
DO YOU UNDERSTAND NOW

ladyinwaiting says to (00:25:04):
that makes alot of since, thank you Med

Med says to (00:25:09):
YW
HI THERE LADYINWAITING
WELL HAPPY THANKSGIVING