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SEDNET1 says-There will be no deletion of ZEROS! PERIOD! Anyone willing to debate that?
Sednet1 -- I have HAD IT, with truly uninformed people continuing to refer to the "deletion of zeros" THERE WILL BE NO DELETION OF ZEROS!
Aside from the fact that one cannot "erase" anything from a printed document representing currency.
The ONLY thing that is going to happen is "collection" from circulation, and elimination from circulation of the larger denomination Dinar. NOTHING MORE! For those who are as intelligent and as aware as those who live in Yurba Linda, Ca. The USA USED to have extremely large denom notes as well, up to $100,000!!!! Also 10K 5K 1K and $500 notes. WHY? They were used primarily for inter-bank transfers! Why? because the freaking internet, not even reliable telegraph services even existed! Once those technologies were proven to be reliable, and SECURE the need for the larger denomination USD notes was eliminated!
IF you were fortunate to still have in your possession a $1000 USD note, Guess what? It is still worth $1000! (Actually prolly a lot more to a collector)
SO, The 25K, 10K 5K and more than likely the 1K Dinar will be removed from circulation. (eventually) Why? well, even IF the Dinar were to RV @ $3.50 (just an example) There is a real good probability that one will NOT be able to go to 7-11, or StarBucks, or anyplace else, order a few hundred latte's and EXPECT CHANGE!
There fore: If and unless Iraq physically removes from circulation, and then declares them "INVALID" or no longer usable currency. (Which they can, IT IS THEIR CURRENCY! ) There will be no deletion of ZEROS! PERIOD! Anyone willing to debate that?
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Join date : 2011-08-09
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