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SteveI the 50 and 100 notes are a temporary solution to curb the massive counterfeit problems and will not be a part of the final solution.
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SteveI the 50 and 100 notes are a temporary solution to curb the massive counterfeit problems and will not be a part of the final solution.
by Ponee Thu Jul 09, 2015 10:23 am
SteveI
[Can you comment on the 50k and 100k notes? Some articles say the introduction of these notes will coincide with the change in value while other articles are simply too confusing.]
Yes, the 50 and 100 notes are a temporary solution to curb the massive counterfeit problems and will not be a part of the final solution.
...I have not given up on this investment. After reading and knowing what is really going on, I believe in it more now than last year. ...[Guru] Millionday our CNN of the dinar world has done an excellent job keeping us informed with what is going on. Yes, it should have been done by now (changing value that is) but ISIL was not in the mix last year. Nobody predicted this one (thank Maliki for this this mess, so we let Iraq and the other countries deal with it and get this under control.
Huge progress has been made and they will continue making great progress. [Guru] Ray and I have talked...and believe we are on a sound and positive track. One other comment, there is not one scenario I can even come up with that would allow the vast assets (gold, oil and many others) of Iraq to maintain the value of their currency much longer and still claim to be a powerful country.
Yes they can continue with the oil dollars but that can only go on for so long. Iraq will get eaten up alive if this happens. So, this will not ever happen.
[Can you comment on the 50k and 100k notes? Some articles say the introduction of these notes will coincide with the change in value while other articles are simply too confusing.]
Yes, the 50 and 100 notes are a temporary solution to curb the massive counterfeit problems and will not be a part of the final solution.
...I have not given up on this investment. After reading and knowing what is really going on, I believe in it more now than last year. ...[Guru] Millionday our CNN of the dinar world has done an excellent job keeping us informed with what is going on. Yes, it should have been done by now (changing value that is) but ISIL was not in the mix last year. Nobody predicted this one (thank Maliki for this this mess, so we let Iraq and the other countries deal with it and get this under control.
Huge progress has been made and they will continue making great progress. [Guru] Ray and I have talked...and believe we are on a sound and positive track. One other comment, there is not one scenario I can even come up with that would allow the vast assets (gold, oil and many others) of Iraq to maintain the value of their currency much longer and still claim to be a powerful country.
Yes they can continue with the oil dollars but that can only go on for so long. Iraq will get eaten up alive if this happens. So, this will not ever happen.
Last edited by Ponee on Fri Jul 10, 2015 6:43 am; edited 1 time in total
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Re: SteveI the 50 and 100 notes are a temporary solution to curb the massive counterfeit problems and will not be a part of the final solution.
by Kevind53 Thu Jul 09, 2015 4:51 pm
Dollar day has done a good job of misinforming us, and twisting every little tidbit to mean RV, but that's about it.
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