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 LOP? Nope

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SoldOutGotOut
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PostSubject: Re: LOP? Nope   Mon Dec 21, 2015 9:47 pm

@GypZ wrote:
PS ,, I DONT CARE IF I LOOSE WHY SHOULD YOU CARE ?????SOLDOUTGOTOUT??? ..YOU LIVE YOUR LIFE ILL LIVE MINE.....!!! DONT CRY TO ME ARGENTINA!!!!

I don't care if you lose.

My post was written for people wanting the truth about IQD which you apparently do not want.

I have no sympathy for people who don't want to hear the truth.
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ReapAndSow73
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PostSubject: Re: LOP? Nope   Sun Dec 27, 2015 8:38 pm

@GypZ wrote:
YOU WRITE TOO MUCH AND IM NOT GOING TO READ ALL THAT ? MAKE IT SHORT AND TO THE POINT FOR BETTER IMPACT!LONG DRAWN OUT ARTICLES BORE ME!

Short & sweet - an RV is a mathematical impossibility, Iraq's M1 is 90 Trillion, and cannot RV.  The will redenominate, and the IQD you hold will not increase in value in any way, shape or form.

Kuwait never RV'd, China never RV'd, Germany never RV'd, and Iraq won't RV either.
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PostSubject: Re: LOP? Nope   Sat Feb 13, 2016 12:51 pm

The current instability leads me to think Iraq will delay doing a redenomination for a few years.  In the past they have talked about having a very long dual currency period (where both old and new are accepted and you get change in the new so it slowly replaces the old).    Such a long period might allow an opportunity for foreign IQD holders to exchange, but hard to say.  However I think the new danger is that with ISIS having stolen IQD from banks in towns they have overrun, Iraq might want to have a much shorter dual currency period to try and not let whoever ends up with this stolen currency to exchange it.  That would make it very much harder for dealers to find some path to exchange IQD outside of the country.  If/when Iraq does an RD, the price for IQD will certainly go down, but the question is will you be able to exchange at all?  I don't know, but while ISIS has likely delayed the execution of an RD, they may also have changed its parameters when if finally does happen.  So just consider that.  My recommendation would be to get what ever you can now, but of course up to you.

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"Now my own suspicion is that the Universe is not only queerer than we suppose, but queerer than we can suppose." J.B.S. Haldane 1927
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PostSubject: Re: LOP? Nope   Mon Apr 04, 2016 2:41 pm

The are NO plans for issuing an IQX currency in Iraq. The people here say that was a Gulf Currency idea and that was shot down.  Iraqi's want the notes that hey are used to.  They are just weaning off the USD now.   This will be a nice place again soon, but it's just too damn HOT!.
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PostSubject: Re: LOP? Nope   Sat Apr 09, 2016 4:02 pm

@Connie358 wrote:
The are NO plans for issuing an IQX currency in Iraq. The people here say that was a Gulf Currency idea and that was shot down.  Iraqi's want the notes that hey are used to.  They are just weaning off the USD now.   This will be a nice place again soon, but it's just too damn HOT!.
Not sure what you mean by this.  Certainly CBI officials have for years issued statements discussing the idea of a redenomination (if that is what you mean by issuing an IQX currency).  It doesn't really change anything for Iraq other than not having to carry around the extra 000's on ledgers etc.  The economy can work fine either way.  So I would agree that there is no plan set in motion at present (at least that has been announced)  but they could easily do so in the fairy near (couple years) future.
Having a Gulf currency seems very unlikely to me as there is far to much strife between the players.  The EU has had a hard enough time with the Euro and they all are pretty friendly.

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PostSubject: Re: LOP? Nope   Sat Jun 18, 2016 10:14 pm

Iraqis don't adjust to change very well. They are impatient as hell and don't do ANYTHING until the very last minute and their hobby is arguing!!. Iraq is a magical place full of history and unusual locations if you ignore the CONSTANT complaining.
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