Cornelius asks "How is it a scam when you can get your money back at any time?"

by **RamblerNash** Thu Apr 27, 2017 1:10 pm

Cornelius

How is it a scam when you can get your money back at any time?

Sell it to a dealer or on ebay etc…

It sounds like a lottery ticket that never expires and you can get your money back once/if you tire of the investment.

With that logic, the dollar would be the biggest scam in the world because we are printing 65 billion of them per month. The dollar loses value every day due to inflation. gas was a dollar a gallon less than 15 years ago!

I do not know what your definition of scam is… But when I can get my money back whenever I want because it is a countries actual currency AND have a slight chance of making a pretty buck…that is not a scam.

March 11, 2014 at 6:23 pm

John Richardson

“How is it a scam when you can get your money back at any time?”

You won’t GET 100% of your money back at any time. The scam is precisely in selling $860 of banknotes for $1,050 (an instant 20% loss) plus another 10% loss on Ebay costs / “buy back”, which you are only buying on the false promise of stupid +1,000,000% rates of return, on the back of deliberate lies told about Iraq’s planned redenomination no different to Venezuela’s back in 2008…

Here’s a better question : If the Dinar was going to shoot up 3,500x, why are the Dinar sellers selling them TO YOU for 20% profit instead of keeping them for +1,000,000% thselves which is “imminent”, “this week”, every week since 2003. LOL.

Comparisons to lottery tickets are utterly deluded since with lotteries there’s an actual prize comprised of the value of lottery tickets, but when Iraq even redenominates and swaps 85tn Dinar @ 1166:1 for 85bn Dinar @ 1.166:1, you’re going to look very foolish indeed when you hand in your 25,000 Dinar note @ 1166:1 (worth $21.44) and are given a 25 Dinar note back @ 1.166:1 (worth same $21.44) and start screaming “WHERE’S MY MISSING MILLIONS!”. LOL.

March 12, 2014 at 10:11 am