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 Breitling: "In other words if you go down to buy a coke or candy bar…"

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RamblerNash
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PostSubject: Breitling: "In other words if you go down to buy a coke or candy bar…"   Tue Aug 28, 2018 10:42 pm

Breitling  



We alway get this question, “One day it’s going to revalue in Iraq and all these Iraqis are going to be instant millionaires…” Its’ doesn’t work that waywhat happens is that you and I used the US dollar to purchase the currency…at a tenth of a penny.  The Iraqi’s were given that currency.  So the market inside Iraq reflects that tenth of a penny.  In other words if you go down to buy a coke or candy bar…it’s based on an economy based on a tenth of a penny.  What do you thinks going to happen when the value of the Iraqi dinar goes up to a buck?

...Do you think the coke and the candy bar are gong to stay at a tenth of a penny?  Yeah, then they would be millionaires inside of Iraq.  But it’s not.  The coke and the candy bar are now going to be worth a US dollar.  So they don’t gain like you and I gain.  We bet with the US dollar and they did not…Price of real estate, prices of goods and services, the labor force, everything will follow the value.  For some reason people confuse that.  You and I bought at a tenth of a penny out of a US dollar.  So that is where we get our gains...


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PostSubject: Re: Breitling: "In other words if you go down to buy a coke or candy bar…"   Wed Aug 29, 2018 2:29 am

That's idiotic, even for Breitling.  Nobody in Iraq is buying a candy bar for 1/10 of a penny.  If they could do that they would buy them in bulk and ship them to another country and get rich.  The coke and candy bar are worth $1 already, and it takes 1190 dinar to buy them.  After they redenominate (remove the three zeros) they will be able to buy them for 1.19 of the new dinar.  What a blithering moron.

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PostSubject: Re: Breitling: "In other words if you go down to buy a coke or candy bar…"   Thu Aug 30, 2018 12:13 am

I think he's half past blithering ...

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PostSubject: Re: Breitling: "In other words if you go down to buy a coke or candy bar…"   Thu Aug 30, 2018 10:19 am

An Rved dinar is an RVed dinar....whether it is purchased or in their pocket.  They would still be able to exchange it for the so called, RVed, dinar to dollar amount, and be rich if they were to exchang it for USD. They would be RICH by the same standard dinarians would supposedly be if there was an RV. GEESH, where do these people come up with this? 

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