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Kaperoni: "As stated in numerous articles going back years it could take two to three years to delete the zeros"

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Kaperoni: "As stated in numerous articles going back years it could take two to three years to delete the zeros"

Post by RamblerNash on Mon Oct 08, 2018 1:40 am

Kaperoni   



...there is no overnight event.  Never will be.  I guess all i can do is keep educating.  If for no other reason people should understand the CBI would never spend the money to replace the currency unless they expected it to be in circulation for a while.  That in itself tells you there is no single overnight RV RI going to happen...I do fully expect the dinar to go up in value, but not overnight. As stated in numerous articles going back years it could take two to three years to delete the zeros. In other words it's a gradual appreciation over time. The good news is I do expect it to start soon. Because Iraq needs to move out of Article XIV and into Article VIII to send a message to investors and the global financial system that they are open for business and as a result of that transition will need to float the currency...as the dinar gradually rises in value over time more emphasis will be on lower notes so having quality notes in circulation supports that.


10/6/18
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Re: Kaperoni: "As stated in numerous articles going back years it could take two to three years to delete the zeros"

Post by Sam I Am on Mon Oct 08, 2018 5:49 am

It will take two to three years to bring in the IQD notes once they issue the currency that replaces it, but that doesn't mean that the IQD will increase in value.  This is a lop, Kap.  And you know it!  You admitted that to me 5 or 6 years ago.

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