Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."


Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

sandyf: "...the most probable date would be 1st January 2021" DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap

sandyf: "...the most probable date would be 1st January 2021"

Post new topic   Reply to topic

Go down

sandyf: "...the most probable date would be 1st January 2021" Empty sandyf: "...the most probable date would be 1st January 2021"

Post by RamblerNash on Sun Nov 25, 2018 2:27 pm

sandyf: There are many factors regarding a redenomination that many would choose to ignore. Despite what many would have you believe, a report in 2009 concluded that successful redenominations only occurred in countries with low inflation, in those with high inflation the problem only got worse, Zimbabwe being an obvious example.
Redenominations are complex and as they affect the national currency are outside the scope of the central bank and in the case of Iraq would require a Bill to go through parliament, months at least. 
Redenominations are a public event and require a new currency to be introduced, ISO would normally issue the new code about 4 months before introduction. As a new code is to become the base currency in the accounting systems, software vendors are given targets to have the upgrades implemented and tested. A new set of accounts need to be created in the new base currency and then at the changeover, all existing accounts are reconciled and transferred to the new accounts at the new rate.
Preparation for a redenomination is usually in the range 12 to 18 months prior to the preferred dates of Jan 1st and July 1st. Should Iraq decide to procede with a redenomination during the next parliament then the most probable date would be 1st January 2021.
Over the years many, for ulterior motives, have tried to put a different interpretation on "delete the 3 zeros" but ignoring the Iraqi government is effectively putting your head in the sand. At the end of the day it is each to his own.
RamblerNash
RamblerNash
GURU HUNTER
GURU HUNTER

Posts : 15265
Join date : 2015-02-19

View user profile

Back to top Go down

sandyf: "...the most probable date would be 1st January 2021" Empty Re: sandyf: "...the most probable date would be 1st January 2021"

Post by Ethel Biscuit on Sun Nov 25, 2018 3:37 pm

1st January 2021?

How about...



*****************
picking  "Scum" - Sue Winters
Ethel Biscuit
Ethel Biscuit
VIP Member
VIP Member

Posts : 1441
Join date : 2016-04-08
Location : This other Eden

View user profile

Back to top Go down

sandyf: "...the most probable date would be 1st January 2021" Empty Re: sandyf: "...the most probable date would be 1st January 2021"

Post by oldmanskull on Sun Nov 25, 2018 5:25 pm

great music / the good old days

oldmanskull
Active Member
Active Member

Posts : 26
Join date : 2011-07-24

View user profile

Back to top Go down

sandyf: "...the most probable date would be 1st January 2021" Empty Re: sandyf: "...the most probable date would be 1st January 2021"

Post by Kevind53 on Mon Dec 03, 2018 1:47 am

Yep, well Black Friday is past, to Jan 1st would be the next pooroo drop dead rate, just like 2017, 2016, 2015, 2014, 2013 .....

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 sandyf: "...the most probable date would be 1st January 2021" 2805820865  sandyf: "...the most probable date would be 1st January 2021" 2805820865  sandyf: "...the most probable date would be 1st January 2021" 2805820865  sandyf: "...the most probable date would be 1st January 2021" 2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27191
Join date : 2011-08-09
Age : 19
Location : Umm right here!

View user profile

Back to top Go down

sandyf: "...the most probable date would be 1st January 2021" Empty Re: sandyf: "...the most probable date would be 1st January 2021"

Post by chadao on Mon Dec 10, 2018 6:36 am

I don't really think they going to increase their money value. Let's be honest. Every single time Iraq introduce new dinar example the 50k dinar and the latest 25k and 1k Dinar , it doesnt took more than 1 week before the new dinar starting selling in my country. And you guys really believe they recollect almost 2/3 of their circulated money? In your dreams really. If this thing drag more than 2 years , I believe they use the same method as EGYPT does. ISIS only exist because of 2 reason , Iran and poor. Nobody would actually give a damn about joining ISIS if your people are wealth and prosperous. You cant reconstruct your country if you don't have strong currency. Imagine other country came to iraq to build facility and homes only to get killed and bombs by ISIS. Who would volunteer go iraq to work just to get killed. I don't actually see a hope in iraq even after 5 years. How does anyone of you still think there's a hope in iraq when they need almost 1 year to complete their election saga. GG

chadao
New Member
New Member

Posts : 4
Join date : 2018-12-10

View user profile

Back to top Go down

Back to top


 
Permissions in this forum:
You can reply to topics in this forum