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Breitling: "...well if they’re going to lop and pretend there are three zeros missing then they don’t need to print more currency do they" DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Breitling: "...well if they’re going to lop and pretend there are three zeros missing then they don’t need to print more currency do they"

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Breitling: "...well if they’re going to lop and pretend there are three zeros missing then they don’t need to print more currency do they" Empty Breitling: "...well if they’re going to lop and pretend there are three zeros missing then they don’t need to print more currency do they"

Post by RamblerNash on Thu Dec 13, 2018 10:50 pm

Breitling  



Questions:  “A LOP.  What the heck does that mean and why we don’t see it as being a real possibility?  By definition a lop is taking the zeros off the notes and pretending they’re not there and using the same notes.  It’s funny that someone says it’s going to be a lop and at the same time talks about other notes being printed…well if they’re going to lop and pretend there are three zeros missing then they don’t need to print more currency do they.  So it doesn’t fit…here’s the thing…

There has been countries that have taken zeros off their currency and then the currency gains value later on down the road.  So let’s say they do do a LOP on the currency you and I have.  That doesn’t take it out of play to revalue.  Worse case scenario let’s say it did LOP it will still gain value so it’s never been a threat to me at all.  If you look at the definition of these countries on how they lopped and what their economy was at and what they were trying to do was completely different than Iraq.  Remember the Iraqi dinar is not at a real market rate.  It’s completely manipulated.  They can do anything they want with it but their intent from the CBI is to add value to it


12/13/18
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Breitling: "...well if they’re going to lop and pretend there are three zeros missing then they don’t need to print more currency do they" Empty Re: Breitling: "...well if they’re going to lop and pretend there are three zeros missing then they don’t need to print more currency do they"

Post by Sam I Am on Fri Dec 14, 2018 2:39 am

Breitling is completely misrepresenting the concept of a lop. The term "lop" is slang in the dinar world for removing, cutting, or "lopping" zeros off the currency. In a lop, a redenomination takes place where the currency in use is replaced by a new currency with fewer zeros on the notes and a proportionate reduction in the money supply. The replacement currency has a much higher value but no more net purchasing power. The old currency retains its old purchasing power until it is phased out. Also, most of the time the replacement currency loses value after it goes into circulation because the economic conditions that led to the old currency's loss in value are still somewhat in effect. Breitling is right about one thing though. The IQD is not at its market rate. If it was the value would be even lower. This guy is a lying dinar douchebag.
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