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Guru chattels  says -- The persistent debate regarding "lop" or "float" or "RV" have become tedious. DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Guru chattels says -- The persistent debate regarding "lop" or "float" or "RV" have become tedious.

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Guru chattels  says -- The persistent debate regarding "lop" or "float" or "RV" have become tedious. Empty Guru chattels says -- The persistent debate regarding "lop" or "float" or "RV" have become tedious.

Post by Ponee on Thu Sep 05, 2019 8:44 pm

Guru chattels  


 ["which way you think this will pan out, do they delete our 3 zeros from the 25k note and we break even or do they delete the 3 zeros from the exchange rate that being 0.00084? then it would be 0.84 and let market forces take over?"]  


   I do not know. I have always argued/ allowed for the possibility of a "lop". 


 It is a recurrent notion, indeed there will be rumors and the possibility of a "lop" until there is a definitive event of some type, eh?  The persistent debate regarding "lop" or "float" or "RV" have become tedious. I am invested and will stay the course at this point for better or worse.

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Guru chattels  says -- The persistent debate regarding "lop" or "float" or "RV" have become tedious. Empty Re: Guru chattels says -- The persistent debate regarding "lop" or "float" or "RV" have become tedious.

Post by orsumone on Thu Sep 05, 2019 11:33 pm

My understanding regarding the meaning of "delete the 3 zeros" is that the CBI intend to "remove" or "withdraw" all older 3 zero notes from general circulation.
But they cannot do that until the value of the IQD is increased, which in turn gives value to the new, lower denomination notes.
The rumor that a "lop" is a possibility makes no sense whatsoever & therefore, is just exactly that, a great big rumor!!

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Guru chattels  says -- The persistent debate regarding "lop" or "float" or "RV" have become tedious. Empty Re: Guru chattels says -- The persistent debate regarding "lop" or "float" or "RV" have become tedious.

Post by Sam I Am on Sat Sep 07, 2019 8:00 pm

Deleting the 3 zeros has nothing to do with removing the older 3 zero notes.  If it did then you would have to conclude that the 50K and 10K notes (which have 4 zeros) will remain in circulation after this theoretical RV occurs, meaning that Iraq would have notes worth tens of thousands of dollars in circulation.  That interpretation was started by gurus after the CBI started talking about removing the 3 zero notes.  They wanted to keep the faithful on board by interpreting everything as RV.

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