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Enorrste feels that DELETE THE ZEROS means -- "remove the large notes from circulation."...  I_icon_minitimeYesterday at 6:02 am by Ditartyn

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Enorrste feels that DELETE THE ZEROS means -- "remove the large notes from circulation."...  I_icon_minitimeSat Mar 23, 2024 9:25 am by swizzlestick

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Enorrste feels that DELETE THE ZEROS means -- "remove the large notes from circulation."...  I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

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Enorrste feels that DELETE THE ZEROS means -- "remove the large notes from circulation."...  I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

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Enorrste feels that DELETE THE ZEROS means -- "remove the large notes from circulation."...  I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

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Enorrste feels that DELETE THE ZEROS means -- "remove the large notes from circulation."...  I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

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Enorrste feels that DELETE THE ZEROS means -- "remove the large notes from circulation."...  I_icon_minitimeMon Jan 29, 2024 6:13 pm by kenlej

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Enorrste feels that DELETE THE ZEROS means -- "remove the large notes from circulation."...  I_icon_minitimeSun Jan 28, 2024 3:28 pm by Mission1st

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» Why Won't the Iraqi Dinar Scam Die?
Enorrste feels that DELETE THE ZEROS means -- "remove the large notes from circulation."...  I_icon_minitimeWed Jan 17, 2024 5:19 pm by RamblerNash

Enorrste feels that DELETE THE ZEROS means -- "remove the large notes from circulation."...

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Post by Ponee Fri Jan 24, 2014 8:54 am

1-24-2014 Newshound Guru Enorrste


On the other hand, if, as the IMF has recommended...the dinar is allowed to "gradually rise in value" over time, then the issuance of smaller denominated notes would occur gradually, with small ones coming out as the value rose. By no coersion, then, but rather by choice, people in Iraq would trade in their large notes for the smaller ones as the large notes became more and more valuable, thereby limiting their own security risk exposure.

      Finally...I have never found a single article from the CBI or the IMF that equates "delete the zeros" to the idea of "move the decimal point." Instead, the statements overwhelmingly come out to mean "remove the large notes from circulation."...

   If they waited until 1 dinar equaled about $1 before issuing any new currency...then there would be 25000 dinar notes, worth close to $25000 a piece, floating around the country just prior to the issuance of the new currency. This does not seem practical, logical, or safe, to me. Of course it is theoretically possible that they could RV at $.86 to 1 dinar and then give, say, 30 days for people to turn in their large notes.

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Enorrste feels that DELETE THE ZEROS means -- "remove the large notes from circulation."...  Empty Re: Enorrste feels that DELETE THE ZEROS means -- "remove the large notes from circulation."...

Post by Guest Fri Jan 24, 2014 9:34 am

Full of S*** there pal !
Deletion of zeros = LOP

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Post by Kevind53 Fri Jan 24, 2014 6:22 pm

Maybe, maybe not ... time will tell ...

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