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Painterman7 says the Deletion of the zeros is an old time rumor
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Painterman7 says the Deletion of the zeros is an old time rumor
Painterman7
ONCE again, we have a statement here about the deletion of ZEROS for next year. This rumor has ALSO been around for at least the LAST four years. We heard four years ago, it was NEXT year, then next year came and we heard NEXT year and then NEXT year came and we heard NEXT year and then NEXT year came and NOW WE HEAR again, NEXT year. So, come NEXT year 2015, do NOT be surprised IF you hear NEXT year. With this RV it is ALWAYS NEXT year. At this rate, Jesus will return before it ever happens, then those truly saved and Born again, will care less. We shall be with the Master. amen
Ponee- Admin
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Re: Painterman7 says the Deletion of the zeros is an old time rumor
Once again dinarians show their inability to distinguish rumors from other types of information.
What the gurus say aren't rumors. They're lies. They have zero chance of being true. They're just making it up.
What the CBI says (intent to delete three zeros) isn't a rumor. That they want to do it (lop) is a fact. Whether or not they ever actually accomplish it is another story, but that doesn't mean their intent is a rumor.
What the gurus say aren't rumors. They're lies. They have zero chance of being true. They're just making it up.
What the CBI says (intent to delete three zeros) isn't a rumor. That they want to do it (lop) is a fact. Whether or not they ever actually accomplish it is another story, but that doesn't mean their intent is a rumor.
FS4Enthusiast- VIP Member
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Re: Painterman7 says the Deletion of the zeros is an old time rumor
He is correct ... we have heard this time and again from the Iraqi's. At this point, I'll believe it when I see something besides words.
Herein we see the biggest issue with any of this. We hear this and that from their news, yet it either never comes to pass, or is immediately contradicted. So is it real, or is it memorex?
Herein we see the biggest issue with any of this. We hear this and that from their news, yet it either never comes to pass, or is immediately contradicted. So is it real, or is it memorex?
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Kevind53- Super Moderator
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RV or LOP?
First of all, Iraq is NOT going to revalue its currency--no country has EVER done that or ever WILL do that. A country would go bankrupt if it RV'd its currrency.
Secondly, LOPing the zeros is a zero sum game. Everyone holding dinars would lose. Suppose you had ten 10,000 dinar notes and you paid $11 for each one of them for a total of $110--not including shipping and seller's commissions. Then the CBI lopped the zeros and each 10,000 dinar note would be worth 10 dinars. Your ten notes would be worth 100 dinar. What have you gained?
Secondly, LOPing the zeros is a zero sum game. Everyone holding dinars would lose. Suppose you had ten 10,000 dinar notes and you paid $11 for each one of them for a total of $110--not including shipping and seller's commissions. Then the CBI lopped the zeros and each 10,000 dinar note would be worth 10 dinars. Your ten notes would be worth 100 dinar. What have you gained?
Tonypresser- Guest
Re: Painterman7 says the Deletion of the zeros is an old time rumor
The way I look at loping the zeros is like a reverse stock split. You own 10 share at $1 per share. After a reverse split, you now own 1 share valued at $10. It's a wash....other than the commission and the problem of turning in the old currency for the new.
Ages ago I read something that said the currency we hold was never supposed to leave the country of Iraq. Anyone remember this?
Ages ago I read something that said the currency we hold was never supposed to leave the country of Iraq. Anyone remember this?
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Ssmith- GURU HUNTER
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Re: Painterman7 says the Deletion of the zeros is an old time rumor
Painterman7, "old rumor"? So is the "dinar revaluation".
Just sayin'.
Just sayin'.
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bigdaddytim- VIP Member
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