Latest topics
Iraq's Points of Great Stride. Iraq's Dinar is doing great.--Why would they LOP?
4 posters
Page 1 of 1
Iraq's Points of Great Stride. Iraq's Dinar is doing great.--Why would they LOP?
POSTED BY WayneC777
Iraq's Points of Great Stride. Iraq's Dinar is doing great.
Iraq's Points of Great Stride. Iraq's Dinar is doing great.
- JUNE 15 … There is a rule, if they are going to LOP they need to PR it six months before it happens. June 15 is six months before December 31 2010.
SO! … It is appearing, if they DO NOT come out with a PR stating a LOP by June 16, 2010, then we are going into 2011 with our currency, this is, if we have any left because of the RV. - Iraq "IS 80+% Debt Free" ... WHY WOULD THEY LOP ...
- Iraq's Dinar "WILL BE" Globally recognized as Iraq’s Currency by the first Quarter of 2010, And it IS ... WHY WOULD THEY LOP ...
- The bank spends $1 billion to $1.5 billion every month in oil revenue to buy Iraqi dinars on the open market, said Mudher M. Salih Kasim, senior adviser to the bank. ... WHY WOULD THEY LOP ...
- December 15th 2008, Iraq bought back 282.5 billion dinar ... WHY WOULD THEY LOP ...
- 70% IQD liquids removed ... 24 trillion out of 28 trillion from Circulation ... WHY WOULD THEY LOP ...
- Inflation is the lowest in 17 Years and Iraq went from 74% down to
14%13.6%... 3%...A Major Plus ... WHY WOULD THEY LOP ... - Out of "ALL" the Countries that LOP'ed, the Smallest percentage from a Country that had to LOP was 125% ... WHY WOULD THEY LOP ...
- The U.S. Federal Reserve (A Private Company) did in fact exchange 7.5 Trillion IQD for $5 Billion USD to accumulate $100 Million per year in Interest via U.S. Treasury Bills for Iraq. ... WHY WOULD THEY LOP ...
- Iraq is under Contract to buy a fleet of 55 new Boeing 737s, 777s and 787s which were not due to arrive until 2013.- How would they buy them at their current Dinar Value ? ? ? ...... Revalue ... WHY WOULD THEY LOP ...
- They have to buy 5 Oil Tankers - How would they buy them at their current Dinar Value ? ? ? ...... Revalue ... WHY WOULD THEY LOP ...
- IRD is the most secured currency in the world from fraud. ... WHY WOULD THEY LOP ...
- IRD is new, and the only currency in Iraq ... WHY WOULD THEY LOP ...
- IRD has increased in value since 2003. From 2000.00 to current 1170.00
- They said in 2008 they are to revalue the currency, but they can not because they need to get through options ... they are looking to drop 3 zeros ... WHY WOULD THEY LOP ...
- We American's take our Dinar and tun it in and it ends up at the Fed's. The US Fed now destroys the Currency per Iraq's agreement. Now Iraq owes US Fed's credit for that Dinar we exchange, But instead of recieving the Credit back in cash, Iraq gives the Credit back in Black Gold (Oil) instead That is how the total MO is reduced without general procedures, amung many other ways. How many more ways can they reduce the MO this way, THAT IS A LOT ... WHY WOULD THEY LOP ...
- Iraq became a SOVERIGN NATION on 1/1/09 ... WHY WOULD THEY LOP ...
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Iraq's Points of Great Stride. Iraq's Dinar is doing great.--Why would they LOP?
That'a HIS opinion-We're all still here, aren't we?
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
Re: Iraq's Points of Great Stride. Iraq's Dinar is doing great.--Why would they LOP?
Why would they LOP? That's what countries do AFTER they get the economy under control! A better question might be if they have things going good for them now and the economy doing well then why would they want to continue living with the effects of all that PAST (but now under control) hyper-inflation?
Some folks just don't get it, a LOP/redenomination/delete zeros event is only done as a finial "clean up" procedure AFTER the problems are solved! Once inflation is brought under control and the economy is stable then the "LOP" is used to eliminate the bloated money supply and associated problems from it that resulted from PAST inflation.
Some folks just don't get it, a LOP/redenomination/delete zeros event is only done as a finial "clean up" procedure AFTER the problems are solved! Once inflation is brought under control and the economy is stable then the "LOP" is used to eliminate the bloated money supply and associated problems from it that resulted from PAST inflation.
dwm007- VIP Member
- Posts : 828
Join date : 2015-08-05
Re: Iraq's Points of Great Stride. Iraq's Dinar is doing great.--Why would they LOP?
So, then, his info is pretty much on the money-In any event, I think I know what path and direction I'm goin- Because none of us are going to get anywhere-
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
Re: Iraq's Points of Great Stride. Iraq's Dinar is doing great.--Why would they LOP?
Iraq is under Contract to buy a fleet of 55 new Boeing 737s, 777s and 787s which were not due to arrive until 2013.- How would they buy them at their current Dinar Value ? ? ? ...... Revalue ... WHY WOULD THEY LOP ...
The fact is they did buy them with the dinar at the current value, so obviously they could ....
*****************
Trust but Verify --- R Reagan
"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
Kevind53- Super Moderator
- Posts : 27254
Join date : 2011-08-09
Age : 24
Location : Umm right here!
Re: Iraq's Points of Great Stride. Iraq's Dinar is doing great.--Why would they LOP?
Kevind53 wrote:Iraq is under Contract to buy a fleet of 55 new Boeing 737s, 777s and 787s which were not due to arrive until 2013.- How would they buy them at their current Dinar Value ? ? ? ...... Revalue ... WHY WOULD THEY LOP ...
The fact is they did buy them with the dinar at the current value, so obviously they could ....
And they paid for them with Dollars, boeing does not accept Dinars!
dwm007- VIP Member
- Posts : 828
Join date : 2015-08-05
Re: Iraq's Points of Great Stride. Iraq's Dinar is doing great.--Why would they LOP?
Foreign trade is almost always carried out in USD, or one of the other reserve currencies like the Euro, British Pound Sterling, etc. However since they were implying that the purchase was made with IQD, that is what I addressed. It would be technically correct since they at some point would have converted IQD to USD, whether directly, through trade or otherwise.
*****************
Trust but Verify --- R Reagan
"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
Kevind53- Super Moderator
- Posts : 27254
Join date : 2011-08-09
Age : 24
Location : Umm right here!
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Yesterday at 6:02 am by Ditartyn
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Mar 23, 2024 9:25 am by swizzlestick
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej
» The second American Revolution has begun, God Bless Texas
Mon Jan 29, 2024 6:13 pm by kenlej
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Sun Jan 28, 2024 3:28 pm by Mission1st
» Tucker talking Canada
Wed Jan 24, 2024 6:50 pm by kenlej
» Almost to the end The goodguys are winning
Mon Jan 22, 2024 9:03 pm by kenlej
» Dinar Daily Facebook Page
Mon Jan 22, 2024 3:34 pm by Ponee
» The Fundamentals of Finance and Pimpy Live
Thu Jan 18, 2024 7:17 am by Dinarhater
» Why Won't the Iraqi Dinar Scam Die?
Wed Jan 17, 2024 5:19 pm by RamblerNash