Thread: Iraq/Dinar News. 09/05 to 01/14/07

BTW, it's just a shakeout (and a pathetic one at that), lol, don't panic

Interesting,

All this talk and concern about lopping, yet not one of these recent articles mentions it? Lifting, removing, knocking off, etc., but lopping is a term only used when currency is being devalued. So show me an article that states anyone saying there was talk of lopping and I will eat my dinar. Bottoms up everyone, time for a cold one.

Good luck to all, Mike

Originally Posted by Offshore-Wealth.com

Interesting,

All this talk and concern about lopping, yet not one of these recent articles mentions it? Lifting, removing, knocking off, etc., but lopping is a term only used when currency is being devalued. So show me an article that states anyone saying there was talk of lopping and I will eat my dinar. Bottoms up everyone, time for a cold one.

Good luck to all, Mike

...Meanwhile, Loops is doing his "keegle" exercises...

Originally Posted by ourhouse37

Adster with the angel on his shoulder,
Your dear wife still feeling good about the 28th? How about you?
And Monica, if everyone that wants to buy the first round does buy a round at some point in the festivities, no one is going to draw a sober breath for a week. At least.
You all are great. when I get home from working my buns off, hot and tired and ready for a more prosperous experience, it's a relief to get on this forum and read the latest. Thanks everyone.

Interesting,

All this talk and concern about lopping, yet not one of these recent articles mentions it? Lifting, removing, knocking off, etc., but lopping is a term only used when currency is being devalued. So show me an article that states anyone saying there was talk of lopping and I will eat my dinar. Bottoms up everyone, time for a cold one.

Good luck to all, Mike

Mike, you won't be alone there buddy! I will be right there with you. In fact, we can sit down to a table full of dinar for dinner as long as it's accompanied by a frosty one, or two or three lol.

Cheers all,

Rob

Originally Posted by whatever

...Meanwhile, Loops is doing his "keegle" exercises...

You took the words right outta my mouth!! (Literally!!!) I found it hysterical that he chose such a username!!!

Originally Posted by Treater

BTW, it's just a shakeout (and a pathetic one at that), lol, don't panic

"The smallest denomination note today is 250 dinars."

Hmmmmm...I guess I can just throw away all of those 50 dinar notes that I have! Just goes to show how reliable the 'news/reporters' are with their facts! lol!

Originally Posted by robmccallum01

Mike, you won't be alone there buddy! I will be right there with you. In fact, we can sit down to a table full of dinar for dinner as long as it's accompanied by a frosty one, or two or three lol.

Cheers all,

Rob

I'll bring the pizza and chicken wings! We have the best! Save the 5000 notes for me!

Tiff

offshore,

I am trying to respond to your PM but your inbox is full. Can please make room for my PM? Thank you! I'm need to go somewhere but need to get your opinion on something before i go.

jubilee

Originally Posted by Offshore-Wealth.com

Interesting,

All this talk and concern about lopping, yet not one of these recent articles mentions it? Lifting, removing, knocking off, etc., but lopping is a term only used when currency is being devalued. So show me an article that states anyone saying there was talk of lopping and I will eat my dinar. Bottoms up everyone, time for a cold one.

Good luck to all, Mike

Originally Posted by tiffany

"The smallest denomination note today is 250 dinars."

Hmmmmm...I guess I can just throw away all of those 50 dinar notes that I have! Just goes to show how reliable the 'news/reporters' are with their facts! lol!

For many folks that are not in the loop this is the first big break in the media about dinar in years. Lots of folks would never even think to read Iraqi new let alone discuss it with others online.

I agree this article is full of holes through and through.

"BAGHDAD - Iraq is considering redenominating the dinar, printing new banknotes to remove inflation-generated zeros from its currency, the finance minister said on Thursday."

Not according to iraqi news networks.

" Senior government and central bank officials"

LOL, we got the MoF, and Shabibi, not a gang of loose lipped know it alls, and neither of those two guys are gonna tell Reuters jack cheese.

"make one new dinar equal to 1,000 current dinars"

We have new dinars, whats a "current dinar"?

"This is the ministry's suggestion to the central bank. We think in the long term it will be for the benefit of Iraq."

uh huh, believing it.

"Jabor said surveys indicated popular support for the move."

And who completed the surveys? Iraqi citizens? Sure they wanna be poor, and watch their economy get flushed down the toilet HA HA !!! OK!!

"The oil-rich nation's currency was once worth more than $3"

BZZZZT!!! ...Try $4 lol

"rampant inflation"

Thats rich, rampant inflation lol

Lets wee what the state dept says about that...

"The Central Bank of Iraq (CBI) also can intervene, when necessary, in order to maintain stability in the foreign exchange market."
http://www.state.gov/e/eb/ifd/2006/67643.htm

it's already stable, and has been, "maintain" vs. achieve.