???? From Other Place.

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30-09-2006, 03:11 PM
Onenomad

???? From Other Place.

Just checked in at the other place (God what a fun bunch) this seems to be the topic at the moment I welcome all thoughts and comments

The best explanation I received was that the currency will be reprinted and re-distributed in country only and the currency held by outside goverments will become an internal government purchasing note.
This from an expert economist in our branch.

Those more knowledgable then myself please comment Thank You
30-09-2006, 03:13 PM
neno

Moved

Quote:

Originally Posted by Onenomad

Just checked in at the other place (God what a fun bunch) this seems to be the topic at the moment I welcome all thoughts and comments

The best explanation I received was that the currency will be reprinted and re-distributed in country only and the currency held by outside goverments will become an internal government purchasing note.
This from an expert economist in our branch.

Those more knowledgable then myself please comment Thank You

Being moved to the rumor section as a new thread. Not Here please. :nono:
30-09-2006, 03:33 PM
Onenomad

Quote:

Originally Posted by neno

Being moved to the rumor section as a new thread. Not Here please. :nono:

Very sorry still learning the layout of this place I do appologize
30-09-2006, 03:41 PM
archangel

Quote:

Originally Posted by Onenomad

Just checked in at the other place (God what a fun bunch) this seems to be the topic at the moment I welcome all thoughts and comments

The best explanation I received was that the currency will be reprinted and re-distributed in country only and the currency held by outside goverments will become an internal government purchasing note.
This from an expert economist in our branch.

Those more knowledgable then myself please comment Thank You

Onemad are you being serious, Steff on iif.............LOL :toofunny: :toofunny:
she is a bank teller in Queens NY.............. and a big naysayer, don't go by what she says...........
30-09-2006, 03:45 PM
archangel

I didn't know local branches have expert econimists............LOL
30-09-2006, 03:48 PM
Onenomad

Quote:

Originally Posted by archangel

Onemad are you being serious, Steff on iif.............LOL :toofunny: :toofunny:
she is a bank teller in Queens NY.............. and a big naysayer, don't go by what she says...........

I know I know all the naysayer constant opinions sometimes get to ya she really bugs me. Lance made a comment too how he is concerned about all these pay raises, I find him very level headed and makes good points here's his post

I am concerned about the rise in salaries, if they are increasing the salaries then there is less pressure to revalue the currency. If they raise the salaries by 2/3 and lop the zeros from the currency and bring the dinar to a parity with the dollar they will have the same income they did just before all this started.

Example .00068 current Dinar value, lose three zero's .68 now make it worth a dollar 32% increase in value.

I am starting to believe this may be what happens. Perhaps tucking our money away inside the economy will shield us. I just don't know for sure but it is getting kinda tricky with their salaries going up by 100%.

Example: police were making 20.00 dollars a month now earning 200.00 a month.
Why would he need a new value on his currency? If he gets a 32% increase from here he should be set. Just some thoughts. Lance

MODS not sure if im allowed to post posts from the other site if not im sorry its just I like this place better and value the people of this forums opinions once again sorry if out of place.

Arch where did Mr Gotti go?
30-09-2006, 03:51 PM
archangel

People stop with the reprint ................ it will never, ever,ever,ever happen,
their currency was planned out, do you really think if they had intentions of a reprint they would of made there currency the way it is now, and 3 years later a reprint........ it's just to funny.
30-09-2006, 04:15 PM
goldraker

Not so fast!

This could be true, but not understood. They probably have a plan in place. Where the currency would be held in the different countries to be used. To purchase Iraqi oil. For example if someone in the USA cashes in. It would go to the Federal Reserve in the USA. Then it would accumulate there. Until they used it to buy Iraqi oil! Just one therory...........

:bringiton :nunu: :bringiton
30-09-2006, 04:32 PM
Mike5200

It never ends over there, the tired old zero lopping theory was attempted to be resurected on two or three different threads. Most of the thinking people have come over to this forum,those that are left over there are too paranoid or too jaded too post anymore -you would think that with 7500+ members over there you would see more than just the same 20 or 30 people doing the posting.
30-09-2006, 04:50 PM
Bubba Dinar

Repurchase agreements!

Quote:

Originally Posted by goldraker

This could be true, but not understood. They probably have a plan in place. Where the currency would be held in the different countries to be used. To purchase Iraqi oil. For example if someone in the USA cashes in. It would go to the Federal Reserve in the USA. Then it would accumulate there. Until they used it to buy Iraqi oil! Just one therory...........

:bringiton :nunu: :bringiton

I'm sure the Fed and the CBI have mutual currency Repurchase Agreements in effect. The IQD collected here will eventually go to the Fed Reserve Bank in NY. It will be be stored and used for backing for more printing of USD in the future. It will never be returned to Iraq. JMHO:drinkbudd
30-09-2006, 05:51 PM
archangel

Quote:

Originally Posted by Onenomad

I know I know all the naysayer constant opinions sometimes get to ya she really bugs me. Lance made a comment too how he is concerned about all these pay raises, I find him very level headed and makes good points here's his post

I am concerned about the rise in salaries, if they are increasing the salaries then there is less pressure to revalue the currency. If they raise the salaries by 2/3 and lop the zeros from the currency and bring the dinar to a parity with the dollar they will have the same income they did just before all this started.

Example .00068 current Dinar value, lose three zero's .68 now make it worth a dollar 32% increase in value.

I am starting to believe this may be what happens. Perhaps tucking our money away inside the economy will shield us. I just don't know for sure but it is getting kinda tricky with their salaries going up by 100%.

Example: police were making 20.00 dollars a month now earning 200.00 a month.
Why would he need a new value on his currency? If he gets a 32% increase from here he should be set. Just some thoughts. Lance

MODS not sure if im allowed to post posts from the other site if not im sorry its just I like this place better and value the people of this forums opinions once again sorry if out of place.

Arch where did Mr Gotti go?

Onenomad, I put him away for now, until we need some policing.... LOL
my new avatar is of the blue Grotta in Capri, where like I said , I'm treating, for anybody that wants to come after we RV.
30-09-2006, 05:56 PM
Onenomad

Quote:

Originally Posted by archangel

Onenomad, I put him away for now, until we need some policing.... LOL
my new avatar is of the blue Grotta in Capri, where like I said , I'm treating, for anybody that wants to come after we RV.

Nice...Please put me on that list, looks fantastic
30-09-2006, 07:17 PM
lndmn_01

Quote:

Originally Posted by Onenomad

I know I know all the naysayer constant opinions sometimes get to ya she really bugs me. Lance made a comment too how he is concerned about all these pay raises, I find him very level headed and makes good points here's his post

I am concerned about the rise in salaries, if they are increasing the salaries then there is less pressure to revalue the currency. If they raise the salaries by 2/3 and lop the zeros from the currency and bring the dinar to a parity with the dollar they will have the same income they did just before all this started.

Example .00068 current Dinar value, lose three zero's .68 now make it worth a dollar 32% increase in value.

I am starting to believe this may be what happens. Perhaps tucking our money away inside the economy will shield us. I just don't know for sure but it is getting kinda tricky with their salaries going up by 100%.

Example: police were making 20.00 dollars a month now earning 200.00 a month.
Why would he need a new value on his currency? If he gets a 32% increase from here he should be set. Just some thoughts. Lance

MODS not sure if im allowed to post posts from the other site if not im sorry its just I like this place better and value the people of this forums opinions once again sorry if out of place.

Arch where did Mr Gotti go?

Okay, if salaries are going up by 100% where are they getting all of the cash?
If you go along with the 10 trillion in circulation idea thats 200-250 dollars for every person in Iraq. Looks like with the pay raises we're going to need to print more dinar or... REVAL?
30-09-2006, 07:35 PM
neno

Funny....But True.

Quote:

Originally Posted by lndmn_01

Okay, if salaries are going up by 100% where are they getting all of the cash?
If you go along with the 10 trillion in circulation idea thats 200-250 dollars for every person in Iraq. Looks like with the pay raises we're going to need to print more dinar or... REVAL?

:toofunny:
30-09-2006, 09:15 PM
investor

Quote:

Originally Posted by archangel

Onenomad, I put him away for now, until we need some policing.... LOL
my new avatar is of the blue Grotta in Capri, where like I said , I'm treating, for anybody that wants to come after we RV.

I've been to the Blue Grotto and would love to go there again to celebrate the reval.

Capri is a beautiful place.