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Thread: rumor posted elsewhere
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08-03-2007, 10:05 AM #31
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"The expert at the "Central", Majid Assuri, expected a remarkable improvement in the rate of the dinar, due to the low dollar exchange rate, over the next couple of months."
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08-03-2007, 10:45 AM #32
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Parameter values
Trust in God!
Write off your debt by generating quick cash flows.
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08-03-2007, 12:26 PM #33
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It seems that the state insists, or preserve the value of the Iraqi dinar 148 against the dollar ...Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states [ MOF Sept 2006]
High RV is like Coke; it’s the real thing baby!
Jesus Loves You
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08-03-2007, 12:53 PM #34
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08-03-2007, 03:13 PM #35
no dude, he did not say 12 cents
My point was that “IF” he was the currency expert he claims to be, he would have known that .12 = 1 USD, translates to $8.33 USD and not 12 cents……. 8.33 IQD : 1 USD. Translates to $0.12 USD………if he had said “.12 = 1 IQD there would be a case of argument," as to it being 12 cents…point being: he should, mean what say’s and say what you means….
THIS IS THE QUOTE: (I did not read it wrong)
“I have been living in France for the last 12 years, I am originally from Los Angeles and have been involved with currency my whole life. My uncle was an assistant to a former (I will leave it at a guess) that shall remain nameless. I will tell you what I know in this post and only this post, the Iraqi government, will not revalue their currency to anywhere near the amounts you are being told, the amount of the revaluation of their currency will be between 133 IQD = 1 USD to .12 = 1 USD.”Sometimes, when you cry...no one sees your tears.
Sometimes, when you worry...no one sees your pain.
Sometimes, when you're happy...no one sees you smile.
But fart just ONE TIME.…
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08-03-2007, 03:41 PM #36
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08-03-2007, 03:45 PM #37
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It would seem that our french connection may have some validity with
an RV in May,or later,but I wonder why the Iraqi people are hanging on
to their Dinar like they are...Maybe we should review the post made by the
Iraqi fellow who has a cousin in one of the banks in Iraq.I'm not an economist,
a naysayer,or any kind of expert on currency,but how would making a
revalue at or over 1:1 be devastating to the Iraq economy???Could somebody
who is educated in the field of economics please enlighten me on this subject?ERB
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08-03-2007, 04:36 PM #38
thanks
Sometimes, when you cry...no one sees your tears.
Sometimes, when you worry...no one sees your pain.
Sometimes, when you're happy...no one sees you smile.
But fart just ONE TIME.…
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08-03-2007, 06:11 PM #39
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08-03-2007, 06:43 PM #40
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I ditto that!
Lazy,
I ditto your message Spiderman!
Thanks Spiderman, and all your fellow troops! Stay safe!
2shoes
p.s. and as far as this rumor goes, don't think so, on a 1-10 scale (10 highest) it's a -10 in my book.!
Lazy had it right.
Originally Posted by lazyasL View Post
My point was that “IF” he was the currency expert he claims to be, he would have known that .12 = 1 USD, translates to $8.33 USD and not 12 cents……. 8.33 IQD : 1 USD. Translates to $0.12 USD………if he had said “.12 = 1 IQD there would be a case of argument," as to it being 12 cents…point being: he should, mean what say’s and say what you means….Every one has a photographic memory. Some just don't have film
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