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

Originally Posted by Socata 850

You are correct. It's 72 billion, 466 million, 290 thousand dinars.

take one down pass it around......

Originally Posted by jsfletcher

take one down pass it around......

Funniest thing I've read in a long time. Thanks for making me smile.

Originally Posted by jsfletcher

take one down pass it around......

Look at it this way. If the dinar were to revalue at 1 penny then each Trillion would be worth 10 Billion, at 10 cents it's 100 Billion per Trillion.

This is very unusual, right?? That Elf person keeps saying that this is the norm. I don't remember this much dinar being bought back previously.

Originally Posted by Inscrutable

Look at it this way. If the dinar were to revalue at 1 penny then each Trillion would be worth 10 Billion, at 10 cents it's 100 Billion per Trillion.

But their way is 10 billion saved at that Penny. Out of Circulation.

Originally Posted by Inscrutable

Look at it this way. If the dinar were to revalue at 1 penny then each Trillion would be worth 10 Billion, at 10 cents it's 100 Billion per Trillion.

Well, in that respect they need to at least go with parity as they'll need at least 14 Trillion to start doing business with the world.

Originally Posted by DinarLady

This is very unusual, right?? That Elf person keeps saying that this is the norm. I don't remember this much dinar being bought back previously.

What's not the norm is the CBI stopped sales of dinar to the banks.

Originally Posted by Inscrutable

What's not the norm is the CBI stopped sales of dinar to the banks.

Are they still selling to dealers??? Are the banks?? Cuz the dealers seem to be still selling to us folks. They usually don't keep an huge overstock, but continuously bring them in. I would find it a little odd that the dealers can still buy from the banks if the CBI is buying up their dinar and not selling them anymore.

Originally Posted by DinarLady

This is very unusual, right?? That Elf person keeps saying that this is the norm. I don't remember this much dinar being bought back previously.

Tell you what DL. If you will find a post by Wm.Knowles and click on his profile the load all his post, you will have a pretty good explenation of this. I believe his view points of this are right on Target. It is alot of read, but you will get the answers you are looking for. Unless of course you guys want to go thru it again.