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

Originally Posted by DesertNuke

Wm I fully agree with you on the smaller denoms that they have no actual buying power ---until the r/v. I have a question though, for us that have the 25000 notes and if they ' retire' that note, how much time would we have to exchange the notes? Would there be a time frame or deadline in which they neede to be exchanged???

Not to step on Wm's upcoming response but there won't be a time frame. When you cash them in they will be retired at that point.

Originally Posted by Adster

Nice one Sus, look at page 30, oil exports, go baby go!!! This gets the old juices flowing!

Said it before, say it again, dinar + oil = disney dollars + Caymans for lots of beers and fun.

WOoT!!!!

Originally Posted by Dinar Cha Ching

I'm not reading them, except for the date. They're old. I have to keep scrolling past them to find something relevant and current.

Must just wear you down scrolling past them.

Originally Posted by Lunar

Why do you keep reading them? I put in my required "SIAP....sorry if already posted".
If you've already read them then pass on by and read another, no sense whining about it. Maybe you should try using your energy to try searching for something more current instead of complaining about what I do.
And just for the record, news is news regardless of when it came out.

Wow! You just keep adding to your post. What's this your third revision? When I first read it all it said was "Why do you keep reading them?" I guess your sitting there stewing and thinking of things you could say back to me.

If you're going to contrubute contribute something worthwhile. With the news hounds around here posting week old articles is worthless.

I'm going back to see if you issued your 4th revision.

Originally Posted by DesertNuke

Wm I fully agree with you on the smaller denoms that they have no actual buying power ---until the r/v. I have a question though, for us that have the 25000 notes and if they ' retire' that note, how much time would we have to exchange the notes? Would there be a time frame or deadline in which they neede to be exchanged???

Although most people have never seen a $10000 bill they are still legal tender. I suppose that the same will happen with the 25000 dinar bill.

this is like cabin fever, lol.

Originally Posted by Lunar

Must just wear you down scrolling past them.

Yes, I'd rather not waste my time scrolling through garbage. Pretty much like this conversation has become.

Originally Posted by DesertNuke

Wm I fully agree with you on the smaller denoms that they have no actual buying power ---until the r/v. I have a question though, for us that have the 25000 notes and if they ' retire' that note, how much time would we have to exchange the notes? Would there be a time frame or deadline in which they neede to be exchanged???

I knew that someone would get nervous about using the word "retire". This simply means that as the larger notes circulate back to the CBI, they will not re-issue them. Since iraq is a cash based economy, expect this retirement to take place over a very long period of time. There will be no "set date" that they (large denoms) have to be turned it. So relax, it will be a "fluid" process and painless. Thank You

Originally Posted by Lunar

Must just wear you down scrolling past them.

Originally Posted by Dinar Cha Ching

Yes, I'd rather not waste my time scrolling through garbage. Pretty much like this conversation has become.

Everyone is just trying to contribute. Please lets get along and Move along. Thank You.

Originally Posted by Wm.Knowles

I knew that someone would get nervous about using the word "retire". This simply means that as the larger notes circulate back to the CBI, they will not re-issue them. Since iraq is a cash based economy, expect this retirement to take place over a very long period of time. There will be no "set date" that they (large denoms) have to be turned it. So relax, it will be a "fluid" process and painless. Thank You

Agreed, although they're trying to move away from a cash based society and will do in time.