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

Monica: I stand in AGREEMENT with you.

Well one way of stopping speculators buying more dinar would be to tell the world you'll lop zeros, right? At the same time, the message is saying to those that hold them they will lop zeros so as to get people to offload.

DON'T BUY ANY OF IT FOLKS. WE'RE WINNING AND NOT LONG TO GO BEFORE WE'RE ALL IN THE $$$$$'S.

Originally Posted by franny

Monica: I stand in AGREEMENT with you.

25 posts franny?! Way to go!!!

Originally Posted by Adster

Some Ideas Are Discussed Over the Value of the Dinar

23 July 2006 (Baghdad: Al-Iraqiyah TV)

Within this atmosphere of uncertainty and doubt, Minister of Finance Bayan Jaber al Zubaidi made a suggestion which had an enormous impact on those following economic trends in Iraq. He suggested that the best way to fight inflation, which is spiraling out of control, is to abolish several zeros from the Iraqi dinar to align it closely with the value of the US dollar....
The premise for the idea was based on the fact that some countries experiencing a similar state of affairs implemented such a course of action and were successful in controlling their levels of inflation. Turkey, which managed to control its inflation by abolishing six zeros from its circulating currency, was cited as an example.

Turkey drops six zeros from its banknotes

http://www.nzherald.co.nz/section/st...jectid=9005318


"Under the slimlined currency, a cup of coffee will sell for about 4 New Turkish Lira (YTL), instead of 4,000,000 old-style.

Coins, similar in style now to euro coins, will also return to widespread use. There are 1.345 New Turkish Lira in US$1 ($1.40). "

Originally Posted by Adster

Well one way of stopping speculators buying more dinar would be to tell the world you'll lop zeros, right? At the same time, the message is saying to those that hold them they will lop zeros so as to get people to offload.

DON'T BUY ANY OF IT FOLKS. WE'RE WINNING AND NOT LONG TO GO BEFORE WE'RE ALL IN THE $$$$$'S.

Yes Adam thats excatly what i'm think it.Thats create some doubt!!!

I Stand In Agreement Also. Lisa

Hello Adster: I woke up not feeling well, but seeing your post to me, I am ready to turn on the music and start dancing You made my day; big time

Originally Posted by franny

Hello Adster: I woke up not feeling well, but seeing your post to me, I am ready to turn on the music and start dancing You made my day; big time

Bless you franny, you're a valuable, likeable, kind member on Rolclub. First drink on me at the dinar party, wwwwwwoooooohhhhhhaaaaaaaaaayyyyyyyyyyyyyyyyyyyyyy y!!!

Off to the pub, catch you all later.

Ads.

Joint press meeting with Bush and Blair on Fox in 5 minutes.....

Originally Posted by tiffany

Joint press meeting with Bush and Blair on Fox in 5 minutes.....

Anything pertaining to the peg? Any summaries available? Don't have cable to watch it.