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View Full Version : Delete Three Zeros = Redenomination/Lop



alan_coaks_3
11-29-2013, 08:03 AM
If you need to know what deleting of the three zeros means look no more i have it all right here.

http://goo.gl/0cgfpl

http://goo.gl/IotREJ

if you go to each link you will see what all the exchange rate from old to new is 1000 to 1 new looks familiar ? Iraqi Dinar http://goo.gl/d9CeSH


Venezuela - http://goo.gl/bhNxtF

Indonesia - http://goo.gl/RFyUFb

Mexican peso - http://goo.gl/PzwPlf

bulgaria lev - http://goo.gl/MdyD8V

Russian ruble - http://goo.gl/8N1tva

Israel shekels - http://goo.gl/oNsF16

Paraguay guarani - http://goo.gl/AvsKKg

Brazil Real - http://goo.gl/Tsi2ur

Colombia peso - http://goo.gl/X59Q6I

Zambia - http://goo.gl/2SHK52

Afghanistan - http://goo.gl/m8kXn4



these are just some


Mahma Khalil Member of the Iraqi Parliament and official spokesperson of the Economic Committee says an agreement has been reached about the mechanisms of introducing the new banknotes after a series of meetings and discussions with the CBI Governor Dr. Sinan Al Shibibi.

He added the exchange rate between the new banknotes and the old ones would be 1:1,000



yes Dr. Sinan Al Shibibi is not the gov of the cbi anymore but Abdul Basit Turki Saeed is



his take on the dinar is to Redenominate aka delete three zeros on the iraqi currency link here http://goo.gl/qjYUCx





Governor of the Central Bank Abdul Basit Turki Saeed said the deletion of zeros is a necessary and useful step to restructure the currency and the economy," noting that "the relevant committees in parliament, called for the need to wait in the project, in order to provide the right conditions and time.



2010 Document - Special Inspector General for Iraq Reconstruction to The United States Congress





Dinar Redenomination

The CBI has announced that it intends to implement a long-planned Redenomination of the Iraqi dinar by eliminating three zeros from the nominal value of banknotes.This process is meant to ease commercial
transactions by reducing errors and confusion that hyper-inflated currencies often cause. Now that Iraq’s inflation rate has achieved a level of stability, the move could serve to bolster confidence in the
country’s currency.

http://goo.gl/dEoh8X
Cutting zeros off Iraqi dinar and proceeding with its redenomination to be launched in July 2013

alan_coaks_3
01-05-2014, 10:32 PM
to prove that what i am saying is true i got a bunch of articles and links so you can see for yourself

Note: Redenomination = delete zeros from currency. A LOP is just another word for Redenomination/ delete zeros

here are just a few examples of why i think its going to Redenominate/lop

1. Iraq Said To Be Planning Currency Overhaul, Redenomination - http://goo.gl/L0NzeX
2. Cutting zeros off Iraqi dinar and proceeding with its Redenomination to be launched in July 2013 - http://goo.gl/CHcIzB
3. Iraq Planning Currency Redenomination - http://goo.gl/mC8EqD
4. Iraq Decides to Redenominate Currency - http://goo.gl/AsulzC
5. Iraq Prepares to Redenominate its Currency - http://goo.gl/bV5NqQ

there is just a few examples

now i am going to post about what the old & new cbi gov said about Redenomination/lop.
here's what the Current CBI Gov says " Turki added that “[b]the deletion of zeros is a necessary and useful step to restructure the currency and the economy,” - http://goo.gl/ZxVxCr

here what the old CBI Gov said : Mahma Khalil Member of the Iraqi Parliament and official spokesperson of the Economic Committee says an agreement has been reached about the mechanisms of introducing the new banknotes after a series of meetings and discussions with the CBI Governor Dr. Sinan Al Shibibi.

He added the exchange rate between the new banknotes and the old ones would be 1:1,000 http://goo.gl/Qb8jJ0

what i posted where just some of the many hundred of Redenomination articles i chose.

raise,lift,cancel,delete,lop,drop,remove,cutting = all the same thing none of them are different.

Redenomination Def - Redenomination: a new unit replaces the old unit with a fixed number of old units being converted to 1 new unit. If inflation is the reason for redenomination, this ratio is much larger than 1, usually a positive integral power of 10 like 100, 1000 or 1 million, and the procedure can be referred to as "cutting zeroes". http://goo.gl/Y1Emel

all currency that have deleted three zeros. There Exchange rates were all 1000 to 1 new which means for every 1 Million you hold you only got 1000 USD back.

dont take my word for it look for yourself

note indonesia has not happend yet but it will just watch.

Venezuela - http://goo.gl/bhNxtF

Indonesia - http://goo.gl/RFyUFb

Mexican peso - http://goo.gl/PzwPlf

bulgaria lev - http://goo.gl/MdyD8V

Russian ruble - http://goo.gl/8N1tva

Israel shekels - http://goo.gl/oNsF16

Paraguay guarani - http://goo.gl/AvsKKg

Brazil Real - http://goo.gl/Tsi2ur

Colombia peso - http://goo.gl/X59Q6I

Zambia - http://goo.gl/2SHK52

Afghanistan deleted 3 zeros http://goo.gl/oOMjnE

also here's another Document that iraq is planning a long term Redenomination.

Headline Document: 2010 Document - Special Inspector General for Iraq Reconstruction to The United States Congress

Dinar Redenomination

The CBI has announced that it intends to implement a long-planned Redenomination of the Iraqi dinar by eliminating three zeros from the nominal value of banknotes.This process is meant to ease commercial
transactions by reducing errors and confusion that hyper-inflated currencies often cause. Now that Iraq’s inflation rate has achieved a level of stability, the move could serve to bolster confidence in the
country’s currency. http://goo.gl/HMRN4L (http://goo.gl/HMRN4L%C2%A0%C2%A0) Page 99

Q: Does the U.S. hold a large position in Iraqi Dinars?

A: No, the foreign currency reserves of the U.S. ending December 13, 2013, are found at http://www.treasury....s/12132013.aspx (http://www.treasury.gov/resource-center/data-chart-center/IR-Position/Pages/12132013.aspx) and while the U.S. owns some small amounts of Euros and Yen, no significant holdings of Dinars are listed. That the U.S. government invests in a huge stockpile of Iraqi Dinars is just something that scam artists untruthfully recite to sell their suckers more Dinars.


FACT = iraq want to get there exchange rate to 1000 to 1 dollar - link http://goo.gl/ISNwh0

FACT = deletion of any zeros means = LOP/RD - link http://goo.gl/drprZw

FACT = delete three zeros means your dinar will be traded at the rate of 1000 dinars to 1 new which = for every 1 million you hold you only get back 1000 usd - link Venezuela - http://goo.gl/bhNxtF

Indonesia - http://goo.gl/RFyUFb

Mexican peso - http://goo.gl/PzwPlf

bulgaria lev - http://goo.gl/RZLR14

Russian ruble - http://goo.gl/8N1tva

Israel shekels - http://goo.gl/oNsF16

Paraguay guarani - http://goo.gl/AvsKKg

Brazil Real - http://goo.gl/Tsi2ur

Colombia peso - http://goo.gl/X59Q6I

Zambia - http://goo.gl/HhFWUF

Afghanistan - http://goo.gl/oOMjnE

FACT = both the old & new cbi gov both agree to delete three zeros - link http://goo.gl/WWHEzv & http://goo.gl/cDiTFY

FACT = the iraq dinar is not overvalued or undervalued - http://goo.gl/dwGpfi page 10

FACT = Iraq has Trillions of banknotes in circulation - http://goo.gl/nTPtCd

FACT = Historical evidence suggests that redenomination had been very successful in an environment of macroeconomic stability, declining inflation, stable exchange rates, fiscal restraint and prudence and rational expectations of policy credibility. link look above at the others i posted about the countries that deleted three zeros - link look above at other links i posted



Fact = deleting zeros means the 3 zeros come off both the exchange rate & banknotes - http://goo.gl/HMRN4L (http://goo.gl/HMRN4L%C2%A0%C2%A0%C2%A0) PAGE 99

Fact - Does the U.S. hold a large position in Iraqi Dinars?

No, the foreign currency reserves of the U.S. ending December 13, 2013, are found at http://www.treasury....s/12132013.aspx (http://www.treasury.gov/resource-center/data-chart-center/IR-Position/Pages/12132013.aspx) and while the U.S. owns some small amounts of Euros and Yen, no significant holdings of Dinars are listed. That the U.S. government invests in a huge stockpile of Iraqi Dinars is just something that scam artists untruthfully recite to sell their suckers more Dinars.

millionairetobe71
01-07-2014, 03:40 AM
And your point is ?? .......... (just go out there and find something we already don't know)........

MTB71

manwithnoname
01-07-2014, 11:52 AM
And your point is ?? .......... (just go out there and find something we already don't know)........

MTB71

MTB71.... :rolleyes: ;)

alan_coaks_3
01-08-2014, 01:13 AM
alot of people don't know

millionairetobe71
01-22-2014, 04:58 AM
alot of people don't know

As I read this reply, a lot of people can only means a lot of idiots who can't do their due diligence and read what has transpired in past news, debates, articles, and so on.

The information provided it only brings to mind the word "recycled, recycling, reusing, etc".

No offenses pal, but I would suggest to dig deeper, somewhere, a deeper hole in order to get the fresher, newest, coolest information available so we will learn about something entirely new!

MTB71

PST.....recycling sometimes gets old......