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Thread: Delete Three Zeros = Redenomination/Lop

  1. #1
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    Delete Three Zeros = Redenomination/Lop

    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


  2. #2
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    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 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 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 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 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.

  3. #3
    Supporter and Investor! millionairetobe71's Avatar
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    And your point is ?? .......... (just go out there and find something we already don't know)........

    MTB71
    "We are ready for an unforeseen event that
    may or may not occur." --Al Gore, VP :swear:

  4. #4
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    Quote Originally Posted by millionairetobe71 View Post
    And your point is ?? .......... (just go out there and find something we already don't know)........

    MTB71
    MTB71....

  5. #5
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    alot of people don't know

  6. #6
    Supporter and Investor! millionairetobe71's Avatar
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    Quote Originally Posted by alan_coaks_3 View Post
    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......
    "We are ready for an unforeseen event that
    may or may not occur." --Al Gore, VP :swear:

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