Comments on: Dinar to equal US Dollar 1 to 1! http://www.iraqi-dinar.org/dinar-to-equal-dollar/ Investing in the Dinar Sat, 04 Feb 2012 14:10:51 +0000 hourly 1 By: ronniehttp://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-60397 ronnie Thu, 14 Jul 2011 03:31:47 +0000 http://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-60397 @Insider says:; where did you sell your dinars at insider to make that profit:):). in your dreams. @Insider says:; where did you sell your dinars at insider to make that profit:):). in your dreams.

]]> By: Mikehttp://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-60417 Mike Wed, 13 Jul 2011 22:43:35 +0000 http://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-60417 The value of a currency does not change by lopping off zeros. To believe that is to believe that knocking a zero off the numbers on your speedometer will change the velocity of your automobile. Look at the history of paper (fiat) currency. When inflation has added too many zeros to the denomination of the bills, new bills have been offered and a time period is offered for exchanging the new bills - say 10,000 unit bill for new 10 unit bills. The 10 now buys what the 10,000 bought. Why do they do it? For one thing it saves the banks and the citizens the trouble of exchanging huge bundles of bills. There is another motivation for the central bank - especially in the case of Iraqi Dinar. They know that billions of old Dinar will not be exchanged for the new bills because it is outside the country, and impossibly isolated from exchange. They will offer an exchange period of time, after which the old bills will no longer be accepted. The bank wins, and all the greedy (and mal-informed) speculators will lose. The speculation in Iraqi Dinar has reflected a naive ignorance of how money created from debt works in the first place. Its value is determined by supply and demand. The suppliers (the central banks) do not sit idly by and let speculators get rich when they have the ability to increase the supply at will, and reap the benefits. If the average person understood that they would have never allowed the Federal Reserve to have a monopoly on the creation of the U.S. Dollar since 1913 - a franchise that has enabled them to bleed a few pennies of the dollars value each year until the 1913 dollar is now worth less than 4 cents. This is a web site that derives its very existence from the dreams of people ignorant of the principles of fiat currency - money created from debt - and I doubt if the moderator will permit my words to be posted. If you are reading this, then my apologies, and kudos to the webmaster for offering opposing opinion to be posted. The value of a currency does not change by lopping off zeros. To believe that is to believe that knocking a zero off the numbers on your speedometer will change the velocity of your automobile.

Look at the history of paper (fiat) currency. When inflation has added too many zeros to the denomination of the bills, new bills have been offered and a time period is offered for exchanging the new bills – say 10,000 unit bill for new 10 unit bills. The 10 now buys what the 10,000 bought. Why do they do it? For one thing it saves the banks and the citizens the trouble of exchanging huge bundles of bills.

There is another motivation for the central bank – especially in the case of Iraqi Dinar. They know that billions of old Dinar will not be exchanged for the new bills because it is outside the country, and impossibly isolated from exchange. They will offer an exchange period of time, after which the old bills will no longer be accepted. The bank wins, and all the greedy (and mal-informed) speculators will lose.

The speculation in Iraqi Dinar has reflected a naive ignorance of how money created from debt works in the first place. Its value is determined by supply and demand. The suppliers (the central banks) do not sit idly by and let speculators get rich when they have the ability to increase the supply at will, and reap the benefits.

If the average person understood that they would have never allowed the Federal Reserve to have a monopoly on the creation of the U.S. Dollar since 1913 – a franchise that has enabled them to bleed a few pennies of the dollars value each year until the 1913 dollar is now worth less than 4 cents.

This is a web site that derives its very existence from the dreams of people ignorant of the principles of fiat currency – money created from debt – and I doubt if the moderator will permit my words to be posted. If you are reading this, then my apologies, and kudos to the webmaster for offering opposing opinion to be posted.

]]> By: ronniehttp://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-60396 ronnie Tue, 12 Jul 2011 02:02:26 +0000 http://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-60396 if they drop the last 3 zeros there will be a ton of lawsuits against them . i am sure they would pay heavly in us aid as well as international cooporation in industry/purchasing oil and everything else they need. this currency should have been raised to at least dollar/dinar equal value a long time ago. they ar epumping as much oil now as they were before the war. the US govt is keeping the dinar down. if they drop the last 3 zeros there will be a ton of lawsuits against them . i am sure they would pay heavly in us aid as well as international cooporation in industry/purchasing oil and everything else they need. this currency should have been raised to at least dollar/dinar equal value a long time ago. they ar epumping as much oil now as they were before the war. the US govt is keeping the dinar down.

]]> By: Tomashttp://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-59970 Tomas Tue, 03 May 2011 11:31:25 +0000 http://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-59970 Hey Alixes, No way to tell for sure what they will peg the iraqi dinar at, but such numbers have been thrown out there before and nothing ever happened. Don't get me wrong, I'd love to see it happen, but I see so may predictions that seems realistic and never happened that I've given up on trying to guess and am just waiting. Hey Alixes,

No way to tell for sure what they will peg the iraqi dinar at, but such numbers have been thrown out there before and nothing ever happened. Don’t get me wrong, I’d love to see it happen, but I see so may predictions that seems realistic and never happened that I’ve given up on trying to guess and am just waiting.

]]> By: Alixeshttp://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-59969 Alixes Tue, 03 May 2011 04:08:23 +0000 http://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-59969 My father just called me to tell me that the dinar has pegged at around 85-90 cents to the dollar. Is this true? I have been looking online, but see nothing suggesting that this is true! Is it a rumor? My father just called me to tell me that the dinar has pegged at around 85-90 cents to the dollar. Is this true? I have been looking online, but see nothing suggesting that this is true! Is it a rumor?

]]> By: Whateverhttp://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-59939 Whatever Tue, 26 Apr 2011 16:59:10 +0000 http://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-59939 Hey insider, where do you get off saying that all the exchange rates are wrong? You don't have a clue what you're talking about! So according to you, the Central Bank of Iraq cbi.iq, which states on their website right now that they are selling dinar at 1170 and buying at 1168, doesn't know what they are doing? Listen man, I got a deal for you. I have 10 million dinar and I'll sell it to you for 12 dinars per $1 us dollar. You'll make double your money! Think about that, double your money! Hey, you'll be laughing all the way to the bank... That is, until you walk in the door and tell them what you want :) Even after you made your 2.5 million dollars, you were kind enough to jump on the internet and let us all know, wow, such a nice guy! LOL :) Hey insider, where do you get off saying that all the exchange rates are wrong? You don’t have a clue what you’re talking about!

So according to you, the Central Bank of Iraq cbi.iq, which states on their website right now that they are selling dinar at 1170 and buying at 1168, doesn’t know what they are doing? Listen man, I got a deal for you. I have 10 million dinar and I’ll sell it to you for 12 dinars per $1 us dollar. You’ll make double your money!

Think about that, double your money! Hey, you’ll be laughing all the way to the bank… That is, until you walk in the door and tell them what you want :)

Even after you made your 2.5 million dollars, you were kind enough to jump on the internet and let us all know, wow, such a nice guy!

LOL :)

]]> By: Insiderhttp://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-59936 Insider Tue, 26 Apr 2011 15:24:35 +0000 http://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-59936 People, right now the exchange rate in iraq is 6 dinars per $1! All the currency exchange boards in the US are incorrect, it's not 1170 Dinar per US Dollar! In fact, I just exchanged my 15,000,000 Iraqi Dinar at a rate of 6 dinar per $1 dollar and received 2.5 million dollars! People, right now the exchange rate in iraq is 6 dinars per $1! All the currency exchange boards in the US are incorrect, it’s not 1170 Dinar per US Dollar!

In fact, I just exchanged my 15,000,000 Iraqi Dinar at a rate of 6 dinar per $1 dollar and received 2.5 million dollars!

]]> By: Budhttp://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-59797 Bud Thu, 31 Mar 2011 02:19:42 +0000 http://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-59797 There's a sucker born every minute!! There’s a sucker born every minute!!

]]> By: Dakotaaaaaahttp://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-59661 Dakotaaaaaa Tue, 01 Mar 2011 19:30:45 +0000 http://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-59661 okay, for all those people saying don't buy iraqi dinar, don't buy, don't buy....shutupp every single person on this blog has gambled in there life no matter if its on a football game, lottery or just being right about something. okay. i recently invested roughly 2200 us dollars and it got me 1,750,000 dinar. They say it will go up to maybe even 6/1 to the U.S. dollar. i'm not saying that will happen, but if if it goes up to even a dime to the US dollar i am looking at 175,000 dollars!! There economy cant get any worse unless someone just completely wiped them off the earth.. They are sitting on the largest amount of crude oil in the world and gas is suppose to be 6-7 dollars just this year. All they lack is 3 cabinet members in there government and they are on there road to recovery after they have been recently forgiven of debt they owed and the US just gave them 48 billion dollars to help rebuild. When the dinar does go up all you haters will look back on this and cry... so if anyone is looking to invest ITS A SAFE GAMBLE JUST DONT BUY FAKES:) okay, for all those people saying don’t buy iraqi dinar, don’t buy, don’t buy….shutupp every single person on this blog has gambled in there life no matter if its on a football game, lottery or just being right about something. okay. i recently invested roughly 2200 us dollars and it got me 1,750,000 dinar. They say it will go up to maybe even 6/1 to the U.S. dollar. i’m not saying that will happen, but if if it goes up to even a dime to the US dollar i am looking at 175,000 dollars!! There economy cant get any worse unless someone just completely wiped them off the earth.. They are sitting on the largest amount of crude oil in the world and gas is suppose to be 6-7 dollars just this year. All they lack is 3 cabinet members in there government and they are on there road to recovery after they have been recently forgiven of debt they owed and the US just gave them 48 billion dollars to help rebuild. When the dinar does go up all you haters will look back on this and cry… so if anyone is looking to invest ITS A SAFE GAMBLE JUST DONT BUY FAKES:)

]]> By: Benhttp://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-59660 Ben Tue, 01 Mar 2011 00:52:17 +0000 http://www.iraqi-dinar.org/dinar-to-equal-dollar/#comment-59660 Everyone does remember that with the kawati dinar bring reinstated in the 90's the US paid for all the costs of the gulf war... They did this by collecting the currency after iraq stole the printing plates effectively making the kawati dinar worthless. Then they took the plates back from Sudam and reinstated the currency making all of the currency they held worth more than the cost of the war. This was under George bush sr' presidency, and I believe that he would have had the foresight to make money like that. Now George bush jr was quoted saying that the war on terror will not cost the American people a dollar. How? It's a continual cost to the American tax payer. What a stupid thing to say, right? Unless Georgie was following his fathers footsteps to reinstate a currency (of which America holds a lot of) and hence paying for the war costs. This is my train of thought after researching. Please don't just take it as verbatim, look into it before you invest in IQD. However, you'd assume if enough foreign investors bought currency, logically the currency would have to rise to meet demand... So either it will be a slow rise for the iraqi economy, or a quick paced reinstatement, either way investing in Iraq is investing in oil, which is running out, so Iraq has to boom at some stage... Everyone does remember that with the kawati dinar bring reinstated in the 90′s the US paid for all the costs of the gulf war… They did this by collecting the currency after iraq stole the printing plates effectively making the kawati dinar worthless. Then they took the plates back from Sudam and reinstated the currency making all of the currency they held worth more than the cost of the war. This was under George bush sr’ presidency, and I believe that he would have had the foresight to make money like that. Now George bush jr was quoted saying that the war on terror will not cost the American people a dollar. How? It’s a continual cost to the American tax payer. What a stupid thing to say, right? Unless Georgie was following his fathers footsteps to reinstate a currency (of which America holds a lot of) and hence paying for the war costs.

This is my train of thought after researching. Please don’t just take it as verbatim, look into it before you invest in IQD. However, you’d assume if enough foreign investors bought currency, logically the currency would have to rise to meet demand… So either it will be a slow rise for the iraqi economy, or a quick paced reinstatement, either way investing in Iraq is investing in oil, which is running out, so Iraq has to boom at some stage…

]]>