[19:24:29 14/02/10] dirt14 : ck,whatchs think of all the lop articles lately?
[19:25:09 14/02/10] @ MrsCK : the articles don't read as a lop to me....they read as RV
[19:25:41 14/02/10] @ MrsCK : LK, pan, windreader and I just don't get how people read the articles and get Lop out of it....it's not how we read them
[19:25:47 14/02/10] dirt14 : oh ,i was over at other site and the SFA says no rv til elections,and you cant debate it either
[19:26:33 14/02/10] @ MrsCK : SFA??
[19:26:49 14/02/10] Rellek : really it's just for a laugh, that's all.
[19:26:54 14/02/10] dirt14 : well i can see how turnin 25000to 25 in country would be helpful,but what is the world gonna say?
[19:27:33 14/02/10] @ MrsCK : dirt turning 25K to 25 is a lop...that not what the articles say they are going to do
[19:27:55 14/02/10] dirt14 : yea, you know who has a copy of sfa and saidthat
[19:28:57 14/02/10] @ MrsCK : duck2000 and his sfagreement....whatever...he's been wrong more then right
[19:29:08 14/02/10] dirt14 : the only thing i see is they have to have a rate first to remove program,then do something am i on it/
[19:29:51 14/02/10] dirt14 : they are just lyin and makin up stuff over there,
[19:30:01 14/02/10] @ MrsCK : dirt...they will RV when the lower denoms come out
[19:31:08 14/02/10] dirt14 : but you see my point,ck,they must remove the program first,the imf wont let them lop a program rate,get me?
[19:31:43 14/02/10] dirt14 : when they get a real rate it will be on
[19:32:06 14/02/10] @ MrsCK : dirt they aren't going to lop
[19:32:31 14/02/10] Patient4rv : LOP is really not an option for Iraq
[19:32:43 14/02/10] Patient4rv : at least not under the TRUE definition of lop
[19:32:50 14/02/10] @ MrsCK : OK here is what I read in these articles: iraq will come out with a new monitary policy....that will cancel the IMF program rate agreement
[19:33:27 14/02/10] @ MrsCK : they will drop 3 zeros off the rate .00089 will become .88 USD
[19:33:53 14/02/10] @ MrsCK : the 25, 10, 5 and 1K notes will be deposited back in the banks....which the bank will keep
[19:34:12 14/02/10] dirt14 : thats what im sayin ck,they have to have a rate first before they can do anything,right?
[19:34:14 14/02/10] @ MrsCK : right now lets say a gallon of milk will cost 5K note
[19:34:38 14/02/10] dirt14 : ok
[19:35:41 14/02/10] @ MrsCK : take 5K dinar note and turn it back into USD which will be 5K divided by 1170 = $4.27 USD for a gallon of milk
[19:36:42 14/02/10] @ MrsCK : now once they drop the 3 zeros off the dinar rate of .00089 and make it .89 cents USD per dinar...to buy the same gallon of milk would take 4.85 dinars to buy that gallon of milk
[19:36:58 14/02/10] @ MrsCK : so the dinar will keep the same rate as the articles says
[19:37:34 14/02/10] @ MrsCK : So once they decide when this NEW monitary policy will start...the lower notes and rate change will happen
[19:37:39 14/02/10] @ MrsCK : that's NOT a lop
[19:38:23 14/02/10] dirt14 : on prices,i see that,thanks ck
[19:39:14 14/02/10] @ MrsCK : the iraq people will take their 25K notes to the bank to get lower notes....most of the 25K amount will stay in the bank account....who pulls out the full amount of the new rate for a 25K note??? nobody
[19:40:25 14/02/10] Patient4rv : VERY well explained CK
[19:40:58 14/02/10] @ MrsCK : as windreader said for example the dinar and dollar was one for one.....people going to turn in a 25K note for 1,000 25 dinar notes to take home??? who will carry 1,000 notes back home???
[19:41:30 14/02/10] dirt14 : good explanation
[19:41:38 14/02/10] @ MrsCK : hope they have a big mattress to stick it all in!!
[19:42:02 14/02/10] topdog : well my mattress is empty!....lol
[19:42:14 14/02/10] @ MrsCK : it will be a very easy way for the CBI to get the big notes back from iraq
[19:42:34 14/02/10] @ MrsCK : CBI won't be getting our big notes for years to come....so they don't have to worry about them so much
[19:43:04 14/02/10] @ MrsCK : just like the USD....the value is only by what is done in the USA GDP...not by how much is printed
[19:43:08 14/02/10] @ MrsCK : same will be with the dinar
[19:43:27 14/02/10] topdog : fiat money
[19:43:32 14/02/10] @ MrsCK : if the value of the USA was by how much is printed...the value would be 3 cents
[19:43:53 14/02/10] dirt14 : right
[19:44:01 14/02/10] @ MrsCK : Plus the CBI says 25 trillion...but DOES NOT!!! say how much of that is in iraq or outside iraq
[19:44:16 14/02/10] @ MrsCK : I wouldn't be surprised if only 25 billion was ONLY in iraq
[19:44:49 14/02/10] @ MrsCK : since June 2008 the CBI said they were going to spend 1 to 1.5 billion USD to take dinar off the market
[19:45:33 14/02/10] @ MrsCK : So what happened to this dinar they took off the iraq market???? it was sent out of country to treasury's or dealers like ali
[19:45:44 14/02/10] dirt14 : how much have they spent/
[19:46:12 14/02/10] @ MrsCK : CBI will set a % for each day how much they will purchase back off the world market...just like any other country does
[19:46:52 14/02/10] @ MrsCK : so no way will CBI be flooded with dinar notes all at once....CBI can drag it out for years!!! before they buy it all back off the world market
[19:47:17 14/02/10] @ MrsCK : but most countries central banks will keep the dinar and NOT sell it...so it will go as a reserve currency for them
[19:47:41 14/02/10] @ MrsCK : dirt...CBI has never gave those figures of how much they have spent
[19:47:52 14/02/10] dirt14 : ok
[19:48:36 14/02/10] @ MrsCK : so this LOP BS and drama the other forums are having over these articles is becuase they have dumbass's trying to explain it
[19:48:47 14/02/10] @ MrsCK : and NOT reading it right
[19:48:50 14/02/10] topdog : agreed CK!
[19:49:37 14/02/10] dirt14 : since the dollar took a betting last year,and the cbi stayed at steady 1170,is there any way we can tell how much the dinar gained/
[19:50:15 14/02/10] @ MrsCK : no dirt they don't give us those numbers
[19:50:43 14/02/10] dirt14 : the other forum is a joke,you cant despute anything
[19:50:46 14/02/10] @ MrsCK : when they go to a market monitary policy...then they will provide better numbers
[19:51:01 14/02/10] @ MrsCK : but by then we won't care...because the RV will have happened
[19:51:40 14/02/10] dirt14 : after this is over i wont want to know,you know
[19:52:24 14/02/10] @ MrsCK : I love a despute/debate but bring research to it or a good thought out comment....NOT "well guru so and so said".....becuase that's a Bullshit sheep comment
[19:52:51 14/02/10] @ MrsCK : sheep can go away and stop bugging me
[19:52:53 14/02/10] @ MrsCK : lmaooooooo
[19:53:03 14/02/10] dirt14 : did iraq in January set 1170rate for a year again,i cant find anything on it?
[19:53:28 14/02/10] @ MrsCK : no they did not set 1170 AGAIN in january
[19:53:36 14/02/10] Patient4rv : LMAO
[19:53:54 14/02/10] dirt14 : thank the good Lord,and ck,lol
[19:54:23 14/02/10] @ MrsCK : don't thank me for zip dirt...I don't mind explaining what I read
[19:54:29 14/02/10] dirt14 : we may be gettin to the end of this ride,huh
[19:54:45 14/02/10] @ MrsCK : I think so dirt
[19:55:04 14/02/10] @ MrsCK : way to many articles coming out this last week that says a new monitary policy in the works
[19:56:27 14/02/10] @ MrsCK : now MY accounting brains tells me if I was going to change a new monitary policy it would be easier to do it at the end of a quarter or first of a quarter...not in the middle of a quarter...so end of March wo
[19:57:20 14/02/10] @ MrsCK : BUT they just passed the budget have not spent but 20%....so they can still apply the Rv to the budget accounts if they did it quickly before starting to spend any of the budget
[20:04:55 14/02/10] @ MrsCK : another thing to remember is the anniversary of the CBI is coming up on March 6th
[19:25:09 14/02/10] @ MrsCK : the articles don't read as a lop to me....they read as RV
[19:25:41 14/02/10] @ MrsCK : LK, pan, windreader and I just don't get how people read the articles and get Lop out of it....it's not how we read them
[19:25:47 14/02/10] dirt14 : oh ,i was over at other site and the SFA says no rv til elections,and you cant debate it either
[19:26:33 14/02/10] @ MrsCK : SFA??
[19:26:49 14/02/10] Rellek : really it's just for a laugh, that's all.
[19:26:54 14/02/10] dirt14 : well i can see how turnin 25000to 25 in country would be helpful,but what is the world gonna say?
[19:27:33 14/02/10] @ MrsCK : dirt turning 25K to 25 is a lop...that not what the articles say they are going to do
[19:27:55 14/02/10] dirt14 : yea, you know who has a copy of sfa and saidthat
[19:28:57 14/02/10] @ MrsCK : duck2000 and his sfagreement....whatever...he's been wrong more then right
[19:29:08 14/02/10] dirt14 : the only thing i see is they have to have a rate first to remove program,then do something am i on it/
[19:29:51 14/02/10] dirt14 : they are just lyin and makin up stuff over there,
[19:30:01 14/02/10] @ MrsCK : dirt...they will RV when the lower denoms come out
[19:31:08 14/02/10] dirt14 : but you see my point,ck,they must remove the program first,the imf wont let them lop a program rate,get me?
[19:31:43 14/02/10] dirt14 : when they get a real rate it will be on
[19:32:06 14/02/10] @ MrsCK : dirt they aren't going to lop
[19:32:31 14/02/10] Patient4rv : LOP is really not an option for Iraq
[19:32:43 14/02/10] Patient4rv : at least not under the TRUE definition of lop
[19:32:50 14/02/10] @ MrsCK : OK here is what I read in these articles: iraq will come out with a new monitary policy....that will cancel the IMF program rate agreement
[19:33:27 14/02/10] @ MrsCK : they will drop 3 zeros off the rate .00089 will become .88 USD
[19:33:53 14/02/10] @ MrsCK : the 25, 10, 5 and 1K notes will be deposited back in the banks....which the bank will keep
[19:34:12 14/02/10] dirt14 : thats what im sayin ck,they have to have a rate first before they can do anything,right?
[19:34:14 14/02/10] @ MrsCK : right now lets say a gallon of milk will cost 5K note
[19:34:38 14/02/10] dirt14 : ok
[19:35:41 14/02/10] @ MrsCK : take 5K dinar note and turn it back into USD which will be 5K divided by 1170 = $4.27 USD for a gallon of milk
[19:36:42 14/02/10] @ MrsCK : now once they drop the 3 zeros off the dinar rate of .00089 and make it .89 cents USD per dinar...to buy the same gallon of milk would take 4.85 dinars to buy that gallon of milk
[19:36:58 14/02/10] @ MrsCK : so the dinar will keep the same rate as the articles says
[19:37:34 14/02/10] @ MrsCK : So once they decide when this NEW monitary policy will start...the lower notes and rate change will happen
[19:37:39 14/02/10] @ MrsCK : that's NOT a lop
[19:38:23 14/02/10] dirt14 : on prices,i see that,thanks ck
[19:39:14 14/02/10] @ MrsCK : the iraq people will take their 25K notes to the bank to get lower notes....most of the 25K amount will stay in the bank account....who pulls out the full amount of the new rate for a 25K note??? nobody
[19:40:25 14/02/10] Patient4rv : VERY well explained CK
[19:40:58 14/02/10] @ MrsCK : as windreader said for example the dinar and dollar was one for one.....people going to turn in a 25K note for 1,000 25 dinar notes to take home??? who will carry 1,000 notes back home???
[19:41:30 14/02/10] dirt14 : good explanation
[19:41:38 14/02/10] @ MrsCK : hope they have a big mattress to stick it all in!!
[19:42:02 14/02/10] topdog : well my mattress is empty!....lol
[19:42:14 14/02/10] @ MrsCK : it will be a very easy way for the CBI to get the big notes back from iraq
[19:42:34 14/02/10] @ MrsCK : CBI won't be getting our big notes for years to come....so they don't have to worry about them so much
[19:43:04 14/02/10] @ MrsCK : just like the USD....the value is only by what is done in the USA GDP...not by how much is printed
[19:43:08 14/02/10] @ MrsCK : same will be with the dinar
[19:43:27 14/02/10] topdog : fiat money
[19:43:32 14/02/10] @ MrsCK : if the value of the USA was by how much is printed...the value would be 3 cents
[19:43:53 14/02/10] dirt14 : right
[19:44:01 14/02/10] @ MrsCK : Plus the CBI says 25 trillion...but DOES NOT!!! say how much of that is in iraq or outside iraq
[19:44:16 14/02/10] @ MrsCK : I wouldn't be surprised if only 25 billion was ONLY in iraq
[19:44:49 14/02/10] @ MrsCK : since June 2008 the CBI said they were going to spend 1 to 1.5 billion USD to take dinar off the market
[19:45:33 14/02/10] @ MrsCK : So what happened to this dinar they took off the iraq market???? it was sent out of country to treasury's or dealers like ali
[19:45:44 14/02/10] dirt14 : how much have they spent/
[19:46:12 14/02/10] @ MrsCK : CBI will set a % for each day how much they will purchase back off the world market...just like any other country does
[19:46:52 14/02/10] @ MrsCK : so no way will CBI be flooded with dinar notes all at once....CBI can drag it out for years!!! before they buy it all back off the world market
[19:47:17 14/02/10] @ MrsCK : but most countries central banks will keep the dinar and NOT sell it...so it will go as a reserve currency for them
[19:47:41 14/02/10] @ MrsCK : dirt...CBI has never gave those figures of how much they have spent
[19:47:52 14/02/10] dirt14 : ok
[19:48:36 14/02/10] @ MrsCK : so this LOP BS and drama the other forums are having over these articles is becuase they have dumbass's trying to explain it
[19:48:47 14/02/10] @ MrsCK : and NOT reading it right
[19:48:50 14/02/10] topdog : agreed CK!
[19:49:37 14/02/10] dirt14 : since the dollar took a betting last year,and the cbi stayed at steady 1170,is there any way we can tell how much the dinar gained/
[19:50:15 14/02/10] @ MrsCK : no dirt they don't give us those numbers
[19:50:43 14/02/10] dirt14 : the other forum is a joke,you cant despute anything
[19:50:46 14/02/10] @ MrsCK : when they go to a market monitary policy...then they will provide better numbers
[19:51:01 14/02/10] @ MrsCK : but by then we won't care...because the RV will have happened
[19:51:40 14/02/10] dirt14 : after this is over i wont want to know,you know
[19:52:24 14/02/10] @ MrsCK : I love a despute/debate but bring research to it or a good thought out comment....NOT "well guru so and so said".....becuase that's a Bullshit sheep comment
[19:52:51 14/02/10] @ MrsCK : sheep can go away and stop bugging me
[19:52:53 14/02/10] @ MrsCK : lmaooooooo
[19:53:03 14/02/10] dirt14 : did iraq in January set 1170rate for a year again,i cant find anything on it?
[19:53:28 14/02/10] @ MrsCK : no they did not set 1170 AGAIN in january
[19:53:36 14/02/10] Patient4rv : LMAO
[19:53:54 14/02/10] dirt14 : thank the good Lord,and ck,lol
[19:54:23 14/02/10] @ MrsCK : don't thank me for zip dirt...I don't mind explaining what I read
[19:54:29 14/02/10] dirt14 : we may be gettin to the end of this ride,huh
[19:54:45 14/02/10] @ MrsCK : I think so dirt
[19:55:04 14/02/10] @ MrsCK : way to many articles coming out this last week that says a new monitary policy in the works
[19:56:27 14/02/10] @ MrsCK : now MY accounting brains tells me if I was going to change a new monitary policy it would be easier to do it at the end of a quarter or first of a quarter...not in the middle of a quarter...so end of March wo
[19:57:20 14/02/10] @ MrsCK : BUT they just passed the budget have not spent but 20%....so they can still apply the Rv to the budget accounts if they did it quickly before starting to spend any of the budget
[20:04:55 14/02/10] @ MrsCK : another thing to remember is the anniversary of the CBI is coming up on March 6th
