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  #11  
Old 04-25-2010, 07:11 AM
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Quote:
Originally Posted by What If....
Does this guy know something we dont?

stocks4u2day 3/1/10 7:54 PM EST

Everyone should be aware that the Iraqi government is redesigning their currency to take off two zeros at the beginning of 2011. You will want to know how to exchange that if you buy what is available today. They are taking two zeros off. Currently it takes about 1750 dinars to equal one dollar. This will reduce that to about 17


http://abclocal.go.com/wjrt/story?i...tion=news/local

sounds like an old article
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  #12  
Old 04-25-2010, 09:07 AM
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Quote:
Originally Posted by MotorDown
sounds like an old article



Article and post are current, i was thinking they either had bad info on the rate,or ment 1170.5 or something



then again they might not even know what they are talking about. But it

sounded some what positive and supports my two zero lop
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Old 04-25-2010, 09:15 AM
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I just dont see why they would do three zeros, then have to print some

thing like 200 billion dinars in the future. when they can just do two and

already have it.


Once they get going, 50 billion dinars just wont cut it



three doesnt do anything for the iraqis,two would atleast give them alittle more wealth.

and since they dont have any real debt, backing 250billion with what reserves they have and will have shouldnt be an issue. every country has debt,so theyll be good to go right from the start lol

jmo. 2 zeros is what they will do
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Last edited by What If.... : 04-25-2010 at 09:24 AM.
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