This is very basic to allow anyone to grasp this concept.
Dinar is now valued at 1 IQD = .00085631 USD
After RV perhaps tomorrow (speculation)
1 Iraq Dinar IQD = $7.00 (maybe lower or higher - speculation)
Rate of return --------- you do the math!
To be an instant millionaire USD - you need roughly 143,000 Dinars
At a cost of roughly $122.00 USD
Unbelievable - No Way - This is a Heavenly Blessing from Your Loving LORD
Saturday, September 24, 2011
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8 comments:
What RV means is that the old Dinar will become worthless and be replaced by a new Dinar which has a higher value in relation to US Dollars. It doesn't mean that the old Dinars are now worth as much in US Dollars as the new Dinars. The old ones will be worth zip!
Like when Germany's Marks were almost worthless and people would use them as wall paper and to start fires, etc. because they couldn't buy anything with them. They would need a wheelbarrow full of Marks to buy a loaf of bread, at that time. But when the Mark revalued the old Marks were worthless. People couldn't take a few billion of the old Marks and turn them in for the new ones. So I'm afraid that if you think you are going to trade your old Dinar in for Dollars I think you will be sadly mistaken.
For your sake I would love to be wrong but I don't think I am.
What did they do in Kuwait after the war?
to anon 8:45 am ---- your analogy relates to the Federal Reserve Note which may be repeating history!
The NEW Dinar has intrinsic value because of assets and world support.
The USD Federal Reserve Note is BROKE!
JOHN THESE PEOPLE COME UP WITH WIERD STUFF!! THEY DONT KNOW THE BOTTOM LINE OF ALL THIS I DO!!! THANK YOU JESUS!!!!!!!!!!
same thing happened in Mexico when they changed their pesos in the past several years..I had a home over there for 15 years...the old pesos were NOT worthless -- they gave a specific amount of time to use/cash them in. If anyone tried to use/cash them in after "deadline" then they were worthless.
The old dinars are worthless, the ones with Saddam Hussein on them, they were retired. The present dinar will RV to be recognized as an international currency, thus replacing the Federal Reserve Note that is used for that purpose at this time. Thus the new dinar will be used in and out of the country. The lower denominations will replace the higher ones as the currency finds it new strength.
What does RV stand for? Not the concept, but the actual meaning of the initials "RV?"
Re Value May Be
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