Iraqi Dinar Discussion Board

[Aerospace]

Hey Eddie... how much is Iraqs dinar worth now, prior the lop?

A lop doesn't change the overall value of the currency.
Just as an example, say....
They have 30 Trillion now worth .001 = $30 Billion
When they lop...
They'll have 30 Billion worth 1.00 = the same $30 Billion.

Think about this... If Iraq was to determine they could somehow instantly double or triple (it's a joke to even suggest they'll increase it 100 to 300 times as you claim) it's money supply, why would they do it by making currency already in the hands of people more valuable? Iraq would gain nothing by that. Iraq, or any country that can increase money supply, would do it by printing more currency. That would allow the Government to increase budgets and spend the money for the bebifit of the country.
But keep believing they will RV for the benifit of speculators... Dinar dealears appreciate your participation.