Replies to post #19040 on Iraqi Dinar Discussion Board (IQD)

[realest]

Aero, have you considered that "LOP" can go another way. If you "LOP" three zeros from the exchange rate you go from .0008x to .8x

Now, they don't need a re-issue for that. Besides, a total re-issue of currency is not only a pain in the butt for everyone, it's also very expensive. It costs money to buy new bills.

You keep talking of this LOP as fact where in my opionion it is fiction. They would need other better reasons to re-issue than a simple numeric symbol.

It doesn't matter what is printed on the bill, whether it's 25,000 or 25 as it's going to have the same purchasing power. A total re-issue is pointless and would only create confusion in the market place on cost and price of items. These people have it in their minds that a loaf of bread cost ( X ) amount of Dinars... they are not going to simply wake up the next day and think "ok, today it's 1 dinar not 1000". The "lopping" is the most IDIOTIC thing i've heard of in a very long time.

I think you are simply stirring the pot with 'LOPPING' talk. What would be the real reason for it???? There are none.