Replies to post #20737 on Iraqi Dinar Discussion Board (IQD)

[Seattleslew]

I have to agree with you xilr8tn I bought 4 million over 3 years ago and was told by friends that this would be the greatest thing to happen just like the Kuwait Dinar. I wish I had never bought this crap and would like to know if I will ever see a profit from this over the next year, two or 5.

[Aerospace]

Happens all the time. A 3 zero lop will reduce currency by 99.9%
More than 70 countries have done exactly that since about 1960.

Time to repost this...
http://www.unc.edu/~lmosley/APSA%202005.pdf
Dropping Zeros, Gaining Credibility?
Currency Redenomination in Developing Nations

I don't feel stupid that I bought and held dinar for a while.
I was uninformed about currencies at the time. I feel a little foolish that i recommended dinar to a few people before I became informed... but I'm actually much more knowledgeable now because of my experience. It's how we learn.

[Tunner61]

We ALL have gotten ripped off, more by our own government. So don't consider yourself stupid. Again, I would rether lose this little money, Versus, not be able to get my Social Security( which won't be there), get it when I am able to, and I paid into it. We all took a risk, and taking risks, don't qualify any of us as stupid.