We’ve heard a few rumblings in the community lately of the following theory, we’re not sure who came up with it first, so we’re not really sure who should get proper credit, but we wanted to share this following theory (and article below)….
It is a GOOD thing if they halt the “RE-DENOMINATION” of the IQD Dinar (that is a.k.a. a “LOP”). We think they are halting the “Re-denomination” because they are going to instead “REVALUE” the Iraqi IQD!!!
Understand, a “LOP” or “Re-denomination” is NOT good… Remember the economic disaster that befell Turkey’s economy when they did a “LOP” of their currency!
The theory is that Maliki, Talabani, Allawi and Shabibi have been fighting about this…. Clearly from the news in the last 24 – 48 hours indicates that Shabbs is winning – which is extremely GREAT for us!!! So, hopefully soon we will now get the Revaluation…. and NOT THE LOP!!!
~ Mr.IQD
