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Message
re: Iraqi Dinar
Posted on 2/23/11 at 1:29 pm to AviatorTiger
Posted on 2/23/11 at 1:29 pm to AviatorTiger
quote:
For the record this is a ridiculous way to invest your money.
Agreed.
quote:
Inflation will kill you almost guaranteed
What? I'm not trying to be a jerk, are you talking about Iraqi inflation? That would cause depreciation and since these bills can't be held in interest bearing accounts, it would be a straight loss, so you would be right. I just find your terminoligy strange.
quote:
not to mention the likelihood of Iraq collapsing within the next 10 years at 85%.
I don't know how you quantified that, but it is a real chance, which is something that would be hard to model, not that I think any of the fools buying this stuff are actually modeling.
Posted on 2/23/11 at 7:21 pm to TheHiddenFlask
quote:
not that I think any of the fools buying this stuff are actually modeling.
nothing wrong with using some fun/play money to buy some dinars. just don't overdo it. no one is taking it as a serious investment anyways. we have been through this kid a million times here.
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