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re: Investing in the Iraqi Dinar, Good or Bad idea?

Posted on 5/3/11 at 1:16 pm to
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 5/3/11 at 1:16 pm to
quote:

until their currency is revauled?


Yeah, as if central banks are just going to give away millions of dollars to foreigners with the stroke of a pen.

"Revaluing" a currency merely means exchanging one old currency for a new one. There is no change in value.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/3/11 at 1:44 pm to
quote:

Does this make you feel more like a man? No answer required.


No, but if I am wrong about this thread being a joke, I hope it gave you some self awareness to how dumb you are.

I didn't come in attacking, you're just a jerk who can't even use google.
Posted by Alter X
Lafayette, La.
Member since Apr 2008
666 posts
Posted on 5/3/11 at 1:55 pm to
I was just searching for information. This is a place where people come and ask questions? Maybe someone else came across something I didn't find, you seem to hold that against me.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/3/11 at 2:00 pm to
Once again. I told you that it was a bad idea.

You're the one asking a question that is asked here twice a month, obviously never having searched, but then getting butt hurt when you get called out for it.

Posted by Alter X
Lafayette, La.
Member since Apr 2008
666 posts
Posted on 5/3/11 at 2:17 pm to
Butt hurt by some kid on the internet, what a joke.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 5/3/11 at 2:49 pm to
Flask is just tired of answering this question for the bazillionth time. Bottom line - it's not only a scam, but it's pretty easy one to figure out. There are many reasons why and they've been expounded upon over and over and over.

Maybe we should just create a thread addressing this and get it stickied.
Posted by Ric Flair
Charlotte
Member since Oct 2005
13649 posts
Posted on 5/3/11 at 2:58 pm to
I think I'm going to start a pyramid scheme/multi-level marketing company that sells Iraqi Dinars.
Posted by Alter X
Lafayette, La.
Member since Apr 2008
666 posts
Posted on 5/3/11 at 3:02 pm to
quote:

foshizzle


Thanks man, I look here often and never seen where it was talked about, did not even think to search for it. The guy that pitched it, pitched it pretty good. I have found more information on it now. Flask could of skipped over this thread and left it alone.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/3/11 at 3:26 pm to
quote:

. Flask could of skipped over this thread and left it alone.


And you could have just USED THE frickING SEARCH FUNCTION.

Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 5/3/11 at 4:06 pm to
I take a utilitarian approach to Dinar-ers. Money should be put to its best end use. It's the American way. I invest 1000 bucks in Exxon because I'm confident they can do more with that 1000 than I can. Thus, Dinar-ers should be encouraged to buy "as much as possible". I can actually say this without feeling bad as I am confident whomever is selling the dinars can put that money to better use than those buying them and thus benefit society.

That being said, who wants to buy some from my stash?
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/3/11 at 4:17 pm to
quote:

I take a utilitarian approach to Dinar-ers. Money should be put to its best end use. It's the American way. I invest 1000 bucks in Exxon because I'm confident they can do more with that 1000 than I can. Thus, Dinar-ers should be encouraged to buy "as much as possible". I can actually say this without feeling bad as I am confident whomever is selling the dinars can put that money to better use than those buying them and thus benefit society.


I think I'm down with that approach from now on.
Posted by Ric Flair
Charlotte
Member since Oct 2005
13649 posts
Posted on 5/4/11 at 7:36 am to
I'll buy a 250 dinar from you for a dollar (the note with Saddam's picture on the front). 300% profit for you, a piece of history for me. As much as we joke about the dinar, if someone had the physical currency in low denominations, they could make a killing selling them at flea markets.
Posted by Camp Randall
The Shadow of the Valley of Death
Member since Nov 2005
15581 posts
Posted on 5/4/11 at 9:10 am to
quote:

they could make a killing selling them at flea markets


How much rent would you pay at the flea market? How many hours would you pay the employee to sit there and sell these Dinar?
Posted by TJG210
New Orleans
Member since Aug 2006
28333 posts
Posted on 5/4/11 at 9:43 am to
quote:

I think I'm going to start a pyramid scheme/multi-level marketing company that sells Iraqi Dinars.


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