Chat Room – Excerpts & Highlights
]jfd says():Dont we need the dollar to decrease against the dinar and not rise??
larrykn says to jfd():when they do it it will
jfd says():So the rising and falling of the dinar at its present value does not mean anythihg?
DIGIman1 says to jfd():nothing
DIGIman1 says to jfd():its a reflection of the strength of the USD
larrykn says():currency always floats around so no it really doesn’t mean anything at this time
david12 says():I thought we were suppose to RV by September 30TH!!!
larrykn says to david12():who told you that lol
woodywoodpecker says():who told u that
SRW says():We did!! Congratulations your dinar is worth .08 cents a dinar!! Have a great day!! 😀
jfd says():I wonder what the print cost for a .08 cent dinar is?
Ame says to jfd():about 13 cents
Ame says():I am just kidding
jfd says():You might be real close.
Ame says():IDK really
jfd says():Why would you print currency if its not worth the price of printing it unless you knew it would be worth more at some point in time?
Ame says():excellent Q
SRW says():You answered your own question!! Veloscity to the value of the dinar is anticipated and needed.
larrykn says to jfd():we all know this will happen we are just waiting for it now 🙂
Ame says():as we used to say “rate and date”
futuremoney says():has anybody heard about LaGarde saying that on Oct first that the Chinese Yuan will be put of the SDR,s?? Or commented on it already??
jfd says():That info is on the IMF website.
futuremoney says():I know thats where I got it, but has anyone commented yet?
jfd says():Type in SDR and it will come up.
Elane says():Futuremoney… would be interesting to hear a response to your quiry!
futuremoney says to Elane():I thought this wasnt supposed to happen till several years down the road… wonder why the change of heart..
hutch says to futuremoney():IT HAS BEEN SCHEDULED FOR ABOUT A YEAR… THAT I KNOW OF…. THERE IS PRESS OUT OF IT HAVING BEEN DONE.
Elane says():Futuremoney you still here?
Elane says):IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts
futuremoney says to Elane(): yep