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I am posting this here because I think WD is really great at explaining things, and if anyone could, I think he could. I don't have a way to reach out to him other than this, so here goes:
If I have a 100k note, and our RV goes to $4US to 1IQD, then I will have $400k US.
Likewise, if I have 1M IQD, then I will have 4M USD.
10M IQD ---> 40M USD
100M IQD ---> 400M USD. And so on.
Throughout this whole process, I have not run across anyone who has addressed the fact that collectively, if we all, all put together now, have TRILLIONS of IQD, then there will be QUADRILLIONS of money that kinda appears out of nowhere. To put this in perspective, I have read/heard that the US government alone has 4 TRILLION IQD. I have also read/heard that governments will be able to RV/CE at a higher rate than we as citizens/leve3/last ones to have a CE. Now, if we use the example above, the US government will be able to convert the 4TRILLION IQD to 4 QUADRILLION USD. But no, the government rate will be higher than 1IQD to 4 USD. So, our government will end up with who knows what? MORE than 5, 6, 10, 100 QUADRILLION USD? Our deficit right now as I understand it is in the teens of TRILLIONS. It is a daunting number for sure, but it should easily be taken care of by tens of QUADRILLIONS OF US DOLLARS.
Let’s pause for a sec. A quadrillion is a thousand trillion.
If the government used 17 trillion USD to pay off the deficit, it would still have in excess of, let’s calculate it here:
4000 TRILLION – 17 TRILLION = 3983 TRILLION
That’s if the government RV’d at the same rate as we do. What should/will become of this massive amount of money? Meanwhile, we will also have QUADRILLIONS of USD amongst just our collective dinarian world family to have our way with. The macroeconomic balancing act will be given a 9.0 size quake shaking I think. My humble (or ignorant) questions: 1) Will we experience some crazy 1000x inflation rate where things just cost 100x or 500x more in short order? 2) If yes, then what will happen to the poor souls that did not “invest” or believe enough to have at least broken even? 3) What I really would like to know is, will the value of our post RV money actually be worth a large sum, or will it be chopped down by other economic forces that we have not really talked about thus far? We seem to talk a lot about pre-RV, and what to do with our post RV money to secure it or spend or invest it, but not much on whether or not it will actually hold value. Thanks for reading. Go RV!
First I don't know where you are getting your numbers from so good luck wrapping your head around any of that because it makes no sense at all.
Second, why are you even in this investment if you're so worried. You either put your dinar away and wait till the rv materializes or sell your stuff and have zero worries. You like many others are worrying about things you can not change or control. Asking a question like that in this community is just going to open it up for several ridiculous/speculative responses of which 99.9% have no clue aside from opinionated garbage.
If you got into this investment because someone hyped you up and said that it would happen overnight then you need to make some serious decisions. However, if you got into this as a long term investment then just let it ride and live life because one day you may just wake up to a surprise, OR maybe never. That is reality because no one knows.
Hmmm... Correct me if I'm wrong but if you have 4 trillion Dinar and there is a $4 dollar RV it would be 16 Trillion.... 4 Trillion X $4 = 16 Trillion.... Hope that Helps!
Ah yes, the old bungled math conundrum. Your math, joker017, is correct, and my last equation was wrong, and it makes my example a lot easier to stomach. As an aside, it's funny how other people take things so negatively. I did not post this OP as a "worried announcement". I just happen to think this subject of the value of our currency post RV has not been discussed much. It DOES affect my thinking in that I control the AMOUNT of IQD that I hold. If I understand better about the overall value post RV, I may want to acquire more. Or sell some. depends on what I can come up with in my pea brain.
No matter what is said or who says it who can ee believe is this rv/ce ever gonna happen doesnt look like it there is always something or someone supposedly holding something up its all blah blah blah
Dear D&D Time to sell your dinar
No way you are going to see $4 RV. Just look at the political situation in Iraq. Maliki is ruining everything. The GOI can't get anything accomplished. The security in Iraq is extremely ineffective.
Bagdad is the the worst place in the world to live!
Look at the infrastucture in Iraq. They have done little to address the public water & electricty.
IMHO it will be a long time before the IQD will change valuation.
I know the Gurus & the Dinar dealers will not like this but unlike the stuff they put out which is pure speculation what I have listed above is factual.
Prove me wrong with facts!!!
Eddie B, If you truly believe that, why are you on DinarRecaps, looking at the latest info and intel??? Seems like to me if I really felt like there was no chance in this happening soon, I would never come on here to read ANYTHING right now.. Don't come on spreading the negativity... Everybody keep your fire burning!
@ Eddie B.... Since you want facts, how about you start us off with facts of the atrocious infrastructure status in Iraq and while you are at it I'm requesting that you provide from different regions to sustain your argument. Here is why.
In the United States we have great infrastructure and also poor ones as well. Yes no running water or sewer, no natural gas for heating. Perhaps you are not aware of the following but they are alive and well in American homes such as using water wells, wood burning fireplace, septic tanks, unpaved roads, satellite for internet because there is no cable tv, etc. We also have what are called run down ghettos in urban areas where many low wage earning citizens have no choice to live and the equivalent of that in the rural areas are called trailer parks. Although not all trailer parks are run down but many are occupied by low wage earners.
We also have many Native Americans that still live in their tribal reservations which HAVE NOT been developed by the government. Our school system in many parts are way below standard and even below other nation's educational standards.
See, my point is that while America is the "wealthiest nation" in the world, at least for now, we have many flaws after 200+ yrs yet we continue to progress. I firmly believe that Iraq sits on so much wealth (oil, natural gas, diamonds, gold, agriculture, water, etc...) and outside investment interests internationally that regardless of the rv lever being pulled now or next decade that they will be out doing many of the other countries such as Kuwait, Dubai, Saudi Arabia, etc.
So while there are many flawed articles and CERTAINLY wreckless rumors by gurus Iraq will not sit on devalued currency like China has because they have much too lose if they do.
Stay hopeful and one day, just maybe one day you'll be glad you did.
ive been waiting for the MP# LINK for the call, does anyone know if there is a call ball number and code
@ armando... You cant fault the guy for putting up facts. Other than providing the "lets all remain positive" rubuttle, can you state some facts that would lead otherwise. I dont call it negetive at all stating facts. That is how you make the best decisions in life. Much like the reason there was and still is a chance you can make alot of money from this speculative currency we all have.
If your getting offended that someone is giving you solid information to AID you in making a decision, why would you only want to hear the good? Thats a bad sign you have let emotion guide your investment strategies rather than your research and fact finding.
Wangdang, I want you to know that USRet Maj Bobby Roughton passed away 20Dec. He looked for and always listened to your calls - over and over - as he wanted to make sure he "heard it all."
Bob had big dreams for others with his anticipated wealth. Wounded Warriors at the top of the list - which I will honor. We did not get a response back to "join" the group - but he knew it would happen when it was suppose to, He would not have been able to travel to Houston but told me I would be going,
Know you made/make a difference - he trusted you and your wisdom. He liked the straight talk. I will continue to listen and will look forward to meeting you and yours in the near future. With Love and Respect, Kay
Please email me for I have been out of the loop and I will personally respond. I pay homage to a great soldier and thank you for reaching out to me.
I cant get your last conference to pull up whenever I see you on I try to stop everything to listen can you give me a bieif descrption please I trust your talks very much God bless
Where Oh where is Our Wang Dang....I need to hear a good word or bad...it doesn't matter right now ...Just wanting to here that fun laugh...and know his family is all good.
Wang dand ain't saying nothin new...90 cents and four days later RV. Predicting the removal of the zero hopefully tomorrow. That is the jist of the conference call. Nothning new
Been waiting for the MP3 link of the last call.... Where is it?
Happy New Year to al!. Miss reading you every day. Was the MP3 posted somewhere else. Thanks. May blessings abound!
Hey to all this may be the best time in your life to be in this investment I been in for about 6 years now and never have I felt so excited just want to say wangdang is the man I came across him by mistake and I have been listening to him ever since I don't know when this is going to happen but my ministry sure could use it now people it's an investment stay excited i know some of u are hurt but it will be over soon believe this something great is about to happen God bless u all Pastor D