What's ATOT's take on the Iraqi dinar?

Aug 26, 2004
14,685
1
76
i see a lot of sites selling them, and apparently a lot of people are buying millions hoping it will get somewhat close to it's original value...obviously many of these are scams, but i'm wondering what ATOT thinks about buying up a few million and hoping iraq stabilizes and starts putting their natural resources to good use...

discuss
 

puffff

Platinum Member
Jun 25, 2004
2,374
0
0
Nope. Should the Iraqi dinar go through major readjustment, the old currency will simply be retired and new currency printed. Your 'million dinar note' will still be worthless.
 

BoomerD

No Lifer
Feb 26, 2006
66,057
14,462
146
Last time I went to the Iraqi diner, the food sucked, and the service was terrible...
 
Aug 26, 2004
14,685
1
76
Originally posted by: puffff
Nope. Should the Iraqi dinar go through major readjustment, the old currency will simply be retired and new currency printed. Your 'million dinar note' will still be worthless.

that already happened once with the ones that had saddam on them
 

Dragoon42

Platinum Member
Oct 2, 2000
2,078
0
0
i actually have some. Picture of saddam on it. I use to work at a bank, and a lady brought them in. Asked if she could exchange them, i was like "ma'am, they're black listed and these things are worthless here" so just gave em to me
 

Nebor

Lifer
Jun 24, 2003
29,582
12
76
Originally posted by: Dragoon42
i actually have some. Picture of saddam on it. I use to work at a bank, and a lady brought them in. Asked if she could exchange them, i was like "ma'am, they're black listed and these things are worthless here" so just gave em to me

Geez. You should have told people the same thing about Euros. :p
 
Aug 26, 2004
14,685
1
76
Originally posted by: Dragoon42
i actually have some. Picture of saddam on it. I use to work at a bank, and a lady brought them in. Asked if she could exchange them, i was like "ma'am, they're black listed and these things are worthless here" so just gave em to me

neat
 

jagec

Lifer
Apr 30, 2004
24,442
6
81
Originally posted by: Dragoon42
i actually have some. Picture of saddam on it. I use to work at a bank, and a lady brought them in. Asked if she could exchange them, i was like "ma'am, they're black listed and these things are worthless here" so just gave em to me

oo, send me one?