KAPERONI! Congrats kap. You set the dinar world abuzz this week with your post on the ten reasons there won't be a lop, which seemed to do more harm than good to your viewpoint as people everywhere were discussing JayP's response and became more convinced than ever that a lop is indeed a possibility. I think it's fair to say that none of us know whether Iraq will or won't lop, just like nobody knows the rate or date for any supposed upcoming RV. So why make a post that says that they won't? It sounds like pumping to me. And then to include among your reasons that a lop is a devaluation? Maybe you don't know the difference between "devaluation" and "demonetization". Re-denominations are done after a currency has been devalued by hyperinflation which is the case with the IQD. Demonetization is what happens to the old currency after it has been replaced by the new currency in a re-denomination. If Iraq lops it will be a value neutral event. No devaluation occurs. The devaluation has already occurred over the past 30 years, which is why a re-denomination is needed. This unfortunate bit of misinformation, along with your juvenile rebuttal to JayP earns you a spot in the Douchebags hall of shame.
I've read some of your analysis and listened to some of your commentary in the past kap, and I know that you're better than this. Maybe winning a Douchie will inspire you to live up to your true potential in the future. We can only hope.
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Originally Posted by coopschick
