What Happens When Your Money Is Worthless?
Living With A Devalued Currency
By Tyler Durden Fri, 03/30/2018 –
This is one of the most important and valued articles to help you prepare. I think it could be useful, based on our experience with the economic collapse and its effects on the currency. Let me tell you what life is really like when your country has a devalued currency that is nearly worthless.
How do you buy things with devalued currency?
These last few days I was asked by a fellow prepper overseas how our internal trading, with such a devalued currency, was going on. He asked if we used silver coins and bartering.
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Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Sunday 4-1-18 Part 2 of 2
larrykn: I just get to wonder how are they going to put tax on people that don't have the money now. unless they are doing something to increase their wealth, just a thought
Spectra: @larrykn gm and HAPPY EASTER to you
Spectra: @larrykn GOOD QUESTION
Spectra: @larrykn That would be a large burden on the poor
larrykn: yes it would that's why I'm thinking something is up, might be wrong but it sure looks like it to me
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Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Sunday 4-1-18 Part 1 of 2
patrik73: www.cbi.iq is down...
dinard: @patrik73 i cant get on it either. i can get on other iraq websites though. wondering if theres a lot of traffic because of an announcement they mad or their servers are down accidentally or if theyre updating it for something big
patrik73: maybe a april joke who went wrong ? :-)
dinard: @patrik73 ah shoot thats right it is april fools day. would be terrible if they announced a revalue just to say it was a joke lol
BREW: CBI SITE IS NOT DOWN............. US dollar USD 1184.000
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KTFA:
Richard: So now that they have closed the gap do they not have to hold it for 90 days? Or am I confusing this with something else?
Dk22ems: My understanding is that their announcement indicates that they successful at doing it for 90 days, not that we are waiting on them to do it. Someone please correct me if I am mistaken. Thanks
DocK: As I remember, Iraq needs to maintain that " less than 2% exchange rate Gap "
for 3 months . Am I correct or not ?
McDan: Past IMO all ready done. January 1 to March 31
Believer63: As WS, Frank and Delta have said....it is done. They have held the 2% and we do not need to concern ourselves with that anymore. Happy Easter to All...He is Risen...Amen
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