Printing Counterfeit Iraqi Dinar Say it isn’t so!!
Dinar Forum World is saying this:With all the security features on the new Iraqi Dinar I don’t believe it…this has to be some left wing nut who hates Iraq to print a story like that.
They will swear that it is not true and go on with their normal selves and go on believing an rv is just around the corner.
Well, I know when the rv is going to happen.
Well, let me bring it home for you DFW it is true (the counterfeiting part) and the question is what is the Iraq Central Bank and the Iraqi government going to do about it.
Update:
I know the article is not specifically talking about bogus Dinar, I am just bringing it to light because it is happening.
Comments
Thanks for the update.
It can be inferred from the article that the reason why these counterfeiters seek the dinar, is becasue of its high quality paper, plentiful Supply, and its cheap cost.
As you mention they are not counterfeiting the dinar, but using dinar paper to counterfeit USD, pehaps then it would be prudent to change your title of the article to better reflect the content of the article, before some poor dinar investor mis-reads the article, because of the title's slant.
Posted by: eosirl | June 10, 2006 12:39 PM
eosirl
I appreciate the comment and I did put just a tad little slant in the title of my post, and it was on purpose and intentional, just trying to get people to think about Dinar counterfeiting because Dinar holders generally believe it is hard to create a counterfeit Iraqi Dinar and this is just not true. There is counterfeit Dinar being discovered in the Iraqi economy frequently. It just does not get a lot of media attention but hopefully it will soon.
Thanks for stopping and commenting and have a great day.
Posted by: American Contractor | June 10, 2006 5:12 PM