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'Palestinians considering own currency'
ijpost.com ^ | 5/30/10 | staff

Posted on 05/30/2010 11:15:57 AM PDT by Nachum

Preparations for independence include national bank.

The Palestinian Authority is considering introducing its own currency called the 'Palestinian pound,' Palestinian Monetary Authority governor Jihad al-Wazir said in an interview with The Washington Post on Sunday.

"All options are open, as far as we're concerned - issuing our own currency is one," Wazir was quoted as saying, adding that the Palestinians were weighing linking the currency to the dollar or the euro.

(Excerpt) Read more at jpost.com ...


TOPICS: Foreign Affairs; Israel; News/Current Events
KEYWORDS: considering; currency; own; palestinians
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1 posted on 05/30/2010 11:15:57 AM PDT by Nachum
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To: Nachum

Didn’t Zimbabwe try this?


2 posted on 05/30/2010 11:17:09 AM PDT by pnh102 (Regarding liberalism, always attribute to malice what you think can be explained by stupidity. - Me)
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To: Nachum

Full faith and credit????

Mark


3 posted on 05/30/2010 11:18:55 AM PDT by MarkL (Do I really look like a guy with a plan?)
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To: pnh102

The Palestinian Authority should buy bank notes from Zimbabwe. After all, they are selling them by the ton these days.


4 posted on 05/30/2010 11:19:45 AM PDT by BwanaNdege
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To: Nachum

The Pali Pound with Jihad al-Wazir’s signature! Sell your gold and buy this


5 posted on 05/30/2010 11:19:46 AM PDT by mainsail that
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To: MarkL

Yes, full faith and credit of a camel fart.


6 posted on 05/30/2010 11:19:51 AM PDT by Gaffer ("Profiling: The only profile I need is a chalk outline around their dead ass!")
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To: Nachum

Backed by sheep and goats?


7 posted on 05/30/2010 11:19:57 AM PDT by bmwcyle (NJ Governor Chris Christie for President)
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To: Nachum

Actually, that’s very clever.

Why not create your own currency? Maybe it will give the Palis something to care about.

Of course, it’s probably just a way to inflate the currency beyond reason so as to get bailouts.


8 posted on 05/30/2010 11:20:10 AM PDT by AmishDude (It doesn't matter whom you vote for, it matters who takes office.)
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To: Nachum

Perhaps the only currency in hostory where people will trade them in for slugs!


9 posted on 05/30/2010 11:24:48 AM PDT by Attention Surplus Disorder (Voters who thought their ship came in with 0bama are on their own Titanic.)
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To: Nachum

Wow, I didn’t know they had an economy.


10 posted on 05/30/2010 11:24:57 AM PDT by dr_who
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To: Nachum

“Palestinian Pound” ... sounds like something the Israelis ought to do.


11 posted on 05/30/2010 11:32:21 AM PDT by Fast Moving Angel (We'll remember in November!)
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To: Nachum

It sounds like something the Palis would dream up. A PP note.


12 posted on 05/30/2010 11:33:04 AM PDT by paristwelve (Feeling sorry for things is just an excuse for not celebrating your own happiness.)
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To: dr_who

Muslim welfare queens with play money.


13 posted on 05/30/2010 11:33:19 AM PDT by Hans
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To: Hans

Yeah, and where is the money coming from?


14 posted on 05/30/2010 11:42:41 AM PDT by dr_who
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To: Nachum
A preview


15 posted on 05/30/2010 11:48:24 AM PDT by bigheadfred (If I've said it once, I've said it a million times...)
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To: Nachum

It will be worthless from day 1 and next to nothing on day 2.


16 posted on 05/30/2010 11:49:18 AM PDT by DownInFlames
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To: Nachum

Call it the fatwa.


17 posted on 05/30/2010 11:56:24 AM PDT by Paladin2
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To: Nachum

Call it the scud and back it with same.


18 posted on 05/30/2010 11:57:34 AM PDT by Paladin2
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To: Nachum
I nominate to call it the Wham-O®
19 posted on 05/30/2010 12:08:45 PM PDT by Sender (It's never too late to be who you could have been.)
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To: Nachum
Instead of calling it a Pound, how 'bout something unique and more meaningful like the Palestinian Pantload?

ML/NJ

20 posted on 05/30/2010 12:25:44 PM PDT by ml/nj
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