ronscarpa Posted August 6, 2019 Report Share Posted August 6, 2019 8-5-2019 Newshound/Intel Guru Dinar Investor - Jeff Delete the zeros can mean one of two things...It's based on a country's economy and where their economy and where their inflation is at...some countries...had a poor economy with high inflation. So what they would do is replace larger notes with smaller notes and they don't change the rate. What they've essentially done is devalue the currency that eases inflation. That's one scenario. Second Scenario which is what the Iraq Central Bank has told us they're gonna do...(post 1 of 2)...Reposted for Continuity..! 8-6-2019 Newshound/Intel Guru Dinar Investor - Jeff This is not my opinion. This is fact...what they're gonna do is yes they'll delete the zeros to replace larger notes with smaller notes and coins. What they're gonna do is increase the exchange rate just as they told you on March 20th of this year...what that does is add value to the currency to give purchase power...that's how simple it is...they've also told us the two currencies will coexist together at the same time. Meaning a 25k note will maintain its value and a 25 note will maintain its value. They coexist together at an increased rate...(post 2 of 2)... 1 1 4 Quote Link to comment Share on other sites More sharing options...
HeyJonesy Posted August 6, 2019 Report Share Posted August 6, 2019 This is certainly a good thing to hear even though we pretty much already knew that. It's what we're all waiting, hoping, believing and planning for. Here's the ultimate question of the decade.... when? (which of course we are all wondering) 2 2 Quote Link to comment Share on other sites More sharing options...
happygilmores Posted August 6, 2019 Report Share Posted August 6, 2019 Quote 4 hours ago, HeyJonesy said: This is certainly a good thing to hear even though we pretty much already knew that. It's what we're all waiting, hoping, believing and planning for. Here's the ultimate question of the decade.... when? (which of course we are all wondering) Soon!:) Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted August 6, 2019 Report Share Posted August 6, 2019 6 hours ago, HeyJonesy said: This is certainly a good thing to hear even though we pretty much already knew that. It's what we're all waiting, hoping, believing and planning for. Here's the ultimate question of the decade.... when? (which of course we are all wondering) 1 Quote Link to comment Share on other sites More sharing options...
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