Routers Article re lift zeros by 2013

[gsxr600]

super smoke!!!

cbi said project will be seen completed in 2011

we are right around the corner....articles like this will come out more and more the closer we get

Not every article that is neg. is smoke. to think so is to bury your head in the sand.

[gregp]

So by 2013 their inflation should be just under 19.0%. just saying. Hard to stop a runaway train!

[Raleighwood]

Some people it seems, would even scream RV if they were told the dinar is no longer the currency of Iraq......

[FrankieV]

43 cents nominal

real value 100 cents

when determining value always break down to the lowest unit of measure

this is a estaminet because the fiscal year is not over

also you need a base to gage it from im only gaging 1 year (and this is a bad one 2011)

You are completely clueless. The definition has been provided to you from multiple sources. You're wrong. Pity you're not capable of realizing it.

[Snatcher]

IMO the nominal value is currently $ .00086 of a U.S. dollar. If they lift the 3 zero's from the nominal value it would go to $ .86 !!!

What Does Nominal Value Mean?

The stated value of an issued security that remains fixed, as opposed to its market value, which fluctuates.

Investopedia explains Nominal Value:

When referring to fixed-income securities, the nominal value is also the face value. When referring to capital goods, nominal value is also referred to as "book value".

Nominal value = face value. This isn't really subject to debate, that's what nominal value means. They're taking three zeros off the face value of the currency.

http://www.thefreedictionary.com/face+value

1. The value printed or written on the face, as of a bill or bond.

Taking three digits off the face (nominal) value of a currency does not mean exchange rate, and it does not mean RV. I think everyone can guess what it does mean.

Yes they are going to removing the 3 zeros from the new currency being printed.But they cannot remove them from the currency that we hold it will be worth face value.