Breitling [Post 1 of 2…….]

    LOP…people that are smart, economist, get this wrong.  The underlying definition is hyperinflation.  How do people fight it?  By removing the zeros.  Nothing wrong with that.  It’s smart.  But it’s hyperinflation.  People will point out incorrectly, look at Iraq…The best analysis I’ve read is that it [the dinar] was worth at it’s height 2.25 to the U.S. dollar…Iraq has never had a customer problem.  That’s where you find the hidden value in this investment.  It’s not hyperinflation…