MarkZ

  In MarkZ 

[Have you heard they are deleting the zeros?] This is how it has worked in the past-in all countries that have revalued…this is how its going to work this time…this is how it has worked in Kuwait…in Japan…in Germany…this is how it worked 3 times in the past in Iraq. They raise the value then they get rid of the bills that have all the zeros…its called deleting the zeros and everybody panics when they hear this…do not. Going through the articles over the last couple of weeks they talk about raising the value and then removing the zeros. So, the value goes up and the zeros go away. Let’s keep the math as simple as possible. Lets say the dinar goes to $1. That means your 25,000 note would be worth $25,000 dollars.