MarkZ   

[via PDK]  The Deleting the zeros project is back in major conversations in Iraq. I want to make certain you all know how that process works. They raise the purchasing power…they increase the purchasing power of the dinar. Then they issue lower denominations.  They do not just chop off the zeros…..but using the large 3 zero notes would become unwieldy. They have been very clear on this from government documents, Sudani and Shabibi.