Militia Man

We have heard too much noise for too many years.  Removing zeros from the notes is a unit cleanup…It makes the number smaller.  It does not by itself raise what a dinar buys.  A managed real rate adjustment is a different tool.  That is the central bank and the gatekeepers setting a more honest official price against the dollar based on reserves, trade, inflation and whether the formal system can hold the line.  The 2023 rate change showed the [CBI] board can move the official rate…without waiting on a multi-year note swap. :Militia Man