Pimpy

  In Pimpy's Investment Chat 

There’s nobody from an official capacity who said, ‘Hey, we’re going to be swapping lower denominations for higher denominations.’ That usually happens when we do what’s called a LOP. That’s when they knock the 3 zeros off the dinar, not the rate exchange, the dinar. That’s devaluing the dinar. In other words, on million dinar all of sudden becomes worth a thousand in ours [dollars] because they took 3 zeros off. That’s not a good thing. I never seen an official announcement that lower denomination were coming out yet. I do know for a fact that they exist. I got confirmation on that and I was allowed to share that information…It’s just a matter of when. That’s what everybody has been waiting for.

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