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 Delta: "THIS IS HOW WILL GET ALL 3 ZERO NOTES FROM IRAQI...BRILLIANT PLAN..."

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RamblerNash
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PostSubject: Delta: "THIS IS HOW WILL GET ALL 3 ZERO NOTES FROM IRAQI...BRILLIANT PLAN..."   Wed Sep 12, 2018 11:55 pm

Delta 



Article quote:  "The Central Bank to develop a plan to compensate the market small categories of local currency, as will be next month large quantities of huge ones," noting that "these quantities will meet the need of the local market for those categories of currency."  ...A LOT OF THE THEM...SMALL NOTES...THIS IS HOW WILL GET ALL 3 ZERO NOTES FROM IRAQI...BRILLIANT PLAN...


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PostSubject: Re: Delta: "THIS IS HOW WILL GET ALL 3 ZERO NOTES FROM IRAQI...BRILLIANT PLAN..."   Thu Sep 13, 2018 1:09 am

The 3 zero notes (and the 4 zero notes like the 10,000 and 50,000) will only be returned to the CBI when they carry out their reform plan via redenomination along with the other denominations.  Brilliant plan?  No.  It's been done dozens of times the same way as Iraq has proposed.  It's pretty much standard operating procedure to lop when zeros have been added to the currency due to the effects of hyperinflation.

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Delta: "THIS IS HOW WILL GET ALL 3 ZERO NOTES FROM IRAQI...BRILLIANT PLAN..."
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