I know this has been discussed before and its has been awhile and I do not remember the answer. Why do we feel that the three zeros will just be deleted like they did in Brazil? Not bashing at all just looking for an honest answer. When Brazil revalued from my understanding they basically said one new note would be worth the same as a much higher note. Why is it we feel like Iraq cannot do the same thing and say a 10 Dinar note is now worth a 10k note? Thank you for any insight
- New Member
- Posts : 1
Join date : 2011-08-27
Iraq does not have the inflation rate Brazil had. Plus Brazil does not have the GDP of Iraq.
The inflation is the thing that Dr. Shabibi is worried about, besides Maliki that is.
Being defeated is often a temporary condition. Giving up is what makes it permanent.
Marilyn Vos Savant
Yesterday would have been better, but today is a good day
Remember as always, JMHO
Rantings from just north of sixty
- Elite Member
- Posts : 4668
Join date : 2011-06-21
Age : 40
Location : Planet far far away
Permissions in this forum:You cannot reply to topics in this forum