Adam Montana: They can drop the 0's from the exchange rate OR from the currency.
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Adam Montana: They can drop the 0's from the exchange rate OR from the currency.
Adam Montana
[...what three zeros are they likely to "drop?" The 25,000 IQD becomes 25 IQD, or .00086 valuation becomes .86?...] The shorter answer is they talk about dropping 0's all the time - some of it is misinformation, the rest is just confusing. They can drop the 0's from the exchange rate OR from the currency. One is an increase in value, the other is a lop. Another possibility that can happen simultaneously is an introduction of a new currency, concurrent usage with the currency now in circulation, and a gradual (timed) removal and expiration of the now current currency. None of those situations are bad, but two of the examples are good while the third is neutral.
05.23.2020
[...what three zeros are they likely to "drop?" The 25,000 IQD becomes 25 IQD, or .00086 valuation becomes .86?...] The shorter answer is they talk about dropping 0's all the time - some of it is misinformation, the rest is just confusing. They can drop the 0's from the exchange rate OR from the currency. One is an increase in value, the other is a lop. Another possibility that can happen simultaneously is an introduction of a new currency, concurrent usage with the currency now in circulation, and a gradual (timed) removal and expiration of the now current currency. None of those situations are bad, but two of the examples are good while the third is neutral.
05.23.2020
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» Adam Montana claimes The CBI has to be able to maintain control of the exchange rate,
» Adam Montana says -- If the 0's are removed from the exchange rate, it's a whole different ball game.
» Adam Montana: "...and that's what we need to open the path for an increase in the exchange rate" 12/19/19
» Adam Montana: "Rate change - done, overnight. A flick of the switch, and ...the rate changed" 12/31/20
» Adam Montana we will have at least 90 days to exchange once it RV's
» Adam Montana says -- If the 0's are removed from the exchange rate, it's a whole different ball game.
» Adam Montana: "...and that's what we need to open the path for an increase in the exchange rate" 12/19/19
» Adam Montana: "Rate change - done, overnight. A flick of the switch, and ...the rate changed" 12/31/20
» Adam Montana we will have at least 90 days to exchange once it RV's
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