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Frank26 says there will be a PHASE 2 with a second rate change higher than 1 to 1
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Frank26 says there will be a PHASE 2 with a second rate change higher than 1 to 1
Frank26
Phase 2 - a second rate change...higher than 1 to 1? Yes. [IHO] $1.45...how long will it take to collect the 3 zeros before the citizens have a second rate change increase? I don't know...IMO it's the same amount of time that they gave them to turn in the 50 dinar note...Is that second rate increase only domestically or domestically and international? It's for both sides.
I'll say this, when they do reach that benchmark, we walk into phase 3...conclusion...an area which we say all 3-zero notes that have been withdrawn from circulation allows them to finish their monetary reform and establish REER. 1 to 1 is not the Real Effective Exchange Rate and nor will [phase 2's possible $1.45] IMO. This country is too powerful. I have no idea what this [REER] is...
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