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Breitling: "If you go buy a coke at a tenth of a penny [Or 1450 dinars] and the value goes up because there's a revaluation or they just simply corrected their currency - they're just going to move the decimal over" 4/18/21 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Breitling: "If you go buy a coke at a tenth of a penny [Or 1450 dinars] and the value goes up because there's a revaluation or they just simply corrected their currency - they're just going to move the decimal over" 4/18/21

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Breitling: "If you go buy a coke at a tenth of a penny [Or 1450 dinars] and the value goes up because there's a revaluation or they just simply corrected their currency - they're just going to move the decimal over" 4/18/21 Empty Breitling: "If you go buy a coke at a tenth of a penny [Or 1450 dinars] and the value goes up because there's a revaluation or they just simply corrected their currency - they're just going to move the decimal over" 4/18/21

Post by RamblerNash Sun Apr 18, 2021 9:13 pm

Breitling  

Let's do a thought experiment.  Let's say you live in Iraq and you have a certain amount of currency.  They are not going to gain like you and I are.  Because we bought with U.S. dollars. That means we bought it at a tenth of a penny.  Well their economy is set up at a tenth of a penny.  In other words they didn't pay anything.  The currency was just given to them.  If you go buy a coke at a tenth of a penny [Or 1450 dinars] and the value goes up because there's a revaluation or they just simply corrected their currency - they're just going to move the decimal over.  Now it's just a dollar.  So now you have the currency that's a dollar and a coke that has the price tag that's a dollar...There's going to be a little bit of gain for them but not like you and I are going to get because we bought with the U.S. dollar.  That's a principle you have to understand.
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