Pimpy

Pimpy – Dinar Guru  So will they continue to use the 50 and 25,000 dinars to do large bank transactions?  Of course that’s possible.  Will the dinar note look the same as we know today?  Heck no.  Those notes will no longer be any good.  He’s mixing two things up.  He’s talking about the banknotes where they delete the zeros or LOP off the zeros and the exchange rate… Wikipedia Quote:  “Redenomination itself is considered symbolic as it does not have any impact on a country’s exchange rate in relation to other currencies.  It may however have a psychological impact on the population...”  So it has nothing to do with the exchange rate.   [Post 2 of 2]

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