Pimpy

Pimpy- Dinar Guru  When I talk about lopping off the zeros, they’re talking about take it off the nominal rate [the numbers on the notes]... They’re not losing any purchasing power.  25,000 times the currency exchange rate .00076 equals $19.  If you take the zeros off, and that includes the exchange rate, 25 times .76 is still $19.  They haven’t lost any purchasing power whatsoever.  The only thing that’s changed is the nominal value.  The [numbers] on the currency is called a nominal value…They still have purchasing power whether it’s a 25 dinar or 25,000 dinar…because they take the 3 zeros off the currency and it comes off the exchange rate.  That’s how they maintain their value.

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