Jeff

Jeff – Dinar Guru   This article is from Father’s Day of 2021 and is by the financial advisor Salih (former #2 guy at the central bank under Shabibi) “Monetary systems aspire to remove the burden of historical inflation from the folds of the monetary unit by resorting to deleting 3 zeros from the old currency to equalize new currency with lower numbers but with the same value.”  He’s talking about 2 currencies coexisting together with the same value.  The same value being pegged against a foreign currency such as the US dollar…They’re going from larger 3-zero notes down to single digit notes, probably nothing above 100 plus coins.  That’s because their inflation is very very low…around 3%.

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