Mountain Goat – Dinar Guru Article: “THE CENTRAL BANK OF IRAQ IS DISCUSSING REMOVING ZEROS FROM THE DINAR.” Economically, there is a fundamental difference between removing zeros and raising the value of the Iraqi dinar. Removing zeros is essentially a process of renaming a currency, converting large nominal values into smaller monetary units. For example, if three zeros are removed, 1,000 dinars might become one dinar of the new currency, with a similar conversion occurring in prices, wages, deposits, debts, and contracts. This means that removing zeros does not in itself create new wealth or increase the purchasing power of the citizen. [Post 1 of 2….stay tuned]