Tim... I never said that's what would happen. I simply said it could be a worse case scenario. And I still think that.
There have been two seperate articles out where they have stated they will go from about 20 trillion down to about 15 billion.
How else do you explain that?? A true 3 zero lop with all currency exchanged would be 20 Trillion reduced to 20 Billion. How will they reduce it the extra 5 billion? The only thing I can think of is they don't plan on having to exchange all of it.
If you have another explanation, I'd love to hear it.
Dow Jones Newswire: A current 25,000 Iraqi dinar banknote will become IQD25, and a dollar will equal only 1.17 dinars.