Russia, Turkey, Afghanistan, Mexico, and other have already done it. Venezuela and Zimbabwe are the latest to announce plans to do it. I sure they all had legal tender. This is not a new thing I’m amazed that someone could be invested in a currency with such large denominations and with such a large M2 figure and not seem to be aware of the possibility of a currency reissue/zero lop. It happens all the time. Actually the current minister of finance suggested that Iraq do it about 8 or 9 months ago. The head of the CBI didn’t want to and stated the plan had been set aside FOR NOW.
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