InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,265.06
(
0.03%
)
Post# of 29692
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Aerospace

Send PM Follow Ignore
Followers 2
Posts 1353
Boards Moderated 0
Alias Born 10/16/2006

Aerospace

Re: xilr8tn post# 20737

Thursday, 12/31/2009 4:01:56 PM

Thursday, December 31, 2009 4:01:56 PM

Post# of 29692
Happens all the time. A 3 zero lop will reduce currency by 99.9%
More than 70 countries have done exactly that since about 1960.

Time to repost this...
http://www.unc.edu/~lmosley/APSA%202005.pdf
Dropping Zeros, Gaining Credibility?
Currency Redenomination in Developing Nations

I don't feel stupid that I bought and held dinar for a while.
I was uninformed about currencies at the time. I feel a little foolish that i recommended dinar to a few people before I became informed... but I'm actually much more knowledgeable now because of my experience. It's how we learn.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up