The 24 Trillion removed is what has been bought back over the years at the auctions. they put it right back into circulation. They still have a M1 number of 40 Trillion and an M2 number of almost 50 Trillion now.
No way it will RV. It will lop just as they have been saying for years it will. Early 2011 probably... as long as the Gov is settled.
Wayne... lop if just a slang term. It called redenomination or rebase. Just because an article doesn't say lop means nothing.
Look at the UNC study that I have linked many times. It is a study of all of the lops, redenominations in the last 30 or so years. Search for the word lop in it. It's not in it once. so by your reasoning that paper is not about lops.
Dow Jones Newswire: A current 25,000 Iraqi dinar banknote will become IQD25, and a dollar will equal only 1.17 dinars.
