Thursday, April 18, 2024

"RV UPDATE" BY PIMPY, 18 APRIL

 Pimpy 

 There's more than just paying attention to what's going on in Iraq.  When your own country is trying to provoke World War III it makes it a little hard to focus on whether or not the Iraqi dinar is going to revalue...

You've got Iran bombing Israel.  We're just waiting for Israel to retaliate.  That's just going to provoke things even further along.

  [In a LOP]  The only thing that changes is the bank notes themselves...You're not changing the value of the currency.  A 25,000 dinar is going to have value as a 25 dinar.  They're just going to lop the zeros off.  Debt is still going to be the same, your paycheck is still going to be the same.  The only difference is when you go to cash your check, the dollars [dinars?] they give you back are going to look different if they lop off the zeros.

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