Friday, October 4, 2024

RV UPDATE BY MILITIAMAN, 5 OCT

 Militia Man 

 Article:  "Central Bank Governor: New mechanism for financial transfers to Türkiye in euros launched

The amount of coordination that must be on going behind the scenes must be intense now.

 If you're going to create value, you're going to have to have smaller denomination and you likely will have to have  coins.  There's no need for coins if you do a lop.  There's none.  They will not ever do that and the reason why is because how in  the world could you get by with a one note and the value of it at .0007.  Come on.   

...Remove the zeros...it's not to diminish the value of the currency or to keep the currency the same as you might hear from others.

 They're talking about international.  I can't stress that enough...They're going to need an Article VIII complaint, Article XIV compliant currency with the IMF.  They're going to have to agree to those obligation and that would mean a change of exchange rate to a Real Effective Exchange Rate.  

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