Pimpy

  In Pimpy

People are getting confused…When they delete the zeros, they’ll change the currency.  It’s not the exchange rate.  That’s where the confusion is…If I have a 25000 dinar and I delete the zeros, now I have a new currency that comes out…They have the same value.   The nominal value is a number…25000…the new one says 25, but the exchange rate between these two currencies stays the same – 1 to 1.   What they’re saying is the 25000 dinar has an equal value of the 25 dinar.  That goes on for a little time until people trade in all the notes.  They’re not talking about against other currencies.