Mnt Goat
Article: “DELETE ZEROS AND EVALUATE THE DINAR“ this...new article...by Ali Daadoush, the Iraqi economists... is concentrating on the revaluation part giving examples of countries that recently revalued and how it worked.
The part that sparked my interest the most was...quote: “After the revaluation, it was linked to a basket of global currencies.”
He was referring to the Chinese government Yuan and its revaluation of its currency in 2005, which was then linked to the US dollar prior to the revaluation.
However, after the revaluation, it was linked to a basket of global currencies...I believe he is telling the citizens of Iraq that this also is what will occur to the IQD when it too revalues soon.
