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ROARING INFLATION & NEW FIAT CURRENCIES…Q&A with LYNETTE ZANG & ERIC GRIFFIN

ITM Trading Podcast

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What Does Lopping Off Zeros Mean?

Inflation is when prices go up and up and up, right? So like so what happens is they thereare so many zeros, you're going to buy a pack of gum, but it's going to cost you a million dollars for that pack of gum. And so then all confidence is lost in the currency. The lopping off just makes the denomination smaller.

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