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Lamplighter · 11-01-2013, 07:51 AM

Sounds as tho it's time for "devaluation"

Didn't one of the South American countries do that back in the 70's or 80's.
I think they just declared their currency was only worth 1/100 face value
or something like that, and went on about their business using 1 bill instead of 100 bills.
Maybe it was the other way around, where 1 bill was worth 100 times more.

I've got no pics, so maybe it never happened.

11-01-2013, 07:51 AM	#6
Lamplighter Person who doesn't update the user title Join Date: Jun 2010 Location: Bottom lands of the Missoula floods Posts: 6,402	Sounds as tho it's time for "devaluation" Didn't one of the South American countries do that back in the 70's or 80's. I think they just declared their currency was only worth 1/100 face value or something like that, and went on about their business using 1 bill instead of 100 bills. Maybe it was the other way around, where 1 bill was worth 100 times more. I've got no pics, so maybe it never happened.