12-2-2013 Newshound Guru Adam Montana
12-2-2013 Newshound
Guru Adam Montana [I'm very confused about Iraq coming out with a Brand New Currency rumor. Not the Currency that we
hold. Now, if they come out with a Brand New Currency are we going to be
screwed?] That's a normal occurrence when a country makes a major change
to their currency. Standard
procedure is to change the exchange rate, redenominate, and institute a
time frame in which everyone must trade old bills for new. After that time
frame, the old bills are no longer valid currency. There's nothing bad about
that.
