View Single Post
  #3  
Old 11-06-2006, 07:01 PM
FortunaMaximus FortunaMaximus is offline
Senior Member
 
Join Date: May 2006
Location: Golden Horseshoe
Posts: 6,606
Default Re: Economics: Removing Zeros from Currency Causes Inflation?

Psychologial, I suspect. It's been tried in Mexico, and Russia.

I'm not sure the inflation isn't simply already on an upswing when this measure is done anyway. In the case of those two instances, it was an runaway inflatory effect, IIRC.
Reply With Quote