Quote:
Originally Posted by Chief  good proposal CPL, however this should be complemented by a similar strategy for the prices of goods or else its more n more inflation. u remember in europe when they shifted to the euro currency, they only changed the unit of the prices of good, hence 1FF (for ex) was equal to 1 euro and that is still creating problems |
What is our inflation rate? Does anyone have a graph or something?
Either way Chiefo, it's still good to divide by 1000, and when inflation goes higher 1000 times more later, then we divide again by 1000.
I mean if now a banana costs 1,000 LL, it's better for it in 15 years to cost 1,000 NLBP instead of 1,000,000 LL (a USD Millionaire would have then 1,500,000,000,000 LL)
And for sure we don't want to end up like this:
The whole point is for comfortability, as it helps along the way.