Apparently, every time a currency falls victim to hyper inflation, sooner or later the country is gonna introduce a new currency to solve the problem.
But how does that help? If let’s say the us dollar lost 90% of it’s value every day, and you introduced a new currency, one of which is equal to 5 us dollars, wouldn’t that new currency, as it’s value is bound to the dollar, instantly lose 90% of it’s value every day as well?
In: 712
it doesn’t actually help. they just want you to think it does, to increase trust in the government again.
it theoretically decreases it if people do not manage to change their money into the new one, or if they tax it or make the exchange rate bad
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