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<p>[QUOTE=&quot;Conder101, post: 263800, member: 66&quot;]Just revalue the US dollar like many countries have revalued theirs and chop off two zeros $100 would equal N$1 This makes gold N$6.50 per oz.&nbsp; Then you can strike a one oz&nbsp; N$20 double eagle.&nbsp; Bullion fluctuation would not be that much of a problem because it would have to rise to 2 1/2 times the current value to reach the face value of the coin.&nbsp; The nice dinner for the large family mentioned in the first post now costs N$0.50</p><p><br /></p><p>The cent can continue to be made because N$0.01 has the same purchasing power as the current $1&nbsp; Penny candy is BACK and in fact you get two candy bars for a Ncent.</p><p><br /></p><p>What many people would consider the downside is that incomes would seem to go down.&nbsp; Somone making $40,000 per year would now only be making N$400 per year.&nbsp; Minimum wage goes to N$0.07 per hour.&nbsp; Bill Gates would now only have a net worth of N$500,000.00&nbsp; But the poverty level drops to N$200 per year and you taxes expressed in N$ drop to just 1% of what they were last year in $.</p><p><br /></p><p>What does tis really mean? Nothing.&nbsp; You would still work just as long and be able to buy just as much as you can currently and pay in real terms just as much in taxes.&nbsp; You just use smaller numbers.&nbsp; But if you want you can have gold and silver coins again.[/QUOTE]</p><p><br /></p>

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