Redenomination of Rupiah Plans Revived.

[Vanhelsing]

The government has expressed its support of Bank Indonesia’s (BI) proposal to revive plans to redenominate the rupiah, but has yet to decide how many zeroes will be removed from the currency.

“If three zeroes are removed, [the resulting figure] is familiar to many people; if you eat at a restaurant and see 40.00 on the menu, that means the price is Rp 40,000 [US$3],” he explained.

Darmin said the transition period for redenomination would be one to two years, while the entire process would take six to seven years....

http://www.thejakartapost.com/news/...orts-bis-proposal-to-redenominate-rupiah.html

 

[Asun]

Damnit, can't even feel like a millionaire in Indonesia anymore.

 

[Davita]

Damnit, can't even feel like a millionaire in Indonesia anymore.

If I had a dollar for every time I've heard this redenomination story I'd be a millionaire.

 

[waarmstrong]

I am reasonably certain I will be dead before it happens, actuarially speaking.

 

[Daniel50]

I had a dollar for every time I've heard this redenomination story I be a millionaire.

I am happy to hear you are a millionaire based on getting a dollar every time you have heard this story.

 

[Davita]

I am happy to hear you are a millionaire based on getting a dollar every time you have heard this story.

It's elementary my dear Watson...I must have heard it a million times!....sadly, no-one has yet come up with the money...

 

[ChrisTex]

It's elementary my dear Watson...I must have heard it a million times!....sadly, no-one has yet come up with the money...

Here you go Davita. Sorry I don't have a printer so I can't hand it to you.

 

[Davita]

Thank you Chris...most generous. I have a printer and did a copy/paste and made a few of those. I'm rich!...

 

[vocalneal]

I still have somewhere a couple of old plastic Indonesian banknotes with Megawati"s ? (spelling) picture on them.

 

[ChrisTex]

I think if you go to Zimbabwe, you can be a trillionare.

 

[waarmstrong]

Going to ZImbabwe versus remaining in a present state of poverty? Kind of like a Trump versus Clinton question.

 

[ChrisTex]

Going to ZImbabwe versus remaining in a present state of poverty? Kind of like a Trump versus Clinton question.

No, I was just referring to there being a currency note being a trillion.

 

[waarmstrong]

I understood what you meant; just chose not to take it so literally.

 

[Davita]

Seems I've heard this redenomination story a million and one times already....and still nothing......

http://www.thejakartapost.com/news/2017/07/27/redenomination-not-in-near-future-jokowi.html