rockfl9 Posted April 19, 2019 Report Share Posted April 19, 2019 Didnt take long for the GooooRUS to twist a simple announcement into a form of preannounce of an RV/RD! Truth is Iraq is a cash economy. Merchants dont have POS and cc readers like we have here , they must make change in cash. The only thing this announcement means is that they are getting tight on available small notes . They dont have coins that last a long time . The small notes are folded and handled carelessly so they wear out fast. Inability to make change will shutdown a small business. All this special window does is allow a merchant to send employee with a couple of 25K notes to this window to get a quick handfull of smalls to keep his business going .. THAT's ALL. Note however that every note , even the smallest costs 6 cents ( that's 72 dinar) to replace !!!! That is an expense to the CBI. That is why the 50 note is gone. The 100 will be next. 1 1 Quote Link to comment Share on other sites More sharing options...
bostonangler Posted April 19, 2019 Report Share Posted April 19, 2019 Whoa dude, you're going to rubied to death for expressing your opinion and logic. B/A 1 1 Quote Link to comment Share on other sites More sharing options...
cranman Posted April 20, 2019 Report Share Posted April 20, 2019 That's what I was thinking too. Unfortunately the small note are equivalent to our coins. Can't dispute your reasoning. When coins come out then I will be excited. That being said, it doesn't hurt to have fresh low notes out there already circulating when/ if the coins come out. No ruby from me. 1 Quote Link to comment Share on other sites More sharing options...
new york kevin Posted April 20, 2019 Report Share Posted April 20, 2019 4 hours ago, bostonangler said: Whoa dude, you're going to rubied to death for expressing your opinion and logic. B/A I wanted to ruby you as a spot of gamesmanship, but I just couldn't. I agree with the Rocks statement bigly. Peace BA. Have a great weekend. 2 Quote Link to comment Share on other sites More sharing options...
bostonangler Posted April 20, 2019 Report Share Posted April 20, 2019 15 hours ago, new york kevin said: I wanted to ruby you as a spot of gamesmanship, but I just couldn't. I agree with the Rocks statement bigly. Peace BA. Have a great weekend. Thanks Kev enjoy your family this weekend. I agree with Rock too. It does make sense. I also agree with cranman… If coins show up excitement will follow. B/A 1 Quote Link to comment Share on other sites More sharing options...
rockfl9 Posted April 20, 2019 Author Report Share Posted April 20, 2019 19 hours ago, cranman said: That's what I was thinking too. Unfortunately the small note are equivalent to our coins. Can't dispute your reasoning. When coins come out then I will be excited. That being said, it doesn't hurt to have fresh low notes out there already circulating when/ if the coins come out. No ruby from me. Thanks Cranman. Coins would be a sign that the CBI has locked in a rate. The key category would be the one dinar coin . It would be a big commitment . A penny costs our mint over 2 cents to make and that is only because of the mints superior efficiency. I dont see dinar coins comming for a while. 1 Quote Link to comment Share on other sites More sharing options...
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