Parliamentary finance warns of financing policy through the cash issue

[dinarham]

  If they want to join first world countries  and have ATM's available they are going to need at least $50's and $100's . Does a gold backed currency neccesarily mean cashless?

[screwball]

18 hours ago, 3n1 said:

 

Hmmm, either this person is describing printing new notes higher than the 25K note currently in iraq , " the new monetary issuance will lead to high prices and a lower purchasing power ( per the article ) " ... IMO issuing the new Low denoms will have to be released with a new higher exchange rate in turn increases purchasing power for the iraqi ...

im probably way off though I'll keep checking the magic 8 ball , so as usual we wait .. cheers dv'ers

Exactly 

[dinarham]

  If they want to join first world countries  and have ATM's available they are going to need at least $50's and $100's .  The issuance of lower denoms means it's rv time .

[keylime]

6 minutes ago, dinarham said:

  If they want to join first world countries  and have ATM's available they are going to need at least $50's and $100's .  The issuance of lower denoms means it's rv time .

"Release the Kracken!" er...I mean "...the lower Denoms!!!"

[dinarham]

The way the value of dinar stands , those ATM machines would have to be bigger than a barn .