Iraqi Dinar Discussion Board

[Sunnybank]

Not a terrible scenario IMO.

4-26-2015 Newshound Guru Enorrste I misspoke in saying that it would be $1 to 1 dinar when the notes are issued. [reference Enorrste's post 4-25-2015] What I meant to say is that WHEN it gets to $1 per dinar then these notes would be worth $50 and $100 respectively as Saleh said in 2011. The error is mine. ...the smaller notes will come out as needed, as the value rises. Since a 25000 note will be worth $2500 at 10 cents per dinar it is clear that the removal of the large notes will occur even before then. This means that the smaller notes, including the 50 and 100 talked...will have to come out well before $1 per dinar, and probably as low as 10 cents per dinar, when they would be worth $5 and $10 each. Then they would rise to an "eventual" value of $50 or $100 according to Saleh. Of course we believe it will go even higher eventually.

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