Who cares "how many pieces of paper" exist verses the "money supply" LOL
This whole thing spammed by "gurus" about the 50K note bla bla bla and the justification of reducing the number of pieces of paper out there - whatever
6-21-2015 Newshound Guru Kaperoni IMO if they issue the 50k notes the clock for currency reform has then started. Why? Because they will reduce the note count by 50% (over a period of a few months) and that means they are in a position to begin the process to delete the zeros. If they don't, IMO it would create a new set of monetary policy concerns. Especially since they said they will destroy the notes exchanged for this new larger note. There is no go back at that point. I still hold out hope the 50k comes out sooner than later...but if we have to wait to mid 2016 to see the dinar begin to rise, so be it. ...they have made it very clear these notes will not just exist in the money supply...they are for purchase. Meaning you will have to give up two 25k notes to get one 50k. of five 10k notes, etc. this will not reduce the money supply, but will substantially reduce the amount of paper.
When my time on earth is gone, and my activities here are passed, I want they bury me upside down, and my critics can kiss my ass! Robert Montgomery Knight - The General
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