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sportfisher

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sportfisher

Re: Aerospace post# 23945

Tuesday, 04/06/2010 8:29:19 PM

Tuesday, April 06, 2010 8:29:19 PM

Post# of 29692
OK, Mr. Iraqi merchant takes his deposit to his local private bank, he deposits 2 million dinar cash into his business account, he gives them 1 mil in 25k notes, and 1 mil in various smaller denoms, his bank recieves his 2 mil dinar deposit and credits his account accordingly. The private bank takes the 1 mil in 25k notes to CBI and is given in exchange 1 mil of various smaller denoms (this is not a LOP scenario) The CBI then destroys the 25k notes, thus reducing total cas money supply.

Does anybody know how many 25k notes were printed?
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