Adam Montana feels it is impossible for Iraq to "void" the current notes

by **Ponee** Thu Jun 05, 2014 9:48 pm

6-5-2014   Newshound Guru Adam Montana

[When Iraq is ready to enter the "big time economy", what's stopping them rom printing NEW currencies thus rendering the Dinar that we hold nothing more than confederate money?] Actually, I think they WILL print "new currency" - and they will give everyone a window to exchange old-to-new. My best guess is a 6 month window.   There would be no way they could simply "void" the current notes we hold.

[Is it important to try and get smaller then 25,000 Dinar or can I trade large denominations Dinar for smaller?]   all notes will be honored when it's time to exchange them, and they won't change the value of one note but not another. All notes in the current series will be affected equally.

by **Kevind53** Sat Jun 07, 2014 5:45 pm

I think they already have a market economy, they do not need to print new money to get there. They already told us that they are printing new money to replace the worn out bills with more durable and secure currency. They also told us that the new and old will circulate concurrently with the old being removed as it becomes unserviceable.

Adam Montana feels it is impossible for Iraq to "void" the current notes

Adam Montana feels it is impossible for Iraq to "void" the current notes

Re: Adam Montana feels it is impossible for Iraq to "void" the current notes