Article: “Small denominations of the Iraqi dinar reveal a negative indicator of the money supply… An expert explains with figures”
Quote: “According to data from the Central Bank of Iraq …the total number of banknotes issued increased from about 5.8 trillion banknotes in 2022 to 6.3 trillion banknotes in 2026, which led to an increase in the per capita share of banknotes from 120 banknotes to 141 banknotes, raising their total value per person from 1.8 million dinars to 2.51 million dinars…
the 50,000 dinar…
as the number of issued notes jumped from 319 million notes in 2022 to more than 941 million notes in 2026…
the prominence of large groups is an economic indicator that most of this money is going towards hoarding outside the banking system instead of circulating in the economy…
The failure of small groups to grow in proportion to the size of the total money supply…necessitates a comprehensive review of monetary policy” : Clare
