[Iraq boots-on-the-ground report] FIREFLY: They are now talking on News Channel One how we need to print a note lower than the 250 notes that we have now. Something like a 50 note. They are suggesting that would in long term lower the prices of food and goods having lower denomination notes… FRANK: This is the new national currency we have been telling you about…it’s going to start with the lower notes…The program rate cannot function with the lower notes but they are introducing them to you? Remember when they got rid of the 50 note a few years ago? …They got rid of them because they were pointless at a program rate…Now they’re going to give you something under the 250? …because they’re going to change the exchange rate…things are coming together very nicely…
