As far back as 2012, the plan didn’t include the 50k, that’s a new change that came up in the recent past.
I’ve got reports from the Ministry of Planning, a report to the Special Inspector General for Iraq Reconstruction, a report that’s submitted to Congress saying the note was going to be worth 50k, not a 50k itself.
I realize that’s not the plan, now. ISIL and the price of oil have gummed up the works and apparently, the only way they can get something done is to have the IMF come in and set things right, move to Article VIII and get some value added to the dinar. I just don’t believe it’s always been the plan.