wmawhite

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The need for a particular type/size of currency is directly related to the costs of goods in a country. The value of the country’s currency directly affects the costs of goods in that country.

So the size of the currency is indirectly related to the value of the currency.  I have been trying to get folks to stop getting hung up on the size of the currency because, we will be Loooong Gooooone by the time all of the notes (LDs) are distributed because the new value of the IQD will need many many months to work its way through all of the Iraqi economy.

Iraq is joining the world economic markets not the “in-country exchange window” market. Please stop thinking that [what] Iraq does in-country has anything to do with the world markets.

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