Mnt Goat
They are telling us they must get these hoards of cash inside the banks... nearly 90% of the cash dinars are still outside the banking system...
So, this step is FIRST to concentrate on the in-country dinars. Next they are going to come after the out-of-country dinars...
I asked my CBI contact- does this also include our dinars, held outside Iraq with investors?
... I was told YES...if they don’t’ retrieve these dinars in-country first, before the revaluation...there will be too much in the money supply and hyper-inflation will occur... she told me...They would first retrieve these hoards then, by revaluing the dinar in-country, then bring out the lower denominations.