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G-Lin "A Change in Value is What We are Looking For" 8/11/17
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G-Lin "A Change in Value is What We are Looking For" 8/11/17
by roxy22222222 Fri Aug 11, 2017 9:04 pm
"Report: Electronic payment removes the "dinar" from the pockets of employees" Quote: "The salary of the employee will be 2000 Iraqi dinars (less than two dollars), regardless of its value." Well to me it is saying that there may be plans for a different value for the dinar. At todays rate of 1260 they are getting $1.59 for 2000 dinars. If that changes to a 1 to 1 they would receive 2000 dinars worth a lot more in purchasing power than that $1.59. In Iraq 2000 dinars will always be 2000 dinars. A change in value is what we are looking for of course. That 1 to 1 means something totally different to in-country versus what it means to us. We be dancing in the street. I just liked that they said " regardless of value." I can't imagine the value going anywhere but up. All JMO.
roxy22222222- GURU HUNTER
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