HCL To Begin Paying Out To Iraqi Citizens Starting On 5 Sep.

[Luigi1]

Luigi found this article of Dinarian interests...

The commentators explain why Iraqis are more concerned about HCL than the rate change.

This should help clear up some of the confusion between the HCL & the RV.

The rate change will benefit those Iraqis out of country the most.

HCL will affect those in country with a pay check every month from oil revenue sales.

The rate change will only change the purchasing power of  Iraqis in country.

 

 

16/8/2018  KTFA...

God Lover: 

Quick question or two. We had read that the citizens will start receiving oil revenue profits (HCL) September 5th. We have also seen many entities being paid, assuming at current rate. With that said, why are some thinking that if the rate does not change prior to Sept. 5th, it would cause anger from the citizens? Just trying to understand how that event is any more significant than previous?

Happy Golfer: 

I think I can touch the surface on this one they are a proud country, a rich country Iraq needs this ri for it’s psychological well being, Iraq’s are winners IMO

Harley1: 

The citizens aren’t concerned with the rate change as it will not directly affect them. Their concern is with the value of their currency, ie it’s purchasing power which impacts their quality of life.

The income they will derive from the HCL is like a paycheck from the country’s sale of oil, and I suppose you could say that an increase in currency value or purchasing power is like a big fat pay raise.

These are the things they would get upset about if they don’t happen. We hope they happen together and our studies lend credence to that hope.

Will one happen before the other or will they happen together? Who knows. But again, the rate (exchange rate against USD) does not concern the citizens.

Think of it this way….if the USD’s exchange rate against the Euro tripled tomorrow you’d never know it nor would you care. But if inflation in the US rose to 1000% and milk cost you $36 a gallon and bread was $25 a loaf, you’d be upset if the promise to resolve it didn’t come through amidst a corrupt government being ousted and new monetary reforms being put into play.

This is a very simplified version of where Iraq is, IMO of course.

The citizen’s blessing comes from the oil paycheck via the HCL and the increase in value of their currency. OUR blessing comes from the increase in the exchange rate against the USD.

I hope that helps.

[murd11]

Sounds good, but you have been so full of monkey dung for so long, or your informants have been, that anything you say is unbelievable. 

[jg1]

18 minutes ago, Botzwana said:

Luigi has no informants Murd.  All he does is copy and paste from 2 well known dinar sites.  That is it.

I know but if you state the obvious, people will come down on you and state,,,,, it's funny 🤣 or it's a free country🤗 or why you so mean 😦, soooo people post to the BS and his posts stay right on top to amuse and frustrate and stir the pot. Ok, went to the top again. Lol.