QFS Payments, Great Wealth Transfer, Crypto System, July 2026: Holly Celiano

QFS Payments, Great Wealth Transfer, Crypto System, July 2026: Holly Celiano

7-22-2026

The global financial system is undergoing a silent but monumental paradigm shift. For decades, international commerce has relied on legacy architectures established in the late 20th century—systems characterized by batch processing, multi-day settlement delays, and high intermediary costs.

 Today, however, a new digital financial infrastructure is quietly emerging. Built on the pillars of multi-chain blockchain technology, stablecoins, and artificial intelligence, this modern framework is transitioning global banking from slow, manual processes to a real-time, highly interoperable ecosystem.

This transformation is not happening overnight through a single centralized technology. Instead, it is a gradual, highly coordinated rollout of decentralized networks working in tandem with traditional institutions.

 By examining the integration of digital assets into everyday banking, the democratization of assets through tokenization, and the crucial role of AI in managing these complex systems, we can begin to see the outline of a truly modern global economy.

Great systemic shifts often begin far from the spotlight of official press conferences. In geopolitics, unconventional diplomacy has frequently paved the way for major realignments.

A prime historical example is the informal ambassadorship of figures like Dennis Rodman, whose visits to North Korea demonstrated how non-traditional, behind-the-scenes channels can break the ice between isolated nations.

Similarly, quiet cross-border financial negotiations—such as recent diplomatic and economic engagements in the Middle East—signal that the global monetary landscape is reorganizing behind closed doors.

This pattern of quiet, incremental preparation is highly visible in the financial sector today. While public debate often focuses on the volatility of speculative digital assets, global central banks, commercial institutions, and technology providers have been diligently constructing the rails for a new monetary system.

This parallel financial infrastructure is designed to coexist with and eventually modernize traditional banking, preparing the world for a seamless transition to digital-first liquidity.

Perhaps the most significant milestone in this evolution is the direct integration of stablecoins into traditional banking applications. Historically, accessing digital assets required navigating complex user interfaces, managing cryptographic keys, and utilizing third-party digital wallets. This steep learning curve kept many retail consumers and conservative businesses on the sidelines.

The integration of stablecoins like Zel directly into mobile and desktop banking apps changes the game entirely. By embedding digital cash directly into recognized bank portals, financial institutions are removing the traditional barriers to entry.

Users can now interact with dollar-pegged digital assets with the same ease as checking their savings balances. This integration serves as a foundational proof point for the scale of the new financial system, blending the security and familiarity of licensed banks with the speed and utility of decentralized ledgers.

At the heart of this upgrade is the concept of instant atomic settlement. Traditional international wire transfer systems, such as SWIFT, rely on a series of correspondent banks to clear and settle transactions, a process that can take several business days and introduce counterparty risk.

By leveraging real-time gross settlement (RTGS) protocols on blockchain networks, the Zel network and similar platforms enable bi-directional communication between sender and receiver. This allows transactions to be settled instantly and securely. Atomic settlement ensures that the transfer of an asset occurs only if the corresponding payment is successfully executed, eliminating settlement risk entirely. This capability vastly improves liquidity management for corporations and financial institutions, allowing capital to be deployed instantly where it is needed most.

Rather than a single, monopolized digital currency, the future of finance points toward a multi-chain environment featuring a diverse array of stablecoins. Today, we see a wide variety of tokens pegged to the US dollar but issued by different entities, including commercially backed tokens like JPM Coin, decentralized options, and widely accepted public stables like USDC and USDT.

This multiplicity of digital dollars reflects a decentralized and competitive financial ecosystem. The demand for diverse digital currencies is driven by both commercial interests and geopolitical realities.

For instance, multinational corporations and regional trade blocs seek monetary independence and customized settlement terms, prompting them to adopt bespoke stablecoins that suit their specific regulatory and operational needs. These varied tokens do not exist in isolation; instead, they operate across multiple blockchain networks, tied together by advanced routing and interoperability protocols.

Beyond daily payments, the new digital financial infrastructure is poised to revolutionize wealth management through the tokenization of real-world assets (RWAs). Tokenization is the process of converting ownership rights of a physical or financial asset into a digital token on a blockchain.

By enabling fractional ownership, tokenization democratizes access to historically exclusive investment classes. Investors no longer need millions of dollars to participate in commercial real estate or institutional bond markets; instead, they can purchase fractional shares corresponding to their budget. Crucially, public and private sectors are collaborating on this front. Government regulators are actively working alongside fintech innovators to establish compliant, secure frameworks that ensure tokenized securities meet strict legal and financial standards.

Operating a global financial system across multiple independent blockchains and legacy bank networks introduces immense complexity. This is where artificial intelligence (AI) and advanced orchestration platforms, such as Quant’s Overledger technology, become indispensable.

Quant acts as an enterprise-grade operating system that sits above various blockchains and legacy systems, allowing them to communicate without friction. Within this architecture, AI serves as an intelligent routing engine and compliance monitor.

Operating at speeds of thousands of transactions per second, AI algorithms optimize payment flows, detect fraudulent patterns, monitor liquidity levels, and ensure instant compliance with local and international sanctions. This intelligent automation ensures that despite the diversity of the underlying technology, transactions remain safe, efficient, and fully compliant.

The transition from traditional, batch-processed systems to instant, round-the-clock digital networks can be compared to upgrading from horse-drawn carriages to modern high-speed highways. The legacy financial infrastructure was simply not built for an era where information travels instantly.

Today’s emerging payment networks integrate various specialized rails—including Ripple, Stellar, and domestic instant payment systems like FedNow—to create a resilient, scalable, and highly redundant financial matrix. In this new paradigm, money behaves exactly like data on the internet: it moves globally, instantaneously, and continuously, regardless of weekends, holidays, or time zones.

The ongoing modernization of the global financial system is not a sudden revolution, but a highly sophisticated, gradual upgrade of our economic engine.

By combining the stability of traditional banking with the agility of blockchain networks, stablecoins, and AI-driven orchestration, the future of finance promises to be more accessible, secure, and efficient than ever before.

https://www.youtube.com/watch?v=7TDgiw3VjNA

https://dinarchronicles.com/2026/07/22/holly-celiano-qfs-payments-great-wealth-transfer-crypto-system-july-2026/

Seeds of Wisdom RV and Economics Updates Wednesday Afternoon 7-21-26

 Seeds of Wisdom RV and Economics Updates Wednesday Afternoon 7-21-26

Good Afternoon Dinar Recaps,

U.S.-Iran Conflict Expands as Dual Shipping Crisis Pushes Oil to Five-Week High

Military escalation between the United States and Iran is now disrupting two of the world's most critical energy corridors, driving oil prices sharply higher and increasing pressure on global inflation, trade, and financial markets.

 Overview

• Oil prices climbed to a five-week high after Iran-backed Houthis expanded maritime threats beyond the Strait of Hormuz to the Bab el-Mandeb Strait.

• President Donald Trump warned that future attacks on commercial shipping could trigger direct strikes on Iranian infrastructure, raising fears of broader regional conflict.

• The disruption of two strategic shipping lanes is increasing concerns over inflation, interest rates, and the stability of global energy markets.

Key Developments

1. Conflict Expands to Two Global Energy Chokepoints

The conflict has widened beyond the Strait of Hormuz, with Iran-backed Houthi forces announcing a naval blockade targeting Saudi Arabia and warning they could attack ships transporting Saudi crude through the Bab el-Mandeb Strait.

Together, these two waterways normally handle a substantial share of global oil and liquefied natural gas shipments. Shipping companies have already begun rerouting vessels, increasing transportation costs and delivery times.

2. Oil Prices Reach Five-Week High

Growing fears of supply disruptions pushed Brent crude above $95 per barrel, while West Texas Intermediate (WTI) also posted strong gains.

Energy analysts noted that physical oil markets are tightening as tanker operators divert around conflict zones and insurers raise premiums for vessels operating in the region.

3. Trump Issues New Warning to Iran

President Donald Trump stated that any future Iranian attack on commercial shipping in the Strait of Hormuz could result in immediate U.S. strikes against Iranian bridges, power plants, and other critical infrastructure.

Iranian officials responded that attacks on Iranian infrastructure would trigger retaliation against regional infrastructure, signaling another significant escalation in the conflict.

4. Financial Markets React

Energy markets immediately priced in greater geopolitical risk as crude oil advanced sharply.

Investors are also reassessing inflation expectations. Higher energy prices could place renewed pressure on central banks to maintain tighter monetary policy, despite recent improvements in inflation data.

Bitcoin traded lower as investors evaluated the potential impact of prolonged geopolitical instability and rising interest-rate expectations.

Why It Matters

The conflict is no longer affecting only one shipping corridor. Disruptions involving both the Strait of Hormuz and the Bab el-Mandeb Strait threaten two of the world's most strategically important maritime routes for energy exports.

If shipping disruptions continue, higher transportation costs and elevated oil prices could increase inflation worldwide, complicating central bank policy and slowing economic growth.

 Why It Matters to Foreign Currency Holders

Energy prices have historically been one of the strongest drivers of inflation and monetary policy.

Extended supply disruptions could delay interest-rate cuts, strengthen demand for safe-haven assets, and increase volatility across foreign exchange markets as investors react to changing economic conditions.

Implications for the Global Reset

• Pillar 1: Debt

Higher energy costs increase inflationary pressures, making it more difficult for central banks to reduce interest rates while raising borrowing costs for governments, businesses, and consumers.

• Pillar 2: Trade

Disruptions in two major shipping corridors threaten global supply chains, increase transportation costs, and place additional pressure on international commerce.

• Pillar 5: Energy

The Strait of Hormuz and Bab el-Mandeb remain among the world's most important energy chokepoints. Continued instability could reshape global energy flows and accelerate efforts to diversify transportation routes and supply sources.

Future Outlook

Markets will closely monitor whether military tensions continue to escalate or whether renewed diplomatic efforts can stabilize shipping through the Gulf and Red Sea.

Investors will also watch upcoming Federal Reserve meetings for signs that higher energy prices may influence future monetary policy decisions. If oil prices remain elevated, inflation could prove more persistent than previously expected, affecting global markets well beyond the Middle East.

This is not simply about rising oil prices—it reflects the broader transformation of the global financial system as energy security, inflation, trade routes, and geopolitical conflict increasingly shape the future of the world economy.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters — Oil prices rise after U.S. announces new round of strikes on Iran

• CoinGape — U.S.-Iran War Update: Trump Threatens to Bomb Iran's Power Plants, Bridges if Hormuz Attacks Persist

~~~~~~~~~~

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News, Rumors and Opinions Wednesday 7-22-2026

Reset Intelligence: 23 Years in Baghdad

7-21-2026

23 Years in Baghdad

By Reset Intelligence | @EXIT_FIAT

On Saturday the Central Bank of Iraq and the US Treasury reached an understanding. 7 Iraqi banks that had been shut out of the world’s payment system were let back toward it.

The headline that ran everywhere said they were cleared for dollar transactions. They were not. The Arabic in the statement excludes the dollar by name.

The moves on the record

• 7 banks readmitted – to external correspondent channels in currencies other than the dollar. Dollar eligibility is a second phase, conditional on finishing the central bank’s re-licensing programme. No date was attached by anyone.

• 48 agreements – signed during the Washington visit, announced Saturday. The Iraqi prime minister’s office counted 48. The summit host counted more than 50. Initial value above $60 billion.

• A JPMorgan branch – the prime minister’s office announced an agreement to open one in Iraq, to finance American company projects.

• 9 ministries – still have nobody sitting in them. Parliament has not voted on them since the recess ended on 1 July.

• FATF – Iraq remains on the list of jurisdictions under increased monitoring, added 19 June. Nothing about that can change before the October plenary.

That is the short version, and it is the version everyone has.

The part nobody connected

On 14 July 2003 the Coalition Provisional Authority signed Order Number 20 and created the Trade Bank of Iraq. That August, JPMorgan Chase won the contract to run it, beating consortia led by Citigroup, Bank of America, Wachovia and Bank One. No source we can find states the arrangement ever ended.

The bank being reported as arriving in Iraq has been clearing Iraqi trade paper for 23 years.

Today’s briefing walks the whole thing. What Order Number 20 actually says in plain text. Why the fee was never the point. The 2 earlier occasions the same house did the same thing when a state’s money stopped working. And what all of it means for the rate.

Read the full daily briefing free for 5 days. Sign up here: resetintelligence.com

The brief is free every day at that page, so it is worth bookmarking rather than waiting on the next piece.

If you want the background, Head of the Snake maps the route the money took, and the code 25XOFF is still running. The free resources library carries the guides and the scenario reports.

Nobody announces the room they never left.

https://dinarchronicles.com/2026/07/20/reset-intelligence-23-years-in-baghdad/

************

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Jeff   An audit on the budget periods from 2012- to 2025...They've never done an audit of this level before in the history of this investment...They're going to review this audit at today's session of parliament.  Very significant towards your investment...What they're reviewing in today's session of parliament is very significant towards them going international...This is something they would do only if they're really preparing to adjust their currency's value. 

Stephen This past week one of the largest and most important meetings was with al-Zaidi and the US Treasury.  He met directly with Scott Bessent who runs the US Treasury.  They're directly responsible for facilitating and helping Iraq revalue or reinstate the Iraqi dinar...When you see articles talking about the partnership between the Central Bank of Iraq, the US Treasury and how it's directly expected to strengthen the stability of the Iraqi dinar, I don't understand how people don't see this...Even if you didn't have dinar goggles on...or...not invested at all...if you can't look at the news...and ask yourself...a country attracting this much investment from the US directly, billions and trillions of dollars worth of deals, are they able to do this with a currency worth 1/10 of a penny?

Frank26   [Iraq boots-on-the-ground report]  OMAR: Television says our dinar [market rate] has gained 3.66% in just 17 days...that isn't normal.  It's really really looking good.  It's growing fast.  FRANK:  it's so exciting to see the evidence of your currency gaining value as the American dollar is being used less and less inside of Iraq.  The gap is closing.  The black market is going away so you can reach the 1 to 1.  I've been waiting for this evidence to start.  It looks like it started way before July 10th...It is moving at an incredible speed.

************

China’s Gold Buying Is Surging — Is a New Gold Standard Coming?

Maneco64:  7-21-2026

https://www.youtube.com/watch?v=BlQWhNf5UPg

Seeds of Wisdom RV and Economics Updates Wednesday Morning 7-22-26

Good Morning Dinar Recaps,

Central Banks Balance Inflation Risks as Digital Currency Plans Continue to Advance

The European Central Bank is weighing inflation pressures alongside continued progress on the digital euro, highlighting how monetary policy and financial innovation are reshaping the global financial system.

Overview

• The European Central Bank is expected to keep interest rates steady while monitoring renewed inflation risks tied to higher energy prices.

• Officials are also reviewing progress on the digital euro, reflecting Europe's long-term effort to modernize its payment infrastructure.

• The combination of monetary policy and digital finance underscores the ongoing transformation of the global financial system.

Key Developments

1. ECB Balances Inflation With Economic Stability

The European Central Bank enters its latest policy meeting facing two competing challenges: maintaining price stability while avoiding unnecessary pressure on economic growth.

Although inflation has eased from previous highs, policymakers remain cautious as energy markets continue reacting to geopolitical tensions in the Middle East. Higher oil and natural gas prices could slow progress toward the ECB's long-term inflation objective.

2. Digital Euro Project Continues Moving Forward

Alongside interest-rate discussions, ECB officials are reviewing continued progress on the digital euro initiative.

The project is designed to provide a secure digital form of central bank money that complements cash while supporting Europe's payment infrastructure in an increasingly digital economy. Officials continue to emphasize that the digital euro is intended to improve payment efficiency while preserving financial stability.

3. Energy Markets Continue Influencing Monetary Policy

Recent volatility in global energy markets has reminded policymakers that geopolitical events remain an important driver of inflation.

Central banks are closely monitoring how energy prices affect transportation costs, manufacturing, food production, and overall consumer prices before making additional monetary policy decisions.

4. Financial Modernization Continues Worldwide

The ECB's discussions illustrate a broader trend taking place across many major economies.

While central banks remain focused on controlling inflation today, they are also investing in the payment systems, settlement infrastructure, and digital technologies expected to support tomorrow's financial system.

Why It Matters

Central banks are managing two historic transitions simultaneously: maintaining economic stability in an uncertain geopolitical environment while modernizing the financial infrastructure that supports global commerce.

The decisions made today will influence interest rates, payment systems, banking innovation, and the future direction of international finance for years to come.

Why It Matters to Foreign Currency Holders

For foreign currency holders, central bank policy remains one of the strongest long-term influences on currency values. At the same time, continued development of digital payment infrastructure demonstrates how global finance is evolving toward faster, more efficient cross-border transactions.

Implications for the Global Reset

• Pillar 1: Debt

Interest-rate policy directly affects sovereign borrowing costs, debt servicing, and overall financial stability throughout the global economy.

• Pillar 4: Technology

The continued development of the digital euro reflects the modernization of payment systems and digital financial infrastructure that could reshape international commerce over the coming decade.

Future Outlook

Markets will closely watch the ECB's policy announcement and any guidance regarding future interest-rate decisions. Investors will also monitor further progress on the digital euro as Europe continues developing its long-term digital payments strategy.

As central banks around the world balance inflation, financial stability, and technological innovation, today's policy decisions are helping shape the architecture of tomorrow's international monetary system.

This is not simply about interest rates—it reflects the broader transformation of the global financial system as central banks modernize monetary policy, payment infrastructure, and digital finance for the next generation of global commerce.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters / Economic Times — Global Market: ECB weighs inflation risks, digital Euro progress at July meeting

• European Central Bank — Digital Euro Project

~~~~~~~~~~

🌱 A Message to Our Currency Holders🌱

If you’ve been holding foreign currency for many years, you were not foolish.
You were not wrong to believe the global financial system would change.

What failed was not your patience — it was the information you were given.

For years, dates, rumors, and personalities replaced facts, structure, and proof. “This week” predictions created cycles of hope and disappointment that were never based on how currencies actually change.

That is not your failure.

Our mission here is different:   • No dates • No rates • No hype • No gurus

Instead, we focus on:
• Verifiable developments • Institutional evidence
• Global financial structure • Where countries actually sit in the process

Currency value changes only come after sovereignty, trade, banking, settlement systems, and fiscal coordination are in place. History and institutions confirm this sequence.

You will see silence. You will see denials. That is not delay — that is discipline.

Protect your identity. Organize your documents.    Verify everything.
Never hand your discernment to anyone who cannot show proof.

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

~~~~~~~~~~

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Follow the Gold/Silver Rate COMEX

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Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Wednesday Morning 7-22-26

The Hand That Will Disarm The Factions Is Not Iraqi… Middle East Monitor: US Special Operations May Target Factions Refusing To Surrender Their Weapons - 7/22/2026

Baghdad - One News - 7/22/2026 The British website Middle East Monitor said that Iraq is facing a pivotal stage that could reshape its political, security and economic reality, in light of simultaneous American moves aimed at ending the issue of armed factions, reducing Iranian influence and rearranging the American presence in the country.  

The website stated, in an analytical report, that September 30th represents the date on which all armed factions are supposed to be dissolved and hand over their weapons to the state, coinciding with the withdrawal of US combat forces from Iraq, with the exception of Erbil, which the report considered Washington to be determined to maintain its presence in due to its strategic importance, to monitor Iran, as well as to maintain the Kurdistan Region’s connection with the United States.  

The report added that the United States, in addition to its military influence, relies on extensive financial and economic leverage. It explained that approximately 90% of Iraq's budget revenues come from oil proceeds deposited in an account at the Federal Reserve Bank of New York, which, according to the report, gives Washington significant power to influence Iraqi financial decisions.

The report also noted that Washington froze approximately $500 million of Iraqi funds last April, a move described by a Kurdish official as the "nuclear option" available to the US Treasury Department.  

The website noted that US envoy Thomas Barak has become the central figure in managing the Iraqi file, considering that his main mission is to dismantle the armed factions and separate Iraq from Iranian influence, based on an American vision that considers that Iraq, during the past two decades, has constituted an economic outlet for Tehran to circumvent international sanctions.  

The report indicated that some factions have already agreed to place their weapons under the authority of the state, while the factions closest to Iran still refuse to do so, noting that Washington has threatened to continue sanctions and military operations against those who do not comply with the specified deadline.  

The report also addressed the anti-corruption campaign in Iraq, noting that the recent security and judicial measures, which included the arrest of 47 people, including 12 members of parliament, may expand to include senior officials, former prime ministers, and faction leaders, in conjunction with the freezing of financial assets. The report emphasized that corruption has cost the Iraqi economy, according to the report, about $776 billion since 2003.  

In a regional context, Middle East Monitor considered that what is known as the "Shia Crescent," extending from Iran through Iraq and Syria to Lebanon, is undergoing a gradual reshaping, pointing to the transformations witnessed in Syria, the pressures imposed on Iran, and the ongoing developments in Lebanon, culminating in Iraq, which it described as the final link in this trajectory.   https://1news-iq.net/اليد-التي-ستنزع-سلاح-الفصائل-ليست-عراق/

Iraqi MP Urges Corruption Probe After Audit Report

2026-07-21 / 10:11 Shafaq News- Baghdad   The Federal Board of Supreme Audit’s 2025 report is “late and incomplete,” an Iraqi lawmaker said on Tuesday, arguing that it failed to quantify financial losses or identify those responsible for corruption. ( https://shafaq.com/en/Iraq/Iraqi-MP-urges-corruption-probe-after-audit-report. )  

Miqdad Al-Khafaji, an MP from the Hoqooq parliamentary bloc, within the Shiite Coordination Framework, told Shafaq News that board officials offered “unconvincing” explanations during Tuesday’s parliamentary session.  

He urged the Federal Commission of Integrity to investigate cases lawmakers believe have cost Iraq billions of dollars over recent years.  

Earlier today, the Federal Board of Supreme Audit’s report, obtained by Shafaq News, identified major delays in resolving corruption cases, failures to exercise key legal powers, and widespread financial violations across several government sectors.   https://shafaq.com/en/Iraq/Iraqi-MP-urges-corruption-probe-after-audit-report

Central Bank Governor Discusses Development Of Electronic Payment

An expanded meeting was held, chaired by His Excellency the Governor of the Central Bank of Iraq, which included licensed electronic payment companies in Iraq, to enhance its role in supporting digital transformation and implementing the Central Bank’s strategy aimed at developing the electronic payments system and promoting financial inclusion.

His Excellency the Governor stressed that the next stage requires electronic payment companies to raise the level of services provided to beneficiaries, and to adhere to the highest standards of quality, efficiency and reliability, in order to enhance citizens’ confidence in using electronic payment methods, encourage the expansion of adopting digital payment solutions, and contribute to reducing reliance on cash and promoting the digital economy.

He stressed the importance of electronic payment companies adhering to international standards, especially with regard to foreign financial transactions and operations, to provide broader opportunities for developing the sector, including increasing card usage limits and adding new financial services and products that meet citizens’ needs and keep pace with global developments.

The meeting also discussed the joint instructions and procedures that the Central Bank of Iraq will work with electronic payment companies to implement in order to reduce card misuse, enhance the safety and efficiency of the payment system, raise operational limits, and open new horizons for providing innovative and advanced services to citizens.

The governor called for the importance of strengthening cooperation and coordination between electronic payment companies, which would contribute to expanding the network for accepting electronic cards, developing collection and processing services, as well as strengthening the partnership with banks licensed by the Central Bank of Iraq, in order to achieve integration between the various parties of the financial sector, to develop a modern, secure and advanced payment system that is in line with best practices and international standards.

  Baghdad – Media Office, July 21, 2026    https://cbi.iq/news/view/3270

The Prime Minister's Advisor Clarifies The Borrowing Law: Will It Replace The Budget?

2026-07-21 | Alsumaria News- Economy:  The Prime Minister's financial advisor confirmed,Mazhar Muhammad Salih On Tuesday, he said that the adoption of the borrowing and grants law is a temporary measure to ensure the continuation of spending until the budget is approved, and does not represent a permanent alternative to the general budget, while he pointed out that the volatility of oil prices and the expansion of the size of expenditures reinforce the need to borrow to cover the deficit and secure the necessary financing.

Saleh said in a statement to the official news agency, which was followed by Alsumaria News He said: “If the borrowing and grants law is adopted as an alternative to the budget law, the government will resort to a temporary financing mechanism that will allow it to continue to cover basic expenses and meet its financial obligations until the general budget is approved.”

 
He pointed out that "Asylum This option, instead of passing the budget law, is often linked to budget delays and the resulting lack of legal cover for government spending, which compels the government to seek temporary financing tools to ensure the continued payment of salaries and funding.public services"

And to fulfill urgent financial obligations," he explained, adding that "weak liquidity or a decline in public revenues, especially given the volatility of oil prices and the expansion of expenditures, may be an additional factor that reinforces the need for borrowing to cover the deficit and secure the necessary financing."

He further stated that "adopting the borrowing and grants law is not a permanent alternative to the budget, but rather an exceptional and temporary measure aimed at ensuring the continued operation of state institutions until the completion of the constitutional and legislative procedures for approving the general budget."

https://www.alsumaria.tv/news/economy/571017/مستشار-رئيس-الوزراء-يوضح-بشأن-قانون-الاقتراض-هل-سيحل-محل-الموازنة؟

Why Britain's New Marxist Leader Suddenly Loves Oil

Why Britain's New Marxist Leader Suddenly Loves Oil

Notes From the Field By James Hickman (Simon Black / Sovereign Man) July 21, 2026

On November 27th in the year 176 AD, Marcus Aurelius promoted his 15-year old biological son Commodus to be Co-emperor of Rome.    Marcus Aurelius never realized it, but he was sealing Rome’s fate… and essentially marking an end to the Empire’s golden age.

 Commodus was quite popular in his youth— reportedly handsome, athletic, and gregarious. But after Marcus Aurelius died a few years later, the popularity and support that Commodus had enjoyed for so long began to wane.

 It didn’t help that he heavily debased Rome’s currency, contributing to widespread inflation and economic decline. He spent lavishly at taxpayer expense, ignored even the most basic affairs of imperial administration, and murdered his enemies.

 Finally, on New Year’s Eve in 192 AD, Commodus was assassinated, kicking off a period of political instability in which five different men would sit on the throne in a single year; in fact 193 AD became known as the Year of the Five Emperors.

 Eventually Rome landed on Septimius Severus, who ruled for nearly two decades with an iron fist. His reign— though stable— is regarded as one of the cruelest in Roman history. And he, too, contributed immensely to inflation and rising taxes.

 His successor, Caracalla, ruled briefly and incompetently. Soon came Elagabalus— history’s first transgender emperor who promised to give away half of the empire to any physician who could turn him into a woman.

 Along the way the infamous “Crisis of the Third Century” became worse and worse: migrant invasions, economic depression, hyperinflation, plague, and unprecedented political instability— including the year 238 AD in which six different men claimed the title of Emperor.

 It was as if Rome lost the ability to produce a decent, capable leader anymore.

 I thought of this historical lesson yesterday morning watching Andy Burnham, the former mayor of Greater Manchester, become Britain's seventh prime minister in a decade.

That’s an unprecedented level of instability for a modern, major power. Even worse, Britain’s leaders have become more incompetent over time, each one chipping away at the country’s economy and social stability.

Liz Truss lasted just 49 days, the shortest tenure of any prime minister in British history. Her plan for £45 billion in unfunded tax cuts set off a panic in the bond market, launching the pound into freefall.

And government borrowing costs spiked so violently as a result of Ms. Truss that the Bank of England had to step in to prevent British pension funds from collapsing.

Prior to Truss was Boris Johnson— a one-man scandal machine who was fined for quite hypocritically throwing big parties in Downing Street during his own COVID lockdowns.

Then came Rishi Sunak, who threw Britain's doors wide open to immigration. Sunak seemingly woke up every morning and said: Give me more Somalis. Give me more Islamic terrorists.

Along the way, Britain imported some of the worst ideas of the American Left and made them its own.

Britain is now the wokest place on the planet, and to an Orwellian standard; British police arrest people over tweets, and the England flag itself is now treated as a symbol of racism.

To cap it all off, Sunak was succeeded by Keir Starmer, probably the worst leader of a major power in modern history— and that includes Joe Biden.

When Parliament took up a national inquiry into the grooming gangs that had raped thousands of English girls over decades while local officials looked away, Starmer's party voted it down, and Starmer dismissed the calls as "the bandwagon [of] the far right."

Starmer spent his tenure finishing off the oil industry, taking the headline tax rate on North Sea producers to 78% and banning new exploration licenses.

By the time Starmer resigned last month, the UK had a tax burden heading to its highest level since records began in 1948. Borrowing costs are higher than any other major economy, with 10-year government bond yields well above those in the US, France, Germany, and Japan.

Plus, wealthy Brits are heading for the exits in record numbers after Starmer abolished the centuries-old non-dom tax regime.

Starmer was so widely despised that his own party finally threw him out. Their solution? A slightly younger, slightly less vapid version of Starmer.

His name is Andy Burnham, and all of his ideas come straight from the Communist Manifesto.

In his opening remarks as prime minister, Burnham said not one word about the national debt or Britain's borrowing costs. Nothing about the migration crisis. Nothing about justice for the grooming gang victims. Nothing about turning the economy around.

His first order of business, Burnham announced, was taking care of homeless/migrants with a new £340 million benefit program.

To his credit, Burnham has sense enough to know that he cannot throw around that kind of money without a way to pay for it. Borrowing more money is out; in fact he spent the past year complaining that Britain must get beyond "being in hock to the bond markets."

That only means one thing: higher taxes.

So, days before taking office, his team began preparing approvals for two North Sea oil and gas fields— the same ones that his own party spent years trying to shut down.

This is not because Burnham suddenly cares about energy security. He’s just looking for more money to steal.

All of those homeless migrants need handouts, so Burnham needs a new revenue stream, i.e. something else to tax.

So he’s allowing two new North Sea fields— with the existing 78% rate in place.

In short, Burnham did not decide that energy matters. He decided it hasn’t been milked entirely dry yet.

This is a cannibalist mentality. Britain is sliding into its own Crisis of the 21st Century, and the "conservative" politicians who presided over the first half of the decline were anything but. Starmer and now Burnham are straight-up Marxists.

We wrote about Argentina just yesterday, where nearly every asset in the country is surging. It’s not hard to understand why: Argentina hit rock bottom, threw out the people who destroyed the  country, and started climbing under new leadership.

Britain can reverse its fortunes the same way. Unfortunately, it is probably going to have to hit rock bottom first. And we can already see the shape of how this ends.

First the money will run out, the benefits will be cut, and the people who came for free stuff will go home.

Then, with markets in the dumps, this highly educated and productive country will eventually reverse all of its idiotic policies from the past and one day become among the most interesting places in the world to invest.

There’s an old saying credited to a Rothschild about investing when there’s “blood in the streets.” He may turn out to be right. But he probably wasn't picturing London when he said it.

To your freedom,  James Hickman    Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/trends/why-britains-new-marxist-leader-suddenly-loves-oil-155499/?inf_contact_key=1ae5251f2f90dcfa24427c72dc48b6e72a5ca6532929dafb2b557e851d458580

Seeds of Wisdom RV and Economics Updates Tuesday Evening 7-21-26

Good Evening Dinar Recaps,

Washington, Frankfurt, and the IMF Signal Cautious Path as Central Banks Balance Inflation and Global Risks

Central banks are increasingly emphasizing financial stability, inflation control, and policy credibility as geopolitical tensions reshape the global economy and influence future monetary decisions.

Overview

• Major central banks continue to prioritize inflation control despite heightened geopolitical uncertainty and energy market volatility.

• The IMF is urging governments to maintain credible fiscal and monetary policies as the global economy navigates repeated external shocks.

• Markets are increasingly focused on interest-rate expectations, recognizing that monetary policy remains a key driver of global financial stability.

Key Developments

1. Central Banks Maintain a Cautious Policy Stance

The European Central Bank (ECB) is expected to keep interest rates steady while closely monitoring the effects of higher energy prices stemming from Middle East tensions. Policymakers remain cautious as inflation risks persist despite recent moderation in price pressures.

2. IMF Calls for Credible Monetary Policy

The International Monetary Fund warned that today's economic environment requires governments to maintain price stability, sound fiscal policy, and financial credibility. IMF officials noted that repeated global shocks—including inflation, geopolitical conflict, debt pressures, and technological change—have made economic forecasting increasingly difficult.

3. Energy Risks Continue to Influence Inflation

Although oil prices have eased from recent highs, policymakers remain concerned that prolonged disruptions to global energy supplies could create secondary inflation effects, particularly through transportation, manufacturing, fertilizer production, and food prices.

4. Financial Stability Remains the Primary Objective

Central banks are balancing the need to support economic growth while ensuring inflation expectations remain anchored. Officials continue to stress that maintaining confidence in monetary policy is essential as governments navigate an increasingly uncertain global environment.

Why It Matters

Interest-rate policy influences nearly every sector of the global economy—from government borrowing and banking to mortgages, business investment, and international capital flows. Decisions made by major central banks help determine the direction of global liquidity and financial stability.

Why It Matters to Foreign Currency Holders

For foreign currency holders, monetary policy remains one of the most important long-term drivers of currency values. Stable inflation, credible central banks, and disciplined fiscal policies contribute to stronger confidence in national currencies and the broader international monetary system.

Implications for the Global Reset

• Pillar 1: Debt

Higher interest rates increase borrowing costs for governments, businesses, and consumers while influencing global debt sustainability and fiscal policy.

• Pillar 2: Trade

Inflation, energy prices, and monetary policy directly affect international trade, investment flows, and global economic growth.

Future Outlook

Markets will closely monitor upcoming policy meetings from major central banks, along with new inflation and employment data that could influence future interest-rate decisions. Continued geopolitical uncertainty—particularly surrounding energy supplies—will remain a significant factor shaping monetary policy in the months ahead.

As governments adapt to a world characterized by higher debt levels, technological transformation, and shifting geopolitical alliances, central bank credibility will remain one of the most important anchors supporting the global financial system.

This is not simply about interest rates—it reflects the broader transformation of the global financial system as central banks balance inflation, financial stability, and geopolitical uncertainty in an increasingly interconnected world.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters — IMF strategy chief calls for price stability, credibility in shock-prone world

• Reuters — Back to square one: Five questions for the ECB

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Iraq Economic News and Points To Ponder Tuesday Evening 7-21-26

Sudani Referred 38,000 Reports To The Integrity Commission And  Five Ministers To The Judiciary. The Ministry Of Reconstruction And Development Stated That Al-Zidi Possesses A Broader Political Mandate For Dismissal And Accountability

  latest news Tuesday, July 21, 2026  Baghdad - One News - 7/21/2026 The Reconstruction and Development Coalition highlighted what it described as the difference in the political environment in which the previous and current governments operated, considering that the executive authority’s ability to proceed with anti-corruption files is not only related to legal procedures, but also to the extent of the political cover available for making decisions on dismissal and accountability.

Coalition spokesman Firas al-Muslawi said that former Prime Minister Mohammed Shia al-Sudani referred about 38,000 reports to the Integrity Commission, and also referred five ministers from his government to the judiciary, as part of measures aimed at pursuing corruption cases and subjecting them to the judicial process.

  Al-Muslawi believed that these measures were implemented under a complex political equation that, as he described it, prevented the Sudanese government from having sufficient political cover to make decisions to dismiss ministers or expand the scope of accountability within the ministerial formation, despite proceeding to refer a number of files to regulatory and judicial authorities.

  In contrast, he argued that Prime Minister Ali al-Zaidi’s government operates in different political circumstances, explaining that it enjoys a mandate and political support that give it more room to make direct executive decisions, including dismissing ministers or referring them to the judiciary whenever legal justifications are available.

 He pointed out that this political cover gives the current government greater ability to turn the anti-corruption slogan into executive measures, away from the constraints that political balances imposed on previous governments, thus allowing it to proceed with holding officials accountable, regardless of their positions, in accordance with legal and constitutional frameworks.

  Al-Muslawi's statements come at a time when the current government is continuing its anti-corruption campaign, which has included opening investigation files, referring officials to the judiciary, and taking measures that the government says aim to establish the principle of no impunity and enhance public confidence in state institutions.  

https://1news-iq.net/السوداني-أحال-38-ألف-بلاغ-إلى-النزاهة-و5-و/

Al-Moussawi: The 2027 Budget Will Take Into Account Reducing The Deficit And Maximizing Revenues.

Today 13:35 1 Share The Information Agency / Baghdad...MP Ahmed al-Moussawi revealed today, Tuesday, the fate of the 2026 budget, confirming that the Parliament will vote on the schedules for the remainder of the current year, while the 2027 budget will be voted on at the beginning of next year.

Al-Moussawi told the Information Agency, “The current fiscal year is nearing its end, and therefore the Parliament will vote on the schedules for the remaining period of the 2026 budget.”

He added, "The 2027 budget will be voted on at the beginning of next year in accordance with the financial and economic requirements of the next phase."

He pointed out that "the government and the Finance Committee will focus, during the preparation of the 2027 budget, on maximizing non-oil revenues and reducing the size of the budget deficit in light of the economic conditions the country is experiencing and the tensions in the Middle East region that are affecting the economic and financial situation." End/25

https://almaalomah-me.translate.goog/news/138916/politics/الموسوي:-موازنة-2027-ستراعي-تقليل-العجز-وتعظيم-الإيرادات?_x_tr_sl=ar&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

Parliamentary Finance Committee: The Value Of The Dollar Will Decrease Further.

Economy |   08:26 - 20/07/2026 Mawazin News - Economy  The Parliamentary Finance Committee confirmed on Monday that the value of the dollar will decrease further.

Committee Chairman Uday Awad stated in a statement reported by Mawazin News that "lifting sanctions on a number of banks will affect the dollar's price, its flow, and the parallel market," explaining that "this measure will benefit the Iraqi market."

He added that "this will reduce the dollar's value," noting that "we will host the Central Bank Governor in the committee to clarify the vision and mechanisms he will adopt regarding this matter."

He mentioned that "banks will resume dealing in dollars."

Regarding the budget, Awad indicated that "the government has begun preparing the 2027 budget, which will reach Parliament in October," pointing out that "the budget will be approved before the end of the year."   https://mawazin.net/Details.aspx?jimare=286585

The Parliamentary Finance Committee Intends To Host The Governor Of The Central Bank.

The Finance Committee in the House of Representatives revealed on Tuesday its intention to host the Governor of the Central Bank of Iraq to discuss the most prominent issues related to monetary policy and financial stability, as part of its oversight efforts to monitor the performance of financial institutions.

The head of the parliamentary finance committee, Uday Awad, told the official newspaper, as reported by Al-Sa’a Network, that “the committee has sent an official invitation to the governor of the Central Bank to attend a specialized hosting session to discuss the most prominent issues related to monetary policy and financial stability.”

He explained that "the hosting session will address the Central Bank's directions regarding monetary policy during the coming years in light of geopolitical and economic changes, in addition to discussing the reality of developing the banking sector and the stages of implementing international agreements, especially the (Oliver Wyman) project, and its implications for supporting monetary and financial stability and the national economy."

Awad added that "the committee will also examine the Central Bank's final accounts for the fiscal year ending December 31, 2025, and assess their contribution to achieving financial and economic sustainability and strengthening the country's monetary reserves."

He stressed that "the Finance Committee is proceeding with activating its oversight role by hosting executive officials and monitoring the performance of economic and financial institutions, which contributes to strengthening coordination between the legislative and executive authorities, supporting financial stability and protecting the national economy."

https://alssaa.com/post/show/56840-المالية-النيابية-تعتزم-استضافة-محافظ-البنك-المركزي

Central Bank Of Iraq Outlines Roadmap To Reduce Cash Reliance And Expand Digital Services

Mohammed Jangadost   The Central Bank of Iraq (CBI) held an expanded meeting on Tuesday with licensed electronic payment providers to accelerate the nation’s digital financial transformation, strengthen financial inclusion, and curb card misuse.

Chaired by CBI Governor Nizar Nasser Hussein, the meeting centered on executing the regulator’s strategic roadmap to modernize Iraq’s payment ecosystem and transition away from a cash-heavy economy.

Addressing representatives from the sector, Al-Alaq stated that the upcoming phase demands a noticeable increase in service quality, efficiency, and system reliability to build public trust in digital transactions.

Key Objectives and Strategic Focus

During the session, the central bank outlined several operational and regulatory priorities:

• Compliance with Global Standards: The CBI urged payment firms to adhere strictly to international frameworks, particularly regarding cross-border financial transactions. Compliance is expected to enable higher card transaction limits and facilitate the rollout of new financial products.

• Countering Card Misuse: Regulators and payment companies discussed joint enforcement procedures to prevent card misuse and enhance payment network security.

• Expanding Acceptance Networks: Al-Alaq called on providers to expand POS (Point-of-Sale) acceptance networks, streamline digital collection processes, and deepen integration with licensed commercial banks.

The initiative comes as part of broader government efforts to modernize the national economy, reduce cash dependency, and implement modern financial infrastructure across both the public and private sectors.   https://channel8.com/english/news/61771

Every Asset In Argentina Is Surging Higher... Except The Apartments

Every Asset In Argentina Is Surging Higher... Except The Apartments

Notes From the field By James Hickman (Simon Black / Sovereign Man) July 20, 2026

If you have a budget of $179,000 to spend on real estate in the United States, I hope you like renovated sheds. Or a six-hour drive to the nearest airport.

But right now, $179,000 buys a typical three-room apartment in Buenos Aires, the "Paris of South America" (minus the Islamic terrorists).

Studio apartments in Argentina's capital are going for $108,000. All of it is quoted and paid in US dollars, because Argentina's property market gave up on their local currency for real estate transactions a long time ago.

But this is arguably the last cheap sector of Argentina. Prices of every other asset have gone up dramatically thanks to country’s general economic recovery; ever since President Milei was elected, he has slashed government spending and delivered the country's first budget surplus in over a decade. The stock market has surged. Every asset is up. Except for apartments.

Remember, a century ago, Argentina was one of the ten richest countries in the world; its people were better off per capita than the French or Germans.

Then came Juan Perón. Elected in 1946, he nationalized everything— railways, utilities, etc. He regulated wages and prices. It was full-blown command socialism.

Perón was thrown out in 1955, but the machine he built outlived him by seventy years. He had created a permanent bloc of voters— paid by the state— and every government that tried to cut spending found out it could not survive doing so. So they printed money instead.

That is where the price controls, the capital controls, the repeated defaults, and the chronic inflation all came from.

Milei took office at the end of 2023 and started taking the machine apart. He cut the number of federal ministries in half and fired tens of thousands of government employees. He scrapped the price controls and stopped the central bank from printing money to cover the government's bills.

It hurt. Poverty jumped before it came down, and real wages fell before they recovered.

The month Milei took office, prices rose 25.5%. That was the MONTHLY inflation figure, not the annual one. By June 2026, monthly inflation was down to 1.9%.

To be clear, that is still astronomical by North American or European standards. Argentina is still a high-inflation country. But they’ve come a long way in bringing inflation down, and the country is no longer collapsing. There’s clearly a light at the end of the tunnel.

And it got there using the same playbook every country that climbed out of a hole this deep has run.

For example, in 1965 Singapore was an impoverished backwater with no resources and a third of its population squatting in slums. Lee Kuan Yew cut the tariffs, kept taxes low, and threw the doors open to foreign companies. Today Singapore produces more than $90,000 per person— more than the United States.

No country is permanently rich, and no country is permanently poor. For the first time in a very long time, Argentina is heading the right direction.

Foreign capital has noticed. Under a new incentive regime, companies have launched roughly $95 billion of projects. The state oil company YPF filed a $25 billion shale development in Vaca Muerta in May, and Chevron committed more than $10 billion to the same basin.

Companies do not pour concrete and steel into countries they expect to collapse.

The financial markets repriced accordingly. Argentine stocks have run hard, and the main US-listed Argentina fund is up more than 230% over five years.

After a run like that, you could argue the stocks are no longer even cheap. Even the bonds have moved: the extra interest Argentina must pay to borrow compared to US government bonds fell in July to its lowest level in eight years.

Which brings us back to that $179,000. The citywide Buenos Aires apartment index rose just 1.6% over the past twelve months. And that’s in US dollars.

In other words, every asset in Argentina has repriced, but the apartments aren’t even keeping pace with inflation.

The reason is credit, or rather the total absence of it; nine out of ten home purchases in Buenos Aires are paid in cash, without a mortgage.

And prices settle at whatever buyers can pay in cash.

The same condition holds across much of Latin America, and Colombia shows where it leads. Only around 3% of Colombian adults carry a mortgage, so prices sat at cash levels there too.

Then foreigners discovered Medellín. Buyers from North America and Europe arrived with money and bought apartments that looked absurdly cheap to them. In El Poblado, the neighborhood the expats favor, prices have jumped 66% in three years.

We think the same thing is going to happen in Argentina, with a bigger catalyst behind it, because the country is becoming an investment destination and an expat destination at once. It happened in Medellín, Mexico City, and other places in Latin America. It’s basic supply and demand.

There is still risk— Argentines vote again on October 24, 2027... so if Milei’s political movement  collapses, the country could return to its old ways. But that’s pretty much the same anywhere. Every country carries risk.

For example, I doubt anyone is rushing to buy British assets right now. Britain's finances and politics have genuinely deteriorated, and its government now pays close to 6% to borrow money, the most since 1998.

Now that Marxist Andy Burnham has taken over as Prime Minister as of this morning, the situation will likely get worse before it gets better. At some point Britain will get cheap enough that its stocks and bonds become attractive again. But today is not that day.

And American assets are no automatic refuge either. Just wait and see what happens if Gavin Newsom gets the chance to do to the whole country what he did to California.

Argentina, at least, pays you to take its risk. The apartments are cheap, and the catalyst pushing them up is already arriving.

It is also a serious Plan B destination. Living there costs roughly half of what it does in the United States, and it draws far fewer foreigners than the places everyone has already found.

Our flagship service, Plan B Confidential, just published a full report on Argentine real estate, covering which neighborhoods hold their value, how to move money in and out, and where residency and citizenship stand.

https://www.schiffsovereign.com/trends/every-asset-in-argentina-is-surging-higher-except-the-apartments-155493/?inf_contact_key=dd385d53ea14340026cc9484e23a9bc575ed3b9f1880b1bad6530b4fabbb2716

Dr. Scott Young: The Dollar is Collapsing, here’s the Proof. Why is the Treasury bringing out a new $100 Bill right now?

Dr. Scott Young: The Dollar is Collapsing, here’s the Proof. Why is the Treasury bringing out a new $100 Bill right now?

7-21-2026

The global financial system is standing on a precipice. For decades, the world has operated on a system of “fiat” money—currency backed by nothing more than government promises and public trust. But as inflation climbs, national debt skyrockets, and geopolitical alliances shift, that trust is rapidly eroding.

In a recent eye-opening video, financial analyst and commentator Dr. Scott Young took a deep dive into the current turmoil brewing within the U.S. Treasury. From the mystery surrounding Fort Knox to the whispers of a new gold-backed currency initiative, Dr. Young paints a compelling picture of a monetary system in transition.

Are we witnessing the death throes of the U.S. Dollar as we know it? And more importantly, how can everyday people survive—and thrive—during the transition? Let’s explore the critical insights from Dr. Scott Young’s analysis.

To understand where the global economy is going, we must first understand how we got here. Money was not always an abstract concept printed out of thin air.

The Gold and Silver Standards: For the majority of American history, the U.S. Dollar was directly tied to tangible wealth. Under the gold and silver standards, paper bills were simply “certificates of deposit” representing physical metal held in safekeeping. You could walk into a bank, hand over a paper bill, and walk out with physical gold or silver coin.

The 1971 Nixon Shock: This all changed on August 15, 1971, when President Richard Nixon unilaterally ended the convertibility of the U.S. Dollar into gold. This temporarily suspended the Bretton Woods system, ushering in the era of pure fiat currency.

Historically, every fiat currency in human history has eventually failed, usually due to hyperinflation caused by governments printing too much money. Dr. Scott Young argues that the U.S. Dollar is rapidly approaching this inevitable historical d**d-end.

If the world is to transition back to a gold-backed economic system, a critical question must be answered: Where is the gold?

Without absolute transparency, the integrity of the U.S. Treasury’s reserves remains a massive question mark. If a new gold-backed system is on the horizon, proving the existence of these physical reserves will be the first step in restoring global trust.

One of the most fascinating aspects of Dr. Young’s analysis is the changing dynamic between the U.S. Treasury and the Federal Reserve.

While many believe they are the same entity, they are vastly different. The Federal Reserve is a private banking cartel, while the Treasury is a department of the federal government. For decades, the Fed has held the reins of monetary policy. However, Dr. Young highlights several unusual anomalies pointing to a potential power shift:

Dr. Young critiques highly confusing and contradictory statements from Treasury officials regarding upcoming currency designs. Most notably, rumors and official hints have circulated regarding new currency prints featuring President Donald Trump’s signature—a highly irregular occurrence that defies traditional bipartisan presidential decorum.

Historically, the Fed dictates monetary policy, and the Treasury simply prints the bills. However, recent administrative moves suggest the Treasury may be asserting authority over the Federal Reserve. Could this be a controlled demolition of the Fed’s private banking system to make way for a state-controlled, asset-backed alternative?

As the fiat system crumbles, what will replace it? Dr. Young points to two major pillars of the future economy: Asset-backing and Blockchain technology.

There are growing murmurs of a new currency initiative designed to bypass the debt-laden Federal Reserve Note. This new system would be anchored to commodities—specifically gold and silver—to immediately establish trust and halt the devastating effects of inflation.

One of the greatest drivers of the current economic crisis is unchecked, untraceable government spending. Dr. Young touches on a revolutionary solution: migrating federal spending to a public blockchain ledger.

If a systemic reset is imminent, holding your wealth entirely in fiat currency (cash in the bank, traditional savings accounts, or digital dollar investments) presents a massive risk. When fiat money collapses, its purchasing power vanishes.

Dr. Scott Young strongly urges viewers to take matters into their own hands by diversifying into precious metals.

By acquiring physical gold and silver, you are not just buying “commodities”—you are purchasing financial insurance against the collapse of a volatile monetary system.

We are living through a historic economic transition. The decisions made by the U.S. Treasury and the Federal Reserve over the coming months will shape the financial reality for generations to come.

Are you prepared for the end of the fiat era?

https://www.youtube.com/watch?v=NAgrn4jX2Lo

Seeds of Wisdom RV and Economics Updates Tuesday Afternoon 7-21-26

Good Afternoon Dinar Recaps,

Washington Advances CLARITY Act as U.S. Moves Toward a Clear Digital Asset Framework

Bipartisan Senate action marks a significant step toward establishing long-awaited rules for digital assets, strengthening the foundation for institutional adoption and future financial innovation.

 Overview

• The U.S. Senate Banking Committee approved the CLARITY Act with bipartisan support, advancing one of the most significant digital asset regulatory bills in years.

• The legislation would divide oversight between the SEC and CFTC, providing clearer regulatory authority over cryptocurrencies and digital assets.

• Greater regulatory certainty could encourage broader institutional participation while supporting the continued modernization of the U.S. financial system.

Key Developments

1. Senate Banking Committee Advances the CLARITY Act

The Senate Banking Committee approved the Digital Asset Market Clarity (CLARITY) Act by a bipartisan 15–9 vote, representing one of the strongest congressional efforts yet to establish a comprehensive regulatory framework for digital assets.

If enacted, the legislation would provide long-awaited legal certainty for cryptocurrency markets that have operated under overlapping regulatory interpretations for years.

2. SEC and CFTC Responsibilities Become More Clearly Defined

A central feature of the legislation is the creation of a clear division of regulatory authority between the nation's two primary financial regulators.

Under the proposal:

• The Commodity Futures Trading Commission (CFTC) would oversee digital assets classified as commodities.

• The Securities and Exchange Commission (SEC) would retain jurisdiction over digital assets determined to be securities.

Supporters argue that clearly defining these responsibilities would reduce regulatory uncertainty while encouraging innovation and investment.

3. Digital Asset Industry Continues to Mature

The legislation also includes provisions addressing market oversight, decentralized finance (DeFi), investor protections, sanctions compliance, and public official disclosure requirements.

Separate legislation covering stablecoins continues to move through Congress, while lawmakers are also considering tax reforms affecting cryptocurrency mining and staking.

Together, these efforts represent one of the most comprehensive attempts yet to modernize U.S. digital asset regulation.

4. Institutional Adoption Could Accelerate

Markets responded positively following committee approval, with Bitcoin rising above $82,000 before settling lower.

Many institutional investors have cited regulatory uncertainty as one of the primary barriers to expanding digital asset exposure. A clearer legal framework could encourage additional participation from banks, investment firms, payment companies, and financial institutions.

Why It Matters

The CLARITY Act represents an important milestone in the ongoing evolution of the U.S. financial system. Rather than determining whether digital assets should exist, policymakers are increasingly focused on how they will operate within the existing regulatory framework.

Clear rules may help reduce uncertainty while supporting innovation, investment, and broader integration between traditional finance and blockchain-based financial infrastructure.

 Why It Matters to Foreign Currency Holders

For foreign currency holders, the legislation reflects continued modernization of the global financial system rather than an immediate change in currency values. As digital asset regulations become more standardized, blockchain-based payment systems, tokenized assets, and regulated stablecoins could play a larger role in international finance and cross-border transactions.

Implications for the Global Reset

• Pillar 2: Trade

Clear digital asset regulations could improve the efficiency of cross-border payments and international financial transactions, supporting the continued evolution of global commerce.

• Pillar 4: Technology

The CLARITY Act strengthens the regulatory foundation for digital assets, blockchain infrastructure, tokenization, and future financial innovation, helping integrate emerging technologies into the broader financial system.

Future Outlook

The CLARITY Act now advances toward additional consideration in the Senate, where lawmakers will continue debating issues surrounding decentralized finance, stablecoins, taxation, and market oversight.

If ultimately enacted, the legislation would establish one of the most comprehensive regulatory frameworks for digital assets in the United States, potentially encouraging greater institutional investment while providing clearer rules for market participants. Combined with recent stablecoin legislation and ongoing tokenization initiatives, the bill signals continued movement toward a more digitally integrated financial system.

This is not simply about cryptocurrency regulation—it reflects the broader transformation of the global financial system as governments establish the legal framework for digital assets, tokenized finance, and the next generation of international markets.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Crypto Briefing — Washington moves toward clearer rulebook for digital assets

• U.S. Senate Committee on Banking, Housing, and Urban Affairs — Committee actions and legislation on digital asset market structure

~~~~~~~~~~

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Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Tuesday Afternoon 7-21-26

Hormuz Tensions Push India To Cancel Iraqi Oil Cargoes

2026-07-21 08:38   Shafaq News- Baghdad   State-owned Indian Oil Corp. on Tuesday canceled plans to load two million barrels of Iraqi crude from the Basra terminal onto the crude carrier (VLCC) Lila Jamnagar around July 23 because of security concerns in the Strait of Hormuz.

Quoting three sources, Reuters said another state-run refiner, Mangalore Refinery and Petrochemicals Ltd. (MRPL), also deferred loading an Iraqi oil cargo aboard the Indian-flagged tanker Desh Gaurav.

New Delhi has advised shipowners, vessel operators, and crewing companies not to deploy Indian seafarers aboard ships transiting Hormuz following the resumption of hostilities in the region.

During the first round of fighting between the US and Iran, from Feb. 28 to April 8, India slashed crude oil imports from Iraq by about 84% after disruptions in the Strait of Hormuz hit shipping.

https://www.shafaq.com/en/Economy/Hormuz-tensions-push-India-to-cancel-Iraqi-oil-cargoes

Chinese Exports To Iraq Fall 42% In H1 2026

2026-07-21 05:05   Shafaq News- Baghdad   Chinese exports to Iraq totaled $5.18 billion in the first half of 2026, down 41.7% from $8.89 billion in the same period last year, according to a report released on Tuesday by the Iraq Future Foundation for Economic Studies and Consultancy.

The report showed lower imports of air conditioners, consumer electronics and mobile phones, which had previously ranked among Iraq's leading imports from China.

Manar Al-Obaidi, head of the foundation, attributed the decline to higher customs tariffs on those products, which he said had risen to 33%, as well as supply-chain disruptions and shipping delays linked to instability in the Strait of Hormuz.

In contrast, imports of Chinese vehicles increased to $275 million in the first half of 2026 from $243 million a year earlier.

https://www.shafaq.com/en/Economy/Chinese-exports-to-Iraq-fall-42-in-H1-2026

Gold Edges Higher On Iran Ceasefire Proposal

2026-07-21 02:23   Shafaq News   Gold prices rose more than 1% on Tuesday as investors weighed ‌diplomatic efforts to ease the U.S.-Iran conflict, which could temper oil-driven inflation risks and influence the U.S. Federal Reserve's interest rate path.

Spot gold rose 1.2% to $4,054.24 per ounce as of ​0529 GMT. U.S. gold futures for August delivery were up 1.1% at $4,059.10.

"It ​looks like gold is trying to find a base somewhere around ⁠this ($4,000) level and is going to try to re-engage the upside from there," ​said Ilya Spivak, head of global macro at Tastylive.

"These headlines from the Middle ​East seem to have some degree of knock-on, though it is increasingly only being paid attention to in a passing kind of way."

Oil prices softened on Tuesday, with markets weighing reports ​of mediation efforts between the U.S. and Iran against an exchange of fresh ​attacks between the two and threats of a naval blockade of Saudi Arabia by Yemen's Houthis.

A senior ‌Iranian ⁠official told Reuters on Monday that Tehran had received a proposal from mediators for a 10-day ceasefire in efforts to salvage the interim deal, intended to pave the way to a lasting agreement to end the war.

The recent escalation in the ​conflict drove oil prices ​to more than ⁠a one-month high on Monday, with a growing chorus of U.S. policymakers arguing interest rates may need to rise to beat back ​persistent inflation.

High interest rates increase the opportunity cost of holding ​non-yielding bullion.

While ⁠the Federal Reserve is widely expected to keep interest rates unchanged at next week's meeting, traders are currently pricing a 64% chance of a rate hike in September, ⁠according ​to the CME FedWatch Tool. FEDWATCH

Spot silver gained 2.8% ​to $57.99 per ounce, platinum was up 1% at $1,610.06 and palladium rose 1.2% to $1,267.68.   (Reuters)

https://www.shafaq.com/en/Economy/Gold-edges-higher-on-Iran-ceasefire-proposal

Iraq Stock Exchange Logs $290M+ In Trading In H1 2026

2026-07-21 07:38  Shafaq News- Baghdad  The Iraq Stock Exchange (ISX) on Tuesday recorded trading worth 390.35 billion Iraqi dinars ($296.67M) during the first half of 2026, with 389.46 billion shares changing hands across 112 sessions.

Shares in 90 of the exchange’s 120 listed companies were traded through 119,375 transactions carried out by 37 brokerage firms using the electronic trading system.

The ISX60 index ended the first half at 1,019.39 points, marking a 5.56% increase from a year earlier, while the ISX15 finished at 1,273.79 points, up 16.52% over the same period.

Twenty-two listed companies saw no trading activity, while eight others remained suspended throughout the period.

https://www.shafaq.com/en/Economy/Iraq-Stock-Exchange-logs-290M-in-trading-in-H1-2026

China delivers first batch to Iraq's maritime fleet

2026-07-21 09:45  Shafaq News- Basra  Iraq's General Company for Maritime Transport, based in Basra, took preliminary delivery of 15 modern marine boats and three passenger ferries, the company's director said on Tuesday.

According to Ahmad Jassem, the new ferries will operate passenger routes between Iraq and Gulf countries, helping boost travel, trade, and tourism while opening new opportunities for regional cooperation in maritime transport.

https://www.shafaq.com/en/Economy/China-delivers-first-batch-to-Iraq-s-maritime-fleet

Rice Leads India's $545M Exports To Iraq In Q1

2026-07-21 13:25   Shafaq News- Baghdad  India exported goods worth $545 million to Iraq during the first quarter of 2026, India's Directorate General of Commercial Intelligence and Statistics said on Tuesday.

Data showed that rice topped India's exports to Iraq at $169 million, followed by frozen beef at $60 million and petroleum oils and related products at $50 million. Other major exports included bananas worth $46 million, pharmaceuticals at $25 million, large-diameter steel pipes at $20 million, ceramic tiles at $16 million, and tea at $13 million.

The directorate also reported that sunflower seed oil shipments reached $6.1 million, while exports of passenger vehicles totaled $5.9 million during the same period.

According to InfoFlix data in January, Iraq ranked as India's seventh-largest trading partner, with bilateral trade totaling $33.3 billion.

https://www.shafaq.com/en/Economy/Rice-leads-India-s-545M-exports-to-Iraq-in-Q1

What Happens to Your Debt in a RESET?

What Happens to Your Debt in a RESET?

Taylor Kenny:  7-21-2026

Most people assume their mortgage, retirement account, and financial contracts will work exactly the way they do today. ITM Trading Senior Analyst Keely Caul says that's a dangerous assumption.

Drawing on years in banking, finance, and loan auditing, she joins Taylor Kenney to expose the hidden clauses most people never read, explain how the rules have changed during past financial crises, and reveal why understanding what you actually own could matter far more than most people realize.

CHAPTERS:

00:00 What a Monetary Reset Really Means

03:07 The Monetary Reset Has Already Begun

06:18 Digital Money, Surveillance, and Control

09:08 Will Your Debt Disappear in a Reset?

11:04 What Did You Actually Sign?

14:07 Mortgage Default and Acceleration Clauses

17:28 What Keely Saw Before the 2008 Crisis

31:15 Should You Pay Off All Your Debt?

33:37 Argentina’s Mortgage Reset Warning

43:09 Gold vs. Silver During a Monetary Crisis

48:47 What Happens When Banks Fail?

50:28 How to Prepare for a Monetary Reset

https://www.youtube.com/watch?v=pjlmcqWTPPg