News, Rumors and Opinions Monday 8-17-2026
Ariel: PM Al-Zaidi is Not Planning to Go Through Parliament
8-17-2026
PM Ali al-Zaidi Is Not Planning To Go Through Parliament:
He Doesn’t Have To And Here Is Why
Article 80 of the Iraqi Constitution grants the Council of Ministers authority to issue administrative regulations and execute policy decisions in coordination with the Central Bank of Iraq without a parliamentary vote specifically in matters of monetary sovereignty and financial system management.
3 Things To Note
1. CBI Board approval Already secured (unanimous, August 11 closed session).
2. Council of Ministers sign-off Already secured (August 13 emergency session, no dissent).
3. Finance Committee notification (not approval) Delivered August 14, 18 hours before Sand’s announcement.
Parliament can object.
Parliament can scream.
Parliament cannot stop this.
The legal framework was built specifically to prevent parliamentary obstruction of monetary reform because every previous attempt at zero removal was killed by MP factional infighting between 2020 and 2024.
Ali al-Zaidi studied those failures. He engineered around them.
That statement was coordinated, not with Baghdad press, but with Treasury’s Office of International Affairs via a backchannel that runs through Amman.
The phrase “decision to change the currency” is deliberate. It’s not a proposal. It’s not under consideration. The word used in the Arabic original — qarar — means a decision already issued. Already made. Already signed.
What Sand did not say matters more. He did not say “parliamentary approval required.” He did not say “pending legislation.” He said “ready.” That word came from the Central Bank of Iraq’s Currency Reform Committee, which has been operational since March but never publicly named.
~Parliament was going to stall past October. Now they react in days, not weeks. Let them file procedural complaints. The CBI controls the ledger, and the ledger is already migrated.
Source(s):
• https://x.com/Prolotario1/status/2088860147921703114
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Reset IntelligenceRemember, Germany, 1948 - The money flips in the middle of the chaos. Not after it. Iraq is running the same play, in the open and on the record. The crisis you are seeing is the old system's last months. Behind it, this week alone: borders onto one ledger, weapons into a statute, a budget that must print the IQD's real effective exchange rate.
JeffThe budget comes after the rate change...the pseudo '26 budget and the cabinet are coming to a head at the same time...A completed cabinet is the lynch pin to the rate change...It'll probably be 24 to 48 hours notice at best...to whatever date they're going to do the cabinet...If they were going to do it around next weekend, they might not tell us till maybe Thursday or Friday...It's going to be very short notice
Militia ManArticle quote "The finance committee has taken upon itself the legislation of grants and borrowing law and an agreement was reached with the government...the first reading will take place next week...There's an agreement between the prime minister and the finance committee that there should be a budget and that it should be passed in the House of Representatives as quickly as possible...which will determine the exchange rate." I have never seen that before. Anybody who's been here for 23 years has never seen that before. I think you guys should be sitting up in your seats and smiling about that...Linking the budget explicitly to determining the exchange rate is a...change in pattern.
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The Dollar System is Dead-What comes next?
WTFinance: 8-16-2026
On this episode of the WTFinance podcast I had the pleasure of welcoming on Simon Dixon.
During our conversation Simon spoke about his overview of the markets, potential treasury intervention, pumping stock market higher, Plaza accord 2.0, end game of central banks and more.
0:00 - Introduction
2:06 - Overview of the economy and markets?
5:35 - Treasury intervention
7:40 - Pumping stock market higher
12:43 - Middle East Outcome
19:28 - Multipolar financial world
22:24 - Plaza Accord 2.0
28:25 - End game of Central Banks
30:28 - Gaining control
35:25 - Protect yourself
42:40 - One message to takeaway?