News, Rumors and Opinions Thursday 5-1-2025
IQD Flips First, XRP Follows
589bull: 5-1-2025
Iraq just passed Resolution No. 294 — authorizing the Ministry of Finance to pull over 3 trillion IQD from dormant tax accounts and inject it into the Central Bank of Iraq to cover salaries.
Old funds.
New movement.
Right before the budget flips.
This isn’t routine. They’re not just covering payroll — they’re positioning liquidity inside the CBI. You don’t unlock trillions in dormant escrow just to patch a gap. You do it to prime the system before something big resets.
Abu snwe: At the time of the Sudanese preparation for the Arab summit The Iraqi government announces its bankruptcy and authorizes the Minister of Finance, a Sami spectrum to withdraw the tax trusts of more than 3 trillion to pay the salaries of the month of April.
Everyone keeps asking: What moves first — IQD or XRP?
Answer: IQD flips first. XRP follows. Fast.
Iraq’s revaluation is the event — the trigger. It resets regional liquidity, realigns trade, and floods the system with pressure.
That pressure needs rails. Fast, neutral, compliant rails. That’s when XRP ignites.
IQD is the fuse.
XRP is the ignition.
Classic damage control.
If everything was “normal,” they wouldn’t need to say it. You don’t withdraw 3+ trillion IQD from dormant tax accounts unless you’re prepping for something outside the norm — like a rate shift or system switch.
The fact that the Parliamentary Finance Committee had to come out and calm people down tells you one thing:
This wasn’t routine.
This was strategic liquidity repositioning.
They’re staging cash where it needs to be before the public feels the shift — likely to smooth salary transitions and avoid panic right before the flip.
Source(s):
https://x.com/589bull10000/status/1917586572301721638
https://x.com/589bull10000/status/1917621269450707386
https://x.com/589bull10000/status/1917622313908068612
https://dinarchronicles.com/2025/05/01/589bull-iqd-flips-first-xrp-follows/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat ...Iraq is excited and so should we be... the dinar situation can change very suddenly once the right policies are effective. This process is not going to take months or years more.
Militia Man What we have seen so far in the news is...all positive, nothing that's considered to be worrisome as far as I can see. The tone from Washington has been positive. They've been talking about support...for Iraq's monetary reforms by the largest financial institutions in the world - United States Treasury, Federal Reserve, International Monetary Fund, World Bank, IFC. The focus has been about security, stability, sustainability, partnerships with the public and private sectors, investment opportunities...
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Planned Demolition Of The Banking System | David Morgan
Liberty and Finance: 4-30-2025
David Morgan outlines the global banking hierarchy and highlights how real power resides not with governments but with elite financial institutions, steering the world toward a centralized digital monetary system diminishing national financial sovereignty.
Two key points he emphasizes are that the destruction of the current banking system is a planned demolition, not a natural failure, and that this collapse is designed to usher in a new, more authoritarian financial regime rooted in AI-driven control and digital currencies.
Morgan warns that such a system will eliminate human discretion and embed surveillance into every transaction, reducing people to programmable nodes in a technocratic grid. He concludes that unless more people resist, we risk entering a future where convenience masks total economic and personal subjugation.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Who's running the show?
8:23 Globalism
13:50 The Fed's real purpose
18:00 Banking system planned demolition
33:40 Rules, laws, and accountability