Massive Wealth Transfer Accelerates as They Inflate the Illusion

Massive Wealth Transfer Accelerates as They Inflate the Illusion

Taylor Kenny:  7-17-2025

The illusion of prosperity is wearing thin. As inflation quietly steals your purchasing power, the largest wealth transfer in modern history accelerates—by design.

This video exposes how government-backed “counterfeiting” inflates away your savings and enriches the elite.

 If you think the dollar’s collapse is a future threat, think again—it's already underway.

CHAPTERS:

0:00 Do Not Be Fooled

 1:58 What Has Government Done To Our Money?

4:15 Wealth Transfer

7:04 Crack-Up BOOM

9:06 Built to Endure

https://www.youtube.com/watch?v=l9KNcGD23ms

The Banks Are Running Scared As Silver Surges | Andy Schectman

The Banks Are Running Scared As Silver Surges | Andy Schectman

Liberty and Finance:   7-16-2025

Dunagun Kaiser and Andy Schectman discuss the current state of the silver market, highlighting unprecedented stress and a potential disconnect between paper futures and physical prices.

Schectman points to record-low silver inventories at the LBMA, soaring lease rates, and commercial banks holding the largest short position in COMEX history as evidence of a tightening physical market.

They also touch upon the broader economic landscape, including the dollar's decline despite high interest rates, and the strategic accumulation of physical precious metals by sophisticated investors and BRICS nations, which is seen as a long-term play to potentially de-dollarize the global financial system.

INTERVIEW TIMELINE:

 0:00 Intro

 3:25 Silver’s move

14:30 Silver market disintermediation

 23:10 Dollar & BRICS+

38:13 Trump tariffs

https://www.youtube.com/watch?v=PuN6xESvO58

Seeds of Wisdom RV and Economic Updates Thursday Morning 7-17-25

House Republicans Pass Crypto Bills After Record 10-Hour Vote

In a historic procedural showdown, House Republicans passed three major cryptocurrency bills late Wednesday night, following a record-breaking 10-hour vote. The final tally came in at 217-212, clearing a major hurdle for crypto regulation in the United States.

Key Highlights:

• Three major crypto bills advanced: the GENIUS Act (stablecoin regulation), the CLARITY Act (market structure), and the Anti-CBDC Surveillance Act

• Longest procedural vote in House history, lasting from 1:19 PM to 11:04 PM ET

• Final deal included a ban on Central Bank Digital Currencies (CBDCs) attached to the must-pass National Defense Authorization Act (NDAA)

• The GENIUS Act could reach President Trump’s desk by Thursday

• The CLARITY Act vote may happen next week, depending on scheduling

Procedural Drama and Compromise

The vote nearly failed to materialize.

Hardline Republicans from the House Freedom Caucus initially blocked the measure on Tuesday, arguing that the crypto bills didn’t go far enough to block a Federal Reserve-backed CBDC. Their concern centered on the GENIUS Act, which they feared might offer a “back door” for a CBDC—despite its explicit language restricting Fed authority.

House leadership reached a compromise on Wednesday by agreeing to attach the CBDC ban to the NDAA, a must-pass defense spending bill that routinely clears both chambers of Congress.

This shift allowed the more controversial CBDC issue to be separated from the GENIUS and CLARITY Acts, enabling the House to move both crypto-focused bills forward.

Overview of the Bills

GENIUS Act

• Establishes a regulatory framework for stablecoins

• Expected to receive a final House vote on Thursday

• President Trump has indicated he may sign it into law before the weekend

CLARITY Act

• Focuses on market structure and regulatory clarity for digital assets

• Final vote anticipated next week, although Speaker Mike Johnson suggested it could occur as early as Friday

Anti-CBDC Surveillance Act

• Prohibits the Federal Reserve from issuing or piloting a retail CBDC

• Now incorporated into the NDAA, increasing its chances of passage

Internal Divisions and Political Positioning

Representative Marjorie Taylor Greene was the only Republican to vote with Democrats against the procedural rule, standing out in what was otherwise a party-line vote.

Representative Keith Self also voiced strong concerns, warning that the GENIUS Act could still enable a Federal Reserve CBDC despite language explicitly limiting such powers.

A letter circulated among House Democrats urged opposition to the package, questioning whether Republicans could properly implement the new policies and warning of legislative overreach.

What Comes Next

• The House is expected to vote on the GENIUS Act on Thursday. If it passes, it will proceed directly to President Trump’s desk for signature.

• The CLARITY Act could be voted on next week, though timing remains flexible.

• The NDAA, now containing the CBDC ban, will follow its usual path through Congress and is expected to pass later this session.

Conclusion

This week’s developments mark a significant moment in U.S. crypto policy. With stablecoin regulation, digital asset market structure, and CBDC limitations now moving through Congress, lawmakers are positioning the United States for a new era of financial innovation—while drawing firm boundaries around central bank authority.

@ Newshounds News™
Source: CoinCentral   

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Citi and JP Morgan Confirm Strategic Shift Toward Stablecoins and Tokenized Deposits

The Q2 2025 earnings calls for Citi and JP Morgan offered a revealing look into how two of the world's largest financial institutions are positioning themselves within the evolving digital asset ecosystem—particularly in the areas of stablecoins and tokenized deposits.

While both banks expressed different tones on the future of these technologies, each confirmed a growing commitment to active participation, driven in part by regulatory clarity and competitive pressure from fintechs.

JP Morgan: Expanding Its Digital Footprint Despite Skepticism

During the call, JP Morgan CEO Jamie Dimon acknowledged growing customer demand and said the bank would remain “a player” in stablecoins and tokenized banking—even as he voiced skepticism about their necessity.

“We’re going to be involved in both JPMorgan deposit coin and stablecoins — to understand it, to be good at it,” said Dimon. “I think they’re real, but I don’t know why you’d want a stablecoin as opposed to just payment.”

Still, the bank is moving ahead with its plans:

• JPMD, its deposit token pilot on a public blockchain, is currently being tested with both direct clients and the clients of affiliated financial institutions.

• Kinexys Digital Payments (formerly JPM Coin/Onyx), JP Morgan’s permissioned blockchain-based platform, continues to process over $2 billion in daily transactions across global branches.

Dimon also hinted at the possibility of a joint bank-issued stablecoin, similar in spirit to Zelle, though he declined to confirm specifics.

“That’s a great question, and we’ll leave it remaining as a question,” he quipped, acknowledging the broader fintech pressure. “The way to be cognizant is to be involved.”

Citi: Emphasizing Tokenized Deposits and Custody Solutions

Citi CEO Jane Fraser offered a more structured and optimistic view, laying out four areas of focus as the bank deepens its digital asset capabilities:

1. Reserve management for stablecoins

2. On/off-ramping between fiat and digital coins

3. Exploring issuance of a Citi-branded stablecoin

4. Tokenized deposit infrastructure and crypto custody

Fraser confirmed that Citi Token Services, launched last year, is now live in four jurisdictions and has already processed billions in transactions. She described tokenized deposits as a core strategic pillar for the bank’s future positioning in digital finance.

“This is a good opportunity for us,” Fraser concluded, noting the potential for custodial services and new issuance models.

Legislative Catalyst: GENIUS Act Nearing Final Passage

A major driver behind the renewed interest from U.S. banks is the pending federal legislation on stablecoins. The GENIUS Act, which recently passed the Senate, is expected to be voted on in the House this week. The Act would create a legal framework for the issuance, regulation, and integration of stablecoins, giving banks and fintechs a clear path forward.

With regulatory uncertainty beginning to lift, both Citi and JP Morgan are racing to develop internal infrastructure, offerings, and services that will allow them to capitalize on the shift toward tokenized finance and on-chain banking.

@ Newshounds News™
Source: Ledger Insights

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

News, Rumors and Opinions Thursday AM 7-17-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

Restored Republic via a GCR: Update as of Thurs. 17 July 2025

Compiled Thurs. 17 July 2025 12:01 am EST by Judy Byington

Summary:

As of Thursday, July 17, 2025 – Reports circulating from sources aligned with the “Restored Republic via a GCR” movement indicate that the world is on the cusp of a monumental transformation, with a Global Currency Reset (GCR) and the reestablishment of a restored republic allegedly in its final, active stages.

 The public is urged to “Be Prepared” for what is described as an imminent rollout of the Emergency Broadcast System (EBS), a 72-hour blackout, and a Ten-Day Global Shutdown.

Possible Timing:

On Sun. 6 July 2025 The Quantum Financial System (QFS) was now (allegedly) online, signaling the dawn of a sovereign, debt-free world.

On Monday, July 7, the U.S. Treasury and Department of Defense (allegedly) green lit final payouts under the Global Currency Reset.

On Friday, July 11 at 7:00 PM ET — the old Fedwire® FAIM wire format for bank money transfers ended permanently.

On Sun. 13 July night at 9:00 PM ET the ISO® 20022 standard went live. Any financial messages not compliant was now rejected, as new digital rails took over with precision-timed data flows.

On Mon. 14 July at 8:33 PM EST (Tues. 15 July 2025 at 03:33 UTC Universal Time), Operation Chrysalis (allegedly) launched. The global currency values quietly recalibrated — marking the final reset. Treasury quantum nodes took full control. Legacy banking systems went into read-only mode. Payment processors now have 11 milliseconds to handshake with the new system, or be frozen and flagged for forensic audit.

Mon. 14 July was the final migration day before all Banks and FedWire went live on ISO20022. The day before “Crypto Week” began as labeled by US President Trump.

On Tues. 15 July, the Emergency Broadcast System (allegedly) locked in. All frequencies shifted from 60Hz to 432Hz, signaling activation.

Redemption Centers were now (allegedly) opened worldwide. Citizens will be invited in to create their own secure QFS wallets through StarLink terminals.

Thurs. 17 July 2025 was rumored to be a celebration day for the new American Republic and Global Currency Reset.

On Fri. 18 July revalued currencies will(allegedly)  be made public. Fiat (allegedly) collapses instantly. QFS wallets activate globally for Tier 5 (the people). Energy, food, and commodity values shift in real time. It’s the end of centralized debt slavery.

GESARA is officially (allegedly) launched: – Global debt wiped – Central banks absorbed – Deepstate wealth returned to the people – Patriot-controlled banking systems emerge

Aug. 1 2025 President Trump: “Payments to citizens start on Aug. 1. You’ll be very happy because you’re gonna get a lot of money.”

Global Financial Situation:

Tues. 15 July 2025: MONETARY WARFARE INITIATED: 10,000 BRICS Banknotes Printed — The Dollar Is Targeted and President Trump Is Preparing the Counterstrike – amg-news.com – American Media Group

Read full post here:  https://dinarchronicles.com/2025/07/17/restored-republic-via-a-gcr-update-as-of-july-17-2025/

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

Frank26  If the salaries and the HCL is all tied to the oil and it's all found where?  In the budget.  The glue is a new exchange rate.

Militia Man Iraq has about $100 billion in reserves or more and they've got about 146 tons of gold and instead of being just oil they've got non-oil resources.  All of that supports Iraq's real effective exchange rate into the future...

Walkingstick  The HCL belongs to the Iraqi citizens.  They get what's called a stipend, you get a little piece of it.  But that little piece, along with the purchasing power...will make these Iraqi citizens very happy because the oil belongs to the Iraqi citizens...Iraqi citizens all have their own accounts so this stipend of the oil will be given to them.  If they didn't have those bank accounts, they wouldn't be getting this oil...It is now digital.

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BREAKING NEWS Drone Strikes in Northern Iraq

Edu Matrix:  7-17-2025

Breaking news unfolds as the morning sun rises over northern Iraq, only to be disrupted by the chilling hum of drones above the vital oil fields of Zakho.

Dramatic explosions at the Tawke and Peshkabir facilities send black smoke billowing into the sky, forcing an immediate shutdown as workers race to safety.

As the day progresses, chaos escalates with drone strikes hitting the Baadre field and engulfing Sarang in flames, igniting fury across the region.

Accusations fly as the Kurdistan Regional Government decries these strikes as “terrorist attacks,” linking them to Iran-backed militias.

With the fragile balance of power in Iraq at stake, the threat looms large. Witness the unfolding turmoil and the human cost behind these devastating strikes.

OUTLINE:

00:00:00 Sunrise Over Oil Fields

00:00:34 Attacks on Baadre and Sarang

 00:01:00 Accusations and Denials

00:01:33 Global Markets vs. Local Impact

 00:02:00 Tensions and Uncertainty

https://www.youtube.com/watch?v=4pU-AlaCgOQ

“Tidbits From TNT” Thursday Morning 7-17-2025

TNT:

Tishwash:  Kurdistan Region ratifies new financial agreement with Baghdad

 The Kurdistan Regional Government's Council of Ministers approved a new understanding with the federal government on Wednesday, which includes mechanisms for disbursing salaries and financial dues to the region's employees, in addition to mutual financial and oil commitments.

The council held its meeting, chaired by Prime Minister Masrour Barzani, with the participation of Deputy Prime Minister Qubad Talabani, according to an official statement issued by the regional government.

At the beginning of the meeting, the Council of Ministers condemned the terrorist attacks targeting the region's oil fields, which led to material losses in the energy sector, stressing that their aim was to harm the economic infrastructure. The Council called on the federal government to take firm legal measures to stop these attacks and hold those responsible accountable.

The meeting also discussed the negotiating process with the federal government regarding the financial situation and salaries of the region's employees, with the Prime Minister and his deputy providing a detailed explanation of the results of the talks held in Baghdad yesterday.

According to the statement, the understanding included the federal government sending salaries and financial dues to the region in accordance with the new agreement. The Council of Ministers welcomed these understandings and decided to proceed with their implementation.

In a related development, Ali Hama Salih, head of the "Mawqif" bloc in the Kurdistan Parliament, wrote in a Facebook post that the regional government, under the agreement, agreed to deliver 120 billion dinars per month in local revenues, in addition to 230,000 barrels of oil per day to Baghdad.  link

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 Tishwash:  Learn about the details of the new financial agreement between Baghdad and Erbil.

An informed source revealed details of a new financial agreement concluded between the federal government in Baghdad and the Kurdistan Regional Government on Wednesday, aiming to settle salaries, oil exports, and unify revenues .

The source told Al-Sa'a Network, "The agreement stipulates that the Kurdistan Regional Government will hand over 240 billion dinars in revenues for the months of May and June, at a rate of 120 billion dinars per month, in addition to handing over 230,000 barrels of oil per day to Baghdad, in exchange for the latter sending the salaries of the region's employees for those two months ."

He pointed out that "the regional government will actually begin the process of handing over local revenues from border crossings, along with the agreed-upon amount of crude oil, as part of implementing the terms of the new agreement ."

The source added, "The next phase will witness meetings between joint technical committees to review and audit figures and statistics related to oil exports and imports, as well as to discuss the region's share of the federal budget  link

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Tishwash:  American companies seek investments in Iraq's gas sector.

ectNew tender issued for a floating liquefied natural gas (LNG) terminal pro

 With Iraq suffering from a severe gas and electricity shortage, especially in the summer, and insufficient domestic production, a large portion of which is flared as associated gas, and with gas imports from Iran having fallen by more than half, the country has re-tendered the construction of a floating storage and regasification unit (FSRU) to convert liquefied natural gas into gas for use in power plants.

The American company Accelerate Energy currently appears to be the favorite to implement this project. 

A report published on the American energy news website Oil Price indicates that Iraq's plan to begin importing liquefied natural gas (LNG) this summer has not been successful, prompting the government to urgently revise its ambitions for the floating terminal.

With electricity demand increasing and gas supplies scarce, the Ministry of Oil has re-tendered the FSRU in an attempt to secure regasification capacity in time for summer 2026. US-based Accelerate Energy is now the most likely supplier, after a previous agreement with the UAE's Breeze Investment failed to advance.

The report states that timing is critical, as Baghdad faces another peak season without enough gas to stabilize the electricity grid, while US sanctions and fluctuating Iranian supplies are narrowing Iraq's fuel options.

 The FSRU project will not only provide a technical solution, but could also be a turning point in Iraq's foreign energy policy by opening a commercial channel for importing gas from the United States.

Initial plans to import LNG were drawn up in early 2024, when the Ministry of Oil issued a limited tender to lease an FSRU, which would dock at one of the southern ports (Khor al-Zubair or Umm Qasr) and feed a 1.2 GW power plant under construction near Basra. Officials had hoped to have the unit operational before the peak summer of 2025, but this goal has not been met.

According to a report by MEES on July 11, initial talks with Breeze Investment stalled in June after the company's vessels were reassigned. Ezzat Saber, the deputy oil minister for gas affairs, told reporters that the government had urgently re-tendered the contract and expected to sign it within 10 days. However, any new agreement would likely extend beyond the current summer window, as contract timing, permitting, offshore infrastructure preparation, and ship commissioning all take time. Even if a quick deal is signed in July, gas flows are unlikely before the second quarter of 2026.

Baghdad is currently in active talks with Accelerate, which participated in the tender with Breeze earlier this year and is now the only viable short-term supplier. Accelerate owns a global fleet of regasification vessels and has recorded successful operations in several other countries. Its Exemplar vessel is reportedly completing a short mission in the Mediterranean and could reposition to Iraq in early 2026 if contracted soon.

For this reason, LNG imports are Iraq's most visible response to the gas supply crisis that has affected the electricity sector for more than a decade. Associated gas collection and processing remain insufficient and often flared, while non-associated fields remain undeveloped. The deficit peaks in the summer, when electricity demand exceeds 30 gigawatts. Production is expected to fall by more than 6 gigawatts during peak periods this year.

Iraq has long relied on gas and electricity imports from Iran to bridge its deficit, but this lifeline is beginning to shrink. In March 2025, the Trump administration allowed the sanctions waiver that had allowed Iraq to import electricity from Iran to expire, halting those imports and triggering emergency measures.

 While the waiver allowing the import of Iranian gas remains in place, supplies have declined sharply. In early 2025, Iraq was receiving around 50 million cubic meters per day of Iranian gas, but by June, that figure had fallen to around 25 million cubic meters, according to government data.
The anticipated FSRU represents more than just a temporary solution; it will give Iraq its first access to international LNG markets and open a new, seamless supply channel.
From the United States' perspective, Accelerate's potential role as a supplier and operator presents an opportunity to strengthen strategic energy economic ties with Baghdad.

According to a Bloomberg report, with Iranian gas imports declining by about 25 million cubic meters per day, Iraq reported in early July a decrease in electricity generation capacity of about 3.8 gigawatts. link

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Mot:  Sooooooo -- How Ya Get an old lady to Cuss!!!???

Mot:  Ya Know!!! -- It's all about priorities!!!!  

History’s Repeating, this Signal Crashed a Major Economy

History’s Repeating, this Signal Crashed a Major Economy

Steven Van Metre:   7-16-2025

The video presents a detailed analysis of a looming economic crisis centered on China’s economy, which investors increasingly believe is on the brink of collapse.

It highlights how the bond market, specifically long-term Chinese Treasury bond ETFs, is signaling expectations of a deep recession in China—contrary to misleading headlines suggesting investors are merely seeking safety.

The video uses U.S. economic data trends, particularly bond yields and GDP correlations, to illustrate how bond markets typically lead economic downturns.

Investors are speculating that China’s monetary easing efforts by the People’s Bank of China (PBOC) will fail to stimulate the economy effectively, prompting expectations of aggressive rate cuts and deflationary pressures.

The video emphasizes that monetary policy alone cannot revive growth if demand remains weak because new money creation depends on borrowing, and when borrowing contracts, money is effectively destroyed. This dynamic is reflected in falling commercial loan growth and weak consumer demand globally, including in the U.S.

China’s economic indicators show mixed signals: while GDP targets have been met, they mask fragile domestic demand and a housing market in steep decline.

Consumer retail sales, especially discretionary spending, have fallen sharply, signaling deeper economic pain. Despite government subsidies, the broader economy is deflating, with consumer price deflators in decline for nine consecutive quarters and real estate prices falling at their fastest pace in months.

The risks extend beyond China, with global spillover effects expected as Asian, European, and American economies face similar demand contractions.

U.S. data show slowing loan growth due to falling demand, weakening consumer spending power, and potential labor market vulnerabilities as manufacturers front-run tariff impacts with rising inventories but declining new orders.

The video concludes by warning that this bond-market-led signal resembles those preceding past financial crises, suggesting the global economy could be headed for another downturn.

 It contrasts this grim outlook with a brief promotion of Next NRG, a company pioneering AI-driven clean energy solutions, highlighting its growth potential amid the evolving energy landscape.

https://youtu.be/S-naHkVvXas

More News, Rumors and Opinions Wed. PM 7-16-2025

KTFA:

Clare:  IMF Explains Iraq's Exchange Rate Arrangement

16th July 2025   By John Lee.
 
The International Monetary Fund (IMF) has issued a brief explainer on Iraq's exchange rate arrangement.

As part of a follow-up to last week's report on the state of the Iraqi economy, the IMF clarified as follows:

"Exchange Rate Arrangement

"Iraq's de jure and de facto exchange rate arrangements are classified as a conventional peg arrangement. The Central Bank Law gives the Board of the Central Bank of Iraq (CBI) the authority to formulate exchange rate policy.

"Effective February 8, 2023, the official exchange rate was set at ID 1,320 according to the closing prices of the daily bulletin of gold & main currencies published on the CBI website (www.cbi.iq).

"There has been a change to Iraq's exchange system since the last Article IV Consultation. Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any restrictions under this provision.

Iraq does not maintain any current account exchange restrictions or MCPs [Managed Currency Pegs].

Starting January 2025, all international transactions have been routed through commercial banks via their correspondent banking relationships (CBRs).

"The Central Bank of Iraq (CBI) replenishes these balances weekly based on foreign exchange demand and conducts audits to ensure that the allocated funds are used in compliance with AML/CFT regulations. Private banks are also encouraged to broaden their CBR networks, particularly with non-U.S. financial institutions."   LINK

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Clare:  Kurdish leader: Federal Council of Ministers to hold emergency meeting tomorrow... reason to be revealed

 7/16/2025

Mahmoud Khoshnaw, a leader in the Patriotic Union of Kurdistan (PUK), revealed that an emergency meeting of the federal cabinet will be held tomorrow to discuss the outstanding issues between Baghdad and Erbil, most notably the salaries of Kurdistan Region employees and oil exports.

 Khoshnaw told Al Furat News: "A meeting was held recently in the region to discuss the salaries issue, and resulted in the approval of a draft memorandum of understanding between the two sides regarding the resumption of oil exports through SOMO, in addition to regulating non-oil revenues."

He added, "Both sides are counting on the Federal Council of Ministers meeting tomorrow, Thursday, to reach a legal and constitutional solution that will end the crisis and put an end to the escalating tension between the central government and the region, particularly regarding financial rights."

Raghad

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

Frank26  Community Comment:   "The IMF just posted Iraq is not going to do anything with their exchange rate next year or the year after. We're screwed.  They're never going to raise the value."  Did you also see where the IMF posted Iraq is going through a revaluation of their currency right now?  Which one are you going to accept.

Militia Man  Everybody's ready to do business in Iraq.  Now we're waiting to see if we can get this over the edge at any time now.  We're hoping the resolution comes out of the oil deal with the Kurds and Baghdad.  It's all budget related.  That court case they postponed is effectively budget related because article 12-2C is an amendment for the '23/'24  budget... Before the parliament gets those 2025 budget schedules that's what I'm looking for.

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'They've Been EXPOSED' - SILVER Shorts Have Lost Control: Andy Schectman

Commodity Culture:  7-16-2025

Andy Schectman believes that the recent bullish price action in silver is directly related to the big bullion banks losing control of their short positions, and being forced to cover and go long the metal, as fundamentals overtake price manipulation in a major paradigm shift.

Andy discusses why now could be the time for silver to run to $50 and beyond, how a high silver price could affect industrial demand, the recent BRICS Summit in Rio and its implications for gold and the US dollar, and much more

00:00 Introduction

01:11 Time For Silver to Run?

11:53 Silver Shorts Have Lost Control

16:48 Industrial Impact of $50 Silver

23:50 BRICS Summit in Rio

https://www.youtube.com/watch?v=gEo548O5BZI

Seeds of Wisdom RV and Economic Updates Wednesday Afternoon 7-16-25

Federal Reserve, OCC, FDIC Outline Expectations for Bank Digital Asset Custody

In a major shift toward integrating traditional banking with digital assets, U.S. federal banking regulators have issued a formal statement clarifying expectations for banks offering crypto-asset custody services.

Released jointly by the Federal Reserve Board, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC), the statement highlights operational and compliance expectations—but emphasizes that it does not create new supervisory rules, only reiterates existing obligations and risk considerations.

Background: Trump-Era Regulatory Shift

This latest guidance comes amid broader regulatory reform under President Trump’s second administration, which has actively reversed prior restrictions on banks engaging in digital asset services.

One of the most notable reversals was the rescission of SEC Staff Accounting Bulletin (SAB) 121, just four days after Trump’s January 2025 inauguration. SAB 121, implemented during the Biden administration, had essentially prohibited banks from offering crypto custody services by imposing harsh capital treatment.

As a result, bank participation in digital asset custody was virtually nonexistent in 2023, according to data from the Basel Committee on Banking Supervision. However, by mid-2024, that figure surged to nearly $16 billion, signaling rapid institutional re-engagement with crypto safekeeping.

Core Focus: Risk Management and Staff Expertise

The statement places strong emphasis on staff competency and internal controls:

“Given the complexities of crypto-asset safekeeping, a banking organization’s board, officers, and employees should have the requisite knowledge and understanding... to establish adequate operational capacity and appropriate controls,” the regulators wrote.

Key areas of concern include:

• Management of cryptographic keys

• Third-party technology reliance

• Compliance with anti-money laundering (AML) obligations

• Adherence to the Bank Secrecy Act (BSA)

Even when custody is provided directly, the regulators note that most banks depend on third-party technology vendors, elevating operational and cybersecurity risks.

New OCC Head Has Crypto Background

In a related development, the Senate last week confirmed Jonathan Gould as the new head of the OCC, one of the three agencies issuing this guidance. Gould previously held a position at crypto mining and infrastructure firm Bitfury, alongside former acting Comptroller Brian Brooks, known for his crypto-forward stance during the Trump administration’s first term.

This unified federal statement signals a significant policy realignment, reinforcing the Trump administration’s intent to legitimize digital assets within the U.S. banking framework while ensuring regulators remain focused on safety, soundness, and compliance in a rapidly evolving financial ecosystem.

@ Newshounds News™
Source: Ledger Insights

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China Settles $855 Billion in Trade With BRICS Countries in First Half of 2025

China has recorded a massive $855 billion in trade with BRICS member countries during the first half of 2025, signaling the continued realignment of global trade dynamics away from traditional Western dominance.

According to Lu Daliang, Director of the Statistics and Analysis Department at the General Administration of Customs, this total—equivalent to 6.11 trillion yuan—reflects a 3.9% year-on-year increase compared to the same period in 2024. Daliang confirmed the figures during a press conference, emphasizing the growing strength of the BRICS economic alliance.

BRICS Gaining Momentum in Cross-Border Trade

This surge in trade reinforces the broader strategy of BRICS to foster intra-bloc economic cooperation and reduce reliance on Western financial systems. In the first six months of 2025 alone, BRICS and partner countries accounted for 28% of China’s total foreign trade, showcasing a significant shift toward South-South collaboration.

China’s $855 billion trade with BRICS members was primarily driven by:

• Chemicals and metallurgical products

• Electronic components and industry goods

• Petrochemical equipment

• Metalworking machines

• Agricultural equipment, including cotton harvesters and combines

This diverse portfolio of industrial trade underscores BRICS' growing independence and mutual interdependence in key supply chains.

China-SCO Digital Trade Platform: A Challenge to the USD?

In a parallel development, China proposed a new digital trading platform to enhance commerce with member states of the Shanghai Cooperation Organization (SCO). The proposal, announced during the SCO Global Mayors Dialogue held in Tianjin, hints at the possibility of bypassing the U.S. dollar in future transactions.

If implemented, such a platform could significantly impact the USD’s global dominance in international settlements, further supporting ongoing de-dollarization trends within the BRICS and SCO alliances.

Conclusion

As geopolitical and economic alliances deepen between China and its BRICS counterparts, the global financial order continues to evolve. With $855 billion in trade already settled in the first half of 2025, China’s strategy reflects a clear pivot toward a multipolar, non-dollar-dominated global trade structure—a development that will have lasting implications for global markets, monetary policy, and cross-border commerce.

@ Newshounds News™
Source: Watcher.Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

Economist’s “News and Views” 7-16-2025

More US States Now Accepting Gold As Legal Tender | Andy Schectman & Jason Cozens

Thoughtful Money:  7-16-2025

The US Constitution clearly spells out that gold & silver -- and ONLY gold & silver -- are money.

But trying using them to buy something. Or pay your taxes.

Until very recently, you really couldn't. But now, an increasing number of US states have passed laws acknowledging gold & silver as legal tender again.

We discuss the why & the how of this with precious metals experts Andy Schectman and Jason Cozens.

Live audience Q&A will be taken in the back half of the discussion.

https://www.youtube.com/watch?v=cPte_DNWLS8

Gold or Silver? What Sound Money Insiders Are Betting On

7-16-2025

ITM’s Daniela Cambone reunites with Taylor Kenney behind the scenes at the Rick Rule Symposium in Boca Raton for a dynamic and candid conversation.

Taylor opens up about how she chooses her content themes—from de-dollarization to the role of gold—and why being on the ground with like-minded thinkers is so validating.

You also won’t want to miss the fun segment where Taylor hits the floor to ask attendees the big question: gold or silver?

Hear what they had to say—and where they believe prices are headed next.

https://www.youtube.com/watch?v=dXNaTVQi2Hc&t=112s

BRICS Central Banks Cut LBMA Out

Arcadia Economics:  7-16-2025

Let's just say that things between the BRICS and the West have not gotten better in recent times. And this morning Vince Lanci explains how the central banks of the BRICS nations are now cutting out the LBMA.

https://www.youtube.com/watch?v=OSkO6EXU6yM

Huge GOLD News! Central Banks & BRICS Are About to Change Gold & Silver Prices Forever - Adrian Day

Huge GOLD News! Central Banks & BRICS Are About to Change Gold & Silver Prices Forever - Adrian Day

Money Sense:  7-16-2025

WisdomTree projects gold to reach 4,000 dollars by 2030 in its base case forecast, pointing to the steady expansion of the global money supply and increasing demand for hard monetary assets.

As economic uncertainty deepens, more investors are turning to stores of value that can preserve purchasing power amid ballooning debt, inflation risks, and declining confidence in traditional institutions.

Adrian Day of Adrian Day Asset Management notes that if upcoming economic data comes in stronger than expected and interest rate cuts are delayed, it could temporarily ease the urgency behind the gold trade.

Still, he emphasizes that the broader picture remains firmly bullish. Central banks continue to accumulate gold as part of a long-term shift away from the dollar, which is increasingly seen as a political liability rather than a neutral reserve asset.

 A recent World Gold Council survey of more than 70 central banks found that 95 percent expect to increase their gold holdings this year, while most anticipate a decline in dollar reserves over the next five years. If this pace continues, 2025 is on track to mark another record year for central bank gold accumulation.

According to Day, this trend reflects rising concern among foreign institutions over the U.S. government’s use of the dollar as a geopolitical tool. From tariffs to sanctions, the weaponization of the dollar has undermined trust, especially among emerging economies and key trading partners.

That, combined with growing worries over the debt ceiling, fiscal irresponsibility, and questions surrounding the Federal Reserve's independence, continues to weigh heavily on the greenback.

Even if gold experiences a near-term pullback over the next month or two, Day views it as a buying opportunity. He admits that feeling so confident about gold’s long-term trajectory makes him slightly uneasy—but he believes the fundamentals strongly support the case for higher prices ahead.

 Gold touched a three-week high on Monday, driven by safe-haven demand after President Trump threatened new tariffs on both the European Union and Mexico. Meanwhile, silver also surged, nearing a 14-year peak and confirming the strength of investor interest across the precious metals sector.

Adrian Day notes that gold’s continued ascent is now capturing broader attention. Initially, many dismissed the rally as a short-term move, but as prices have steadily climbed, the market is starting to take it seriously.

That growing recognition alone is fueling more interest from both institutional and retail investors. This week, traders are closely watching upcoming U.S. economic data, notably the Consumer Price Index and Producer Price Index, for signals on the Federal Reserve’s next move.

 Market expectations currently point to 50 basis points of rate cuts before year-end, likely beginning in October. A declining interest rate environment has historically been favorable for gold, which carries no yield and becomes more attractive when real rates fall.

https://www.youtube.com/watch?v=Fynr014-Ydc

Seeds of Wisdom RV and Economic Updates Wednesday Morning 7-16-25

House Republicans Block Epstein Files Amendment to Landmark Crypto Bill

As “Crypto Week” begins in Washington, House Republicans have voted to block a controversial amendment to one of the most important crypto bills under consideration—one that would have compelled the Department of Justice (DOJ) to release the highly scrutinized Epstein files.

Democrats Propose Epstein Amendment to GENIUS Act

On Monday, the House Rules Committee rejected an amendment to the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, introduced by Representative Ro Khanna. The amendment sought to mandate that Attorney General Pam Bondi release and publish records related to investigations, prosecutions, or the incarceration of Jeffrey Epstein within 30 days of the bill becoming law.

This effort came amid renewed Democratic pressure following criticism of how the Trump administration's DOJ handled the Epstein case, including its conclusion that Epstein’s death was a suicide and that no client list existed.

Democrats viewed the amendment as a way to leverage internal GOP tensions and force a vote that could place Republicans in a politically vulnerable position. Representative Marc Veasey also announced a resolution pushing for the full release of all Epstein-related DOJ files.

Rules Committee Prioritizes Crypto, Not Epstein Files

On July 14, the House Rules Committee voted 6-5 against including Khanna’s amendment. Republicans argued that the proposal was not relevant to the GENIUS Act, which is focused on stablecoin regulation, not criminal investigations.

The GENIUS Act—originally introduced by Senator Bill Hagerty—seeks to create a clear regulatory framework for stablecoins like USDT and USDC, placing them under Federal Reserve oversight. Supporters say it will “unleash innovation” and support President Trump’s vision of making the U.S. a global crypto leader.

Interestingly, Republican Representative Ralph Norman broke ranks to vote with Democrats in favor of the amendment, stating that “the public’s been asking for it.” However, Norman later opposed Representative Veasey’s separate resolution on procedural grounds, saying, “We’re talking about crypto, Jim. We’re talking about regulations.”

GENIUS and CLARITY Acts May Merge Ahead of August Deadline

The GENIUS Act already passed a full Senate vote in mid-June and is currently moving through the House of Representatives. Lawmakers have since discussed combining the bill with the CLARITY Act, another cornerstone crypto regulation proposal, to improve their chances of passing before the August recess.

However, Senate Banking Committee Chair Tim Scott has since signaled a new timeline, suggesting that GENIUS and CLARITY could advance independently to avoid procedural delays.

While the Epstein-related efforts were blocked, the broader legislative push around crypto regulation remains on track, with lawmakers aiming to finalize a framework that could reshape U.S. digital asset policy.

@ Newshounds News™
Source: Bitcoinist

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Trump Cuts Deal to End Republican Revolt on Crypto Bills

Former President Donald Trump has intervened to restore Republican support for a suite of major cryptocurrency bills after a GOP revolt temporarily derailed progress over concerns about central bank digital currencies (CBDCs).

On Tuesday evening, Trump announced on his Truth Social platform that he had met with 11 of the 12 Republican holdouts in the Oval Office and secured their commitment to vote in favor of the bills when the House reconvenes.

“I am in the Oval Office with 11 of the 12 Congressmen/women necessary to pass the GENIUS Act and, after a short discussion, they have all agreed to vote tomorrow morning in favor of the Rule,” Trump wrote.

Crypto Bills Delayed Over CBDC Concerns

The Republican standoff halted Tuesday’s expected vote on three key crypto bills:

• The GENIUS Act, which sets rules for stablecoin issuance

• The Anti-CBDC Surveillance Act, which bans a Federal Reserve–issued CBDC

• The CLARITY Act, a broader crypto market structure framework

Thirteen Republican lawmakers, including high-profile names like Marjorie Taylor Greene, Andy Biggs, and Anna Paulina Luna, opposed moving forward without an explicit ban on CBDCs included in the GENIUS Act.

Some wanted the three bills to be bundled into a single legislative package, while others sought amendments to further guarantee self-custody rights and block any indirect pathways to a government-backed digital currency.

“I just voted NO on the Rule for the GENIUS Act because it does not include a ban on central bank digital currency,” said Rep. Greene.

“The bill doesn’t guarantee self-custody,” added Rep. Biggs, calling for an open amendment process.

Trump's Executive Order Already Opposes CBDCs

Trump's re-engagement with crypto comes after he issued an executive order in January barring the Federal Reserve from developing a retail CBDC, a move that aligned him with the industry’s call for decentralized digital finance.

House Speaker Mike Johnson credited Trump’s influence for restoring momentum:

“I’m thankful for President Trump getting involved tonight to ensure that we can pass the GENIUS Act tomorrow,” Johnson posted on X.

Still, the bill’s language already prohibits the Fed from offering public-facing digital accounts, according to Eleanor Terrett, host of the Crypto in America podcast.

“The bill shall not be construed as expanding the Fed’s authority to offer services directly to the public—meaning it cannot authorize digital wallets, personal accounts, or anything CBDC-related,” she explained.

Procedural Challenges and Strategy Shifts

Tensions also arose over how the bills should be passed. Some Republicans wanted them voted on as a single package, while Speaker Johnson argued they should advance in succession to avoid procedural issues in the Senate.

“It’s a priority of the White House, the Senate, and the House to do all of these crypto bills,” Johnson told Politico, but added, “We have to do them in succession.”

Despite the delay, industry insiders remain optimistic. Caitlin Long, CEO of Custodia Bank, urged calm, pointing out that the GENIUS Act initially failed in the Senate before passing 11 days later.

House Reconvenes Wednesday

The House is scheduled to meet again on Wednesday to resume debate and move the crypto bills forward. If successful, it could mark a turning point in the legislative effort to establish clear U.S. digital asset regulation before the August recess.

The GENIUS Act passed the Senate in June with bipartisan support, but Democratic opposition to Trump’s rising alignment with the crypto industry remains a factor heading into final negotiations.

@ Newshounds News™
Source: Cointelegraph

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Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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Thank you Dinar Recaps

News, Rumors and Opinions Wed. AM 7-16-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 16 July 2025

Compiled Wed. 16 July 2025 12:01 am EST by Judy Byington

Judy Note: It is my personal opinion that everything – the EBS, GCR, new American Republic – will happen on Thurs. 17 July 2025.

 On Sun. 6 July 2025 The Quantum Financial System (QFS) was (allegedly)  now online, signaling the dawn of a sovereign, debt-free world.

On Monday, July 7, the U.S. Treasury and Department of Defense (allegedly)  green lit final payouts under the Global Currency Reset.

On Friday, July 11 at 7:00 PM ET — the old Fedwire® FAIM wire format for bank money transfers ended permanently.

On Sun. 13 July night at 9:00 PM ET the ISO® 20022 standard went live. Any financial messages not compliant was now (allegedly)  rejected, as new digital rails took over with precision-timed data flows.

On Mon. 14 July at 8:33 PM EST (Tues. 15 July 2025 at 03:33 UTC Universal Time), Operation Chrysalis(allegedly)   launched. The global currency values quietly recalibrated — marking the final reset. Treasury quantum nodes took full control. Legacy banking systems(allegedly)   went into read-only mode. Payment processors now have(allegedly)   11 milliseconds to handshake with the new system, or be frozen and flagged for forensic audit.

Mon. 14 July was a big date for XRP – the Ripple CEO Brad Garlinghouse has it tattooed on his arm. The final migration day before all Banks and FedWire went live on ISO20022. The day before “Crypto Week” began as labeled by US President Trump. Digital Assets Daily on X: “Today is a big date for XRP… So much so, the Ripple CEO Brad Garlinghouse has it tattooed on his arm… Also the final migration day before all Banks and FedWire go live on ISO20022… As well as the day before “Crypto Week” begins, as labeled by US President Trump… https://t.co/Xr3jcl1Iw4” / X

On Tues. 15 July, the Emergency Broadcast System(allegedly)   locked in. All frequencies shifted from 60Hz to 432Hz, signaling activation.

Redemption Centers were now (allegedly)  opened worldwide. Citizens will be (allegedly)  invited in to create their own secure QFS wallets through StarLink terminals.

Thurs. 17 July 2025 was rumored to be a celebration day for the new American Republic and Global Currency Reset.

On Fri. 18 July revalued currencies will (allegedly)  be made public. Fiat collapses instantly. QFS wallets activate globally for Tier 5 (the people). Energy, food, and commodity values shift in real time. It’s the end of centralized debt slavery.

GESARA is officially launched: – Global debt wiped – Central banks absorbed – Wealth returned to the people – Patriot-controlled banking systems emerge

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Global Currency Reset:

Wed. morning 16 July 2025 (in Australia) Wolverine: “It’s happening, guys. I’m told to get out the Champaign bottle. The reset has begun.”

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Tues. 15 July 2025 Bruce:

Advances will go out first to certain people

Bond Holders were next and thought they would get access today – didn’t happen

It’s looking very good for Tier4b (us the Internet Group) to receive the toll free numbers to set appointments to exchange currencies and redeem Zim Bonds Wed. or Thurs of this week.

There were 25,000 Redemption Centers in US, Canada and Mexico

Outside the US and Canada and in Mexico you would call a large national bank to receive your appointment.

Bruce was told last night that everything was done.

The 800 number would go out in your email.

If you’re a Zim holder, you have automatic priority for medbeds. If you have a direct need and are a Zim holder, you are at the top of the pile! Head of the Class! You can recommend 6 people with phone numbers they can contact and invite to use a medbed.

Read full post here:  https://dinarchronicles.com/2025/07/16/restored-republic-via-a-gcr-update-as-of-july-16-2025/

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

Mnt Goat   Statements made by the US State Department...urged Baghdad and Erbil to resolve their disputes through constructive dialogue. She emphasized that settling the Kurdistan Region’s salary issue would demonstrate Iraq’s commitment to a stable investment climate, while also paving the way for broader cooperation—such as reopening the Iraq-Turkey pipeline and expanding energy projects with US companies. I am telling you that these issues matter and by resolving them Iraq can show they... are ready to work in the global community. This is what the U.S. is looking for. It’s called STABILITY.

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:
Television says America's new trade map is now open to Iraq.  FRANK: You know what the map contains?  A new exchange rate.  You think Trump wants to trade with you guys at 1310?  No.  He put tariffs on you instead didn't he?  Which tells you, 'I don't want that garbage.  Get rid of your 1310, I get rid of the 30%.  You don't get rid of the 1310 by the end of this month, I'm going to go with 60%.'  That's not good is it?  Yes it is!  The pressure not just on Sudani but the GOI, CBI, everybody that's behind the monetary reform.

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Andy Schectman: Reset Happening Now — Gold is Key, Silver Has Massive Potential

Investing News:  7-16-2025

Andy Schectman of ‪@MilesFranklinMedia lays out his takeaways from the latest BRICS meeting, saying he sees a reset happening now.

He also weighs in on the implications for gold and explains why he sees massive potential in silver.

"Ultimately higher than anyone thinks possible," he said about the silver price. "I think it's the most undervalued asset on the planet.

The word that I think of is asymmetrical — low downside, high upside."

https://www.youtube.com/watch?v=ps7xsRbwlo4

“Tidbits From TNT” Wednesday Morning 7-16-2025

TNT:

Tishwash:  The Minister of Finance reveals the reason for the delay in approving the budget.

 Finance Minister Taif Sami revealed the reason for the federal government's failure to approve the budget and the delay in submitting it to parliament, according to a statement by MP Rashid Al-Maliki on Wednesday.

Al-Maliki said in a statement today, "Finance Minister Taif Sami informed us today during her meeting at the ministry's headquarters that a committee in the Council of Ministers is working to complete the budget schedules."

Sami was also quoted as saying: "The reason for the delay is due to efforts to maximize non-oil revenues and find financial sources to cover the budget deficit from fees, taxes, service charges, etc., and that the government is committed to submitting the budget schedules."   link

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Tishwash:  News reveals details of the new agreement between Baghdad and Kurdistan.

An informed source revealed details on Wednesday of a new financial agreement concluded between the federal government in Baghdad and the Kurdistan Regional Government (KRG), aimed at settling salaries, oil exports, and unifying revenues.

The source told Shafaq News Agency that the agreement stipulates that the Kurdistan Regional Government will receive 240 billion dinars in revenues for May and June, at a rate of 120 billion dinars per month, in addition to delivering 230,000 barrels of oil per day to Baghdad, in exchange for the latter sending the salaries of the region's employees for those two months.

He indicated that the regional government will begin the process of disbursing local revenues from border crossings, along with the agreed-upon amount of crude oil, as part of the implementation of the terms of the new agreement.

The source added that the next phase will witness meetings between joint technical committees to review and audit figures and statistics related to oil exports and imports, as well as to discuss the region's share of the federal budget.

For his part, an Iraqi government source said that the federal cabinet is awaiting the implementation of the Kurdistan Regional Government's pledges to resolve the current crisis.

He explained that the federal government is awaiting an official letter from the Kurdistan Regional Government to begin implementing the agreement by the relevant committees.

The Kurdistan Regional Government's Council of Ministers approved the new understandings with Baghdad during its session held this morning.

The roots of the recent salary crisis between the federal government in Baghdad and the Kurdistan Regional Government (KRG) lie in ongoing disagreements over oil export mechanisms and the unification of public revenues. This is a long-standing crisis that resurfaces from time to time, but it has significantly worsened since May 2025, when the federal government refused to send salaries to KRG employees.

Baghdad justified the delay in disbursement by Erbil's failure to deliver the agreed-upon quantities of crude oil (230,000 barrels per day) and its failure to transfer non-oil revenues from internal ports to the state treasury, which the federal government considered a violation of previous agreements included in the three-year federal budget law (2023-2025).

For its part, the regional government confirmed that it is facing technical and political difficulties in delivering the full amount of oil, especially given the ongoing suspension of oil exports via the Turkish Ceyhan pipeline since March 2023. This suspension stems from an international arbitration ruling against Turkey in the oil export dispute with Iraq. This has forced Erbil to rely on domestic exports to meet its financial needs.  link

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Tishwash:  Financial Sovereignty": Why Has Iraq Not Emancipated Financially from the Grip of the US Federal Reserve?

that is witnessing Iraq Increasing American pressure regarding a set of demands that it considers Washington Essential, foremost among them the issue of armed factions.

These pressures have become more prominent recently when salaries were paid to members of the Popular Mobilization Forces, with Iraqi MPs asserting that the reason is due to American pressure exerted on Iraqi government There are also reports that Washington intends to restrict the flow of dollars into Iraq to limit their smuggling.

While negotiations are taking place betweenBaghdadAnd Washington, regarding these files, observers believe thatUSStill holding one of the strongest cards on the table.IraqControlling its financial revenues from oil exports by keeping them in US Federal Reserve accounts since 2003.

 So why is Baghdad still subject to this financial arrangement two decades after the invasion? Why can't it receive its oil revenues directly, as other oil-producing countries do? And why have successive governments failed to free themselves from American financial hegemony?

Historical Background to Financial Hegemony
In May 2003,Security CouncilResolution No. 1483, which stipulated that revenues from Iraq’s oil and gas exports be deposited in a special account at the US Federal Reserve under the name “fundIraq's development.

A portion of these revenues - 5% of total oil and gas exports - was allocated to compensateKuwaitRegarding the damages resulting from the 1990 invasion, which continued until 2022 when Iraq completed paying its compensation, which amounted to approximately $52.4 billion.

According to MazharMohammed Saleh, the economic advisor to the Iraqi Prime Minister, the rest of the money was transferred to the accountCentral Bank of Iraq, which is responsible for financing the government and the Ministry of Finance with liquidity, given that the Iraqi dinar is priced in dollars.

Saleh adds thatUnited NationsLegal protection for these assets was provided under Resolution 1483, until it expired in 2011, following the implementation of Security Council Resolution 1956. In parallel, the US president issued Executive Order 13303 to protect Iraqi assets, a decision that remains in effect today despite some amendments.

According to Saleh, the goals of US protection of Iraqi assets are to ensure Iraq's reconstruction, protect its assets from compensation claims from companies and individuals, and avoid judicial seizure of Iraqi assets in cases filed since the 1990s.

Current US pressure
: Experts believe that Iraq, despite the expiration of many of the legal reasons that imposed this financial arrangement, remains subject to strict financial oversight by theWashington, differs from the usual procedures in the international banking system.

Dr.Abdulrahman Al-MashhadaniA professor of economics at the University of Iraq in Baghdad, Al-Mashhadani said that Iraq is facing unprecedented tightening of financial audits due to US concerns about money laundering, terrorist financing, and dollar smuggling, especially since Baghdad has not adhered to financial oversight controls in recent years.

Al-Mashhadani asserts that this audit has led to a significant decline in money laundering operations in recent months, citing the incident of "theftcentury"In 2022, more than $2.5 billion was smuggled, 70% of which was through Iraqi banks.

For his part, a member of theFinance CommitteeMP Jamal Kocher points out that most oil-producing countries deposit their money in the US Federal Reserve because oil is sold in dollars, but Iraq suffers from complete dependence on oil revenues without any significant alternative resources.

Kocher stresses that US pressure is not always exerted directly, but rather focuses on two issues:
- The use of US weapons outside the authority of the state.
- The smuggling of dollars to parties hostile to the United States.

In the same context, Al-Mashhadani explains that Iraq does not enjoy the same ease as other countries in disposing of its revenues, and suffers from a deficit inLibraCommercial interests, in addition to restrictions on the use of other currencies or an equal exchange system with other countries, weaken its ability to be financially independent.

Al-Mashhadani warns that the imposition of US economic sanctions on Iraq is not unlikely, noting that 32 Iraqi banks are currently subject to US sanctions, and Baghdad has not been able to lift any of them despite the passage of years.

Iraqi Voices
Economic researcher AnmarAl-ObaidiThe problem is not with depositing funds at the US Federal Reserve, but rather with the restrictions imposed on their free use, unlike other countries.

Al-Obaidi says that Iraq's political fragility and continued instability have prevented successive governments from settling the outstanding compensation issue, emphasizing that addressing this issue will enable Iraq to gradually achieve financial liberalization.

Al-Obaidi notes that the government's measures to combat money laundering and currency smuggling have achieved significant improvement over the past two years, but the country still needs banking reforms and comprehensive automation of its systems to bolster international confidence.

 For his part, economic advisor Mazhar Muhammad Salih believes that getting rid of US oversight is possible in the future, but it requires gradual political and economic measures, beginning with restoring international confidence.

Economic analyst Saman Shali agrees, believing that ending US tutelage requires a courageous political decision from various blocs, in addition to working to rationalize spending and settle debts related to compensation from international companies.

Shali suggests using international law firms to negotiate with these companies, similar to what happened in the Kuwait compensation case, stressing that the process, despite its difficulty, will pave the way for Iraq to regain its financial sovereignty.

Options for Liberation and Financial Independence
Economists believe that liberating Iraq from the grip of the US Federal Reserve requires a comprehensive plan that includes:
- Completely reforming the Iraqi banking system
- Automating financial and accounting procedures
- Reducing corruption in financial institutions
- Settling compensation claims through international legal tools
- Diversifying sources of income away from oil.

Analysts believe that continued reliance on the US financial system without radical reforms will keep Iraq hostage to external agendas that restrict its ability to move.

Towards financial independence is conditional on political will,
despite the end of most of the legal restrictions imposed byinternational communityDespite Iraq's post-2003 financial situation, the country remains under tight financial control by the United States, reflecting the fragility of Iraq's economic and political structure.

Experts believe that the opportunity to liberate itself from this hegemony remains, but the matter depends on a unified political will and a strict economic vision that rebuilds international confidence in the Iraqi financial system.

The question remains: Does it have the capacity?Iraqi governmentWill the country have the will and ability to wrest its financial sovereignty, or will American influence continue to control the country's economic lifeline for decades to come?  link

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Mot:  Yeppers!!! --- Easy - Peasey!!! 

Mot:  . Splain Dis Un