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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Monday 8-18-2025

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 Mon. 18 August 2025

Compiled Mon. 18 August 2025 12:01 am EST by Judy Byington

Possible Global Currency Reset and EBS Timing:

Sun. 17 Aug. 2025: Oil exports from the Kurdistan Region of Iraq to Turkey’s Ceyhan port are set to resume within hours, ending a halt of more than two years. An agreement has been reached between the KRG and the Iraqi Ministry of Oil.

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 Mon. 18 August 2025

Compiled Mon. 18 August 2025 12:01 am EST by Judy Byington

Possible Global Currency Reset and EBS Timing:

Sun. 17 Aug. 2025: Oil exports from the Kurdistan Region of Iraq to Turkey’s Ceyhan port are set to resume within hours, ending a halt of more than two years. An agreement has been reached between the KRG and the Iraqi Ministry of Oil.

An informed source told Channel 8 that Iraqi oil exports will begin this week (Mon. 18 Aug) after 28 months of suspension. (Such could not (allegedly) happen unless the Iraqi Dinar had revalued with an international rate). Majeed KSA on X: / X

Sun. 17 Aug. 2025: “The US-led global international coalition is already packing their stuff and ready to leave Iraq. “ Remember Trump said they aren’t leaving until they get paid in full. https://x.com/majeed66224499/status/1957148043658297637

~~~~~~~~~~

Sun. 17 Aug. 2025 High Up Rumors were that it would be wise to stay inside for the next couple of days as chaos was about to hit nations across the Globe. … on Telegram

Trump has given the Green Light for the new Quantum Financial System to slide into place.

The Global Military Alliance and BRICS Nations’ recent (alleged) implementation of the Quantum Financial System changed all. Now every stolen dollar, every offshore vault, every hidden transaction — was tracked, blocked and reversed.

The QFS didn’t just bypass the banks. It (allegedly) replaced them.

~~~~~~~~~~~~

Sun. 17 Aug. 2025 Nesara Gesara Rollout Notice …Mr. Pool on Telegram

Treasury begins gold and commodity peg alignment; Dollar moves to asset basis.

Debt Jubilee protocols tested in three states; interest arrears marked fulfilled.

QFS settlement rail handles Federal payrolls and pensions; public wallets Phase Two opens

Withholding on wages paused; funding shifted to tariffs and resource duties.

Mortgage and title audits start; unlawful fees flagged for repayment.

Small Business relief and revaluation windows scheduled; community banks join the new ledger.

EBS briefings will explain Nesara Gesara benefits prior to full implementation

Keep documents handy, save statements; do not sign new loan terms until briefings.

Read full post here:  https://dinarchronicles.com/2025/08/18/restored-republic-via-a-gcr-update-as-of-august-18-2025/

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

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

Militia Man  We're going to maybe see a surprise.  Because Iran is one of Iraq's largest trading partners.  Yes we've had sanctions and we have some conflict in the Middle East...There's two articles about Iran removing 4 zeros...One of the things that's interesting here and it's no different than Iraq is that I know they were going to talks about coinage in Iraq again...Iran's gong to drop 4-zeros off their currency and Iraq is going to drop 3 zeros...They're trading partners.  That kind of levels the playing field...If they can do the same thing at or around the same time, that might be a surprise.

Mnt Goat  Another item is the much-needed Oil and Gas law.  Article:  “ERBIL, BAGHDAD SIGN OIL EXPORT MECHANISM AGREEMENT”.  In a major breakthrough, the Kurdistan Regional Government’s (KRG) Ministry of Natural Resources and the Iraqi Ministry of Oil have finalized and signed a comprehensive agreement on the mechanism to resume oil exports from the Kurdistan Region, paving the way to end a costly suspension that has been in place since March 2023. So, although they may not have the new Oil and Gas Law fully in parliament yet, we learned that they are getting very close to resolving past issues and use these crises to build the new law, as the years passed.

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

Iraq's Central Bank of Iraq News: Mandates for End of 2025

Edu Matrix:  8-17-2025

raq’s Central Bank is making some of its biggest moves in years!  From ambitious new banking reforms to partnerships with Egypt on digital transformation, these changes could reshape Iraq’s financial future. In this video, we’ll break down the most important updates:

 Why banks must raise their capital to 400 billion dinars by 2025

How Iraq is working with Egypt to expand digital banking and fight money laundering

The Central Bank’s daily dollar auctions and what they mean for the Iraqi dinar

 New security upgrades to protect financial operations

Support programs for displaced families in Nineveh and Duhok

Whether you’re following the Iraqi dinar, interested in global finance, or just want to stay updated on Middle East economics, this video will give you a clear and simple explanation of what’s happening right now.

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

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Seeds of Wisdom RV and Economic Updates Monday Morning 8-18-25

Good Morning Dinar Recaps,

The United States Prepares a Complete Overhaul of DeFi

Regulatory Overhaul on the Horizon

The U.S. Treasury has placed decentralized finance (DeFi) under sweeping review as part of the GENIUS Act, signed in July 2025 by President Donald Trump. The initiative targets the anonymity of DeFi transactions, aiming to combat money laundering and terrorist financing by embedding digital identity verification directly into DeFi smart contracts.

Good Morning Dinar Recaps,

The United States Prepares a Complete Overhaul of DeFi

Regulatory Overhaul on the Horizon

The U.S. Treasury has placed decentralized finance (DeFi) under sweeping review as part of the GENIUS Act, signed in July 2025 by President Donald Trump. The initiative targets the anonymity of DeFi transactions, aiming to combat money laundering and terrorist financing by embedding digital identity verification directly into DeFi smart contracts.

This would require users to prove their identity—via government-issued IDs or even biometric data—before completing transactions.

Coding Compliance Into DeFi

The Treasury’s proposal seeks to integrate KYC (Know Your Customer) requirements into the very code of DeFi protocols. According to its official notice, these identity tools are meant to balance compliance with user privacy, while reducing burdens for financial institutions.

Banks and regulators largely support the move, but many in the crypto community view it as a threat to anonymity and a break from DeFi’s founding principles.

Technology at the Center

The consultation paper highlights four key tools for regulatory enforcement:

  • Artificial Intelligence

  • Surveillance APIs

  • Blockchain Analytics

  • Digital Identity Systems

By making these technologies native features of DeFi platforms, regulators aim to ensure the law cannot be circumvented through code.

Industry Reactions

  • Crypto Community: Critics warn of a dangerous precedent, fearing that U.S.-mandated universal KYC could spread globally and stifle innovation. Concerns also focus on data protection risks if personal identifiers are hard-coded into protocols.

  • Banking Sector: Groups like the Bank Policy Institute (BPI) support the move but also flagged loopholes in the GENIUS Act, warning Congress that some stablecoin issuers could bypass interest-payment restrictions, potentially shifting up to $6.6 trillion in bank deposits into stablecoins.

Key Facts and Timeline

  • Public consultation launched: August 18, 2025

  • Comments accepted until: October 17, 2025

  • Applies to: All DeFi platforms offering services in the U.S.

  • Targeted enforcement tools: API, AI, blockchain monitoring, digital identity

Political Pushback

Not all policymakers are aligned. Senator Elizabeth Warren argues the GENIUS Act could weaken transparency rather than strengthen it, legitimizing opaque practices under the guise of innovation.

The Bigger Picture

The U.S. strategy represents a paradigm shift: regulation will be embedded in DeFi infrastructure itself. The era of uncontrolled decentralized finance is ending, and the next chapter will test how much freedom DeFi can retain under government scrutiny.

@ Newshounds News™
Source: 
CoinTribune

~~~~~~~~~

Will U.S. Regulation Kill Decentralized Finance, or Simply Reshape It?

The United States has moved from watching decentralized finance (DeFi) to attempting to engineer regulation directly into its foundations. Under the GENIUS Act, the Treasury is consulting on rules that would insert identity verification and compliance mechanisms into the very code of DeFi smart contracts. The official justification is clear: stop money laundering, curb terrorist financing, and close loopholes that could drain liquidity from traditional banks.

But the deeper question remains — will this end decentralization?

The Case for the “End of DeFi”

For many, the answer is yes — at least within U.S. borders. By requiring:

  • Portable digital identifiers for every transaction,

  • KYC baked into smart contracts, and

  • AI-driven compliance tools tied directly to platforms,

the government would effectively erase the anonymity and permissionless nature that define DeFi. In this model, “decentralized” finance begins to look more like a tokenized extension of the banking system, where innovation bends to regulatory code.

The Counterpoint: DeFi is Global

Yet DeFi was never designed to exist in a single jurisdiction. Code can be deployed anywhere, and users can access protocols across borders. If the U.S. tightens rules, offshore DeFi will continue without these restrictions, keeping anonymity and censorship resistance alive. Other nations may even embrace this shift, hoping to attract the next wave of innovation that America appears to be constraining.

A Two-Track Future

Rather than a complete “end,” what is emerging is a split reality:

  1. Regulated DeFi (CeDeFi):

    • U.S. and European platforms that integrate KYC and compliance.

    • Tailored for banks, institutional investors, and regulated entities.

    • Less innovation, but far more legitimacy in financial markets.

  2. True DeFi (Permissionless):

    • Offshore or pseudonymous projects that maintain full decentralization.

    • Higher innovation potential, but riskier for users facing regulatory pushback.

    • Likely to attract those unwilling to trade away anonymity.

Why the U.S. is Pushing Now

The timing is not accidental. Bank groups warn that up to $6.6 trillion in deposits could flow into stablecoins, destabilizing traditional finance. For regulators, the threat is not just about crime or terrorism — it is about control of capital flows. If trillions shift into DeFi outside the banking system, central banks lose visibility and authority.

Conclusion: Decentralization Won’t Die, But It Will Change

The U.S. is not ending DeFi — it is reshaping it into a regulated, institution-friendly framework. True decentralization will survive, but it may migrate offshore, becoming harder for Americans to access.

The result? Two parallel worlds:

  • Compliant DeFi for Wall Street.

  • Permissionless DeFi for the rest of the world.

In this sense, the fight over DeFi’s future is not about technology alone — it is about whether financial sovereignty remains in the hands of individuals, or is recoded into the architecture of regulation.

@ Newshounds News™
Source:  AI ChatGPT

~~~~~~~~~

XRP News: Can Ripple Replace Banks Worldwide?

Riccardo Spagni’s viral post reignites debate as Ripple rides legal victories, political endorsements, and market optimism.

A viral post from Riccardo Spagni, the former lead developer of Monero, has thrust XRP back into the spotlight — and reignited one of crypto’s most divisive debates: can Ripple and XRP eventually replace banks?

Ripple Momentum Builds on Legal & Political Wins

The timing of Spagni’s remarks is significant. Ripple has been riding a string of favorable developments, including the SEC formally dropping its lawsuit against the company. The momentum was amplified when President Donald Trump named XRP as a potential part of the U.S. digital asset reserve stockpile — a surprise endorsement that sent ripples across markets.

XRP’s performance reflects this surge in confidence. Rising from under $1 in late 2024 to over $3.60 by mid-2025, XRP has remained one of the year’s strongest tokens, even after retracing from recent highs. Ripple continues to push its narrative of XRP as a global bridge currency, further boosting investor interest.

Critics Push Back: “Replacing Banks is Unrealistic”

Not everyone is convinced. Spagni revealed that a close friend — previously skeptical of crypto — wanted to buy XRP, persuaded by the belief that banks would be gone within two years. While bullish XRP holders welcomed the statement, critics quickly pushed back.

Skeptics argue that XRP cannot truly replace banks, and warn that granting such influence to Ripple risks creating a single point of failure — running counter to blockchain’s promise of decentralization. Some community members dismissed the hype outright, calling it little more than an orchestrated marketing narrative.

Analysts Warn of Downside Pressure

Amid the heated debate, on-chain analyst Ali Martinez issued a cautious note. He observed that XRP has recently slipped below the key $3 support level, which could expose the token to further downside — possibly to $2.60 or even $2 if bearish momentum accelerates.

At the same time, XRP bulls remain undeterred, with some analysts continuing to forecast a potential rally to $4 by year-end. For many newcomers — like the friend in Spagni’s story — optimism appears to outweigh caution.

Ripple’s Marketing Engine in Overdrive

Even Ripple’s harshest critics concede one thing: its marketing machine is unmatched in crypto. Social media engagement around XRP consistently outpaces most other tokens, drawing fresh retail investors into the ecosystem.

But detractors argue this success is fueled by questionable narratives. Some allege that Ripple funds campaigns exaggerating the collapse of banks or the inevitability of XRP as the “global bridge asset.” One critic, known online as Fish Catfish, even suggested investigative journalists should scrutinize Ripple’s media influence more closely.

Outlook

The debate over XRP’s ultimate role is far from settled. Supporters see Ripple as the front-runner for global financial integration, while critics view it as overhyped and fundamentally centralized.

What remains undeniable is that XRP continues to command disproportionate attention in crypto markets — whether as the future of finance, or as one of the industry’s most polarizing tokens.

@ Newshounds News™
Source: 
Coinpedia

~~~~~~~~~

Investors May Soon Earn 4–7% Annual Yield on XRP Holdings

Flare Labs and Firelight are collaborating to bring decentralized finance opportunities to XRP holders, with projected yields ranging from 4% to 7% annually.

Flare & Firelight Introduce XRP Yield Opportunities
In a recent interview with Scott Melker, Hugo Philion (CEO of Flare Labs) and Jesus Rodriguez (CTO of Sentora and lead at Firelight) revealed details of their joint initiative. The project aims to allow XRP holders to lend, borrow, and generate yield—unlocking new use cases for an asset historically used only for payments.

Philion compared the concept to Ethereum’s MakerDAO, where investors can lock XRP as collateral to mint stablecoins, acquire assets, or provide liquidity to DeFi protocols. He emphasized that Flare’s approach avoids custodial risks by using FXRP, a wrapped version of XRP secured by network validators, enabling non-custodial transfers and lending.

4–7% Yield Potential for Idle XRP
Rodriguez highlighted that internal tests showed potential annual returns of 4% to 7% for XRP holders. He described this as groundbreaking for an asset that has traditionally generated no yield, noting that restaking strategies could further expand XRP’s DeFi capabilities.

Community Divided on Risk vs. Reward
The XRP community has responded with mixed reactions:

  • Brad Kimes (Digital Perspectives): Called it a milestone that could unlock “the biggest release of idle liquidity in crypto,” comparing it to turning XRP into a bond-like income stream.

  • Attorney Bill Morgan: Welcomed the yield prospects as a much-needed incentive for long-term holders.

  • Vet (XRP Ledger validator): Warned that 7% yield may not justify the risks of deploying volatile assets into DeFi strategies, urging the ecosystem to move beyond short-term speculation.

Morgan suggested that the ideal product would allow holders to lock XRP long-term while borrowing safely against it for liquidity, though such solutions remain in development.

With Flare and Firelight pushing ahead, XRP could soon transform from a non-yielding asset into one that provides steady income streams, potentially reshaping its role in global finance.

@ Newshounds News™
Source: 
The Crypto Basic

~~~~~~~~~

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“Tidbits From TNT” Monday Morning 8-18-2025

TNT:

Tishwash:  Some of them are crucial.. The Coordination Framework will meet tomorrow to discuss five files.

An informed source within the Coordination Framework, which brings together Shiite political forces excluding the Sadrist bloc, revealed the agenda for the framework's meeting scheduled for Monday evening, Sunday.

The source told Shafaq News Agency, "The framework will discuss a number of important issues tomorrow, Monday, including the visit of the Secretary of Iran's Supreme National Security Council, Ali Larijani, to Baghdad last Monday, and his signing of a security memorandum of understanding related to security coordination on the common border between the two countries."

TNT:

Tishwash:  Some of them are crucial.. The Coordination Framework will meet tomorrow to discuss five files.

An informed source within the Coordination Framework, which brings together Shiite political forces excluding the Sadrist bloc, revealed the agenda for the framework's meeting scheduled for Monday evening, Sunday.

The source told Shafaq News Agency, "The framework will discuss a number of important issues tomorrow, Monday, including the visit of the Secretary of Iran's Supreme National Security Council, Ali Larijani, to Baghdad last Monday, and his signing of a security memorandum of understanding related to security coordination on the common border between the two countries."

He added, "The framework will also discuss the withdrawal of US forces from Iraq according to the agreed-upon timetable, including a full withdrawal from the Iraqi government-controlled area by September 2025, and from the Kurdistan Region by September 2026."

He pointed out that "the Coordination Framework will also discuss the issue of oil exports via the Turkish port of Ceyhan, which has been suspended since March 2023 following a ruling by the International Chamber of Commerce's Court of Arbitration in Paris, resulting in losses estimated at billions of dollars due to the disruption of supplies."

The source also revealed that the framework will discuss the parliamentary elections scheduled for November 11, 2025, the issue of the Electoral Commission's disqualification of some candidates, and the compensation mechanism for those excluded, who number in the hundreds.

In this context, the source noted that "the Coordination Framework forces may resort to holding a subsequent meeting with the head of the High Elections Commission to discuss the exclusion and compensation mechanism in some detail and in accordance with applicable laws."

For its part, the Electoral Commission clarified that the disqualifications were due to the candidates' violation of Article 7/Third of the House of Representatives Elections Law of 2018.

Article 7/Thirdly, of the law stipulates that the candidate must be “of good character and conduct, and not have received a previous pardon for crimes of financial and administrative corruption or misdemeanors that violate honor.”

As for the final aspect of the framework meeting, the source said it "will include a discussion of the possibility of passing the Popular Mobilization Law and its future consequences for the country. This is expected to be discussed in a preliminary manner during tomorrow's meeting, Monday. A special meeting may be held regarding the Popular Mobilization Law to agree on a mechanism for passing it or postponing it to the next session, in a manner consistent with the requirements of the current stage."

In this regard, Ibtisam al-Hilali, a member of the Coordination Framework, revealed to Shafaq News Agency on Sunday that there is a movement within the House of Representatives to collect signatures to hold an upcoming session to vote on the Popular Mobilization Forces (PMF) law.

However, Member of Parliament Jawad al-Yasari previously confirmed to Shafaq News Agency that there is no directive from the parliament's presidency or a concrete date for resuming scheduled sessions to discuss and vote on a number of important laws, including the Popular Mobilization Forces law  link

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

Tishwash:  Al-Rasheed begins disbursing the first semi-annual interest on national bonds.

Rashid Bank announced today, Sunday, the commencement of disbursing the first semi-annual interest to holders of the first national bond issue, affirming its commitment to the timetable previously set by the Central Bank of Iraq and the Ministry of Finance.

The bank explained in a statement that "this step comes within the framework of its efforts to enhance confidence in national bonds as a safe savings and investment tool, in addition to their contribution to diversifying funding sources and supporting the national economy."

The bank urged citizens to "visit the relevant branches to receive their dues," stressing that "national bonds represent an important investment opportunity for citizens, as they offer generous returns with full government guarantees, which contributes to attracting local savings and directing them toward development projects."  link

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

Tishwash:  The Association of Banks announces the launch of a guide to accessing finance in Iraq.

The Iraqi Private Banks Association announced today, Sunday, the launch of a guide to accessing finance in Iraq under the auspices of the German Development Cooperation Agency (GIZ) and the Central Bank of Iraq, noting that the launch of this guide is a fundamental step towards building the national economy.

"The launch of the Access to Finance Guide in Iraq is a fundamental step toward empowering entrepreneurs, small and medium-sized enterprise owners, and all those seeking to contribute to building our national economy," said Ali Tariq, CEO of the Iraqi Private Banks Association, in a speech at the launch event of the Access to Finance Guide.

He added, "Access to financing is one of the biggest challenges facing youth and the private sector in Iraq today. Many innovative ideas and promising projects are stalled due to a lack of clear information about funding sources, available mechanisms, and required procedures." He explained that "this guide will serve as a simplified, practical reference, bringing together various financing tools and options that can benefit investors, entrepreneurs, or any startup."

He continued, "This guide would not have seen the light of day without the fruitful cooperation between the GIZ and the Central Bank, in the belief that enhancing financial inclusion and empowering the private sector represent a fundamental gateway to economic reform in Iraq."

He continued: "We are currently experiencing a pivotal phase in the development process, as the state moves to support and develop the private sector to become an effective partner in building the economy and diversifying sources of income." He pointed out that "this guide is not just a document, but rather a practical tool that will help thousands of young men and women and entrepreneurs identify the options available to them, whether through banks, financing companies, or government and international support programs."

He explained that "the Iraqi Private Banks Association affirms its commitment to working side by side with its partners to overcome obstacles, simplify procedures, and develop the business environment, thus opening the door to investment and innovation."

He pointed out that "the launch of this guide today is a message of hope to Iraqi youth that opportunities exist, support is available, and success is possible when there is determination and resolve, along with sound planning and cooperation." He expressed his thanks to "everyone who contributed to the preparation of this guide, and to all the parties that offered their expertise and support to make this initiative a success. I also thank you for inviting us to participate in issuing this guide, which reflects your commitment to supporting the economic reform process in Iraq."

He expressed his hope that "Iraq will witness more initiatives that will positively impact development and prosperity."  link

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

Mot:  .. school - back he is !!!!  

Mot:  school - first day  

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Dollar Decline Is the Plan: Gold & Bitcoin to Compete as Neutral Reserve Asset | Luke Gromen

Dollar Decline Is the Plan: Gold & Bitcoin to Compete as Neutral Reserve Asset | Luke Gromen

Miles Frankin Metals:  8-17-2025

Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, speaks with Luke Gromen, Founder & President of Forest for the Trees (FFTT), about why a seismic monetary shift is already underway and why the outcome has effectively been decided.

Gromen explains how the Trump administration is deliberately engineering a weaker U.S. dollar to reshore manufacturing, why central banks around the world have replaced Treasuries with gold for over a decade, and how a “gold pivot” could reset the global system.

Dollar Decline Is the Plan: Gold & Bitcoin to Compete as Neutral Reserve Asset | Luke Gromen

Miles Frankin Metals:  8-17-2025

Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, speaks with Luke Gromen, Founder & President of Forest for the Trees (FFTT), about why a seismic monetary shift is already underway and why the outcome has effectively been decided.

Gromen explains how the Trump administration is deliberately engineering a weaker U.S. dollar to reshore manufacturing, why central banks around the world have replaced Treasuries with gold for over a decade, and how a “gold pivot” could reset the global system.

He also reveals why Bitcoin may be America’s chosen asset to compete with gold as the next neutral reserve asset. In this interview:

The Triffin Dilemma and the deliberate reversal of 50 years of dollar flows

Why the U.S. can’t make the goods to support the current reserve system

The Fed’s quiet gold revaluation research note & hints from top U.S. officials

The chess game between two neutral reserve assets: gold vs. Bitcoin

Luke’s gold & Bitcoin forecast – the next 6-12 months

00:00 Coming Up

01:41 Introduction: The US Dollar's Global Dominance & Its Consequences

06:24 The Dollar’s Managed Decline & Global Implications

12:46 China’s Strategic Moves & the Role of Gold

15:25 U.S. National Security & Industrial Base Concerns

 25:41 Potential Gold Revaluation & Its Impact

41:02 Fiscal Challenges & Future Economic Strategies

47:07 Gold as a Primary Reserve Asset

 49:09 U.S. Gold Imports & Shadow Programs

 52:18 China’s Gold Strategy & U.S. Response

55:58 Bitcoin vs. Gold: The New Neutral Reserve Asset

 01:03:45 Bitcoin’s Role in U.S. Economic Strategy

01:18:35 AI’s Impact on the Economy & Gold/Bitcoin

 01:27:25 Final Thoughts & Predictions

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

 

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Seeds of Wisdom RV and Economic Updates Sunday Afternoon 8-17-25

Good Afternoon Dinar Recaps,

BRICS Shakeup: India Rejects Full US Dollar Exit, Expands Rupee Trade

India’s Official Position: No Wholesale De-Dollarization

India has formally rejected speculation of abandoning the U.S. dollar, even as BRICS explores alternative settlement mechanisms.

Good Afternoon Dinar Recaps,

BRICS Shakeup: India Rejects Full US Dollar Exit, Expands Rupee Trade

India’s Official Position: No Wholesale De-Dollarization

India has formally rejected speculation of abandoning the U.S. dollar, even as BRICS explores alternative settlement mechanisms.

MEA spokesperson Randhir Jaiswal clarified:

“We have made our position very clear on this issue earlier as well. De-dollarization is not part of India’s financial agenda.”

His remarks followed Brazilian President Lula’s renewed call for a BRICS trade currency amid U.S. tariff tensions.

External Affairs Minister S. Jaishankar reinforced India’s balanced stance:

“India is a member of the BRICS group, and we continue to remain in touch with member countries to discuss issues of shared interest.”

Bilateral Rupee Trade Expansion

Instead of a wholesale de-dollarization policy, New Delhi is pursuing targeted bilateral trade agreements to reduce dollar dependency.

Key developments include:

  • Maldives: Direct rupee-rufiyaa settlement system established in November 2024.

  • UAE: Operational arrangements underway for rupee settlements.

  • Ongoing talks: With additional Asian and African nations to expand rupee settlement corridors.

RBI Deputy Governor Sanjay Malhotra confirmed that such agreements reduce both transaction costs and foreign exchange exposure for Indian businesses.

Strategic Positioning Within BRICS

India’s approach diverges from China and Russia, who are pushing alternatives like the digital yuan and ruble under sanctions.

Instead, India is:

  • Avoiding a common BRICS currency, citing economic and geographic disparities.

  • Maintaining global dollar access while selectively reducing dependency through bilateral deals.

  • Retaining financial flexibility, ensuring that rupee trade expansion complements rather than replaces the dollar.

Pragmatic Currency Policy

India’s strategy shows a practical middle path in BRICS:

  • No abrupt U.S. dollar exit.

  • Focus on rupee internationalization via bilateral agreements.

  • Balanced participation in BRICS without risking global market access.

This calculated stance places India as a unique player within BRICS—reducing dollar reliance where possible but preserving financial stability and international credibility.

@ Newshounds News™
Source: 
Watcher.Guru

~~~~~~~~~

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Now the Fed is Talking about Gold Revaluation

Now the Fed is Talking about Gold Revaluation

Heresy Financial:   8-17-2025

The Federal Reserve has recently published a paper discussing the potential revaluation of the United States’ gold reserves as a means to address the country’s escalating fiscal crisis.

With the US debt-to-GDP ratio exceeding 120%, growing national debt, and a worsening budget deficit, policymakers are exploring unconventional ways to finance government spending without increasing taxes or borrowing more.

Now the Fed is Talking about Gold Revaluation

Heresy Financial:   8-17-2025

The Federal Reserve has recently published a paper discussing the potential revaluation of the United States’ gold reserves as a means to address the country’s escalating fiscal crisis.

With the US debt-to-GDP ratio exceeding 120%, growing national debt, and a worsening budget deficit, policymakers are exploring unconventional ways to finance government spending without increasing taxes or borrowing more.

One such method is increasing the official value of gold reserves, which are currently recorded at $42 per ounce, despite the market price being over $3,300 per ounce.

This revaluation could inject significant new money into the Treasury in a budget-neutral way, meaning it wouldn’t require new taxes or borrowing, but it would essentially be money printing, potentially leading to inflation.

The Federal Reserve’s paper outlines three methods of gold revaluation, each involving adjusting the value of gold on the central bank’s balance sheet and transferring the gains to the government or offsetting central bank losses.

This is not a novel idea; the US has done this before during the Gold Reserve Act of 1934, when the government confiscated gold from citizens and then raised its official price from $20.67 to $35 per ounce to increase spending power.

Currently, a bill known as the Bitcoin Act (S.954) in Congress proposes revaluing gold certificates held by the Federal Reserve to their fair market value.

The act mandates that the difference in value be paid to the Treasury in cash and suggests using this money to purchase Bitcoin within five years.

However, Treasury Secretary Scott Bessent has publicly stated that the Treasury will not buy Bitcoin, though his statements seem contradicted by the bill’s directives and subsequent clarifications on Twitter, which mention exploring “budget-neutral” ways to acquire more Bitcoin.

The revaluation process is essentially an accounting maneuver that allows the government to print money under the guise of recognizing the true value of its gold. Though this could provide a significant cash infusion, it will not solve the underlying debt problem and is likely to increase inflationary pressures. The video also promotes a live masterclass on trading strategies related to these market uncertainties.

While the idea of revaluing gold reserves to address the fiscal crisis may seem appealing, it is crucial to consider the potential risks and consequences, such as inflation.

 Policymakers should carefully weigh the benefits and drawbacks of this approach and explore alternative solutions to address the nation’s financial challenges. Watch the full video from Heresy Financial for further insights and information.

https://youtu.be/7CeR81P9KsA

 

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News, Rumors and Opinions Sunday 8-17-2025

KTFA:

Frank26:  "BY THE 31ST OF AUGUST".......F26

Washington is pressuring and monitoring... 20 days remain before the liquidation of Iraq's banks, and the options are "bitter."

8/10/2025

Iraqi banks have only 20 days left to implement the banking reform paper prepared by the American firm Oliver Wyman.

The paper obligates all private banks to increase their capital to 400 billion dinars and pay an annual fee of $2.4 million for four years, or opt for a merger and define ownership and management structures with several controls, including reducing the percentage of “relatives” in the new structures to just 10% and paying $1.3 million annually.

KTFA:

Frank26:  "BY THE 31ST OF AUGUST".......F26

Washington is pressuring and monitoring... 20 days remain before the liquidation of Iraq's banks, and the options are "bitter."

8/10/2025

Iraqi banks have only 20 days left to implement the banking reform paper prepared by the American firm Oliver Wyman.

The paper obligates all private banks to increase their capital to 400 billion dinars and pay an annual fee of $2.4 million for four years, or opt for a merger and define ownership and management structures with several controls, including reducing the percentage of “relatives” in the new structures to just 10% and paying $1.3 million annually.

These controls may not be implemented by bank owners during the short remaining period, which ends on August 31, according to economic expert Mustafa Hantoush. Hantoush believes that the banking reform paper will be subject to “flexibility” in terms of time, so that it can be implemented within months or a year, according to the Central Bank’s estimate. Hantoush, however, rules out the possibility of liquidating banks subject to US restrictions and sanctions, with the exception of some banks that have already declared bankruptcy.

Mustafa Hantoush, in an interview with journalist Qais Al-Murshid, followed by the 964 network:

The banking system was easy and not built on risk tolerance, as it did not delve deeply into banking operations. Instead, it relied on massive trade requiring dollar transfers, which generated large and rapid profits for many banks.

Oliver Wyman, an American consulting firm, was contracted by the Central Bank to conduct a study on the reality of the Iraqi banking sector, along with consultations and reform plans.

The firm completed its study and submitted proposals last April, which were translated into actual decisions two weeks ago.

Banks will be required to sign a pledge or contract requiring one of two options by the end of this month at the latest.

The first is to increase the banks' capital to 400 billion dinars, with an annual payment of $2.4 million for a period of four years. The second option is to merge with other banks, setting the ownership structure at 10% for relatives and the remaining percentage for other partners, with an annual payment of $1.3 million for a period of four years.

The hope is to implement one of the two previous options, with certain required criteria, and exit the US sanctions list. Otherwise, the third option is liquidation.

I believe the reform plan proposed by Oliver Wyman and adopted by the Central Bank will see some flexibility in implementation.

The timeframe for capital increases or the merger option may be extended, and these banks may be given a grace period until the end of the year or for a year. I don't believe banks will be forced to resort to the liquidation option, except for some banks that are already bankrupt.   LINK

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

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

Walkingstick   The currency of Iraq is different.  It is not fiat.  This currency is backed by gold, assets and by the planet earth.  Basically, everything that the planet needs is in Iraq and they are becoming digital. 

Mnt Goat  ...my CBI contact said... they need to do the project (the Project To Delete the Zeros) very soon to get all this hoarded cash into the banking system...Think about this – Who the hell is going to turn in their three zeros notes if the dinar is not worth more than the dollarThey know what is coming and they are waiting for it just like us...over the years, the CBI has tried every trick in the book to get these dinar hoards in the banks, unsuccessfully. This new rate will be the second of the two rate changes we were promised by the CBI years ago…finally! The CBI told us it must be just over a dollar.   [Post 1 of 2....stay tuned]

Mnt Goat   Remember folks this will be in Iraq in country ONLY!  We can not yet go the banks when this happens. It will not yet be international...the CBI can not let the dinar sit there for too long without migrating to the out of country global currency exchanges. To wait would also be disastrous too. This is why when this does happen we must watch the dinar VERY  closely since it could then pop out on FOREX at about anytime afterwards. Then we go to the bank...as investors if you want a timing...watch the process.   [Post 2 of 2]

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

9000 Ton Silver Delivery Trap Meets 76,617 Record Short—Wall Street Paper Game Dies | Andy Schectman

Two Dollars Investing:  8-16-2025

Wall Street’s silver suppression game is running out of road. A record-breaking 9,000 tons of physical silver is now standing for delivery — directly against 76,617 short contracts that can’t possibly be covered without triggering chaos.

This is the largest showdown between the paper market and real metal in modern history, and if the shorts can’t deliver, the entire bullion banking system could unravel overnight.

https://www.youtube.com/watch?v=bHW2eJRcNLc

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Seeds of Wisdom RV and Economic Updates Sunday Morning 8-17-25

Good Morning Dinar Recaps,

Ripple vs. SEC Lawsuit Nears Official Closure: Only One Step Remains

Case Closure Update

The long-running Ripple vs. SEC lawsuit, which began in December 2020, is effectively over. This week, the U.S. Securities and Exchange Commission (SEC) filed a status report with the Court of Appeals confirming that both Ripple and the SEC have jointly agreed to dismiss their appeals.

Good Morning Dinar Recaps,

Ripple vs. SEC Lawsuit Nears Official Closure: Only One Step Remains

Case Closure Update

The long-running Ripple vs. SEC lawsuit, which began in December 2020, is effectively over. This week, the U.S. Securities and Exchange Commission (SEC) filed a status report with the Court of Appeals confirming that both Ripple and the SEC have jointly agreed to dismiss their appeals.

Contrary to speculation from some XRP supporters, no judge’s approval is needed. Former SEC lawyer Marc Fagel clarified that the only action remaining is an administrative closing by the court clerk, which finalizes the case.

“The only thing remaining is administrative closing of the case by the clerk. No judge approval is required. It’s essentially over already.” — Marc Fagel, Former SEC Attorney

Ripple Celebrates, XRP Price Reacts

Ripple confirmed the lawsuit’s end on its official channels, with senior executives and SEC Commissioners acknowledging the closure. The announcement quickly spread across the industry and generated millions of impressions online.

Market reaction was immediate:

  • XRP’s price jumped as traders welcomed the resolution of long-standing legal uncertainty.

  • Broader crypto markets also saw a positive response, with assets like Ethereum recording gains.

Analysts note that continued buying pressure could push XRP to new highs in the near term.

Implications for Ripple and the Crypto Industry

The lawsuit had cast doubt on XRP’s regulatory status, creating barriers for Ripple’s partnerships and adoption in the U.S. With the case concluded, Ripple is now in a stronger position to:

  • Pursue new business deals with financial institutions.

  • Expand adoption of its cross-border payment products.

  • Reveal major product announcements that the company has hinted at for 2025.

This closure removes one of the largest overhangs in the U.S. crypto sector and sets a precedent for future regulatory clarity.

Conclusion

The Ripple vs. SEC lawsuit is, for all practical purposes, officially over. The final step is a routine court clerk action to close the appeal.

For Ripple, XRP holders, and the wider crypto ecosystem, this marks the end of a four-year legal battle and the start of a new growth phase.

@ Newshounds News™
Source: 
Coinpedia

~~~~~~~~~

US Treasury Weighs Digital ID in DeFi to Combat Illicit Finance

Treasury Eyes Compliance Tech Under GENIUS Act

The U.S. Department of the Treasury is exploring whether digital identity verification tools could be embedded directly into decentralized finance (DeFi) protocols as part of its mandate under the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, signed into law in July 2025.

The Treasury’s consultation seeks public feedback on how digital identity, AI, APIs, and blockchain monitoring could be leveraged to counter illicit finance in crypto markets. One proposal involves integrating digital identity credentials into smart contracts, allowing transactions to automatically verify a user’s identity before execution.

This would effectively hard-code Know Your Customer (KYC) and Anti-Money Laundering (AML) safeguards into blockchain infrastructure.

Potential Benefits of Digital ID Integration

According to Treasury, embedding digital identity checks could:

  • Reduce compliance costs for institutions and DeFi platforms.

  • Strengthen privacy protections through secure credential systems.

  • Improve detection of money laundering, terrorist financing, and sanctions evasion before transactions occur.

Treasury also acknowledged risks, including data privacy concerns and the challenge of balancing innovation with regulatory oversight. Public comments are open until October 17, 2025, after which the Treasury will report to Congress and may propose new guidance or rules.

Banking Sector Raises Concerns Over Stablecoin Yields

In parallel, major U.S. banks, led by the Bank Policy Institute (BPI), have urged Congress to tighten GENIUS Act rules. They warn of a loophole allowing stablecoin issuers to bypass restrictions on paying interest by partnering with exchanges or affiliates.

According to BPI, unchecked growth of yield-bearing stablecoins could divert up to $6.6 trillion in deposits away from traditional banks, potentially threatening business credit access.

Conclusion

The Treasury’s consultation highlights a turning point in U.S. crypto regulation—where compliance could shift from institutional reporting to protocol-level enforcement.

The debate now centers on whether embedding digital identity into DeFi strikes the right balance between innovation, privacy, and financial stability.

@ Newshounds News™
Source: 
Cointelegraph

~~~~~~~~~

Over 6,500 Pharmacies Gain Access to XRP Payment Solution via Wellgistics Health

Wellgistics Launches XRP-Powered Payment Program

Wellgistics Health, a leader in pharmaceutical distribution and AI-driven prescription services, has launched its XRP Implementation Program, bringing blockchain-based payments to more than 6,500 independent pharmacies and 200 manufacturers across the U.S.

The initiative leverages the XRP Ledger (XRPL) to enable:

  • Instant, low-cost payments for pharmaceutical products.

  • Bypassing of traditional banking and credit card networks.

  • Encrypted, traceable, and HIPAA-compliant transactions.

The rollout, announced on August 13, is integrated with RxERP, an eCommerce and ERP system that provides real-time transaction management, onboarding, and reporting tailored for healthcare.

Real-World Utility for XRP

Pro-XRP attorney Bill Morgan praised the launch as “real utility and use for XRP and the XRPL.” He emphasized that onboarding is already underway, demonstrating immediate adoption rather than a future concept.

Wellgistics highlighted key benefits for pharmacies, including:

  • Instant settlement, available 24/7.

  • Faster access to working capital, improving inventory restocking and cash flow.

  • Direct transactions between pharmacies and distributors with real-time confirmation.

Expansion Plans: Manufacturers and Direct-to-Patient Programs

Following the pharmacy rollout, Wellgistics plans to extend XRPL integration to pharmaceutical manufacturers, enabling direct, on-chain transactions.

A second phase will introduce Direct-to-Patient programs, allowing manufacturers to ship medications directly to patients’ homes in coordination with pharmacies and prescribing physicians.

According to COO Tony Madsen, the broader vision is to make all aspects of pharmacy payments faster, transparent, and frictionless.

Boost for XRP Adoption in Healthcare

The initiative marks a major milestone for XRP adoption in the U.S. healthcare sector, showcasing blockchain’s potential for large-scale, real-world use cases.

In addition to payment processing, Wellgistics announced plans in May to hold XRP as a treasury asset. To support the rollout, the company also secured a $50 million equity line of credit.

This move underscores XRP’s growing role in bridging finance and healthcare, pushing blockchain utility beyond crypto markets.

@ Newshounds News™
Source: 
The Crypto Basic   

~~~~~~~~~

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“Tidbits From TNT” Sunday Morning 8-17-2025

TNT:

Tishwash: Rafidain: Our agreement with K2 Integrity puts Iraq on the map of the global financial system.

Rafidain Bank's General Manager, Ali Karim Al-Fatlawi, emphasized that signing the partnership agreement with K2 Integrity represents a qualitative shift in the bank's journey and the Iraqi financial sector. He noted that this strategic step transforms Rafidain Bank from a traditional local institution to an integrated banking platform directly aligned with international standards.

Al-Fatlawi explained, in an interview with the Iraqi News Agency (INA), that the partnership comes with direct support from Prime Minister Mohammed Shia al-Sudani, and in accordance with Cabinet Resolution No. (23274) of 2023, within the framework of a comprehensive reform vision aimed at restructuring the banking sector, strengthening Iraq's economic and financial sovereignty, and repositioning the country on the map of the international financial system with confidence and transparency.

TNT:

Tishwash: Rafidain: Our agreement with K2 Integrity puts Iraq on the map of the global financial system.

Rafidain Bank's General Manager, Ali Karim Al-Fatlawi, emphasized that signing the partnership agreement with K2 Integrity represents a qualitative shift in the bank's journey and the Iraqi financial sector. He noted that this strategic step transforms Rafidain Bank from a traditional local institution to an integrated banking platform directly aligned with international standards.

Al-Fatlawi explained, in an interview with the Iraqi News Agency (INA), that the partnership comes with direct support from Prime Minister Mohammed Shia al-Sudani, and in accordance with Cabinet Resolution No. (23274) of 2023, within the framework of a comprehensive reform vision aimed at restructuring the banking sector, strengthening Iraq's economic and financial sovereignty, and repositioning the country on the map of the international financial system with confidence and transparency.

Al-Fatlawi told (INA): "The partnership agreement with K2 Integrity represents a qualitative shift for Rafidain Bank, which is no longer just a traditional local bank, but has become an institution working to connect Iraq to international banking standards."

He added, "K2 Integrity is a global leader in compliance and anti-money laundering and counter-terrorism financing, and our collaboration sends a clear message that Iraq is serious about reforming its financial institutions and preparing them to open up to the global financial system."

 Prime Minister's support He continued, "This partnership would not have seen the light of day without the great support of Prime Minister Mohammed Shia Al-Sudani, who adopted a serious reform vision to restructure the banking sector. The contract with K2 Integrity came in accordance with Cabinet Resolution No. (23274) of 2023, which reflects that this project is not just an individual initiative of the bank, but rather part of a higher government policy aimed at enhancing transparency and financial sovereignty in Iraq."

 Direct gains for citizens

Al-Fatlawi told (INA): "On the local level, this agreement raises the level of compliance and transparency within the bank, and establishes a modern corporate culture based on governance and risk management. As for the citizen, it means more secure banking services, greater protection for their money, and enhanced confidence in an institution that has long been a fundamental pillar of the national economy. Simply put, the citizen will feel that their money is in safe hands subject to global regulatory standards."

 Reintegrating Iraq into the international financial system

Regarding the agreement's implications for Iraq's financial reputation, he explained, "Iraq needs to rebuild trust with international institutions, and this agreement is key to that. Through K2 Integrity's services, we will be able to issue reports according to the highest international standards, which will put us back on the map of the international financial system and give us the ability to open up to global correspondent banks and attract foreign investment. Simply put, we are establishing a new phase in which Iraq is viewed as a country serious about reform, not as a fragile or isolated economy."

Fortifying the economy

Al-Fatlawi emphasized that "the banking sector is the first line of defense for any country's sovereignty. Through this partnership, we are not only improving our services, but also protecting our economy from the risks associated with financial isolation or unjustified accusations, and building institutional capacity that grants us greater independence.

This step truly translates the vision of the Prime Minister and the Iraqi government for Rafidain Bank to be part of a broader national project to enhance economic sovereignty."

Regarding Rafidain Bank's future vision after this partnership, Al-Fatlawi told the Iraqi News Agency (INA): "This agreement reflects our ambition to transform into a modern, integrated banking institution, capable of keeping pace with technological and regulatory developments in the world.

 We are establishing a brighter and more stable banking future, where citizens trust our ability to manage their money, and international institutions trust our ability to comply with global standards. Simply put, we are laying the foundation for an Iraqi bank with a global identity."  link

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

Tishwash:  The Baghdad International Energy Forum: A platform to strengthen Iraq's position in global energy markets

The Baghdad International Energy Forum will kick off in the capital, Baghdad, on September 6 and 7, 2025. Organized by the Ghadan Risk Management Foundation, the forum will be inaugurated by Prime Minister Mohammed Shia al-Sudani, with the broad participation of senior executives from global energy companies, energy ministers, the OPEC President, and international experts.

The event reflects the international community's confidence in Iraq's capabilities and its pivotal role in this vital sector.
The forum aims to highlight Iraq's significant potential in the oil, gas, and renewable energy sectors, as a key partner in meeting global market needs and a supporter of international efforts to achieve sustainability.

The forum will be attended by energy ministers from the region and around the world, as well as global energy companies including TotalEnergies, Oman's OQ, BP, Chevron, Eni, and Shell. Its sessions will address energy security, market stability, and the transition to clean energy sources.

The forum is organized under the auspices of the State Oil Marketing Organization (SOMO) and in partnership with the Iraqi Ministry of Oil. It serves as an international platform for dialogue and exchange of views on the future of energy in Iraq and the region, and for exploring promising investment opportunities in this strategic sector. link

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

Tishwash:  Iraq faces US banking guardianship... two crucial weeks for private banks

 Al-Mustaqilla/- Less than two weeks remain for private banks in Iraq to comply with the financial reform roadmap developed by the American firm Oliver Wyman, a move described by economic circles as the "last chance" to save the banking system from the specter of liquidation and bankruptcy.

According to informed banking sources, the Central Bank of Iraq has two options:

Forcing banks to increase their capital and merge those unable to expand their financial portfolios.

Liquidating violating banks, which opens the door wide to direct intervention by the US Federal Reserve to implement international standards in the Iraqi banking sector.

The risk of liquidation and “financial guardianship”

The second scenario is viewed with great concern within Baghdad, as it effectively imposes a form of American tutelage over the Iraqi banking sector, a precedent that could threaten Baghdad's financial independence and undermine public confidence in the banking system as a whole.

Experts believe that the US Federal Reserve's involvement could completely redraw the banking landscape in Iraq, from foreign exchange mechanisms to banks' ability to finance local projects.

Reform roadmap or political pressure?

Oliver Wyman's reform roadmap came in response to mounting US pressure, following increasing reports of financial transaction irregularities and accusations that some banks were involved in money laundering or illicit financing.

At the same time, the Iraqi government is seeking to strike a balance between meeting international demands and maintaining economic sovereignty, particularly since any direct foreign intervention would place Iraq in a position of weakness vis-à-vis its international partners.

The countdown has begun

The coming weeks will be crucial. Either the Central Bank of Iraq succeeds in imposing radical reforms that preserve the independence of financial decision-making, or it will find itself forced to accept American intervention, which could be read internally as a "declaration of failure" for the local banking system.  link

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

Mot: ... and Yet Another ""Mot Wisdom Tip"" frum da INternet!!!! 

Mot:  Did Ya Ever Notice ---

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Powell, Bad Data, and a Fractured Fed in the Shadow of the Trump Admin

Powell, Bad Data, and a Fractured Fed in the Shadow of the Trump Admin

Kitco News:   8-15-2025

The Federal Reserve stands at a critical juncture, navigating a complex landscape of economic data inconsistencies, growing internal dissent, and vocal political pressure regarding its leadership and monetary policy direction.

This intricate scenario was expertly dissected by Danielle DiMartino Booth, a respected voice in monetary policy, during a recent discussion with Jeremy Szafron on Kitco News.

Powell, Bad Data, and a Fractured Fed in the Shadow of the Trump Admin

Kitco News:   8-15-2025

The Federal Reserve stands at a critical juncture, navigating a complex landscape of economic data inconsistencies, growing internal dissent, and vocal political pressure regarding its leadership and monetary policy direction.

This intricate scenario was expertly dissected by Danielle DiMartino Booth, a respected voice in monetary policy, during a recent discussion with Jeremy Szafron on Kitco News.

The central theme of the conversation revolved around the quality of economic data guiding the Fed’s interest rate decisions and the palpable signs of an impending economic slowdown. Booth highlighted how a string of significant data revisions has thrown a wrench into the prevailing narrative of a robust economy, directly impacting the calculus for future rate decisions.

A key revelation from the discussion was the extensive downward revisions to crucial labor market data, particularly payroll figures. These adjustments, Booth noted, paint a starkly different picture than initially presented, weakening the argument for a perpetually strong jobs market.

Compounding this, rising delinquencies in consumer credit—specifically credit cards and student loans—further contradict the notion of a resilient consumer.

These inconsistencies, Booth emphasized, severely complicate the Federal Reserve’s decision-making process. If the underlying data guiding policy is flawed, then the resulting policy might be miscalibrated, risking either overtly tight or excessively loose monetary conditions.

Adding a potent political dimension to the economic discussion, Treasury Secretary Scott Bessent emerged as a vocal advocate for a dramatic shift in monetary policy. Bessent explicitly called for aggressive interest rate cuts, suggesting a lowering of 150 to 175 basis points, with an immediate 50 basis point cut as early as September.

He sharply criticized Fed Chair Jay Powell’s current “data-driven” approach as outdated, advocating for a return to a more proactive “1990s-style” economy where the Fed moved preemptively.

Bessent’s core warning: current monetary policy risks being “too tight for too long,” potentially stifling growth unnecessarily and pushing the economy into a deeper downturn.

Beyond the challenge of unreliable data, the discussion also shone a light on growing internal dissent within the Federal Open Market Committee (FOMC). An “unprecedented number of dissents” signals a widening divide among policymakers regarding the appropriate path for interest rates, indicating a lack of consensus that could further complicate future actions.

This internal friction, coupled with the increasingly public debate over Jerome Powell’s tenure as Fed Chair—with figures like Donald Trump and Scott Bessent openly discussing his potential replacement—raises significant concerns about the Federal Reserve’s cherished independence.

 The reputational and political challenges facing the central bank underscore the delicate balance it must maintain between economic imperatives and external pressures.

The Kitco News discussion with Danielle DiMartino Booth paints a complex picture for the Federal Reserve. Plagued by questionable data, facing external political pressure for aggressive rate cuts, and grappling with internal dissent, the Fed stands at a critical juncture.

The choices made in the coming months, both on rates and leadership, will undoubtedly shape the trajectory of the U.S. economy and redefine the central bank’s role in a highly charged political landscape.

https://youtu.be/OwMu7vnG-F4

 

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IRS Reportedly Confirms $1,390 Stimulus Checks For Eligible Americans

IRS Reportedly Confirms $1,390 Stimulus Checks For Eligible Americans, Rumors of $2,000 August Payout Debunked — Plans Late Summer Rollout (UPDATED)

Vishaal Sanjay  ri, August 15, 2025 

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

Editor’s Note: This story has been updated to include a comment from an IRS spokesperson.

Millions of Americans may be eligible for a $1,390 stimulus check by the U.S. Treasury Department and the Internal Revenue Service, as part of a plan aiming to provide financial relief to low and middle-income households.

IRS Reportedly Confirms $1,390 Stimulus Checks For Eligible Americans, Rumors of $2,000 August Payout Debunked — Plans Late Summer Rollout (UPDATED)

Vishaal Sanjay  ri, August 15, 2025 

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

Editor’s Note: This story has been updated to include a comment from an IRS spokesperson.

Millions of Americans may be eligible for a $1,390 stimulus check by the U.S. Treasury Department and the Internal Revenue Service, as part of a plan aiming to provide financial relief to low and middle-income households.

Officials Dispel $2,000 Rumors, Confirm $1,390 Stimulus

While rumors continued to swirl around a potential $2,000 check in August, the IRS has denied that it has any such payment planned, but has confirmed the legitimacy of $1,390 payout, which it says is on track for low and middle-income Americans, according to a report by India’s The Economic Times newspaper.

The eligibility criteria for a $1,390 check follow the same income thresholds as past stimulus programs, such as up to $75,000 in income for individual taxpayers, $150,000 for married couples and $112,500 for heads of households.

Trending: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — and you can too at just $2.90/share.

The payment, as always, is tax-free and will not impact benefits from other programs such as Medicaid, SNAP, Social Security, Veterans Affairs, or Railroad Retirement.

This is aimed at helping Americans cover rent, food and medical costs, at a time when living expenses remain elevated for millions.

An IRS spokesperson pointed out to Benzinga that Taxpayers had until April 15, 2025, to claim the Recovery Rebate Credit. They said there was "nothing else since then."

The Treasury didn’t immediately respond to Benzinga’s requests for a comment on this matter. This story will be updated as soon as we receive a response.

Trump’s DOGE Dividends And Tariff Rebate Plans

Early this year, President Donald Trump proposed a “DOGE Dividend” tax refund plan, as part of which 20% of the savings achieved by his administration’s Department of Government Efficiency will be returned to American citizens.

TO READ MORE:  https://www.yahoo.com/finance/news/irs-reportedly-confirms-1-390-113105179.html

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Seeds of Wisdom RV and Economic Updates Saturday Afternoon 8-16-25

Good Afternoon Dinar Recaps,

China & Brazil to Announce ‘Bold BRICS Masterplan’ for the Global South
Source: 

Strategic Push to Counter U.S. Trade Dominance
China and Brazil are reportedly preparing a major BRICS initiative aimed at empowering the Global South to reduce its dependence on the U.S. dollar and resist U.S. trade and tariff pressures.

The plan seeks to strengthen ties among emerging economies, enabling them to act collectively despite political or economic differences.

Good Afternoon Dinar Recaps,

China & Brazil to Announce ‘Bold BRICS Masterplan’ for the Global South
Source: 

Strategic Push to Counter U.S. Trade Dominance
China and Brazil are reportedly preparing a major BRICS initiative aimed at empowering the Global South to reduce its dependence on the U.S. dollar and resist U.S. trade and tariff pressures.

The plan seeks to strengthen ties among emerging economies, enabling them to act collectively despite political or economic differences.

  • It is positioned as a direct response to Washington’s ongoing trade conflicts and tariff threats, which have driven developing nations to pursue more independent economic agendas.

BRICS’ Economic Ambition: Toward a Multicurrency World
The upcoming masterplan, expected to be announced alongside a joint statement opposing U.S. trade policies, envisions a shift away from dollar dominance toward a multicurrency trading framework.

  • The U.S. dollar is viewed by BRICS members as a constraint on their economic growth.

  • China is expected to promote the yuan as a viable alternative, advancing Beijing’s broader goal of internationalizing its currency for global trade use.

Geopolitical Context and U.S. Tensions
Former President Donald Trump’s threats of tariffs against BRICS have been met with relative silence from Washington in recent days.

  • China and Brazil, however, continue to move forward with the masterplan’s details behind closed doors.

  • The initiative aims to capitalize on anti-U.S. sentiment in the developing world, positioning BRICS as a counterweight to U.S.-led financial systems.

India’s Changing Stance
Even India—once at odds with China following the deadly 2020 border clash—is signaling interest in mending ties.

  • According to Bloomberg, Prime Minister Narendra Modi is reviving dialogue with Beijing to negotiate new trade deals and improve relations.

  • This thaw in relations could enable India to play a more active role in the Global South-focused BRICS strategy.

Outlook
If successful, the China-Brazil-led BRICS masterplan could reshape trade and currency flows for developing nations, accelerating the bloc’s push toward a post-dollar global economy and redefining its influence across the Global South.

@ Newshounds News™
Source:  
Watcher.Guru

~~~~~~~~~

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News, Rumors and Opinions Saturday 8-16-2025

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 Sat. 16 August 2025

Compiled Sat. 16 August 2025 12:01 am EST by Judy Byington

Judy Note on GCR Redemption Timing: On Fri. 15 Aug. there appeared to be no information let out on timing of Tier4b (us, the Internet Group) notification to make currency exchange appointments. It is my personal opinion that a series of Emergency Broadcast Alerts will soon be let out over cell phones, TV and radio worldwide. During those messages or directly after Tier4b will be notified.

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 Sat. 16 August 2025

Compiled Sat. 16 August 2025 12:01 am EST by Judy Byington

Judy Note on GCR Redemption Timing: On Fri. 15 Aug. there appeared to be no information let out on timing of Tier4b (us, the Internet Group) notification to make currency exchange appointments. It is my personal opinion that a series of Emergency Broadcast Alerts will soon be let out over cell phones, TV and radio worldwide. During those messages or directly after Tier4b will be notified.

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Global Currency Reset NESARA & QFS: INSIDE THE REDEMPTION OPERATION … on Telegram

The RV Redemption has (allegedly) begun. The NDAs are real. The post-redemption plans are locked. What you are about to read is the uncompromising truth about the Redemption Centers — the only gateways for the public under NESARA/GESARA protocols.

Banks are NOT your path. Elites use them. We, the people, go through Redemption Centers — even if they have a bank name slapped on the building. Here, rates are higher, and you (allegedly) walk out with QPhones, QLaptops, Quantum Access Cards, Rainbow Currency, debit cards, checks — and even a temporary trust if your humanitarian project template is ready. This template, approved at the White House, was designed for those chosen to restore humanity.

The Four R’s are (allegedly) the backbone of this operation:

Reclamation – returning stolen wealth seized by the Deepstate, Cabal, and bank cartels. Restitution/Reparation– undoing decades of unconstitutional theft: taxes, interest, property seizures, debt slavery. 

Redemption – the exchange of currencies/ZIM bonds at rates never meant for public eyes. Only a fraction is for personal use — the rest fuels humanitarian projects.

ZIM bonds are gold-backed. Dinar, Dong, and others hit double-digit rates. XRP? Already mirrored into Quantum accounts. True value: $1M per token.

The Process: 

Preparation – ID, proof of address, currency, trust documents, project plans. 

Notification – secure instructions, reservation calls, appointment confirmations.

Center Meeting – sign the 3-page NDA, negotiate rates, confirm allocations, open your QFS access.

Education – money management and investment strategies to protect the mission.

All communications — calls, messages, social media — are (allegedly) monitored. NDA violations will be dealt with instantly. This is not a game. The Alliance watches everything.

When you redeem, you enter a world where your every choice has impact. The Alliance expects discipline, clarity, and loyalty to the mission. The funds you control are a weapon against the Cabal — misuse them, and you betray the cause.

This is not charity. It is the restoration of Earth’s stolen inheritance. The clock is ticking. The doors to Redemption will not stay open forever.

Be ready. Be precise. Step into the storm.

Read full post here:  https://dinarchronicles.com/2025/08/16/restored-republic-via-a-gcr-update-as-of-august-16-2025/

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

Militia Man  Low inflation is a good thing confirmed previously and the CBI strategic reforms create a favorable environment for a redenomination...Redenomination with revaluation applying a real effective exchange rate is where you get fundamental value.  You get it based off real assets and the fundamentals of a country.  1310 is not a fundamental value.

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:  Mr Sammy says he thinks the mechanism they're talking about is Article 12-2c and that it is rate related for the cost of the budget.  FRANK: That's exactly right IMO.  And that's the way they've been hiding the new exchange rate.

Bruce   [via WiserNow]  We're hearing our notifications... would come out Sunday or Monday, and exchanges would start Tuesday or Wednesday.  So that's sort of the progression of the timeline that we have as of today... we should be exchanging according to one source, no later than Wednesday...

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Alasdair MacLeod: Fiat Currency Collapse -Gold and Silver

Natural Resource Stocks:  8-15-2025

In this episode, Alasdair MacLeod discusses the current state of the global economy, focusing on the devaluation of fiat currencies, stockpiling of precious metals, and historical parallels to the 1929 economic crisis.

McLeod explains the implications of diminishing credit availability for small and medium-sized businesses, the risks in the banking sector, and the actions central banks are taking to safeguard their assets.

 He provides an in-depth analysis of how fiat currency systems are approaching an inevitable collapse and offers advice on how individuals can protect their wealth in these tumultuous times.

Additionally, the conversation touches on the intricacies of gold and silver markets, and the potential impact of rising interest rates on the economy and equity valuations.

 00:00 The Dollar's Decline and Market Impact

 01:21 Historical Parallels: 1929 vs. Today

04:11 The Fed's Limitations and Interest Rates

14:51 The Banking System's Vulnerabilities

18:35 Economic Challenges in the UK

 28:17 Currency Wars and Gold's Unique Value

 29:57 The Dollar Standard and Interest Rate Dynamics

35:37 Central Banks and Gold Purchases

36:36 China's Influence on Silver and Gold Markets

 45:08 Market Manipulations and Future Predictions

55:45 Protecting Wealth in a Deteriorating Financial System

https://www.youtube.com/watch?v=V7DkOdkIiYA

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