Seeds of Wisdom RV and Economics Updates Thursday Morning 8-27-26

Good Morning Dinar Recaps,

When Global Debt Starts Repricing Everywhere: The Bond Market Becomes the New Financial Fault Line

Global borrowing costs are rising across major economies as investors demand more compensation for debt, inflation and political risk — creating a new challenge for governments and central banks.

Overview

• The global bond market is sending a message that is becoming increasingly difficult for policymakers to ignore: the cost of government borrowing is being repriced across multiple major economies at the same time.

• The pressure is no longer confined to U.S. Treasuries. France, the United Kingdom, Japan and other major bond markets are also experiencing elevated long-term yields, reflecting a combination of enormous government borrowing needs, inflation uncertainty and changing expectations for central-bank policy.

• Global government debt has now become large enough that even relatively small increases in borrowing costs can have significant consequences for national budgets. The result is a developing feedback loop: higher yields increase debt-service costs, larger interest bills increase borrowing requirements, and greater supply of bonds can require still-higher yields to attract investors.

Key Developments

1. Global bond markets are repricing simultaneously

The current move is significant because it extends beyond the United States. France is facing particularly strong investor scrutiny, with its spread over German government bonds reaching its highest level since 2024 as concerns grow over its deficit, debt burden and political uncertainty.

The broader global picture is even more striking. Recent market analysis shows long-term borrowing costs elevated across the U.S., Japan, France, Germany and the U.K., suggesting that investors are reassessing the price of sovereign debt rather than simply reacting to one country's fiscal problems.

2. Debt is colliding with inflation and energy risk

The Iran conflict and elevated energy prices have added another layer of uncertainty. Higher oil and energy costs can keep inflation elevated, making it more difficult for central banks to reduce interest rates even when economic growth is slowing.

That creates an uncomfortable environment for heavily indebted governments: they need lower borrowing costs, while markets may be demanding higher yields because of inflation and fiscal risk.

3. The bond market is increasingly influencing government policy

This is an important change in the financial landscape. Governments have traditionally relied on central banks to manage monetary conditions while fiscal authorities handled borrowing.

That separation becomes more complicated when bond investors themselves begin demanding higher compensation for holding long-term government debt.

The United States has already seen Treasury officials respond with measures intended to support the long end of the Treasury market. Meanwhile, investors are watching whether governments in Europe and Japan can maintain fiscal credibility while borrowing costs remain elevated.

Why It Matters

The bond market sits underneath virtually every other financial market.

When sovereign yields rise, corporate borrowing becomes more expensive, mortgage rates can remain higher, equity valuations face greater pressure and governments must devote more revenue to servicing existing debt.

The significance therefore goes beyond whether a particular 10-year or 30-year yield rises another few basis points.

The larger question is whether the world is moving away from the ultra-low-interest-rate environment that allowed governments, corporations and investors to accumulate enormous amounts of debt at historically inexpensive financing costs.

If that era is ending, the adjustment could affect virtually every major asset class.

Why This Matters to Foreign Currency Holders

For currency holders, the most important development is the growing connection between government debt, interest rates and currency confidence.

Higher yields can initially support a currency by making its assets more attractive. But that relationship becomes more complicated when yields rise because investors are demanding compensation for fiscal deterioration, inflation or increased sovereign risk.

That distinction matters.

A currency supported by strong economic fundamentals and attractive real returns is very different from a currency whose interest rates are rising because markets are increasingly concerned about the government's debt burden.

This is one reason the current bond-market repricing deserves close attention.

Implications for the Global Financial Reset

The global financial system is increasingly moving toward a period in which the price of sovereign debt may become one of the central forces determining the next monetary architecture.

For decades, government bonds were treated as the foundation of the global financial system — the benchmark against which other assets were priced.

Now investors are asking a more difficult question:

What happens when the world's largest governments all need enormous amounts of capital at the same time?

That question has implications for reserve currencies, central-bank policy, sovereign debt, gold, foreign-exchange markets and the future composition of global reserves.

It also helps explain why countries such as China, India and other emerging economies continue exploring greater use of local currencies, alternative payment systems and diversified reserve assets.

The transition does not necessarily mean the dollar is being displaced. Rather, the financial system may be moving toward a structure in which multiple currencies, markets and settlement mechanisms coexist alongside the dollar, while investors place greater emphasis on fiscal sustainability.

The Bigger Picture

The important story is not that one country's bond market is under pressure.

It is that the global cost of capital is being repriced at the same time that governments are carrying historically large debt loads.

That creates a new constraint for policymakers.

Central banks can influence short-term interest rates, but they cannot permanently eliminate the market's demand for compensation for inflation, fiscal risk and excessive debt issuance.

If that pressure continues, governments may increasingly face a choice between fiscal restraint, higher borrowing costs, financial repression or policies designed to encourage inflation and economic growth sufficient to reduce the real burden of debt.

The consequences could extend well beyond bonds.

The next phase of the global financial reset may be determined not by a single currency replacing another, but by how governments manage the enormous debt accumulated under the previous financial regime.

The bond market may be becoming the place where that adjustment is first being priced.

The global financial system is not being reset by one event — it is being repriced through debt, yields, currencies and the cost of capital.

Seeds of Wisdom Team

Newshounds News 

Sources

• Reuters — Record debt and election politics raise stakes for French budget

• Reuters — Global bond markets put governments on notice over fiscal, inflation risks

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🌱 A Message to Our Currency Holders🌱

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

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

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

That is not your failure.

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

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

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

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

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

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

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Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Wednesday Evening 8-26-26

CBI Rejects Reports Of Printing New Banknotes

2026-08-26 Shafaq News- Baghdad   The Central Bank of Iraq (CBI) on Wednesday denied reports that it had printed new Iraqi banknotes with zeros removed in preparation for their circulation.

Any future plan to restructure banknote denominations or remove zeros from the currency would require several legal, regulatory and technical steps if formally approved, the CBI said. Any such decision would be announced through the bank’s official channels and the media, along with a transition period allowing citizens, banks and other institutions to exchange the currency safely and in an orderly manner.

Read more: Iraq revives debate over removing three zeros from the dinar

https://www.shafaq.com/en/Economy/CBI-rejects-reports-of-printing-new-banknotes

Central Bank Of Iraq Decides The Truth About Deleting Zeros From The Currency

The Central Bank of Iraq denied printing a new currency with zeros removed, stressing that any future step to restructure currency denominations will be subject to legal and technical procedures and will be officially announced.

El Nahar  

Central Bank of Iraq    The Central Bank of Iraq denied, on Wednesday, the accuracy of the news circulating about printing quantities of the new Iraqi currency after deleting the zeros from it, in preparation for putting it into circulation, stressing that this information is not based on any official source.The Central Bank said, in a statement reported by the Iraqi News Agency "INA", that it followed the news and statements circulated by some media outlets regarding its printing of a new Iraqi currency with zeros deleted.

He added: "We confirm that this news is not based on any official source, and we deny that the bank printed a new Iraqi currency with zeros deleted".

What About Deleting Zeros In The Future?

    The bank explained that any future project related to restructuring the Iraqi currency denominations or deleting zeros from them, if an official decision is taken in this regard, will be subject to multiple legal, regulatory and technical stages.

He pointed out that if such a project is approved, it will be announced through the bank's official channels and the media, with an appropriate transitional period set that allows citizens, banks and institutions to exchange currency in a safe and orderly manner.

He stressed that the measures will take into account "the full preservation of the financial rights and obligations of all", referring to the repercussions that could accompany any process of restructuring currency denominations.

  Warning about undocumented information

  The Central Bank of Iraq called on citizens and the media to rely exclusively on its official data and channels to obtain information related to monetary policy.

He also warned against the circulation of unverified news, figures and information, as this could lead to confusion or harm the financial interests of citizens.

The bank's clarification comes after the spread of information about the imminent launch of a new currency in Iraq after deleting zeros from it, which the bank categorically denied, while keeping the possibility of restructuring currency denominations in the future linked to the issuance of an official decision and the completion of the necessary legal and technical procedures.

Iraqi dinar   Iraq's economy

New Iraqi Currency And The Removal Of Zeros: Important Clarification From The Central Bank

Following reports that the bank had printed quantities of the new Iraqi currency with zeros removed   Arabic Business

Published in:August 26, 2026:  The Central Bank of Iraq  denied on Wednesday that it had printed quantities of the new Iraqi currency with zeros removed, stressing that any future project related to restructuring currency denominations or removing zeros would be subject to multiple legal, regulatory and technical stages.

The Central Bank said in a statement that "the Central Bank of Iraq has been following the news and statements circulating in some media outlets regarding the bank printing quantities of the new Iraqi currency with zeros removed, in preparation for putting it into circulation," stressing that "this news is not based on any official source, and we deny that the bank has printed a new Iraqi currency with zeros removed."  

He added that “any future project related to restructuring currency denominations or removing zeros – in the event of an official decision being made in this regard – will be subject to multiple legal, regulatory and technical stages, and will be announced if approved through the bank’s official channels and various media outlets,” according to the Iraqi News Agency (INA).

  Economic storiesEgyptian poundThe dollar is declining again in Egypt... Will it break the 50 Egyptian pound barrier?

He added that "an appropriate transition period will be determined that will allow citizens, banks and institutions to exchange currency in a safe and organized manner, to ensure the full preservation of everyone's financial rights and obligations."

The statement clarified that "the Central Bank of Iraq calls on citizens and the media to rely exclusively on its official data and channels to obtain information related to monetary policy, and not to rely on undocumented news, figures and information, due to the confusion or harm to citizens' financial interests that may result from circulating them."

https://www.alarabiya.net/aswaq/economy/2026/08/26/عملة-عراقية-جديدة-وحذف-الاصفار-توضيح-هام-من-المركزي  

Iraq, Syria Explore Ways To Expand Bilateral Trade

2026-08-26   Shafaq News- Damascus   Iraq and Syria discussed ways to expand trade and economic ties during a meeting in Damascus on Wednesday between Iraqi Federation of Chambers of Commerce President Amer Khalaf Alawi and Syrian Deputy Minister of Economy and Industry for Internal Trade Maher Khalil al-Hassan, according to Syria’s Ministry of Economy statement.

Several memorandums of understanding are expected to be signed in the coming period as part of efforts to strengthen the economic and trade partnership and open new avenues for bilateral commerce, the statement added.

Both sides reviewed bilateral trade, including ways to increase the flow of goods and products between the two countries, “while addressing obstacles facing cross-border commerce and discussing practical measures to ease procedures and facilitate the movement of goods.”

The two officials also discussed greater coordination between business communities and chambers of commerce in Iraq and Syria, with a focus on expanding trade, stimulating markets, and creating broader opportunities for Syrian and Iraqi businesses and investors.

The meeting also underscored the need to remove trade barriers and create a more flexible environment for economic activity to promote greater integration and a stronger commercial partnership between the two countries.

On August 13, Khaled al-Khader, director general of the Syrian Authority for Supporting and Developing Local Production and Exports, told Shafaq that Syria is shifting from raw-material exports to higher-value products, with Iraq among its main markets alongside Jordan and the Gulf.

On May 1, Iraq launched its first crude oil export operation through the Rabia–Al-Yarubiyah crossing, dispatching an initial shipment of 70 tanker trucks to regional markets. crossing between Iraq and Syria reopened to trade and passenger traffic on April 22 after 13 years of closure driven by security challenges during the fight against ISIS, as well as shifting control and coordination issues along the frontier.

https://www.shafaq.com/en/Economy/Iraq-Syria-explore-ways-to-expand-bilateral-trade

Iraq, Shell Discuss Plans To Boost Gas Output In Basra

2026-08-26 Shafaq News- Baghdad   Iraq’s Oil Ministry and Shell discussed plans Wednesday to increase gas production from fields in Basra and expand the use of associated gas, as part of efforts to strengthen the country’s energy sector, the ministry said in a statement.

The talks brought together Oil Ministry Deputy Minister for Extraction Affairs Naseer Aziz and Shell’s Iraq and UAE Managing Director Fakher Bader, during which both sides reviewed boosting the production and exports of naphtha and liquefied petroleum gas (LPG).

Aziz described gas investment as a key priority for the government and Oil Ministry, citing its importance in strengthening the energy system, reducing associated-gas flaring, securing fuel for industry and power plants, and maximizing the economic value of Iraq’s hydrocarbon resources.

He also called for continued development of gas projects, higher efficiency and production capacity, and faster implementation of plans to make better use of associated gas, supporting Iraq’s production and export capabilities and broader energy-sector development.

https://www.shafaq.com/en/Economy/Iraq-Shell-discuss-plans-to-boost-gas-output-in-Basra

Iran Intercepts Indian Oil Tanker In Strait Of Hormuz

2026-08-26 Shafaq News- Tehran   Iranian authorities stopped an Indian oil tanker while it was transiting the Strait of Hormuz on Wednesday, Iran's semi-official Fars News Agency reported, identifying the vessel as HAANA.

The agency said that the vessel had attempted to pass through the southern shipping lane before changing course following an Iranian warning and being stopped.

The development came as at least three Indian oil refiners and a major global energy company plan to avoid vessels on Iran’s newly issued blacklist, including those involved in ship-to-ship oil transfers, amid concerns over possible Iranian action and security risks in the Strait, according to sources cited by Reuters.

Other companies are reviewing the Iranian warning and waiting for greater clarity on how Tehran intends to enforce it before changing their operations, the sources added.

Iran on Sunday blacklisted 45 vessels it accused of violating its rules for crossing the Strait and warned that vessels carrying cargo in cooperation with those ships could face action.

https://www.shafaq.com/en/Middle-East/Iran-intercepts-Indian-oil-tanker-in-Strait-of-Hormuz

Seeds of Wisdom RV and Economics Updates Wednesday Evening 8-26-26

Good Evening Dinar Recaps,

India Pushes the Rupee Beyond Its Borders: Local-Currency Trade Moves From Policy to Practice

India is taking another practical step toward expanding the rupee’s role in international commerce — a development that could gradually diversify global trade settlement beyond the U.S. dollar.

 Overview

India is moving from talking about greater use of the rupee in international trade to changing the rules that make it easier to actually use it.

On August 20, India amended its Foreign Trade Policy so that exporters receiving payment in Indian rupees can receive the same trade-policy benefits as exporters paid in foreign currencies. The objective is straightforward: give Indian businesses a stronger incentive to invoice and settle international transactions in rupees.

The significance goes beyond India. The more countries conduct portions of their trade in their own currencies, the less every transaction has to pass through the dollar-centered financial system.

Key Developments

1. India is making rupee settlement more commercially attractive

The latest policy change removes a practical disadvantage that previously made rupee-denominated exports less attractive to Indian exporters. Rupee receipts are now being placed on equal footing with foreign-currency earnings for trade-policy benefits.

That matters because internationalization of a currency requires more than central-bank policy. Businesses have to have a reason to invoice, receive and retain that currency.

2. The RBI is simultaneously strengthening India's external financial buffers

The move toward greater rupee use is occurring alongside substantial foreign-exchange measures by the Reserve Bank of India.

The RBI reported that it net absorbed $561 million in June, while foreign-exchange inflows accelerated sharply. A separate RBI-supported swap program had mobilized $72.8 billion by August 21, including $65.4 billion through FCNR(B) deposits.

This provides India with additional external liquidity at a time when oil prices and geopolitical tensions are creating pressure on emerging-market currencies.

3. India is building a currency option — not announcing a dollar replacement

This distinction is important.

India's objective does not appear to be replacing the dollar. Instead, the country is developing more options for settling international commerce, particularly with trading partners willing to accept rupees.

That fits into a broader trend toward multiple settlement currencies, bilateral arrangements and regional payment systems.

Why It Matters

The international financial system does not change only when a country announces a new reserve currency.

It can also change gradually through trade invoices, payment systems, banking relationships, currency reserves and settlement infrastructure.

India is one of the world's largest economies and a major energy importer. If more of its trade can eventually be settled directly in rupees, the amount of international commerce requiring dollars can decline at the margin.

That does not mean de-dollarization is occurring rapidly. It means the infrastructure for a more diversified system is continuing to develop.

Why It Matters to Foreign Currency Holders

For foreign-currency holders watching the global financial reset, India's move is important because it demonstrates how currency diversification can occur without a formal abandonment of the dollar.

The more important question may be how many countries eventually develop similar arrangements.

If India expands rupee settlement with Russia, the Gulf states, Asia and other trading partners, while China expands yuan settlement and BRICS members develop additional cross-border payment mechanisms, international commerce could gradually become less dependent on a single settlement currency.

That would be a structural change rather than a sudden monetary event.

The Bigger Global Financial Reset Story

India's strategy represents one piece of a much larger transition:  Dollar dominance → multiple settlement currencies → regional payment networks → greater use of local currencies → a more multipolar financial system.

The dollar remains overwhelmingly important to global finance, and India's rupee is nowhere near replacing it.

But financial systems are built through usage. Every additional trade agreement settled in local currency creates another pathway that does not require the dollar as the intermediary.

That is why India's latest policy adjustment deserves attention.

What to Watch Next

Watch for new bilateral trade agreements explicitly encouraging rupee settlement, expansion of rupee vostro accounts, and agreements allowing Indian exporters and foreign suppliers to hold and reuse rupee balances.

Also watch the relationship between India's currency policy and its enormous energy-import bill. India remains highly exposed to oil prices, meaning the ability to settle more trade in local currencies could become increasingly valuable when dollar liquidity, oil prices or geopolitical tensions create pressure on emerging markets.

The next important development would be evidence that India's policy changes are translating into meaningfully higher volumes of actual cross-border trade settled in rupees.

Bottom Line

India is not declaring the end of the dollar.

It is doing something potentially more consequential over time: making the rupee more usable outside India's borders.

The global financial system does not have to experience a dramatic overnight reset to become more multipolar. If major economies progressively build the ability to trade, settle and hold value in their own currencies, the architecture of global finance can change one transaction at a time.

The next phase of currency diversification may not be defined by one currency replacing another — but by the gradual expansion of alternatives to the dollar-centered system.

Sources

• Reuters — India eases rules for rupee export payments, seeks to widen trade settlement

• Reuters — India’s central bank net absorbed $561 million in June as inflows picked up 

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Thank you Dinar Recaps

‍MilitiaMan & Crew: Is the Iraqi Dinar Moving? Daily Analysis from the Crew

‍MilitiaMan & Crew: Is the Iraqi Dinar Moving? Daily Analysis from the Crew

8-26-2026

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

No drama. No intrigue. No songs and dances. Just straight, factual news that I read and interpret to the best of my ability after being an avid Dinar investor and insanely obsessed Dinarian for over 15 years.

Follow MM on X == https://x.com/Slashn

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=KjVLm5xOaf0

Iraq Economic News and Points To Ponder Wednesday Afternoon 8-26-26

Oil falls as Iran-Oman talks fuel Hormuz hopes

2026-08-26   Shafaq News  Oil prices dropped about 2% on Wednesday, adding to the previous session's losses, on fresh hopes ‌the Strait of Hormuz could reopen after Iran said it had resumed talks with neighbour Oman on managing the strategic waterway.

Brent crude futures fell $1.78, or 2.0%, to $86.80 a barrel by 0027 GMT, while U.S. West Texas Intermediate crude futures were down $1.49, ​or 1.8%, at $80.87. Both benchmarks lost more than 3% on Tuesday.

"The market continues to react to ​developments surrounding navigation through the Strait of Hormuz, and hopes for progress in talks ⁠between Iran and Oman have triggered selling," said Mitsuru Muraishi, an analyst at Fujitomi Securities.

"That said, uncertainty ​over the outlook has prompted bargain buying, limiting further losses, and prices are likely to remain range-bound for the ​time being," he added.

Iran said it had restarted talks with Oman to manage the Strait as it faces heightened economic pressure from U.S. President Donald Trump.

Iran and Oman have been in on-and-off talks for weeks about controlling traffic through the waterway, which ​handled one-fifth of global oil and liquefied natural gas shipments before the war began in February.

The two countries ​said on Tuesday that they discussed "a joint temporary navigational corridor" through the strait and agreed to clear it of mines.

Despite ‌the ongoing ⁠tensions, the U.S. is beginning to send personnel back to some diplomatic missions in the Middle East that were evacuated or downsized amid tensions with Iran, two people familiar with the matter told Reuters.

The move suggests Washington sees a lower risk of the conflict with Iran escalating in the near term, though some embassies will ​initially operate below full capacity.

On ​Monday, Washington expanded sanctions aimed ⁠at cutting off Iran's economic lifeline, threatening to punish countries that continue to do business with Tehran, though it said it would not impose penalties immediately.

Separately, an ​oil tanker was struck on Tuesday by an unidentified projectile and disabled about 9 ​nautical miles (17 km) ⁠northeast of Oman's Ash Shishah, which lies at the entrance to the strait, the United Kingdom Maritime Trade Operations said.

In the U.S., the American Petroleum Institute reported crude oil inventories rose by about 4.2 million barrels in the ⁠week ended ​August 21, market sources said.

Analysts polled by Reuters estimated crude oil stockpiles ​would rise by about 600,000 barrels on average. Official data from the EIA, the statistical arm of the U.S. Department of Energy, ​are due at 10:30 a.m. ET (1430 GMT) on Wednesday.   (REUTERS) https://www.shafaq.com/en/Economy/Oil-falls-as-Iran-Oman-talks-fuel-Hormuz-hopes

Gold Retreats From Three-Month High Ahead Fed Clues

026-08-26 Shafaq News   Gold eased on Wednesday after scaling a more than three-month ‌high in the previous session, as investors awaited a key U.S. inflation report to gauge the Federal Reserve's interest-rate path.

Spot gold eased 0.3% to $4,642.74 per ounce, by 0410 GMT. Prices climbed to their ​highest since mid-May on Tuesday after last week's sharp gains following the U.S. ​Treasury's bond buyback announcement. U.S. gold futures rose 0.1% at $4,700.70.

The Fed's preferred ⁠inflation gauge, the U.S. Personal Consumption Expenditures (PCE) price index for July, is due at ​1230 GMT. Attention is also on Fed Chairman Kevin Warsh's speech on Friday at ​the central bank's Jackson Hole symposium.

"For gold, the most supportive outcome would be softer-than-expected inflation combined with a dovish or balanced message from Warsh, reinforcing expectations for lower real yields and reducing the ​opportunity cost of holding a non-yielding asset," said Wael Makarem, financial markets strategists ​lead at Exness.

"A renewed deterioration in confidence around U.S. fiscal sustainability could also be important (for gold), particularly ‌given ⁠the recent Treasury buyback plans and their impact."

Earlier this month, data showed an unexpected decline in U.S. nonfarm payrolls and in-line consumer inflation, tempering expectations of a September rate hike.

Traders are pricing in a 61.6% chance that the Fed will leave rates ​unchanged next month, according ​to the CME ⁠FedWatch Tool.

On the geopolitical front, Iran said it had restarted talks with neighbour Oman to manage the Strait of Hormuz, sending oil ​prices lower.

The global economy has weathered the Iran war energy shock ​better than ⁠feared, International Monetary Fund Managing Director Kristalina Georgieva said. However, she raised concerns about deteriorating fiscal conditions in some countries.

Spot gold may retest a resistance at $4,681, a break above which ⁠may ​trigger a gain into the range of $4,707 to $4,743, according ​to Reuters technical analyst Wang Tao.

Spot silver gained 0.9% to $69.26, platinum rose 0.4% to $1,865.09 and palladium ​firmed 1.3% to $1,343.75.    (REUTERS)

https://www.shafaq.com/en/Economy/Gold-retreats-from-three-month-high-ahead-Fed-clues

Iraqi Crude Prices Fall More Than 6%

2026-08-26   Shafaq News- Baghdad   Iraqi crude oil prices fell by more than 6% on Wednesday, in tandem with a broader decline in global oil markets.

Basrah Heavy crude dropped to $77.92 a barrel, down $5.27 or 6.34%, while Basrah Medium fell to $81.22, a loss of $5.27 or 6.09%.

Internationally, Brent crude slipped to $86.80 a barrel, down $1.78, or 2.0%, while West Texas Intermediate fell to $80.87, down $1.49, ​or 1.8%.

Other regional grades also lost ground, though by varying margins. Murban crude fell 7.89% to $93.44 a barrel, Oman crude dropped 3.82% to $95.59, and Dubai crude edged down 0.19% to $90.10.

The Iraqi declines came amid a broader retreat in global crude prices, although losses varied by grade and region.

https://www.shafaq.com/en/Economy/Iraqi-crude-prices-fall-more-than-6

US Dollar Edges Lower In Baghdad And Erbil

2026-08-26 Shafaq News- Baghdad/ Erbil  The US dollar edged lower against the Iraqi dinar in Baghdad and Erbil on Wednesday, hovering around 154,000 dinars per $100.

In Baghdad, the dollar fell to 154,250 dinars per $100 at the al-Kifah and al-Harithiya central exchanges, down slightly from 154,350 dinars on Tuesday, according to a Shafaq News market survey.

At currency exchange shops in Baghdad, the dollar was selling for 154,750 dinars per $100 and buying for 153,750 dinars.

In Erbil, the dollar was selling for 154,250 dinars per $100 and buying for 154,200 dinars.

https://www.shafaq.com/en/Economy/US-dollar-edges-lower-in-Baghdad-and-Erbil-2

Iraq Reviews State Banks Over Suspected Public Fund Losses

2026-08-26 Shafaq News- Baghdad    Iraq is reviewing the performance of several state-owned banks and financial institutions as the government struggles with a cash crunch and delayed public-sector salaries, an informed source said Wednesday.

The reviews are examining alleged misuse of public funds, falling liquidity, and misleading reports submitted by some bank managers to senior officials, according to the source, who spoke to Shafaq News on condition of anonymity.

Government bodies are assessing how the banks are run, alongside management changes and recently launched investigations into cases said to have caused losses of public money and enabled corruption. Investigators are also examining why cash reserves once held at state banks have fallen, the source said, in preparation for legal and administrative measures.

The assessments weigh how far each management can support the government through the current strain, the source said, and how far each institution has moved toward digital systems. Continued reliance on paper procedures rather than electronic ones is among the concerns drawing official attention.

Some managers have submitted figures and reports that do not reflect actual operations, the source said, adding that field monitoring has exposed a wide gap between official reporting and performance on the ground. That gap is itself under review.

The measures are part of a broader government effort to reassess how state financial institutions perform and to strengthen efficiency, governance, and digital systems, the source said, given the financial pressure and the delay in paying salaries.

The review comes after a separate informed source told Shafaq News on Tuesday that state salaries could be delayed until the end of this month or early next month because funding for ministries and state bodies had not yet been released. Salaries are funded and paid out to state institutions sequentially, a process that takes several days. Several state banks are low on cash after their reserves fell, limiting their ability to fund state bodies or borrow domestically.

Read more: Iraq’s private banks: Capital Growth and the structural credit gap

https://www.shafaq.com/en/Economy/Iraq-reviews-state-banks-over-suspected-public-fund-losses

Seeds of Wisdom RV and Economics Updates Wednesday Morning 8-26-26

Good Morning Dinar Recaps,

Oil Falls, but the Global Financial System Is Still on Alert: Iran, Inflation and Central Banks Reprice Risk

Oil prices are falling on renewed hopes for a reopening of the Strait of Hormuz—but the underlying financial risks created by the U.S.-Iran conflict have not disappeared. Energy prices, inflation expectations, Treasury yields and central-bank policy remain tightly connected.

 Overview

• Brent crude fell toward $86 a barrel Wednesday as diplomatic activity between Iran and Oman raised hopes that shipping through the Strait of Hormuz could gradually resume.

• The decline in oil has provided temporary relief to global bond markets, but investors remain focused on U.S. inflation data and the Federal Reserve's next policy signal.

• The bigger issue for global finance is that the Iran conflict has demonstrated how quickly an energy shock can become an inflation, interest-rate and currency problem.

Key Developments

1. Oil is falling—but the geopolitical risk premium has not disappeared

Brent crude dropped nearly 3% to around $85.95, while markets reacted to reports that Iran and Oman are discussing a joint navigational corridor that could help clear mines and restore shipping through the Strait of Hormuz.

The Strait is one of the world's most important energy chokepoints, historically carrying roughly one-fifth of global traded oil.

That makes today's decline in oil prices significant—but it should not yet be interpreted as the end of the energy shock.

Reuters reports that the U.S.-Iran conflict has settled into what it describes as an energy war centered on control of the Strait, with oil flows still well below prewar levels and Brent remaining substantially above its pre-conflict price.

The market is therefore pricing hope of normalization, not necessarily normalization itself.

2. Oil has become a central-bank problem

The connection between oil and monetary policy is becoming increasingly important.

Higher oil prices feed directly into transportation, manufacturing, food production and household energy costs. That can push overall inflation higher even when underlying economic growth is weakening.

That creates a difficult choice for central banks:

Higher oil + higher inflation → less room to cut rates

while:

Higher oil + weaker growth → greater pressure to support the economy

This is the classic stagflation problem—and it is one reason today's oil market matters far beyond the energy sector.

The immediate decline in crude prices is therefore good news for central banks because it reduces one source of inflationary pressure.

But the underlying geopolitical risk remains.

3. The Federal Reserve is now watching oil and inflation together

Markets are turning their attention to the U.S. Personal Consumption Expenditures (PCE) inflation report, one of the Federal Reserve's preferred measures of price pressures. Investors are also looking toward Federal Reserve Chair Kevin Warsh's upcoming remarks at Jackson Hole.

That creates an important intersection between today's oil market and the Treasury market.

If lower oil prices continue, inflation expectations could ease and give the Fed greater flexibility.

If oil rebounds because the Hormuz situation deteriorates again, the opposite could occur.

The direction of oil could therefore influence the direction of monetary policy.

4. Treasury yields are responding to the energy signal

The decline in oil has already helped push bond yields lower as investors reassess inflation risks. Reuters reported that global bond markets received some relief as crude prices fell and hopes for a Hormuz reopening increased.

But the Treasury market remains under pressure from a completely different structural issue: the enormous amount of U.S. government debt that must continually be financed.

That means an easing of the Iran-related oil shock does not automatically eliminate the longer-term pressure on U.S. borrowing costs.

This distinction is important for Recaps readers.

Geopolitical inflation pressure may be easing while fiscal pressure remains.

Those two forces can move markets in different directions.

Why It Matters

The global financial system is increasingly operating through a chain reaction:

Oil → Inflation → Central Banks → Interest Rates → Bonds → Currencies → Capital Flows

A disruption at one end can eventually appear in markets thousands of miles away.

The Iran conflict has made that relationship particularly visible.

When oil rises sharply, central banks can become more cautious about cutting interest rates. Higher rates can support a currency but also increase government borrowing costs. Higher Treasury yields then affect valuations for stocks, real estate and other assets around the world.

Conversely, if oil falls because the Hormuz situation improves, inflation pressure can ease and monetary policy can potentially become less restrictive.

That is why today's oil decline matters.

Why It Matters to Foreign Currency Holders

For foreign-currency holders, the key issue is how energy prices affect the relative strength of currencies.

Countries that import large quantities of energy can experience significant pressure when oil prices rise because they must spend more of their currencies to purchase the same amount of energy.

Energy-exporting countries can experience the opposite effect.

This creates potentially significant shifts in trade balances, foreign-exchange demand and reserve flows.

The Iran conflict therefore isn't simply an oil story.

It is also a currency story.

Implications for the Global Financial Reset

• Energy security is becoming part of monetary policy.

The traditional separation between geopolitics, energy markets and monetary policy is becoming harder to maintain.

A conflict in the Middle East can influence inflation expectations in Europe, Treasury yields in the United States and currency markets across emerging economies.

Energy has effectively become another financial-policy variable.

• The financial system is becoming more sensitive to geopolitical supply chains.

The Strait of Hormuz demonstrates how concentrated energy infrastructure can create global financial consequences.

The longer-term response could include greater diversification of energy suppliers, strategic reserves, alternative transportation routes and changes in how countries manage their foreign-exchange reserves.

• The direction of the reset is still being determined

Today's developments do not demonstrate that the dollar system is collapsing.

They demonstrate something more subtle:

The global financial system is becoming more sensitive to the interaction between debt, energy, inflation and geopolitical risk.

At the same time, countries are building alternative payment and settlement systems—creating a second structural force that could gradually diversify global finance.

What to Watch

The next signals are particularly important:

• Whether the Strait of Hormuz actually reopens and shipping normalizes

• Brent crude's ability to remain below recent highs

• U.S. PCE inflation data

• Federal Reserve guidance at Jackson Hole

• Long-term Treasury yields

• The dollar's response to changing rate expectations

• Whether Iran-Oman diplomatic efforts produce a durable shipping agreement

The critical question is whether today's decline in oil represents the beginning of a genuine normalization or simply another temporary repricing of geopolitical risk.

Bottom Line

Oil's decline is good news for the global economy—but it is not yet the end of the story.

The market is responding to the possibility that the Strait of Hormuz could reopen and energy flows could gradually normalize. That could reduce inflation pressure and give central banks greater freedom to adjust monetary policy.

But the six-month U.S.-Iran conflict has demonstrated how quickly an energy disruption can spread through inflation, interest rates, bonds and currencies.

The global financial reset may not be driven by any single currency or financial institution. It may increasingly be shaped by the interaction between energy security, sovereign debt and the ability of central banks to control inflation in an increasingly fragmented world.

Seeds of Wisdom Team

Newshounds News™ Exclusive

Sources

• Reuters — World stocks inch up as oil drops on Hormuz hopes

• Reuters — US-Iran war sinks into energy trench warfare six months 

  
  ~~~~~~~~~~

 🌱 A Message to Our Currency Holders🌱

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

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

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

That is not your failure.

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

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

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

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

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

You deserve truth — not timelines.

Seeds of Wisdom Team
Newshounds News

~~~~~~~~~~

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Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Wednesday Morning 8-26-26

Between Advantages And Repercussions... An Expert Reveals To "Baghdad Today" The Details Of Removing Zeros From The Dinar

Baghdad Today – Baghdad    Professor of International Economics, Nawar Al-Saadi, revealed today (Tuesday, August 25 , 2026) the importance and repercussions of "removing zeros" from the Iraqi currency.

Al-Saadi told Baghdad Today that “the principle of removing zeros, if implemented in a scientific and well-thought-out manner, can contribute to simplifying monetary and accounting transactions, facilitating payment processes and digital transformation, and reducing the volume of banknotes in circulation, in addition to the possibility of using the process as part of a broader reform to bring cash funds outside the banking system back into the official financial cycle.”

He pointed out that "the danger does not lie in the removal of zeros itself, but rather in the way the operation is carried out," explaining that "if the removal of zeros is confused with changing the exchange rate, or if the operation is carried out in an environment suffering from weak confidence in banks and high cash transactions, negative effects may appear, the most important of which are confusion in the markets and some traders exploiting the conversion process to make price increases under the cover of currency change."

He added that “there is what is called in economics (price rounding); when prices move from large numbers to small numbers, some traders may round prices upwards, and this can generate a limited inflationary effect if there are no controls and clear mechanisms to stabilize prices during the transitional phase.

Therefore, removing zeros does not automatically generate inflation, but mismanagement and an unorganized transition can create inflationary pressures.”

Regarding the citizen’s purchasing power, Al-Saadi explained, “Here I think the most important message is that removing zeros is not a policy to raise the value of the dinar. If we remove three zeros, for example, 25,000 dinars will become 25 new dinars, but at the same time the commodity that was worth 25,000 dinars must be converted to 25 new dinars, and the salary that was one million dinars will become one thousand new dinars, and the deposit, loans and financial obligations will be recalculated at the same rate, and thus the citizen’s purchasing power will not change because of removing zeros alone.”

He continued, "Changing the exchange rate is a completely different matter, and I believe it is important not to link the two processes. Iraq needs monetary and price stability at the present stage, and the Central Bank itself confirmed in its recent statements its commitment to maintaining the stability of the exchange rate and denied that there is any intention to amend it."

He also stressed, "If Iraq wants to implement the removal of zeros, it must be within an integrated reform package that includes developing the banking system, expanding electronic payment, enhancing financial inclusion, combating money laundering, and regulating the process of replacing the old currency with the new one, with a clear transition period and broad awareness for citizens and merchants.

Most importantly, the process must be monetaryly neutral." He added, "There should be no additional printing of money to finance spending, no change to the exchange rate, and no use of the process as a tool to address the financial deficit.

The Central Bank has previously clarified that injecting new money without compensation leads to inflationary pressures and erosion of the currency's value, which is completely different from simply replacing the old currency with a new one at a fixed conversion rate."

The professor of international economics concluded by emphasizing, "Therefore, I believe that removing zeros can be an important regulatory reform for Iraq and not an economic risk in itself, provided that it remains merely a currency redundancy and does not turn into a change in the exchange rate or into a means of addressing financial imbalances

. The success of the process will not be measured by the number of zeros we remove, but rather by our ability to invest them in reforming the financial and banking system and rebuilding confidence in the dinar and banking institutions."

https://baghdadtoday.news/305217-.html

Tut: Approving The Salary Scale Is Difficult At The Moment.

25 Aug 18:04 Information/Baghdad... MP Yasser Watout earlier on Tuesday that proceeding with the approval of the salary scale at the present stage is extremely difficult and requires informing the public of all its details before taking the first steps.

Watout explained to Al-Maalouma that he "strongly supports proceeding with the approval of a fair and equitable salary scale for more than five million employees in the Iraqi state, but the matter cannot be done with the stroke of a pen, because many salaries and financial entitlements are based on laws."

He added that "the process of changing the course of salaries and bonuses must be carried out through amending those laws, and this requires legislation, in addition to the necessity of a national political consensus regarding any step in this direction."

Watout pointed out that "the nature of the current situation does not support the option of proceeding with the salary scale at the present time, due to the existence of many problems," stressing that "any step in this direction must be clear to the public in all its details, and the facts must be available so that everyone is aware of the nature of the measures taken."

He reiterated his emphasis that "the Iraqi state is in dire need of a fair and equitable salary scale, where experience and years of service are the basis for determining the salaries of all state employees." End/25

https://almaalomah-me.translate.goog/news/142253/politics/وتوت:-إقرار-سلم-الرواتب-صعب-حاليا?_x_tr_sl=ar&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

Will Iraqis Start Tightening Their Belts? There Are No Signs Of That On The Horizon, And Employees Are Asking: Where Are The Salaries?

25 Aug 19:30   Information / Special ..  MP Hussein Al-Bayati, from the Ishraqa Kanoun bloc, revealed today, Tuesday, that there are doubts about securing the salaries of employees for the current month, despite the assurances of the Prime Minister, Ali Al-Zidi, during previous statements, that the salaries are secured for the coming months and will be disbursed on their scheduled dates.

Al-Bayati told Al-Maalouma that “the assurance regarding the timely disbursement of salaries is still lacking,” noting that “the days of the month are almost over, while the Ministry of Finance has not yet announced the release of funding for employee salaries.”

He added that "salaries during the past two months have been delayed in disbursement, and the government has not been able to release them within the specified timeframes, which has increased concerns about the possibility of a repeat of the delay during the current month."

Al-Bayati pointed out that "a number of MPs are moving to contact the Minister of Finance to ascertain the true financial situation and the extent to which employee salaries are secured, given that the ministry is the entity concerned with the financing and disbursement file."

He pointed out that "the Prime Minister has accurate information regarding the financial situation and the timing of salary payments, but there is still some uncertainty surrounding the date when employee salaries will be distributed."

 Al-Bayati explained that "the financial crisis in the country exists and no party can deny it," indicating that "whoever denies its existence is out of touch, given the continued halt in oil exports, with the exception of limited quantities being exported via pipelines in the north of the country."

He explained that "the Iraqi budget depends almost entirely on oil revenues, meaning that any halt or decline in exports directly impacts the state's ability to meet its financial obligations, primarily paying employee salaries." (End of page 25)

https://almaalomah-me.translate.goog/news/142265/economy/هل-سيبدأ-العراقيون-شد-البطون-لا-بوادر-تلوح-في-الأفق-والموظفو?_x_tr_sl=ar&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

Wed. Iraq News Posted by Tishwash at TNT 8-26-2026

TNT:

Tishwash:  The Central Bank of Iraq reveals the amount of local currency in circulation.

Data from the Central Bank of Iraq’s economic indicators revealed on Tuesday that the total currency issued by the bank in the markets rose to 111.189 trillion dinars by the end of June 2026, compared to 99.799 trillion dinars at the end of 2025, an increase of about 11.4 trillion dinars.

According to data seen by Shafaq News Agency, net currency outside banks reached 101.966 trillion dinars at the end of last June, compared to 92.560 trillion dinars at the end of 2025, an increase of about 9.4 trillion dinars.

In contrast, the currency held by banks rose to 9.223 trillion dinars at the end of last June, compared to 7.239 trillion dinars at the end of 2025, an increase of about 1.98 trillion dinars.

The data indicates that currency outside banks constituted about 91.7% of the total currency issued at the end of June,  while the share of currency held in bank vaults amounted to about 8.3%, reflecting the continued heavy reliance of the Iraqi economy on cash transactions outside the banking system.  link

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

Tishwash:  The Prime Minister's advisor told Baghdad Today: The 2027 budget will be ready to be presented to the Cabinet within days.

 The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed on Wednesday (August 26, 2026) that "the 2027 budget will be ready to be presented to the Council of Ministers within days," indicating that it "will adopt the 'program budget' formula to ensure control over spending and combat financial waste."

Saleh told Baghdad Today that “the 2027 budget is characterized by being a disciplined budget that addresses waste in financial spending operations, and the old methods of managing public money will gradually disappear,” noting that “the budget includes two parts, investment and operational, and the spending mechanisms are linked to specific programs and projects.”

The Prime Minister's advisor added that "the budget will focus on necessary defense expenditures," noting that "if oil exports stabilize, a supplementary budget may be approved after the middle of the year." link

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

Tishwash:  Despite government denials, a member of the Finance Committee confirms the imminent removal of zeros from the dinar.

Jamal Kojar, a member of the Finance Committee in Parliament, confirmed today (Tuesday , August 25 , 2026) that there is a government trend towards officially removing zeros from the Iraqi dinar and issuing a new paper currency.

According to The New Arab Network, as translated by Baghdad Today, Kujer said, “The government believes that removing zeros from the currency will bring great benefits to the country, explaining that there are requirements with ‘international’ standards that will be achieved by removing the zeros, including the transition to electronic currency trading, which will bring benefits in terms of combating corruption and developing commercial trading,” according to the network.

He added that "the Iraqi market also needs small denominations for local use, which is not currently possible with the presence of zeros," stressing that "the main goal is to prevent currency smuggling abroad, and to limit its circulation outside the Iraqi banking system, and thus reduce corruption."

He explained that “all criminal activities in the world are carried out through money that is traded outside the country’s banking system,” adding, “The government may put in place safeguards that enhance transparency in financial transactions by digitizing the currency after removing zeros from it, which helps in the process of combating financial corruption.”

The network also indicated that "the Iraqi government received recommendations from international bodies, including the United States, to remove zeros from the Iraqi currency, arguing that this would help to strengthen confidence in the Iraqi dinar and thus contribute to attracting more foreign investments," while also confirming in its report that the Central Bank of Iraq "has not yet provided a timetable for implementing the process of removing zeros," as it described it.

It should be noted that "government statements issued earlier denied the existence of efforts to remove zeros from the Iraqi currency, after the Minister of Communications, Mustafa Sand, announced that there was a government intention to remove them."   link

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

Tishwash:    The direction of the Iraqi economy

 Amid the complex conditions and circumstances that the region and the world are going through, and the negative repercussions they have on the Iraqi economy, the government is trying to move towards a new path aimed at strengthening economic stability and preparing the foundations for the next stage.

However, these efforts face challenges rooted in the nature of the Iraqi economic structure, and in the entanglement of relationships governed by a system of laws and legislation that sometimes conflict and contradict the economic approach that is supposed to govern the course of the state, according to what was approved by the constitution.

The situation becomes more dangerous as Iraq enters a phase of financial and economic pressures that it has not witnessed with such intensity for years. These pressures are directly affected by regional and international developments, especially the repercussions of conflicts that have affected trade, energy, and supply routes, most notably the Strait of Hormuz, and the resulting disruptions that have extended their effects to markets, energy prices, and the movement of the global economy.

Some might believe the crisis will end once the Strait crisis is resolved and shipping returns to normal, but the economic reality is far more complex. Crises don't end with the resolution of their immediate causes; rather, they leave behind lasting effects that require time, comprehensive measures, and integrated policies to address and restore the economy to its normal course.

The fundamental problem lies in the very nature of the Iraqi economy, which remains heavily dependent on oil revenues. This makes it extremely sensitive to fluctuations in oil prices, supply disruptions, and changes in global markets. We have repeatedly warned against what can be termed the “oil illusion”—the belief that high oil revenues can permanently address structural imbalances in the economy. The reality is that oil, however high its revenues, cannot alone establish a stable and sustainable economy.

Faced with this reality, the government is moving at a seemingly slow pace in a challenging economic environment. Projects and strategies intended to usher in a new era continue to encounter implementation obstacles, and the path to development remains stalled. Furthermore, agreements signed between Iraq, the United States, and Turkey face challenges that require immediate attention and swift resolution.

Time is not on Iraq's side. Every delay in implementing economic and strategic projects means continued reliance on an economic model whose fragility has been proven by repeated crises, and at the same time means the loss of opportunities that could contribute to building a more diversified economy capable of withstanding shocks.

Hence, what is required is not merely managing the current crisis or waiting for the exceptional circumstances to end, but rather investing in it as an opportunity to reconsider the entire structure of the Iraqi economy, and to move from an economy dependent on oil revenues to an economy based on production, investment, energy, transportation, trade, industry, agriculture and services.link

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

Tishwash:  "Borrowing Law": The Iraqi Parliament awaits the green light from the government

Turki, a member of the parliamentary finance committee, confirmed that the House of Representatives is waiting for the government to officially send the draft borrowing law to parliament, in order to avoid a financial gap and to ensure that the law does not differ from the vision and policy of the Iraqi government.

Turki told Shafaq News Agency that "the parliamentary finance committee submitted the draft borrowing law to the Speaker of Parliament, but Speaker Hebat al-Halbousi believes that the draft law should be sent from the government before it is read in Parliament."

He added that "the Speaker of Parliament believes that the draft borrowing law should be officially reviewed by the government, and that it should be read and voted on in the Cabinet before being sent to Parliament."

Turki pointed out that "the borrowing law is of great importance in supporting the government and the investment budget of the Iraqi state, especially after the suspension of many investment projects."

It should be noted that the law on borrowing, grants and subsidies is an exceptional and temporary measure that Iraq is moving towards enacting, in order to compensate for the absence of the federal budget and to secure the necessary government spending.

Last month, the parliamentary finance committee revealed that it had discussed the draft law on borrowing, grants and subsidies with Finance Minister Faleh al-Sari, stressing that the law would be an alternative to the general budget law for 2026, in preparation for its inclusion on the agenda of the House of Representatives.

The head of the parliamentary finance committee, Uday Awad, told Shafaq News Agency that "the committee hosted Al-Sari to discuss a number of proposed laws, most notably the law on borrowing, grants and subsidies, which aims to maximize public revenues in a way that supports the Iraqi state treasury."  link

Iraq Economic News and Points To Ponder Tuesday Evening 8-25-26

Exclusive To Kurdistan 24: US Pressure On Baghdad To Expedite The Removal Of Zeros From The Dinar To Curb Money Laundering

Erbil (Kurdistan24) - Informed sources told Kurdistan24 today that the United States is exerting increasing pressure on the Iraqi government to expedite the implementation of the "removal of zeros from the Iraqi dinar" project, with the aim of crippling the movement of funds smuggled abroad and recovering cash liquidity hoarded through illegal means.

According to exclusive information obtained by Kurdistan 24, the approval of this project will strip the old currency denominations of their legal tender value and stop their circulation as official currency, which will force the holders and smugglers of those funds to bring them in and deposit them exclusively through official banking channels inside Iraq to exchange them for the new denominations, which will ensure the reintegration of smuggled capitals into the national financial system.

A crucial tool for uncovering corruption and sources of funds

The sources explained that this step constitutes a trap and strict control over money laundering and corruption networks, as the exchange of large sums of cash in banks will be subject to thorough investigations into the "sources of funds" (Where did you get this from?), which directly contributes to exposing and holding accountable the figures who seized public money and stored it in cash or in bank accounts outside the borders of Iraq.

https://www.kurdistan24.net/ar/story/934750/خاص-لـ-كوردستان-24-ضغوط-أمريكية-على-بغداد-للإسراع-بحذف-أصفار-الدينار-لمحاصرة-الأموال-المهربة

Axios: Washington Freezes Strikes Against Iran And Shifts To Economically Strangling It

Washington - One News - 8/25/2026    The administration of US President Donald Trump is moving to avoid launching new attacks on Iran at the moment, in contrast to escalating economic pressure and the embargo imposed on it, as part of a policy expected to continue beyond the US midterm elections.  

Axios quoted a US official as saying that Secretary of State Marco Rubio told several of his counterparts that Washington would not currently initiate an attack on Iran, nor was planning to return to large-scale combat operations, but he did not rule out carrying out strikes if Tehran started the attack.  

The official explained that Rubio outlined the Trump administration’s new policy during his calls, which is based on temporarily avoiding military action and intensifying economic pressure to push Iran back to the negotiating table, stressing that there are no negotiations between the two sides at the moment.  

According to US officials, the blockade is depriving Iran of its oil revenues, as Washington has spotted almost no tankers near Kharg Island in the past two weeks.  

A US official claimed that Iran had lost control of the Strait of Hormuz to the United States, and that mine-clearing operations carried out by the US Navy had reduced one of Iran's most prominent bargaining chips in the strait.  

The American narrative contradicts Iranian statements confirming that the Strait of Hormuz remains closed and under Tehran’s complete control, and that its reopening is contingent upon Washington fulfilling its commitments outlined in the memorandum of understanding.     https://1news-iq.net/أكسيوس-واشنطن-تجمّد-ضرب-إيران-وتنتقل-إ/

Oil Prices Rise As Iran Sanctions Take Focus

2026-08-25   Shafaq News  Oil prices recovered ground on ​Tuesday after settling down more than 2% in the previous session, with investors assessing the impact of ‌the latest U.S. sanctions against Iran.

Brent crude futures rose 27 cents, or 0.3%, to $92.44 a barrel by 0330 GMT, while U.S. West Texas Intermediate crude was up 37 cents, or 0.4%, at $85.38.

Both contracts settled lower on Monday, with U.S. crude oil falling to a one-week low on profit ​taking after prices rallied over the previous two weeks.

"The market seems largely unfazed by Washington's push for tighter ​economic pressure on Iran, with traders treating the U.S. effort to nudge partners away from Iranian ⁠trade as marginal rather than market moving," said ING commodity strategists in a note on Tuesday.

U.S. Treasury Secretary Scott Bessent ​on Monday unveiled an expansion of sanctions to cut off Iran's economic lifeline, to force an end to the war between ​them, telling countries they would need to sever their business ties or risk being cut out of the dollar-based financial system.

However, he declined to identify the countries that would be targeted or reveal when those penalties would take effect, saying he would instead provide them time to comply ​with the new directive.

While U.S. Defense Secretary Pete Hegseth said on Monday the U.S. would not rule out using military force ​against Iran, the country is turning towards more economic coercion, which analysts said removed concerns about threats to Middle Eastern oil supply because ‌of ⁠the war.

"Markets appear to be pricing economic pressure as a lower-risk path for physical supply than kinetic action, which is why the initial reaction was for oil to move lower rather than spike higher," said Tim Waterer, chief market analyst at KCM.

However, he warned, "Iran still retains the ability to respond by disrupting shipping, which continues to keep a residual premium in the oil ​price."

Highlighting those threats, an oil ​tanker was struck on Tuesday ⁠by an unidentified projectile and disabled about 9 nautical miles (16.7 km) northeast of Oman's Ash Shishah, the United Kingdom Maritime Trade Operations said.

Iran is still maintaining it should have control over ​the key Strait of Hormuz, which before the war started in February typically carried cargoes ​equal to about ⁠20% of global oil use. On Monday, it named 45 tankers that had broken its rules on crossing the strait and threatened action against them, including confiscating their cargoes.

The supply disruptions as a result of the U.S.-Israeli war on Iran that started on ⁠February 28 ​have caused countries to draw down their commercial and strategic reserves.

On Monday, ​the Department of Energy reported stocks of crude oil in the U.S. Strategic Petroleum Reserve fell by about 3.7 million barrels to 289.7 million barrels last week, ​the lowest since November 1982.   (REUTERS)

https://www.shafaq.com/en/Economy/Oil-prices-rise-as-Iran-sanctions-take-focus

Basrah Crude Prices Jump 4%+

2026-08-25 02:20 Shafaq News- Basrah  Iraq’s Basrah crude prices rose on Tuesday, with Basrah Heavy gaining more than 4%, alongside a modest recovery in global oil benchmarks.

Basrah Heavy climbed $3.30, or 4.13%, to $83.19 per barrel, while Basrah Medium gained $3.30, or 3.97%, to $86.49.

Other regional grades also posted gains. Saudi Arabia Light rose to $92.14 per barrel, while Kuwait Export climbed to $93.71 and Qatar’s Al-Shaheen reached $92.54.

In global markets, Brent crude futures rose 0.3% to $92.44 per barrel, while US West Texas Intermediate (WTI) gained 0.4% to around $85.38, recovering some ground after both benchmarks fell more than 2% in the previous session.

https://www.shafaq.com/en/Economy/Basrah-crude-prices-jump-4

Dollar Edges Higher In Baghdad, Erbil

2026-08-25 Shafaq News- Baghdad/ Erbil  The US dollar edged higher against the Iraqi dinar in Baghdad and Erbil on Tuesday, hovering around 154,000 dinars per $100.

In Baghdad, the dollar rose to 154,350 dinars per $100 at the al-Kifah and al-Harithiya central exchanges, up slightly from 154,300 dinars on Monday, according to a Shafaq News market survey.

At currency exchange shops in Baghdad, the dollar was selling for 154,750 dinars per $100 and buying for 153,750 dinars.

In Erbil, the dollar was selling for 154,550 dinars per $100 and buying for 154,450 dinars.

https://www.shafaq.com/en/Economy/Dollar-edges-higher-in-Baghdad-Erbil-6

Gold prices steady in Baghdad, fall in Erbil

2026-08-25 Shafaq News- Baghdad/ Erbil  Gold prices were stable in Baghdad on Tuesday but fell in Erbil, the capital of the Kurdistan Region.

According to a Shafaq News survey, wholesale prices on Baghdad’s Al-Nahr Street were unchanged from Monday, with 21-carat Gulf, Turkish and European gold selling at 1.012 million dinars per mithqal (about five grams) and buying at 1.008 million dinars.

Iraqi 21-carat gold sold at 982,000 dinars per mithqal and was bought at 978,000 dinars.

At retail jewelry shops, Gulf 21-carat gold sold for between 1.015 million and 1.025 million dinars per mithqal, while Iraqi gold ranged from 985,000 to 995,000 dinars.

In Erbil, prices declined, with 22-carat gold selling at about 1.043 million dinars per mithqal, 21-carat at 996,000 dinars and 18-carat at 854,000 dinars.

https://www.shafaq.com/en/Economy/Gold-prices-steady-in-Baghdad-fall-in-Erbil-0

Congress Built This Mess They’ve Made Sure They Don’t Live In It

Congress Built This Mess. They’ve Made Sure They Don’t Live In It.

Notes From the Field By James Hickman (Simon Black / Sovereign Man)  August 25, 2026

King Hammurabi of Babylon had a simple rule for home builders: if the house you built collapsed and killed its owner, you were put to death.

That was law #229, carved in stone almost 4,000 years ago. And some version of this rule has existed for most of human history. Even to this day, it’s a tradition among architects to spend the night under a bridge they designed to prove that it’s safe.

Bottom line, people who built things were often expected to eat their own cooking and suffer the successes and consequences of their work.

The United States Congress has spent decades perfecting the opposite arrangement.

Start with the salary. Members of Congress earn $174,000 a year, more than double what the median American household makes. Yet Congress would like you to know how painful that is.

Senator Tommy Tuberville calls the job a "sacrifice." Representative Pramila Jayapal complains that "most of us get paid less than our chiefs [of staff] at this point."

Current and former members are suing the government, demanding retroactive cost-of-living raises, with claims as high as $420,000 apiece.

Bear in mind, again, that Congressmen already make $174,000 per year. Yet the House of Representatives averages just 150 days in session per year. And last year's legislative calendar scheduled just 137 days.

Most Americans work at least 250 days a year. So, adjusting for actual days worked, Congressmen are actually earning nearly $300,000 based on a normal work year. So the pay gap between everyday Americans and their Congressional representatives is even greater than at first glance.

And just how do they fill their 150ish work days? The Democratic Congressional Campaign Committee once handed its incoming freshmen a model schedule:

Four hours of the day went to fundraising calls. Another hour to something called "strategic outreach", i.e. being aligned with the party bosses. The actual job of representing constituents gets, maybe, 3-4 hours per day.

By the party's own math, half of a congressman's day goes to keeping the job rather than doing it.

This is insane. A welder doesn't get to spend half of his day persuading people to let him keep his job; rather, if he doesn’t want to get fired, he simply has to do a good job. Pretty simple.

But members of Congress can't run on their records, because their record is the insane world that we all live in.

So they spend their days telling lies to donors in order to raise enough money to tell more lies in TV commercials and email blasts. Anywhere else, this cascade of lies would be considered criminal fraud. In politics it’s just campaigning.

And in a few weeks, those campaign pitches will even receive a special pass around Gmail's inbox filter: starting September 8, 2026, Google will let verified political committees bypass it entirely, just in time for the midterms. Your inbox has rules; their fundraising has an exemption.

But the exemptions don’t stop there.

Thanks to Congress, Americans are required by law to have some overpriced health insurance plan. But politicians have a special plan, with taxpayers footing the vast majority of the premium... plus coverage for life once a member qualifies for retirement after serving just FIVE years in Congress.

So the same people who built the most unaffordable healthcare system in the world exempted themselves from ever feeling the pain.

Pensions repeat the pattern: members elected before 2013 earn a pension that accrues nearly twice as fast as a regular federal worker's, collectible as early as 50. They let Social Security drift toward insolvency for you. For themselves, they built a backup.

Then there's the stock trading. A corporate executive who trades on confidential information goes to prison. Congress never bothered to apply those rules to itself until the 2012 STOCK Act.

That might explain how former House Speaker Nancy Pelosi went from a roughly $3 million net worth when she entered Congress in 1987 to an estimated $280 million today. It’s all apparently due to her husband's extreme investment prowess.

But she's far from the only one. Must all be a wild coincidence.

Even after the 2012 STOCK Act which required politicians to disclose their stock trades, nothing changed. Seventy-eight members broke that law in a single term— yet in the fourteen years since the STOCK Act, not a single one has been prosecuted for insider trading.

Even Speaker Mike Johnson says, "Look, at least let them, like, engage in some stock trading, so that they can continue to, you know, take care of their family."

Imagine the private-sector version: if JP Morgan announced a new campus in Texas and its CEO, Jamie Dimon, bought up the surrounding land to sell to his own company, he'd be indicted before the concrete cured.

Congress runs that trade every day, on information you'll never see, and calls it “taking care of their family”.

Then you’ve got their housing perks.

Representatives can bill taxpayers for their living costs in Washington DC— up to $276 a night for lodging, plus a $92 meal allowance.

What’s interesting is that this is a recent adjustment going back to just 2023. Congressmen were ‘suffering’ the worst inflation in four decades. Rather than acknowledge that they themselves were instrumental in creating that inflation, they cooked up a bailout for themselves so that they wouldn’t have to pay sky-high prices.

In short, you pay higher living costs. Congressmen bill you for theirs.

Congressmen also routinely get sweetheart deals from banks and mortgage brokers; during the 2008 financial crisis, for example, America’s largest housing lender at the time ran a VIP program that waived fees and cut prices on home loans for politicians and key staffers.

Everyone else pays the going rate— 6% to 7% today. Politicians get special terms, and I’m sure there are no strings attached.

An organization that never feels its own failures has no reason to fix them. The debt, the inflation, and the fraud keep compounding no matter who wins.

Hammurabi figured out the fix 4,000 years ago: make the builder liable for his own construction. Congress has spent decades making sure the roof always comes down on somebody else.

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

https://www.schiffsovereign.com/trends/congress-built-this-mess-theyve-made-sure-they-dont-live-in-it-155711/?inf_contact_key=94d6a43466f13366ecd5a486a82d8f33b6ab370699ebb21cbbd41069d1f1344d

Iraq Economic News and Points To Ponder Tuesday Afternoon 8-25-26

Iraq Considers Currency Change and Dinar Redenomination as Parliament Seeks to Delay Draft Law

 25-08-2026    Peregraf — Iraq is considering a major currency reform that would involve replacing existing banknotes and potentially removing zeros from the Iraqi dinar, but the Parliamentary Finance Committee has asked the government to postpone legislation on the proposal until its economic, legal and financial implications are studied in greater detail.

The Finance Committee hosted the Governor of the Central Bank of Iraq on August 23 to discuss the proposed currency change and the removal of zeros. Following the meeting, the committee sent a formal letter to Prime Minister Ali Faleh Al-Zaidi's office recommending that a vote on the draft law be postponed pending direct discussions between Parliament, the Council of Ministers, the Central Bank, the Ministry of Finance and the Ministry of Planning.

The committee distinguished between replacing the existing banknotes and actually removing zeros from the dinar's denominations. According to its letter, changing the currency without deleting zeros falls within the Central Bank's legal authority under Article 36 of the Central Bank Law No. 56 of 2004.

However, removing zeros would require legislation because it would affect a wide range of existing legal and financial obligations. The committee said the process would require amendments to civil, commercial and criminal legislation containing amounts denominated in dinars, as well as contracts involving investment projects, debts, government fees, fines and other financial obligations.

The committee also said the legislation would need to protect the rights and obligations of creditors and debtors, establish a clear timetable and mechanisms for the transition, and address possible amendments to Iraq's Anti-Money Laundering and Counter-Terrorism Financing Law and the Integrity Commission Law.

$250 Million Printing Plan

MP Dilan Ghafour, a member of the Finance Committee, told Peregraf that removing zeros would require the printing of new currency at an estimated cost of $250 million.

Ghafour said four countries — Germany, France, Australia and the United Kingdom — had been selected for the printing process.

She said Iraq's current money supply stands at 113 trillion dinars, and estimated that between 8 trillion and 10 trillion dinars had been lost during wars or stolen. She said only about 6% of the remaining currency is held by the government, while the vast majority is in public circulation.

Ghafour said the proposed exchange would provide an opportunity to bring more cash into the formal financial system. She said people holding large amounts of cash could be required to explain the source of their wealth when exchanging old notes.

She also said the Finance Committee had raised concerns over the possibility that rising real estate and gold prices could provide safe havens for illicit funds or facilitate money laundering. According to Ghafour, relevant oversight bodies and the Ministry of Planning would be responsible for monitoring those developments.

MP Ahmed Haji Rashid, another Finance Committee member, said the government is preparing to change the currency and that the samples, designs and dimensions of the new notes are ready.

Rashid said the proposed plan involves printing 7.5 billion banknotes across all denominations, also at an estimated cost of $250 million, with Germany, France, Australia and Britain designated for the printing process.

He stressed that the proposed currency would retain the same price and value, meaning the planned change would not in itself constitute a devaluation or increase in the dinar's real value.

Rashid said the reform is intended to withdraw large amounts of cash currently outside the banking system, combat the circulation of cash linked to corruption, strengthen protection against counterfeiting and encourage citizens to move savings from homes into banks.

He said the current banknotes have been in circulation since 2005, and argued that replacing them would address security concerns and reduce counterfeiting risks.

Rashid also said the reform could help activate what he described as "idle capital" held outside the banking system because of limited public confidence in banks. Under the proposed process, exchanging old notes through banks could encourage greater deposits and increase the use of formal financial services.

He estimated that the overall currency replacement process could take three to seven years.

Finance Committee Calls for Caution
Despite the preparations described by the MPs, the Finance Committee has not endorsed immediate passage of the legislation.

In its August 24 letter, signed by Finance Committee Chairman Uday Awad Kadhim, the committee formally recommended postponing the vote until the government and relevant institutions conduct a comprehensive assessment of the proposed currency change and removal of zeros.

The committee said the process could have implications extending beyond monetary policy, including contracts, taxation, debts, criminal penalties, anti-corruption measures and the rights of citizens and businesses.

The proposed reform therefore remains subject to further government and parliamentary review, with the Finance Committee seeking a coordinated assessment before legislation on removing zeros from the Iraqi dinar proceeds.  https://peregraf.com/en/report/12333

Seeds of Wisdom RV and Economics Updates Tuesday Afternoon 8-25-26

Good Afternoon Dinar Recaps,

BRICS Builds the Plumbing for a More Multipolar Financial System

The most consequential part of the BRICS financial story may not be a new currency. It may be the payment infrastructure being built underneath global trade.

 Overview

• BRICS countries are exploring ways to connect their fast-payment systems and central bank digital currencies (CBDCs) to make cross-border transactions faster and less expensive.

• India is pushing for greater use of the rupee in international settlements,while BRICS members examine ways to make local-currency payments more practical.

• The development does not mean a BRICS currency is replacing the dollar. Instead, it represents something potentially more important over time: the construction of additional payment channels that could reduce dependence on traditional dollar-centered settlement.

Key Developments

1. BRICS is focusing on payment infrastructure—not just a new currency

Reserve Bank of India Governor Sanjay Malhotra said BRICS members are discussing potential linkages between their national fast-payment systems and CBDCs. The objective is to make international payments faster, cheaper and more efficient.

That is significant because much of the global financial-reset discussion has focused on whether BRICS will eventually create a common currency.

But a common currency is not necessary to change the architecture of international payments.

Connecting existing payment systems could allow countries to continue using their own currencies while making cross-border settlement more efficient.

That is a much more practical—and potentially more achievable—path.

2. India wants the rupee to play a larger role

India is already using the rupee for settlements with some trading partners, although Governor Malhotra acknowledged that the volumes remain relatively small and need to expand.

This is an important distinction.

The objective is not necessarily to replace the dollar overnight.

Instead, countries can gradually increase the percentage of trade settled in their own currencies, reducing the number of transactions that require conversion into dollars before reaching their final destination.

Over time, that can change the composition of global currency demand.

3. Fast-payment systems could become the foundation of a new settlement network

India's UPI provides an important example of what BRICS members are examining.

Rather than building an entirely new global financial system from scratch, countries could potentially connect systems they already operate.

That approach could include:

National payment rails → cross-border interoperability → local-currency settlement → CBDC connectivity

The BRICS discussions are still at an early stage, and there is no fully operational BRICS-wide payment network resulting from these talks yet. Reuters reports that members are still discussing possible linkages and approaches.

That caveat is important.

This is infrastructure under development—not a completed replacement for SWIFT or the dollar.

Why It Matters

The global financial system is built on more than currencies.

It also depends on the rails that move money.

For decades, international commerce has relied heavily on correspondent banks, dollar clearing and established messaging and settlement infrastructure.

If emerging economies develop efficient alternatives, the effect could be gradual but significant.

→A Brazilian company could increasingly trade with an Indian company using local currencies.

→An Indian company could settle with a Russian supplier in rupees or rubles.

→A Chinese company could increasingly conduct trade without every transaction passing through the same dollar-centered pathway.

None of those transactions individually threatens the dollar.

But millions of transactions operating through alternative channels could gradually change the structure of global trade settlement.

Why It Matters to Foreign Currency Holders

For foreign-currency holders, this is one of the developments worth watching closely because it moves the discussion beyond speculation about a sudden currency revaluation.

The more important question is: Which currencies are actually being used for international trade

If BRICS countries succeed in expanding local-currency settlement, currencies such as the rupee, yuan, ruble and real could gain greater transactional importance even without becoming reserve currencies on the scale of the dollar.

That could eventually create greater demand for currencies that previously had limited international circulation.

However, greater use does not automatically mean a dramatic increase in currency value. The economic fundamentals of each currency still matter.

Implications for the Global Financial Reset

• The reset may be about infrastructure before currency

The most important development may not be the creation of a BRICS currency.

It may be the creation of multiple settlement pathways.

That changes the financial system at its foundation.

The emerging model looks less like:  Dollar → everything

and increasingly like: Dollar + Yuan + Rupee + other local currencies + interoperable payment systems

That is the beginning of a more multipolar settlement environment.

• BRICS is building optionality

This is perhaps the most important word in the story: optionality.

BRICS does not need to eliminate the dollar to reduce dependence upon it.

It simply needs to give businesses and governments more choices.

The ability to settle directly in local currencies reduces exposure to dollar shortages, currency-conversion costs and, for some countries, the risks associated with sanctions and dependence on Western financial infrastructure.

• The dollar's role could change gradually rather than collapse suddenly

The dollar remains deeply embedded in global trade, finance, reserves and capital markets.

Nothing in the current BRICS discussions changes that overnight.

But financial systems can change through incremental diversification.

If alternative payment rails become faster and cheaper, economic incentives—not political declarations—could gradually encourage greater use.

That is ultimately more important than headlines announcing the "end of the dollar."

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

What to Watch Next

The critical indicators will be whether BRICS moves from discussion toward actual technical interoperability between national payment systems.

Watch for:

• Formal agreements connecting fast-payment systems

• Greater use of local currencies in BRICS trade

• Expansion of India's rupee settlement arrangements

• Progress on CBDC interoperability

• Changes in correspondent-banking relationships

• Evidence that businesses—not just governments—are adopting alternative settlement channels

The upcoming BRICS discussions will be particularly important because India is hosting the 2026 summit, putting payment infrastructure and financial cooperation directly into the group's agenda.

Bottom Line

The global financial system does not have to experience a dramatic "currency replacement" to undergo a reset.

It can change one payment rail at a time.

BRICS' exploration of interconnected payment systems, CBDCs and expanded local-currency settlement represents an important structural development because it addresses how money actually moves across borders.

The dollar remains dominant.  But the architecture surrounding it is becoming more diversified.

The emerging global financial reset may therefore be less about replacing the dollar—and more about building a world where countries no longer have to rely on a single financial pathway to conduct global trade.

Seeds of Wisdom Team

Newshounds News™ Exclusive

Sources

• Reuters — BRICS nations discuss linking payment systems and CBDCs

• Moneycontrol — RBI Governor Sanjay Malhotra says BRICS eyeing faster cross-border payments

~~~~~~~~~~

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Thank you Dinar Recaps

Reset Day Is Coming — Here’s What Happens to Your Money, Debt & Home

Reset Day Is Coming — Here’s What Happens to Your Money, Debt & Home (How to Prep)

Daniela Cambone and Taylor Kenny:  8-24-2026

In today’s interview, Daniela Cambone speaks with ITM Trading’s Taylor Kenney about what “Reset Day” could mean for your savings, debt, and home and how to prepare before the rules change.

History often provides clear indicators when monetary systems come under structural strain. During the conversation, Taylor Kenney highlights firsthand accounts and real-world examples of past currency crises, such as the economic devaluations experienced in Mexico.

These historical events demonstrate a remarkably consistent pattern: central banks overprint currency, public confidence in paper money steadily erodes, purchasing power declines through accelerating inflation, and the system eventually undergoes an official devaluation or revaluation.

When a currency is officially devalued, the nominal figures in a bank account may remain the same, but their actual purchasing power drops precipitously. Savers who keep their entire reserve in fiat currency bear the brunt of these adjustments, making it essential to recognize that monetary shifts are rarely sudden anomalies—they are typically the predictable result of prolonged fiscal expansion.

Spotting an impending monetary transition requires paying attention to macro-level indicators. Kenney and Cambone emphasize several critical warning signs currently visible in global markets, most notably shifts within the bond market and the escalating costs associated with servicing public debt.

As government debt burdens rise, interest payments consume an increasingly large portion of annual budgets. This dynamic restricts the flexibility of monetary policy and frequently leads central banks to rely on further currency creation to manage obligations. For everyday observers, watching the bond market and national debt interest yields key clues about the health of the broader financial architecture.

A major misconception surrounding the concept of a monetary reset is the idea of widespread debt forgiveness. Some assume that a systemic overhaul will automatically wipe out mortgages, personal loans, or credit obligations. However, economic history suggests otherwise: financial institutions historically ensure that debt contracts are preserved or adjusted in ways that safeguard creditors rather than borrowers.

Similarly, while real estate remains a tangible and valuable asset class, its market value and liquidity can fluctuate dramatically during periods of monetary stress. High interest rates and tightening credit conditions can constrain real estate transactions even while underlying costs rise. Relying solely on real estate or paper assets during a currency transition can leave individuals exposed to unexpected liquidity challenges.

One of the most encouraging takeaways from the discussion is that wealth preservation is not reserved exclusively for institutional investors or the ultra-wealthy. Precious metals like physical gold and silver remain accessible, time-tested stores of value for people across all financial backgrounds.

Unlike fiat currency, physical precious metals cannot be printed by executive decree or degraded by inflationary policy. They carry no counterparty risk and have maintained their purchasing power across centuries of economic shifts, currency reconfigurations, and market cycles. Allocating a portion of one’s portfolio toward tangible, sound assets serves as a practical hedge against the uncertainty of paper-based financial systems.

While discussing a global monetary reset highlights real economic vulnerabilities, the overarching message from Daniela Cambone and Taylor Kenney is one of hope and empowerment. Increased public awareness, continuous education, and proactive financial planning give individuals the tools needed to weather significant economic transitions successfully.

00:00 Taylor's Take on Monetary Reset

02:38 What Is a Monetary Reset?

03:56 How Urgent Is the Reset?

05:24 The Biggest Concern for Everyday Savers

07:30 Could an Uprising Happen?

12:08 How to Use Gold and Silver

14:11 Understanding Gold Price Fluctuations

https://www.youtube.com/watch?v=_pxHJ433kp4