News, Rumors and Opinions Thursday 8-13-2026

Stephanie Starr: September 30th to October 1st, Watch the Timing

8-12-2026

SEPTEMBER 30 → OCTOBER 1. WATCH THE TIMING.

Iraq is reaffirming September 30 as the end of the U.S.-led Coalition’s military mission, with October 1 beginning what Iraqi leadership calls a “new phase” focused on sovereignty, security, economic development and prosperity.

October 1 is ALSO:

• Day 1 of the U.S. government’s FY2027

• The beginning of the final, intense stretch toward the November 3 U.S. midterm elections

• Marks the 3 yr anniversary of the USDEBTCLOCK’S “Secret Window” graphics that have been eluding to a new monetary system.

And this is happening while Iraq continues banking and financial reforms and pushes toward greater international economic integration.

For those following the Global Currency Reset, October has long been a period of speculation. Could Iraq’s transition toward full sovereignty and deeper integration into the global financial system eventually include a change in the IQD’s exchange-rate regime or value?

Still, the timing is fascinating:

• Sept. 30: one chapter closes.

• Oct. 1: a new fiscal year and a “new phase” for Iraq begin.

Sovereignty …Stability …Investment …Economic integration …Currency reform

October is looking VERY interesting.

Source(s):
• https://x.com/StephanieStarrC/status/2087591142632067374

https://dinarchronicles.com/2026/08/13/stephanie-starr-september-30th-to-october-1st-watch-the-timing/

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

Thom   Late yesterday afternoon, I got a call from a friend of mine who is a banker in Texas. And he is high up at his bank. He shared with me that he got a call telling him to expect the new REER tomorrow, Thursday or Friday. That call was from a retired banker and not from an official source. Now I trust him. And I am hearing this same thing from other people. But... I am reading September for a lot of things.  I hope I am wrong and it is this week. The CBI has a history of changing the rate when the gap between the street rate and the official rate are far apart and that is how it looks to me. 

Frank26   [Iraq boots-on-the-ground report]  OMAR:  The televisions says the United States of American, Mr. Donald Trump is very furious at the new Prime Minister because he promised the reforms and the cabinet to be completed by the 1st of July.  FRANK:  Trump is not pulling any punches.  Didn't I tell you Trump wants the same thing that you want?

Stephen  I've been getting a lot of messages this past weekend from people that are very concerned saying, 'Oh my gosh, if the dinar goes digital, does that means that our paper currency is worthless?" Having the dinar go digital is going to help a lot when it comes to the tracking and making sure every single dollar is tracked...While we are waiting for the Iraqi dinar revaluation...going digital is a critical piece of that happening.

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Japan Exposes US Debt Crisis, the Mask is off

Liberty and Finance:  8-11-2026

Gold and silver have experienced a significant pullback, but Andy Schectman says the correction may have shaken out much of the speculation and selling pressure that had built up earlier in the year.

 He points to continued gold accumulation by central banks, China, and Tether, arguing that major buyers are using the weakness in prices to add to their holdings.

Schectman says gold and silver have “sniffed out” the direction of real yields and believes sophisticated investors increasingly understand that policymakers may have limited ability to withdraw liquidity without disrupting financial markets.

Despite the recent volatility, he says gold and silver are showing renewed strength after speculation and open interest were flushed from the market.

Schectman believes the metals could be at the beginning of another leg higher, while acknowledging that additional short-term volatility remains possible.

INTERVIEW TIMELINE:

0:00 Intro

1:30 Crisis in private credit

22:10 Metals rally

https://www.youtube.com/watch?v=iof_p3n5HcE

Iraq Economic News and Points To Ponder Late Wednesday Evening 8-12-26

"My Account" project: Countdown begins for the complete abolition of "cash salaries" in Kurdistan by the end of this month

Erbil (Kurdistan24) - The Kurdistan Regional Government's "My Account" (Hizami Man) financial project team has issued a decisive notice to public sector employees and retirees, announcing that they have only 20 days left to receive their bank cards before cash payments are completely and finally stopped as of August 31, 2026.

The project management statement urged all employees and beneficiaries to expedite the receipt of their cards to avoid delays in the disbursement of their upcoming entitlements, noting that it is possible to verify the card's readiness via text messages (SMS), or applications (Viber and WhatsApp), or by direct inquiry at bank outlets during the current payment period.

Financial inclusion achievement in numbers

Official project data revealed that financial inclusion is nearing completion of all its phases, with the overall rate of employee registration with accredited banks reaching 96% across the region, distributed as follows:

Erbil and Duhok governorates: achieved a record registration rate of 99%.

Sulaymaniyah Governorate: 92% of the total number of employees and beneficiaries were registered.

Expanding the ATM network

As part of strengthening the infrastructure and facilitating cash withdrawals around the clock, the project team confirmed the deployment and equipping of approximately 700 automated teller machines (ATMs) distributed across all cities, districts and sub-districts in the Kurdistan Region.

https://www.kurdistan24.net/ar/story/931812/مشروع-حسابي-بدء-العد-التنازلي-لإلغاء-الرواتب-النقدية-نهائيا-في-كوردستان-نهاية-الشهر-الجاري

Kurdistan Region To Halt Cash Salaries By August 31 Deadline 

Daban Mohammed

At a Glance

• Cash-based payroll distribution in the Kurdistan Region concludes this month.

• The MyAccount project urges 25,000 unregistered employees to expedite their enrollment.

• The federal government and the KRG have agreed to terminate cash-based payrolls.

Cash salary distribution for public sector employees will be completely halted in the Kurdistan Region after August 31; approximately 150,000 public sector bank cards have not yet been collected by beneficiaries.

Key Statements and Focus Area

• In an official statement, the MyAccount project warned public sector employees that cash salary distribution will no longer be available after August 31 of this year.

• Any employee without a bank card will face difficulties receiving their financial dues.

In terms of logistical preparations and distribution status, the MyAccount project management stated that 80,000 finalized bank cards are currently stationed at state-run banks, calling on account holders to collect their respective cards before the end-of-month deadline.

Distribution updates and mandatory pickup schedules specifying the designated holding branch will be communicated exclusively to public sector employees through direct SMS notifications.

For beneficiaries who have not yet received this correspondence, project officials confirmed that automated text alerts will be dispatched incrementally over the next three weeks.

Furthermore, the specialized hotline 1991 has been fully activated as a dedicated customer support center tasked with handling inbound inquiries and resolving individual card issuance issues.

FYI

MyAccount, a digital payroll initiative, was launched by the Kurdistan Regional Government in September 2023 to transition public sector workers from cash payments to electronic bank deposits.

According to the agreement between Erbil and Baghdad, the salary distribution system is shifting, and cash will no longer be disbursed for payroll.

This marks the final deadline for approximately 25,000 employees who have not yet registered in the project.

The project emphasizes that collecting bank cards before August 31 is the only way to protect employees' salaries from being suspended by the federal government. https://channel8.com/english/news/63577

By October 1st, Iraq Will Be Free Of Foreign Military, No Weapons Outside The State Control, Says PM Al-Zaidi

BAGHDAD - INA - 8/12/2026    PM Ali Faleh al-Zaidi and Commander of U.S. Central Command Admiral Charles Brad Cooper confirmed on Wednesday a full and final agreement to end the international coalition's military mission, while stressing that Iraqi-US relations will move towards cooperation and partnership in the economic, development, and security fields.

During the meeting, PM Al-Zaidi reaffirmed the commitment to the agreed timelines, under which September 30 will be the fixed and final date for ending the military mission of the Global Coalition to Defeat Daesh in Iraq and completing the departure of its forces, according to a statement from the PM Media Office, received by the Iraqi News Agency - INA.

“October 1st will mark a new day in the path of the Iraqi state, as Iraq will be free of any foreign military presence, will exercise full national sovereignty over its territory, and will continue building its security and military capabilities, enabling it to protect its security and stability on its own,” he stated.

The Prime Minister called “for adherence to the principles of the Constitution and the fundamental principles upon which the state is founded, safeguarding its supreme interests, and directing the energies of the Iraqi people toward construction, reconstruction, and development. “

“Iraq today needs the efforts of all its people to build a strong economy, a stable state, and a better future for generations to come,” he affirmed.

Al-Zaidi stressed that “confining arms exclusively to state authority, in accordance with the law, protects everyone, strengthens the authority and sovereignty of the state, ensures security and stability, and represents an essential prerequisite for moving Iraq into a new phase of development and prosperity.”

Both sides affirmed their full and final agreement on ending the military mission of the Global Coalition to Defeat Daesh in Iraq, in accordance with what was agreed upon during the Prime Minister’s visit to Washington in mid-July.

They stressed that “Iraqi-U.S. relations will transition toward cooperation and partnership in the economic, development, and security fields, based on mutual respect for sovereignty and the mutual interests of both countries.”

    https://ina.iq/en/politics/51172-by-october-1st-iraq-will-be-free-of-foreign-military-no-weapons-outside-the-state-control-says-pm-al-zaidi.html

Seeds of Wisdom RV and Economics Updates Thursday Morning 8-13-26

Good Morning Dinar Recaps,

BRICS Moves From Talk to Financial Infrastructure: Iran Eyes Development Bank as Members Explore Linked Payment Systems

August 13, 2026 — Two developments this week point to a potentially important evolution inside BRICS: Iran says it will soon join the New Development Bank, while members are discussing ways to connect their fast-payment systems and central bank digital currencies.

 Overview

• Iran says it will soon join the New Development Bank (NDB), strengthening its access to a BRICS-backed development-finance institution while remaining under extensive U.S. and international sanctions.

• BRICS central banks are discussing payment-system connectivity, including possible links between fast-payment networks and central bank digital currencies (CBDCs).

• The developments are still in the implementation stage, but together they show BRICS working on financial infrastructure that could make cross-border trade less dependent on traditional dollar-based channels.

Key Developments

1. Iran moves closer to the BRICS New Development Bank

Iranian Central Bank Governor Abdolnaser Hemmati said Iran will “soon” become a member of the New Development Bank, which was established by Brazil, Russia, India, China and South Africa.

Iran joined BRICS in 2024 and has since sought NDB membership. Reuters reports that the NDB itself has not yet confirmed Iran's membership, so this should be viewed as a stated intention rather than a completed accession.

For Tehran, the significance goes beyond another development-finance relationship. Iran remains under extensive sanctions and is looking for alternative financial channels outside the dollar system.

2. BRICS is exploring connected payment infrastructure

India's central bank governor said BRICS members are discussing possible connections between their fast-payment systems and CBDCs.

The discussions are intended in part to reduce the cost of cross-border payments. The proposals remain at the discussion stage, but they represent a move toward interoperability between national payment systems rather than relying exclusively on existing international payment networks.

3. Local currencies remain part of the strategy

BRICS members have been promoting greater use of national currencies for trade and financial transactions.

India is also continuing efforts to internationalize the rupee and expand local-currency settlement for cross-border trade. Iran, meanwhile, has advocated bilateral and trilateral monetary cooperation with other BRICS members.

4. Development finance and payments are beginning to converge

The important development is not simply that BRICS is discussing an alternative currency.

Instead, the bloc is working on several pieces of financial infrastructure at the same time:

Development finance → local-currency settlement → fast-payment connectivity → CBDCs

If these systems eventually become interoperable, they could provide participating countries with additional ways to conduct trade and finance without every transaction requiring the traditional dollar-centered pathway.

5. This is infrastructure—not an overnight monetary reset

It is important to separate what is actually happening from what is often claimed online.

There is currently evidence of discussions surrounding payment-system connectivity and local currencies, and Iran has announced its intention to join the NDB. There is not evidence that BRICS has launched a common currency or replaced the U.S. dollar as the world's reserve currency.

The significance is therefore in the gradual construction of alternatives, not a sudden replacement of the existing system.

Why It Matters

The global financial architecture is increasingly being shaped by the development of multiple payment and settlement channels.

BRICS is attempting to make cross-border transactions cheaper and less dependent on a single financial pathway. The NDB provides a financing mechanism, while payment-system interoperability could eventually provide the infrastructure for faster settlement between participating economies.

The real question is no longer simply whether countries want to reduce dollar dependence. It is whether they can build systems capable of doing so at a meaningful scale.

Why It Matters to Foreign Currency Holders

For foreign-currency holders watching the evolution of the global monetary system, these developments are worth monitoring because currency value ultimately depends not only on the currency itself, but also on the financial infrastructure supporting its use in international trade.

The development of local-currency settlement, regional payment systems and CBDC interoperability could gradually change how currencies move across borders.

However, none of these developments constitutes evidence of a specific currency revaluation or RV event. The more meaningful signals to watch are actual changes in settlement volumes, reserve policies, central-bank holdings, NDB lending and the adoption of interconnected payment infrastructure.

Implications for the Global Reset

• Pillar 1 — Trade 

BRICS is working toward payment infrastructure that could make cross-border trade less dependent on traditional dollar-based settlement.

• Pillar 2 — Technology

Linking fast-payment systems and CBDCs could create a new layer of digital financial infrastructure connecting national currencies.

Closing Perspective

The next major shift may not come from the launch of a new currency—it may come from the infrastructure that allows existing currencies to move, settle and trade outside the traditional financial channels.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters — "Iran to join BRICS development bank soon, central bank governor says"

• Reuters — "BRICS nations discuss linking payment systems and CBDCs, RBI chief says"

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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

The Tax Collector Now Gets a Cut of What He Finds

The Tax Collector Now Gets a Cut of What He Finds

Notes From the Field By James Hickman (Simon Black / Sovereign Man) August 11, 2026

Arguably the most famous man on the planet throughout the 1700s was the famed writer Francois-Marie Arouet, known to history as Voltaire. He wasn't just a celebrity writer and philosopher, however; Voltaire was also a wealthy capitalist and nobleman who almost single-handedly turned the impoverished region of Ferney into a highly productive watchmaking hub.

Through his fame and creativity, Voltaire managed to attract a small army of Swiss watchmakers to relocate across the border into France and set up shop in Ferney. As part of the deal, he personally negotiated special tax incentives for his watchmakers, exempting them from some of the most onerous French national taxes.

Voltaire's tax incentives were personally signed off by France's comptroller general, Jacques Turgot... and all of Ferney celebrated their success.

Unfortunately, even a formal deal with the French government didn't stop the local "tax farmers" from coming to collect.

For most of the 1700s, the royal court in France had delegated the collection of its complex system of taxes and duties to private citizens who were known as tax farmers.

Tax farmers would essentially bid against each other to pay the government a fixed sum of money up front each year, which the treasury would then claim as tax revenue.

Tax farmers would then have the full authority of the state to go all over the cities and the countryside to collect.

As they were obviously running a business, their primary motivation was to generate the highest possible return on investment by any means necessary. And it didn't take long for tax farmers to turn into mafia-like organizations that would send roaming gangs across the country to threaten and extort every last penny they could get from French citizens.

Even though Voltaire had negotiated directly with the French government for his region's tax exemptions, the tax farmers still came to Ferney and brutalized the local population.

Voltaire wrote to a friend in late 1775 that the tax farmers "marched about in groups of fifty, stopped all the vehicles, searched all the pockets, forced their way into all the houses and made every kind of damage," to collect money from the citizens of Ferney.

This was not an aberration; stories of widespread abuse by tax farmers were legendary in pre-revolutionary France. In the year 1783 alone, tax farmers carried out more than 4,000 house searches and arrested roughly 20,000 people. Confiscation of property, homes, clothes, and horses was routine. And the financial incentives were perverse, with the person who ratted out a suspected tax delinquent earning one-third of the confiscated property.

Unsurprisingly, most of these tax farmers would be put to the guillotine after 1789.

Sadly, this concept is starting to make a comeback in the land of the free, where governments are outsourcing tax collection to private businesses, which have a financial incentive to be excessive and overly suspicious.

A large part of this is because roughly half of the states are in financial distress. This is a consequence of the federal government pulling the plug on certain slush fund programs that have fattened state coffers since the COVID days.

As a result, states are having to find ways to make ends meet. And that starts with keeping their tax codes deliberately complex and outdated. Doing so means that almost everybody is going to be guilty of some violation, because it's nearly impossible to remain in compliance with a tax code that often contradicts itself.

States then empower private companies to go out and collect, to find infractions wherever they may be, and extort money from productive citizens. This is a much easier approach for them than doing the hard work to balance their budgets and live within their means.

Here's an easy example: it's completely normal now for a business to have remote workers. And often those workers might be in another city, another state, or even another country.

Tax rules in many states have never caught up to this new paradigm. Hence, many state governments still want their pound of flesh, even though workers don't set foot anywhere near their jurisdictions.

Rules in New York state, for example, are completely incomprehensible. A nonresident employee who works remotely from another state can still be considered a New York worker whenever staying home is for the employee's convenience rather than the employer's necessity.

There is, of course, no guidance on how necessity versus convenience is determined. It's a gray area and leaves a lot of room for interpretation by a tax collector who has a financial incentive to extort businesses with out-of-state remote workers.

The fact is, it's impossible for businesses with several employees in several states to get all of this right.

Every multi-state business is in violation of something, somewhere, and the only question is who finds it first.

And this is only one small example. There are literally hundreds, if not thousands, of outdated tax regulations at the state and local levels for which compliance is simply not feasible.

Private companies receive anywhere from 12% to 20% of the amount they collect, and they engage in any number of creative ways to find delinquents.

They'll license proprietary location data, including cell phone tower logs, toll records, and even credit card statements, and when all else fails, sometimes they'll just make stuff up to intimidate taxpayers into writing a big check.

You will absolutely hear more about this, if not experience it for yourself. Readers of this letter know without a doubt that the US federal government is in deep financial turmoil, with a national debt of nearly $40 trillion and roughly $2 trillion in annual deficits.

But many states are in far worse shape. And they don't have the luxury of being able to print the world's reserve currency to make ends meet. Rather than make the difficult choices to balance their budgets, they will turn to milking their citizens like dairy cows and outsourcing the collection to a new generation of tax farmers.

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

P.S. Working out where your business, your assets, and your family legally belong is exactly what our flagship research service, Schiff Sovereign's Plan B Confidential, was built for.

Every month it covers second residencies and citizenships, foreign banking, legal tax reduction, and real assets, reported from more than 120 countries so the options come with real costs attached.

https://www.schiffsovereign.com/trends/the-tax-collector-now-gets-a-cut-of-what-he-finds-155585/?inf_contact_key=5968a2103edc51c46916d24cc2288911a6962d1c92ac1407bd3dfd0422dea95d

Thursday Iraq News Posted by Tishwash at TNT 8-13-2026

TNT:

Tishwash:  Al-Zaidi to CENTCOM commander: By October, Iraq will be free of any foreign military presence.

Prime Minister Ali al-Zaidi confirmed on Wednesday evening to US Central Command chief Charles Brad Cooper that Iraq will be free of any foreign military presence on October 1st.

Al-Zaydi’s media office stated in a statement received by Shafaq News Agency that during his meeting with the CENTCOM commander, he emphasized the commitment to the agreed-upon timelines, which stipulate that September 30th will be a fixed and final date for ending the international coalition’s military mission in Iraq and completing the departure of its forces.

He explained that the first of next October will be "a new day in the course of the Iraqi state, as Iraq will be free of any foreign military presence, and will have completed its national sovereignty over its lands, and continued to build its security and military capabilities, enabling it to protect its security and stability on its own."

In this context, the Prime Minister called for adherence to the principles of the constitution and the constants upon which the state is based, preserving its supreme interests, and directing the energies of the people towards construction, reconstruction and development, stressing that Iraq today needs the efforts of all its people to build a strong economy, a stable state, and a better future for future generations.

He stressed that restricting weapons to the state, in accordance with the law, protects everyone, strengthens the state’s authority and sovereignty, ensures security and stability, and represents a fundamental condition for moving Iraq to a new stage of development and prosperity.

Both sides confirmed the full and final agreement to end the military mission of the international coalition, in accordance with what was agreed upon during the Prime Minister's visit to Washington in mid-July.

They stressed that Iraqi-American relations will move towards cooperation and partnership in the economic, developmental and security fields, based on mutual respect for sovereignty and the common interests of the two countries.

 Earlier today, during his chairmanship of a meeting of the National Security Council, Al-Zaydi confirmed that the decision to end the mission of the international coalition in Iraq on September 30 is a final and irreversible date, and stressed the implementation of the highest level of security plans, support for internal stability, and guaranteeing national sovereignty.  link

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Tishwash:  Baghdad and Erbil resolve the "ASYCUDA" dispute... Border crossings enter a new customs phase

The Interior Minister of the Kurdistan Regional Government, Reber Ahmed, announced that Erbil and Baghdad have reached a final agreement on the implementation of the ASYCUDA global system and the sharing of customs revenues, while criticizing the federal government's "hesitation" in compensating the victims of the attacks that targeted the region, stressing that the resumption of oil production is linked to providing air defense systems and security guarantees for foreign companies.

In a press statement, Reber Ahmed explained that the implementation of the ASYCUDA customs system came under the direct supervision of the Prime Minister of the region, Masrour Barzani, and after a series of intensive meetings.

He noted that the last point of contention regarding the distribution of border crossing revenues has been resolved, as it was agreed, in accordance with the constitution, to distribute them at a rate of 50% to Erbil and 50% to Baghdad.

In this context, Iraqi parliament member Ghalib Muhammad, from the Al-Mawqif bloc, believes that there are several benefits to implementing the ASYCUDA system at the region's border crossings.

He explained to Al-Mada that "the first expected benefit is reducing the time and costs associated with the entry of goods. Instead of relying on paper transactions and multiple procedures, customs data becomes electronic, and a large part of the transactions can be completed through the system."

He added that "the second benefit relates to transparency and the electronic recording of data, which reduces the scope of human intervention in determining fees and procedures, and allows for clearer tracking of customs transactions, which can limit manipulation and customs evasion, enhance the fight against corruption, and end the state of chaos in the management of Kurdistan's ports."

He stressed that "the most important benefit is the increase in public revenues. When the movement of goods and the fees due on them become clearer, the state can collect revenues better, especially since the region has more than 20 border crossings."  link

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Tishwash:  With Apple's entry, Iraq joins the global digital economy.

The world is experiencing a phase of rapid transformations towards digitalization, and the entry of major technology companies into emerging markets stands out as one of the most important indicators of economic attractiveness and regulatory stability.

The entry of the global company (Apple) into the Iraqi market comes as an event that goes beyond the traditional commercial dimension, to reflect a new phase of Iraq’s openness to the global digital economy, and a serious attempt to reposition itself within the map of modern technology and services.

 The financial advisor to the Prime Minister, Dr. Saleh Mahoud, said: “The entry of Apple into the Iraqi market and the official adoption of its services represents an important step in the path of digital transformation, and at the same time reflects an improvement in the regulatory and technical environment that Iraq is working to establish in order to attract global companies.”

Digital companies

Mahoud added that this step did not come as a surprise, but rather is the result of a cumulative effort that began more than two years ago, through continuous cooperation and coordination between the Prime Minister’s Office, the Media and Communications Commission, the Central Bank of Iraq and a number of other government agencies, with the aim of preparing the necessary requirements and procedures for the entry of global digital companies into the Iraqi market in an official and organized manner. 

Electronic payments

He pointed out that Apple’s entry “is of importance beyond simply providing new digital services and products to the Iraqi user, as it represents an indication of the growing confidence of global companies in the Iraqi market and its ability to absorb modern digital services within clear legal and regulatory frameworks. It can also contribute to the development of the electronic payments system and the enhancement of digital transactions, in line with the directions of banking and financial reform and the shift towards a more technology-dependent economy.”

From an economic perspective, the presence of a global company the size of Apple in the Iraqi market can send a positive message to other international companies, indicating that Iraq is working to build a more open environment for the digital economy and investment in technology. The presence of global companies is not only linked to market size, but also to the clarity of regulatory frameworks, ease of doing business, efficiency of payment and settlement systems, and security measures.

For the consumer and the data.

Joint efforts

Mahoud stressed that what has been achieved is the result of joint efforts involving multiple government agencies and teams, which makes the current step part of a broader path and not a single goal. The most important thing during the next stage is to build on this experience and complete the rest of the procedures and services. 

This will allow more international companies and platforms to officially enter Iraq, and will enhance the integration of the Iraqi economy into the global economic system. 

Global digital.  Attracting companies

Economic expert Dr. Nabil Al-Abadi pointed out that Apple's entry should not be understood as a mere business deal, but rather as a true test of the environment's readiness. 

The Iraqi economy believes that priority should be given to building an integrated ecosystem that precedes any attraction of global companies, based on three basic pillars: automating the customs system to unify fees and reduce smuggling, launching a unified electronic payment gateway linked to the Central Bank to facilitate subscriptions and digital services, as well as developing clear legislation to protect the consumer that guarantees the rights of users, device maintenance, and the availability of official spare parts.

 Attractive environment

Al-Abadi pointed out in an interview with Al-Sabah that Iraq should not wait for decisions from international companies to enter, but rather should take the initiative to build an attractive and stable environment that makes the Iraqi market a viable option. 

Naturally for these companies. 

According to him, global institutions do not enter fragile markets, but rather seek clear and stable regulatory environments. Once this legislative and service infrastructure is complete, the entry of major companies will be a natural consequence of market attractiveness, not a result of external factors. 

Direct negotiations.

He pointed out that if this vision is seriously adopted, it could put Iraq on a completely different path, transforming it from a consumer market into a regional digital hub capable of attracting technological investments, which would positively impact the national economy and the level of services provided to citizens.  link

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Tishwash:  Upgrading the Iraqi banking sector: A new phase begins with mergers and reducing the number of banks.

The Independent - The Iraqi banking sector is entering a new phase of restructuring and modernization, after the Cabinet approved a plan to develop the banking sector, in a move that is expected to open the door to broad changes in the map of banks operating in the country during the next phase.

An informed source confirmed to Al-Mustaqilla that the current trend is not limited to developing banking systems and financial services, but also aims to merge a number of banks and reduce the total number of banks operating in Iraq, with the goal of building a sector more capable of complying with international banking and regulatory standards.

According to the source, the Iraqi banking sector has been facing a number of challenges for years, most notably the weakness of some banks, compliance and governance problems, in addition to sanctions and restrictions imposed on a number of Iraqi banks, which has made the issue of reorganizing the sector one of the most sensitive economic issues.

The data circulating indicates that the number of Iraqi banks subject to international banking sanctions or restrictions has reached about 39 out of 81 banks, which reflects the size of the challenges facing the sector reform process, and pushes towards a comprehensive review of the banks’ conditions and their ability to continue.

Merger of state-owned banks

In a notable development, the source revealed that the next phase may also witness the merging of a number of government banks with each other, as part of a move to restructure the government banking sector and reduce the fragmentation and multiplicity of banking institutions.

According to the source, the discussion revolves around the possibility of mergers between government banks in the coming period, with these steps being part of a broader plan to restructure the sector, raise the efficiency of banks, and enhance their financial and administrative capabilities.

If officially approved, mergers are expected to be linked to studies concerning the financial positions of banks, the size of deposits and loans, staff, branches, assets and liabilities, in addition to the ability of the bank resulting from the merger to compete and comply with international standards.

Will the number of banks in Iraq change?

The most prominent question in the next phase will be about the final number of banks that will remain in the Iraqi market.

The new plan may mean a shift from a policy of increasing the number of banks to a policy of focusing on the quality of the bank, its financial strength, and its ability to comply with regulatory standards.

This means that some banks may face the option of merging, while others may have to reorganize, and institutions unable to meet regulatory requirements may face stricter measures.

Observers believe that the success of this step will not be measured solely by the number of banks that will be merged or downsized, but rather by the extent to which the reforms can address the fundamental problems that the sector suffers from, most notably trust, compliance, governance, liquidity, digital transformation, and integration with the global financial system.

pivotal stage

According to informed sources, the Cabinet's approval of the modernization of the banking sector represents the beginning of a process that may be one of the largest restructurings of the Iraqi banking sector in recent years.

The next phase may involve merging banks, reducing their number, restructuring government banks, and tightening work and oversight standards.

However, the final details remain linked to the decisions and procedures that will be issued by the relevant governmental and regulatory bodies, and the extent to which they are implemented on the ground.

If the plan is implemented according to a clear schedule, the Iraqi banking sector may witness in the coming period a transition from a stage of multiple banks to a stage of fewer banks that are stronger, more organized, and more capable of dealing with the international financial system. link

FRANK26…8-12-26…. RED LINES

KTFA

Wednesday Night Video

FRANK26…8-12-26…. RED LINES

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

https://www.youtube.com/watch?v=aWG8C8TBrmY

Iraq Economic News and Points To Ponder Wednesday Evening 8-12-26

Saladin Gas Field Targets 300M Cubic Feet Daily

2026-08-11 Shafaq News- Baghdad   Iraq plans to raise gas production from the Ajeel field in Saladin province to around 300 million standard cubic feet per day, the Oil Ministry stated on Tuesday.

Deputy Oil Minister for Gas Affairs Izzat Saber Ismail said the projected output would strengthen the national gas system and could also support production of liquefied petroleum gas and condensates.

The ministry is assessing whether existing North Gas Company facilities can process the additional volumes or whether new infrastructure will be required at Ajeel, taking into account rehabilitation and development work under Iraq’s contract with BP.

Te field’s development should pair higher crude output with greater use of associated gas to reduce flaring and improve utilization of Iraq’s hydrocarbon resources, according to Deputy Oil Minister for Extraction Affairs Naseer Aziz.

Ajeel is one of Saladin province’s active oil and gas fields. North Gas Company was producing about 410 million standard cubic feet per day of associated gas in 2025, while Kirkuk gas output currently stands at about 255 million standard cubic feet per day, with BP-linked development targeting 400 million.

Read more: Four Iraqi Kirkuk fields target 450K bpd under BP

https://www.shafaq.com/en/Economy/Saladin-gas-field-targets-300M-cubic-feet-daily

Heavy Fees Drive Iraqi Delivery Firms Toward Collapse

2026-08-11 Shafaq News- Baghdad   Iraq's delivery companies are warning that rising licensing costs, new fees and overlapping government regulations are putting increasing pressure on a sector that has become a key link between small businesses and their customers.

More than 25 delivery companies are closing each day because of the cost of renewing licenses and rising charges, Rami Ali, manager of Al-Sultan Road Delivery Company, stated on Tuesday.

Speaking at a forum in Baghdad that brought together representatives of delivery companies, lawmakers and government officials to discuss the challenges facing the sector, Ali noted that renewing licenses costs companies 8 million Iraqi dinars ($6,100) a year for services that are not actually provided.

“Half of the delivery fee goes to the courier and the other half to the company,” he added, cautioning that the financial pressure is particularly heavy for companies operating on relatively narrow margins, with profits accounting for no more than 13% of delivery fees.

The financial strain comes alongside a dispute over which government body should regulate delivery companies, with the Transport Ministry and Communications Ministry both involved in the sector.

Read more: Iraq's e-commerce boom fuels growth, fraud, and consumer mistrust

Legal expert Ayoub Rashid argued that the laws underpinning the regulatory framework are inconsistent with those currently in force, leaving the two ministries with overlapping authority.

“Transport falls under the jurisdiction of the relevant ministry, and no other ministry is authorized to regulate it,” he maintained, contending that the Communications Ministry cannot impose fees on delivery companies without a clear legal basis.

The dispute extends beyond the companies themselves, with potential implications for the growing number of small businesses and households that rely on delivery services to reach customers.

Economic expert Khaled al-Jabri described delivery companies as a key link in Iraq's e-commerce sector, particularly for people who produce goods from their homes and depend on delivery services to sell them.

“Delivery companies provide the link between producers and consumers, particularly for businesses that can be operated from home and do not require extensive administrative or legal procedures,” Jabri told Shafaq News.

Many of these small activities generate revenues below the threshold for tax exemptions and have limited dealings with company registration offices or other government departments, he added, stressing that disruptions to the sector could therefore affect the livelihoods of hundreds of thousands of families, particularly as Iraq faces significant financial pressures.

Read more: 2026 budget: Iraq confronts unprecedented fiscal strain

https://www.shafaq.com/en/Economy/Heavy-fees-drive-Iraqi-delivery-firms-toward-collapse

Oil, Gold Rise As Geopolitical Risks Persist

2026-08-12 Shafaq News   Oil and gold prices climbed while regional shares edged nervously higher on Wednesday as geopolitical tensions ratcheted up ahead of key U.S. inflation data.

The yen was mostly flat against the dollar, having unwound much of its gains following rare intervention in currency markets by Japan and the United States.

The U.S. ​and Yemen's Iran-aligned Houthis reported separate attacks on shipping, while Asia was rattled by an early morning missile launch by North Korea.

‌Markets remained focused on U.S. consumer price index data later in the session for signals of timing for a potential Federal Reserve rate hike.

"Market sentiment is lukewarm amidst lingering geopolitical risk and as market participants head into U.S. CPI data," Kyle Rodda, a senior financial market analyst at Capital.com, wrote in a note.

"The lack of substantial news or ​progress in talks, with Iran doubling down on its commitment to govern the Strait of Hormuz, is keeping the risk for oil ​prices skewed to the upside and U.S. indices on hold," he added.

U.S. crude rose 0.89% to $83.94 a barrel, and ⁠Brent advanced to $89.60 per barrel, up 0.78% on the day. Both benchmarks settled more than $1 higher on Tuesday, marking their highest closes since July 31 and ​extending gains after jumping about 5% on Monday.

Spot gold gained 0.46% to $4,387.03 an ounce. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS), opens new tab was up 0.5%, while Japan's ​benchmark Nikkei share gauge (.N225), opens new tab traded flat as the market reopened after a holiday.

Four crew members of an Egyptian-owned ship were killed in an attack by Houthis on Tuesday, Yemen's transport ministry said, while the U.S. military said it struck a container ship attempting to sail toward an Iranian port. The fatalities would mark the first from a Houthi strike ​on shipping since the Iran war began on February 28.

The war shows no signs of ending despite repeated claims from U.S. President Donald Trump ​of an imminent deal.

A North Korean ballistic missile fired off the Korean Peninsula's east coast came days ahead of major joint military exercises by Seoul and Washington long ‌denounced by ⁠Pyongyang. Meanwhile, Taiwan condemned planned naval drills between China and an Indonesian warship off the island's east coast.

Wednesday's CPI data will not capture the most recent rise in energy costs, but it could still prove instrumental in setting expectations for the Fed's meeting next month, with money markets showing an even chance of a hike .

Consumer prices are expected to edge up 0.1% in July after falling 0.4% in June, according to a Reuters poll. Annual CPI inflation ​is forecast to slow to 3.4% from ​3.5% a month earlier.

"Everyone's got ⁠their eyes on the CPI report," Skye Masters, head of markets research at National Australia Bank, said on a podcast. "If you do see the print coming in at zero, I think you'll obviously see a reasonable rally in ​Treasuries as the market unwinds expectations for the Fed tightening."

Markets are also increasingly pricing in an early ​rate hike in Japan, ⁠putting pressure on the nation's shorter-dated bonds. The yield on the 5-year Japanese government bonds rose to 2.1%, a record high, while the 2-year yield reached a 31-year peak of 1.63%.

The dollar index , which measures the greenback against a basket of currencies, rose 0.04% to 99.85. The euro was down 0.02% at $1.1538.

The Japanese yen ⁠weakened 0.03% ​against the greenback to 159.31 per dollar, remaining off last week's high of 155.20 after ​several suspected rounds of intervention. Sterling weakened 0.01% to $1.3501.

In early European trades, the pan-region Euro Stoxx 50 futures were down 0.15% at 6,563, German DAX futures fell 0.12% at 26,444, and ​FTSE futures lost 0.25% to stand at 10,825.

U.S. stock futures, the S&P 500 e-minis , were up 0.03% at 7,750.

https://www.shafaq.com/en/Economy/Oil-gold-rise-as-geopolitical-risks-persist

BP Weighs New Oil Exploration Across Southwest Kirkuk

2026-08-12 Shafaq News- Kirkuk   British energy giant BP could extend oil and gas exploration into new areas of Kirkuk, including the Hawija district and the al-Riyadh and al-Rashad sub-districts, a member of the Iraqi parliament's Oil and Gas Committee, Mohammed Ali al-Nuaimi, told Shafaq News on Wednesday.

He set out those areas as promising untapped ground during talks with the General Manager of BP in Iraq, Zaid al-Yasiri. The two sides examined technical and investment plans to develop Kirkuk's oil and gas fields, raise production efficiency, and upgrade refineries.

BP maintains a long-standing partnership with Iraq's energy sector and operates under an agreement with the Iraqi government to develop and rehabilitate several Kirkuk fields, including the Kirkuk, Bai Hassan, Jambur, and Khabbaz fields, along with gas and power projects.

 Iraq activated that contract in October 2025, with initial output set at about 328,000 barrels per day, according to Iraq's Oil Ministry.

According to Oil Ministry spokesman Salim al-Rikabi, BP's work will include rehabilitating and developing Kirkuk oilfields, expanding Northern Gas Company facilities, constructing a 400-megawatt power station, absorbing local labor, implementing social welfare projects, and developing the technical capacity of the North Oil and Northern Gas companies.

The projects will also eliminate continuous gas flaring by utilizing produced gas as fuel for power stations, contributing to both economic and environmental benefits.

https://www.shafaq.com/en/Economy/BP-weighs-new-oil-exploration-across-southwest-Kirkuk

Totalenergies, CPP To Build Basra Gas Pipelines For Iraq

2026-08-12 Shafaq News- Basra   Iraq will start laying the pipeline network for a major gas-capture project in the Basra oilfields this month, the state-owned Company for Oil Projects (SCOP) said Wednesday, adding that it had completed technical and operational preparations to begin work at the Artawi field on a scheme designed to cut the gas routinely flared, or burned off, at southern oilfields.

The director of the company's South Projects Authority, Abdul Hakim Qadouri, said a joint meeting with TotalEnergies of France and China Petroleum Pipeline (CPP) of China, attended by representatives of Basra Gas Company, settled the final requirements for launching the work, including pipeline routes and supporting facilities.

The project involves laying pipelines of 10, 12, and 24 inches to carry sweet gas, which is low in sulfur, and building launching and receiving stations. It also includes a 20-inch line for sour gas, which is higher in sulfur and more corrosive, within the WQ2 block of the West Qurna 2 oilfield.

According to Qaddouri, behind the engineering is a persistent Iraqi problem: the country flares much of the gas produced alongside its crude for lack of infrastructure to capture it, then imports gas and fuel to run its power stations.

 The project falls under Oil Ministry efforts to make use of this associated gas and process the volumes coming off producing fields, reducing flaring and drawing more value from the resource.

The Artawi Gas Midstream Project (GMP) forms part of TotalEnergies' Gas Growth Integrated Project, a multi-billion-dollar program in Basra that also covers oilfield redevelopment, a seawater supply plant, and solar power, according to the French company.

The Company for Oil Projects said the pipeline work is scheduled to begin this August.

Read more: TotalEnergies pushes alternative Iraqi pipelines to west

https://www.shafaq.com/en/Economy/TotalEnergies-CPP-to-build-Basra-gas-pipelines-for-Iraq

Seeds of Wisdom RV and Economics Updates Wednesday Evening 8-12-26

Good Evening Dinar Recaps,

U.S.–Iran Conflict Update: Ceasefire Talks Stall as Strait of Hormuz Remains at the Center of the Crisis

August 12, 2026 — The latest developments suggest the U.S.–Iran conflict remains unresolved, with diplomacy stalled and control of the Strait of Hormuz continuing to drive the confrontation.

 Overview

• U.S.–Iran negotiations have stalled, with an Iranian official saying there are currently no talks to extend the interim ceasefire agreement.

• The Strait of Hormuz remains the critical flashpoint, with Iran maintaining that it will not fully reopen the waterway until the United States changes its policies and meets Tehran's demands.

• Washington is increasing economic pressure, while the continued disruption of shipping is keeping energy markets and global trade under pressure.

Key Developments

1. Ceasefire negotiations have stalled

Iran says there has been no progress toward reviving the interim peace arrangement negotiated earlier this year. The agreement was intended to stop military operations and create a 60-day period for negotiating a longer-term settlement addressing Iran's nuclear program and U.S. sanctions.

However, the arrangement deteriorated after both sides accused the other of violating its terms. President Trump subsequently declared the agreement over, while Iran suspended implementation.

2. Strait of Hormuz remains the major obstacle

The Strait of Hormuz has become the central bargaining point between Washington and Tehran.

Iran says the waterway will remain restricted until the United States ends sanctions, addresses what Tehran describes as war-related compensation, and changes its military posture. President Trump, meanwhile, has claimed that the United States has “total control” of the strait and has rejected Iranian demands for control or fees associated with international shipping.

The disagreement is particularly significant because Hormuz is one of the world's most important energy corridors. AP reports that roughly 20% of global oil supplies normally move through the waterway.

3. Washington shifts toward economic pressure

With diplomatic efforts struggling to produce a settlement, the Trump administration has turned increasingly toward sanctions and economic pressure.

AP reports that the administration has launched what it calls “Operation Economic Fury,” seeking to weaken Iran's financial ability to sustain the conflict and pressure Tehran into concessions on its nuclear program and the Strait of Hormuz.

4. Shipping and energy markets remain vulnerable

The unresolved confrontation continues to affect commercial shipping and energy markets.

The United States has also extended a 90-day Jones Act waiver, allowing foreign vessels to transport certain energy and agricultural commodities between U.S. ports. The move is intended to help maintain domestic supplies while the conflict continues to disrupt international shipping.

5. A diplomatic opening still exists — but the gap is wide

Despite the current impasse, diplomacy has not completely disappeared. Pakistan and other regional governments continue to push for renewed negotiations, while discussions surrounding a possible arrangement for the Strait of Hormuz remain possible.

The fundamental disagreement is that Washington wants unrestricted international shipping without granting Iran a formal role in controlling or charging for passage, while Tehran is seeking major U.S. concessions before agreeing to reopen the waterway.

Why It Matters

The U.S.–Iran confrontation has moved beyond a traditional military conflict and into a broader struggle involving energy, shipping, sanctions, international trade and financial pressure.

The longer Hormuz remains disrupted, the greater the potential consequences for oil prices, transportation costs, inflation and global supply chains. At the same time, continued military pressure increases the risk that another incident could derail diplomatic efforts entirely.

Why It Matters to Foreign Currency Holders

For foreign-currency holders watching the possibility of a broader global monetary and financial restructuring, the U.S.–Iran confrontation is important because it demonstrates how quickly geopolitical conflict can affect energy flows, trade routes, currency stability and international payment relationships.

However, the current developments do not provide evidence of a specific currency revaluation or RV event. The more concrete financial signals to watch are changes in reserve assets, central-bank policies, sanctions infrastructure, international payment systems and settlement arrangements.

Implications for the Global Reset

• Pillar 1 — Energy

Continued disruption around Hormuz reinforces the strategic importance of energy security and alternative supply routes.

• Pillar 2 — Trade & Assets 

Prolonged geopolitical fragmentation encourages countries to diversify trade relationships, reserves and payment mechanisms.

Bottom Line

The U.S.–Iran situation remains unresolved rather than settled. The immediate diplomatic problem is the lack of progress toward reviving the ceasefire framework, while the Strait of Hormuz remains the biggest bargaining chip and economic pressure point.

For now, the most important developments to watch are whether negotiations restart, whether Hormuz shipping can be restored, whether Washington expands sanctions, and whether either side makes a meaningful concession.

The next major move may not come from the battlefield—it may come from the Strait of Hormuz, global energy markets and the financial pressure building between Washington and Tehran. 

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

• Reuters — “Iran says no progress on reviving interim peace deal with US”

• Associated Press — Trump pivots back to sanctions for Iran as other strategies to end his war fizzle

~~~~~~~~~~

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Thank you Dinar Recaps

Rob Cunningham: A Commission-wide Digital-Asset Safe Harbor

Rob Cunningham: A Commission-wide Digital-Asset Safe Harbor

8-11-2026

The SEC’s Nuclear Option: A Commission-wide Digital-Asset Safe Harbor on August 14, 2026?

Section 36 of the Securities Exchange Act gives the SEC remarkably broad exemptive authority.

The SEC itself describes it this way:

“…the Commission may, by rule, regulation, or order, conditionally or unconditionally exempt persons, transactions, securities – or entire classes of them – from provisions of the Exchange Act or its rules, provided the exemption is in the public interest and consistent with investor protection.”

Imagine the Commission voting August 14 for a sweeping Digital Asset Market Transition / Innovation Exemption establishing something like:

Until Congress completes comprehensive market-structure legislation, qualifying decentralized digital assets and qualifying transactions involving them may operate under a defined federal safe harbor and tailored securities-market framework, rather than being forced through securities rules designed for conventional issuers and intermediaries.

That would not literally enact the CLARITY Act. The SEC cannot legislate the CFTC into possessing powers Congress has not granted it, rewrite statutes, or enact CLARITY by administrative vote.

But within the SEC’s own statutory jurisdiction, it could potentially accomplish something economically similar in important areas.

And there is precedent for thinking in exactly this direction. The SEC has already been actively exercising Section 36 authority in 2026, including conditional exemptions from Exchange Act requirements.

Now take that concept to its theoretical maximum.

The Commission could combine several actions into one enormous regulatory package:

1 Define the securities boundary much more sharply.

2 Establish that numerous crypto assets are not themselves securities merely because they previously were sold in an investment-contract transaction. The SEC has already issued a March 2026 Commission interpretation specifically addressing how federal securities laws apply to different types of crypto assets and crypto transactions.

3 Create a broad Section 36 transitional exemption.
Exchanges, broker-dealers, ATSs, custodians and other regulated entities could receive conditional relief allowing them to interact with qualifying digital assets and blockchain infrastructure without every legacy securities-market requirement mechanically applying.

4 Open regulated securities markets to on-chain infrastructure.
The really radical version would permit qualifying broker-dealers, exchanges, clearing organizations and other intermediaries to integrate tokenized securities, blockchain settlement and digital assets under specified conditions.

5 Create an innovation exemption for tokenization.
Instead of requiring every novel DLT architecture to wait years for bespoke regulatory accommodation, establish a principles-based pathway: meet custody, disclosure, anti-fraud, capital, cybersecurity and investor-protection conditions and enter the regulated marketplace now.

6 Resolve the secondary-market problem.
The Commission could make unmistakably clear that secondary transactions in qualifying non-security crypto assets don’t somehow become securities transactions merely because an asset once figured in somebody else’s securities offering.

7 Normalize regulated custody and collateral treatment.
A coordinated package could remove major SEC-created obstacles to broker-dealer custody, tokenized collateral, digital-asset securities and institutional participation.

Source(s):
• https://x.com/KuwlShow/status/2087238412801638882

https://dinarchronicles.com/2026/08/12/rob-cunningham-a-commission-wide-digital-asset-safe-harbor/

Japan Just Forced the US into an Impossible Choice

Japan Just Forced the US into an Impossible Choice

Taylor Kenny:  8-11-2026

Japan’s currency crisis may be exposing a much bigger problem for the U.S. The largest foreign holder of U.S. Treasuries—faces mounting pressure at the same time America is approaching $40 trillion in debt. So what happens if Japan needs cash and starts selling Treasuries?

The global financial system is currently experiencing subtle yet profound shifts that could redefine wealth preservation for years to come.

Recent movements in foreign exchange markets—specifically an unprecedented intervention by the United States to support the Japanese yen—have signaled deeper structural vulnerabilities within the international monetary framework. What initially appeared to be a routine diplomatic or financial courtesy is, upon closer inspection, a strategic move driven by mutual economic survival.

Understanding these macroeconomic developments requires looking beyond daily headlines to examine the interconnected mechanisms of sovereign debt, foreign reserves, and global currency stability.

In a rare move not seen on this scale in over three decades, monetary authorities in the United States recently intervened in currency markets to help stabilize the Japanese yen. By liquidating a portion of its euro reserves, the U.S. actively supported Japan’s currency, which has been under severe downward pressure due to widening interest rate differentials.

This intervention was not merely an act of international goodwill. Japan is currently the largest foreign holder of U.S. sovereign debt. However, with a domestic debt load roughly double the size of its economy, Japan faces immense pressure to defend its currency. Without external support, Japan would likely be forced to liquidate significant holdings of U.S. Treasuries to raise the capital necessary to back the yen.

The prospect of Japan selling off massive tranches of U.S. government debt presents a serious challenge for Washington. The U.S. bond market relies heavily on consistent demand from foreign central banks to absorb its ongoing debt issuance. If major buyers like Japan pause their purchases—or actively flood the secondary market with existing Treasuries—it creates a supply-and-demand imbalance.

When demand for sovereign debt falls, bond yields (and consequently, interest rates) must rise to attract new buyers. Higher interest rates increase borrowing costs across the entire economy, from mortgage rates to corporate debt, while simultaneously making it far more expensive for the U.S. government to service its own national debt, which is fast approaching the $40 trillion threshold.

To prevent rates from spiking uncontrolled, the Federal Reserve could ultimately be forced to intervene as the buyer of last resort, expanding its balance sheet and potentially accelerating inflationary pressures.

For decades, the U.S. dollar has enjoyed the distinct advantage of being the world’s primary reserve currency. This global demand for dollars has effectively exported domestic inflation, allowing the U.S. to carry high levels of public debt without immediate, runaway price increases at home.

However, as global trade patterns evolve and geopolitical dynamics shift, trust in the long-term stability of fiat-based debt systems is being tested. Central banks around the world are increasingly scrutinizing the risks associated with holding large reserves of foreign sovereign debt. When national debts balloon without a clear path toward fiscal balance, global confidence in the purchasing power of paper currencies naturally wanes.

As international confidence in traditional fiat models faces headwinds, central banks and institutional investors are quietly reallocating capital. Rather than relying solely on paper assets and sovereign debt, there is a growing pivot toward tangible, non-counterparty assets—most notably physical gold.

Physical precious metals have historically served as a foundational hedge during periods of monetary transition and currency debasement. Unlike sovereign bonds, physical gold carries no credit risk and cannot be diluted through monetary expansion. The systemic shifts currently taking place highlight the importance of risk management and portfolio diversification outside of purely dollar-denominated financial instruments.

The recent currency interventions and bond market tensions serve as an early warning signal of broader structural adjustments within global finance. As debt levels rise and traditional currency relationships face stress, proactive financial planning becomes essential for safeguarding capital. Diversifying into physical assets and reducing over-reliance on a single currency system remain prudent strategies for navigating an uncertain economic landscape.

CHAPTERS:

00:00 Japan Just Forced the U.S. Into an Impossible Choice

00:55 Japan Is the Largest Foreign Holder of U.S. Debt

01:55 Why the Dollar’s Reserve Status Matters

02:24 The Debt Doom Loop Is Accelerating

03:52 What Happens If Japan Starts Selling U.S. Treasuries?

04:50 Why the U.S. Currency Intervention Was So Unusual

05:49 The Bigger Threat: Other Countries Could Follow

07:17 The U.S. Is Running Out of Good Options

08:42 Why Physical Gold and Silver Matter

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

Bruce’s Big Call Dinar Intel Tuesday Night 8-11-26

Bruce’s Big Call Dinar Intel Tuesday Night 8-11-26 

Transcribed By WiserNow Emailed To Recaps   (INTEL ONLY)

Welcome everybody to the big call tonight. It is Tuesday, August 11, and you're listening to the big call. Welcome everybody from wherever you're listening, So let's do this. All right. Thank you, Bob. Appreciate that. Thank you, Sue.

And let's talk about where we are now in the world of Intel. It's a little bit quiet out there right now, but I'll tell you from the various perspectives of where we believe we are on our timeline.

I like to try to give you an idea of where we are and how far we are away from what we're looking for, which is the revelation of this blessing, the manifestation of it.

And I'll tell you that I'll tell you that we have some pretty good information so far today. Now, the The redemption center leaders that went in yesterday and today, which is Tuesday, they did not see rates on their screens at the redemption centers.

 So we still don't have rates. At least they're not showing up.

When when one of our leaders went into the redemption center, he thought, "Well, I'm going to put in my new information, which was new username, ID, password.  He got had to use a biometric fingerprint and a retinal scan. Got in the system and found that nope, he's right. There are no rates up.

Let's see what happens tomorrow. Tomorrow's Wednesday. Maybe those things show up tomorrow.

And both. Well, let me put this way. Redemption Center leaders are looking to receive emails from the Wells Fargo management that is supposed to tell them what to expect, what the timeline is, adjust their schedules, all of that. Those emails are still not in yet. One was expecting one by noon today. Didn't happen.

Now it might be by noon tomorrow. That just means he's going to receive information that he can assimilate and see where we stand.

All right. Then we heard from a let's see two three different sources in Canada that were able to do early exchanges at I would call them super low or sucker rate values for the dinar, but they were able to get some exchanges done with a few notes, and get a little bit of walking around money, and they accomplished what they wanted to do by being able to get in and have those exchanges done at one particular bank.

Now, all of these three were bank customers of that bank in two different parts of the country, of Canada, not here in the states, but in Canada.

The only reason I bring that up is, you know, we've heard of early exchanges or practice exchanges or whatever that have happened in this country in the past, but it had to be between certain hours, and then boom, it was off. Just a little bit of liquidity for the banks and for these customers.

Well, I think that was sort of the thing that happened yesterday and today. Now, the other piece that was interesting about so-called early exchanges is we have heard and confirmed through our banking source in Canada that early exchanges had been taking place in India. Indonesia and Pakistan and one other country, which was not yet named, so that shows us they're getting some things done in other parts of the world that could be very similar to what happened in Canada today and yesterday, with so-called early exchanges, the good news is perhaps this is the way to look at this. Is maybe this is the first fruits of the blessing that we are about to receive.

 Nothing's happening here yet. We don't have 800 numbers yet. We don't have exchanges starting in this country yet. We don't have redemption centers with rates on the screens yet.

But what we're hearing from a military source is, in  terms of what he's getting and transferring to us, is he believes Thursday, Friday, for us. Today's Tuesday. That would be Thursday for notifications.

Possibly Friday for notifications, but either Thursday, Friday for notifications, and Friday, Saturday for the start of exchanges this week.

Now, that's what one military source has told us is a reliable source, but we haven't gotten anything else yet to confirm or deny that possibility of later this week. So, that is the long and short of the intel that we've received.

 It's not a whole lot, but you know as well as I do, as we get closer and closer, it gets quieter and quieter out there because people are under new NDAs.

They're essentially told not to talk to anybody outside of the bank, you know that kind of thing. So we have to take what we can get and be happy with what we get.

Otherwise, many of you have heard what I said last Thursday about Peter, who does his his podcasts on YouTube, and I've been watching more of those, and it's just interesting for me to see how different parts of the country are being handled, and how how vastly different certain areas of the country are, even regarding the inner city, even regarding certain areas like Kensington as part of Philadelphia, as being just really, really in need of some help, especially due to drug use, and for some stupid reason, certain governments believe that giving free needles will help not to spread AIDS.

All right, fine. Maybe that's the case, but it's also enabling drug users to use more drugs, and it's just what's on what I saw today in Kensington. It was just really terribly sad, and thank God that there's a ministry called the Rock there in that town that's helping and making a difference in people's lives. The people that are on the street, and it's a great ministry.

 I'm very happy to to hear what they're doing there, and they're helping people and providing rooms and providing meals and clothing and all of that stuff that most Christian ministries would like to do.

 But these guys are right there in the hood, doing it for the people. So I would think that's a great ministry that we can help in Kensington area of Philadelphia.

Then you go down to Good Hope, Alabama, on Mobile Bay, and you see a totally different way of life. Completely different. Yes, it's deep south. Is it Alabama, Alabama? Not really. It's not like most of the rest of Alabama.

But I'm just really impressed with the fact that Good Hope is. It's been one of the top 10 places to retire for years in this country, and I'd never really seen it or been there.

I've been to Mobile, but this is part of it's on Mobile Bay, but I've never been to Good Hope, and I thought it was really wonderful how it was portrayed, and it's just it just goes.

Show how vastly different this country is all over. Small towns is where I think Rebuild America is going to focus most of our energy.

Some inner city, yes, but it's about revitalization and rebuilding small towns, housing, taking buildings that have been abandoned, and taking it and changing that, making that into affordable housing, creating industry and jobs back in small town America, small businesses.

There's quite a bit, and I hope some of you guys are following Peter. I can't think of his last name right now. Santinello, thank you, Lord Santonello, Peter Santinello on YouTube.

Amazing, amazing to me is how many people are following him. That he goes to a town, and next thing you know, they're saying, "Hey, I follow you. I see you on YouTube. Blah blah blah.

You're the guy, and it's kind of like meeting a celebrity. And so he's doing has done a really good job, and continues to do that.

And I think what I enjoy is getting a look at some of these towns that maybe I've never been to, maybe I know a little bit about them already, but it's good to get a viewpoint on that.

So check that out and look. This is where we are in the meantime, waiting for this to come in. Maybe Thursday, Friday is our start. It could be. We don't have a whole lot to back that at this point.

But the fact that we've got early exchanges going on in Canada and in other countries, it's a good, it's a good outlier, really, that we are very, very close. That's how I have to interpret it.

So let's hope that we are on the track that we think we are, and let's hope that everything is about to come to fruition, okay? Because at this point, guys, we believe everything is still good for this week, but we're just going to have to wait it out and see if that's what happens.

So, recall universe. Thank you all for hanging in there, and thank you for your participation, future participation with Rebuild America, Rebuild International, and Veterans Retreat Network and Pastoral Retreat Network as well. And as far as Venezuela, Colombia, Venezuela and Caracas area of Venezuela under the that those two earthquakes, and then now Colombia at 7.4 magnitude.

Well, everybody, have a wonderful night tonight, and we'll look forward to talking with you on on Thursday. All right, everybody, let's go ahead and turn off the recording.

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Seeds of Wisdom RV and Economics Updates Wednesday Afternoon 8-12-26

Good Afternoon Dinar Recaps,

Cooling Inflation, Rising Debt Costs: The Fed Faces a New Policy Dilemma

U.S. inflation is easing toward the Federal Reserve’s target while record government interest costs increasingly complicate the path for monetary and fiscal policy.

OVERVIEW

• U.S. inflation is cooling: July CPI eased to 3.4%, while core CPI fell to 2.5%, strengthening the case for the Federal Reserve to avoid additional tightening.

• The debt burden is moving in the opposite direction: Interest payments on U.S. public debt have reached approximately $1.37 trillion over the past year, creating increasing pressure on the federal budget.

• The emerging dilemma is becoming more important: Lower inflation could give the Fed room to hold or eventually reduce rates, but high borrowing costs and record debt-service expenses make the cost of maintaining restrictive rates increasingly significant.

KEY DEVELOPMENTS

1. July Inflation Shows Further Cooling

The latest CPI data provide evidence that underlying inflation pressures are moderating. Headline CPI rose 3.4% year-over-year, down from 3.5% in June, while the monthly increase was just 0.1%.

Core CPI, which excludes food and energy, declined to 2.5%, its lowest level since February 2026. That remains above the Fed’s 2% target, but the direction is favorable for policymakers.

2. The Fed May Have More Room to Hold Rates Steady

The softer inflation reading has reduced expectations for another immediate rate increase. Market expectations are increasingly shifting toward the possibility that the Federal Reserve holds rates steady rather than tightening further.

If additional inflation reports confirm the trend, policymakers could eventually have greater flexibility to consider lower rates. However, the Fed must balance that possibility against the risk that inflation could remain above target.

3. U.S. Debt-Interest Costs Hit Another Record

While inflation is moving lower, the government's cost of servicing its debt is moving higher.

U.S. public-debt interest expenses have reached approximately $1.37 trillion over the past year, with interest payments reportedly increasing 10.5% year-over-year.

The average interest rate on marketable U.S. debt was approximately 3.411% as of June 2026, illustrating why even modest changes in borrowing costs can have enormous fiscal consequences.

4. Debt Service Could Become a Larger Budget Constraint

If current trends continue, annual federal interest expenses could eventually surpass Social Security as the largest individual component of federal spending.

That does not mean such an outcome is inevitable, but it highlights the structural problem: as older, lower-rate Treasury debt matures and is refinanced at higher rates, the government's interest burden can continue rising even without a dramatic increase in total debt.

5. Markets Must Reconcile Two Opposing Signals

The financial system is therefore receiving two very different signals.

Inflation is providing the Fed with greater policy flexibility, while the enormous stock of outstanding government debt makes higher interest rates increasingly expensive for the Treasury.

That tension could become increasingly important as investors assess the future direction of Treasury yields, federal borrowing, monetary policy and the dollar.

WHY IT MATTERS

The significance extends beyond the latest CPI report.

For the economy, cooling inflation improves household purchasing power and reduces pressure on businesses and consumers. But elevated government interest costs divert increasing amounts of federal revenue toward servicing existing obligations rather than funding other priorities.

For financial markets, the combination creates a difficult pricing environment. Investors must determine whether declining inflation will eventually produce lower interest rates or whether the scale of government borrowing will keep pressure on Treasury yields.

For Federal Reserve policy, the situation is particularly complicated. The Fed wants inflation to return sustainably to 2%, but maintaining restrictive rates for too long also increases the government's financing costs and can tighten financial conditions across the economy.

For the global financial system, the issue is even larger because U.S. Treasury securities remain a core component of global reserves, collateral markets and international investment portfolios.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

• Dollar value: Changes in U.S. interest-rate expectations can influence global demand for dollars and affect exchange rates.

• Purchasing power: Lower inflation could support U.S. purchasing power, while continued fiscal deficits and rising debt-service costs create longer-term concerns about monetary and fiscal stability.

• Capital flows: Investors may continue moving capital toward U.S. assets if Treasury yields remain attractive, but persistent fiscal pressures could eventually influence how global investors allocate reserves.

• Exchange rates: A shift from expectations of higher U.S. rates toward eventual rate reductions could change relative currency valuations and alter capital flows between the dollar and other major currencies.

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Debt

The clearest structural signal is the growing cost of servicing U.S. government debt. $1.37 trillion in annual interest expense demonstrates how the level of outstanding debt interacts with interest rates to create a rapidly expanding fiscal obligation.

This is important to the broader financial system because the U.S. Treasury market serves as a foundation for global borrowing, collateral and reserve management. Rising debt-service costs therefore represent more than a domestic budget issue.

• Pillar 2: Assets

The relationship between inflation, interest rates and Treasury yields directly affects the valuation of bonds, equities, currencies, gold and other major assets.

If inflation continues falling, markets may increasingly anticipate lower rates, potentially supporting bonds and rate-sensitive assets. But if investors become more concerned about the sustainability of U.S. borrowing, Treasury yields could remain elevated even as inflation declines.

That tension is an important structural signal for global asset allocation.

CONCLUSION

The latest economic data present a striking contrast: inflation is moving in the direction the Federal Reserve wants, while the cost of America's debt is moving in the opposite direction.

That creates a growing policy dilemma. Lower inflation gives the Fed greater flexibility, but the enormous size of the federal debt means that prolonged high interest rates carry increasingly significant fiscal consequences.

The important question is no longer simply whether inflation is falling. Markets must also determine how the United States manages its debt burden while maintaining confidence in the Treasury market and the dollar.

The financial system is entering a period where the cost of money and the cost of debt can no longer be viewed separately.

Seeds of Wisdom Team
Newshounds News™ Exclusive

SOURCES

• Crypto Briefing — "US Inflation Falls to 3.4% in July 2026"

• Crypto Briefing — "US Public Debt Interest Hits Record $1.37T"

~~~~~~~~~~

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Thank you Dinar Recaps

Ariel: The Crash of Fiat and the Iraqi Dinar RV

Ariel:  The Crash of Fiat and the Iraqi Dinar RV

8-11-2026

The Crash Of Fiat: Locking Up Liquidity & Transferring The Wealth Of The Ages (End Of C***l)

We Are Going To Dive Right Into It Folks

Iraqi Dinar RV & The $80 Oil Peg:

Iraq is the keystone. Deleting the three zeros was said to require the Clarity Act to codify the asset-backed status into US law, preventing the Cabal from legally challenging the revaluation through their once captured SEC and judiciary. But we know that not the case.

As I explained in my X account. $80 oil ensures Iraq’s state revenue balances against the newly revalued dinar, allowing them to float a hard asset currency without hyperinflating their domestic economy.

The RV cuts the Iranian Rial off from its primary black-market dollar exchange (the Dinar), starving the Deepstate’s proxy funding. Remember, the Cabal wanted this at 200 a barrel.

So now you all know that we are about to get Crypto/Digital Rules from The SEC. Before congress comes back I presume.

THE FLIP: XRP, GOLD, & THE EXTENT OF THE CRASH:

The extent of the crash is Total Systemic Illiquidity. The fiat system does not correct; it freezes. SWIFT goes dark. CBDCs backed by nothing fail. The Cabal’s banks JPM, Citi, BofA find their ledgers empty because the underlying assets (mortgages, derivatives) are recognized as null and void under the new legal framework (Clarity Act + EOs).

The XRP Mechanism: XRP is not a cryptocurrency; it is the bridge liquidity vehicle for the ISO 20022 standard. When the switch flips, XRP is pegged to a physical gold reserve (likely the hoard audited and repatriated under military oversight).

The price is set algorithmically to absorb the total volume of global cross-border trade. The math requires a high price thousands per token to function as the institutional bridge without liquidity friction.

The Intended Sequence Of Events:

1. Crash: SWIFT failure, market closure, Cabal banks locked out of Fed window.

2. Isolate: Cabal capital trapped in old ledger, inaccessible, rendered valueless.

3. Flip: New ledger (XRP/XLM) goes live. Gold peg established.

4. RV: Dinar revalues simultaneously, syncing to the new asset-backed standard.

Read Full Article:
https://www.patreon.com/Prolotario1/posts/crash-of-fiat-up-166415050

https://dinarchronicles.com/2026/08/11/prolotario-the-crash-of-fiat-and-the-iraqi-dinar-rv/