
The US has to Borrow Just to Pay the Interest on its Debt
The US has to Borrow Just to Pay the Interest on its Debt
Gregory Mannarino: 3-14-2025
Headlines screaming “ITS OVER” are certainly attention-grabbing, but the situation surrounding US debt is far more nuanced than a simple doomsday declaration.
The claim that the US needs to borrow just to pay the interest on its debt is a significant one, and while not entirely accurate yet, it highlights a worrying trend. Let’s break down the reality, the risks, and what it might mean for the future.
The US has to Borrow Just to Pay the Interest on its Debt
Gregory Mannarino: 3-14-2025
Headlines screaming “ITS OVER” are certainly attention-grabbing, but the situation surrounding US debt is far more nuanced than a simple doomsday declaration.
The claim that the US needs to borrow just to pay the interest on its debt is a significant one, and while not entirely accurate yet, it highlights a worrying trend. Let’s break down the reality, the risks, and what it might mean for the future.
The statement hinges on the fact that the US national debt is substantial and growing. As of late 2023, it sits well above $30 trillion. With interest rates rising, the cost of servicing that debt has also increased dramatically. This year, the US is projected to spend hundreds of billions of dollars on interest payments alone.
The concern is that these interest payments are becoming so large that they contribute significantly to the overall deficit. This deficit, in turn, necessitates further borrowing, creating a potential “debt spiral” where borrowing is required simply to cover the interest on existing debt.
The US is not currently solely borrowing to pay interest. The deficit is driven by a complex interplay of factors, including government spending programs, tax policies, and economic conditions. However, the increasing burden of interest payments is undoubtedly exacerbating the situation.
However, these factors are becoming increasingly challenged. Economic growth is slowing, and political gridlock often hinders meaningful fiscal reforms. The consequence? The rising interest payments are indeed becoming a larger and larger portion of the deficit, inching closer to the terrifying scenario painted by the headline.
While the US isn’t solely borrowing to pay interest yet, the escalating burden of debt servicing is a serious concern. The path forward requires a commitment to fiscal responsibility, sustainable economic growth, and effective monetary policy.
Ignoring the warning signs and failing to address the issue could lead to dire consequences for the US economy and its global standing. It’s not necessarily “over,” but the future depends on decisive action taken now. Ignoring the problem is not an option.
Watch the video below from Gregory Mannarino for further insights and information.
Seeds of Wisdom RV and Economic Updates Saturday Afternoon 3-15-25
Good afternoon Dinar Recaps,
2,300,000 CREDIT AND DEBIT CARDS LEAKED ON DARK WEB AS HACKERS INFECT MILLIONS OF DEVICES, DRAIN BANK ACCOUNTS: REPORT
Millions of debit and credit cards have been leaked on the dark web amid an explosion in the number of devices infected by data-stealing malware, according to cybersecurity and anti-virus firm Kaspersky.
Kaspersky says that from 2023 to 2024, at least 2.3 million bank cards were exposed via infostealer malware and posted on the dark web.
Good afternoon Dinar Recaps,
2,300,000 CREDIT AND DEBIT CARDS LEAKED ON DARK WEB AS HACKERS INFECT MILLIONS OF DEVICES, DRAIN BANK ACCOUNTS: REPORT
Millions of debit and credit cards have been leaked on the dark web amid an explosion in the number of devices infected by data-stealing malware, according to cybersecurity and anti-virus firm Kaspersky.
Kaspersky says that from 2023 to 2024, at least 2.3 million bank cards were exposed via infostealer malware and posted on the dark web.
Over the same period, infostealer malware infected 26 million devices running Windows. The cybersecurity firm says bank card information is stolen in every 14th infection by this type of malware.
According to Kaspersky expert Sergey Shcherbel, the actual number of devices infected by infostealers is most likely higher.
“Cybercriminals often leak stolen data in the form of log files months or even years after the initial infection, and compromised credentials and other information continue to surface on the dark web over time. Therefore, the more time passes, the more infections from previous years we observe.”
The cybersecurity firm says the infostealer malware known as Redline was the most prevalent of the data-thieving malware, accounting for 34% of the total infections in 2024. Risepro, which primarily focuses on stealing banking card details and passwords, is another fast-spreading infostealer.
“The most significant surge in 2024 was in infections caused by Risepro, whose share of total infections increased from 1.4% in 2023 to almost 23% in 2024.”
According to Kaspersky, the Risepro infostealer, which is also targeting cryptocurrency wallet data, is spreading through software cracks, game mods and key generators.
Kaspersky advises individuals and organizations monitor bank notifications, enable two-factor authentication and run full security scans on all devices to remain vigilant against these types of malware threats.
@ Newshounds News™
Source: DailyHodl
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BRICS LOOK TO BLOCKCHAIN FOR ALLIANCE PAYMENT SYSTEM
Amid the alliance’s efforts to move away from the US dollar-dominated financial system, the BRICS bloc is reportedly eyeing blockchain as the basis for its developing payment system. Indeed, the collective is introducing a new proposal to push its efforts for economic autonomy forward.
The BRICS bloc has been engaged in a faceoff with the US since the return of President Donald Trump to the White House. Specifically, he has threatened 150% tariffs on the alliance amid its de-dollarization efforts. In response, the bloc has fractured, with some continuing to pursue movement away from the greenback.
BRICS New Proposal Eyes a Blockchain-Based Payment System
Throughout the last year, the BRICS bloc has targeted its own independence from the US dollar. The currency has continued to be weaponized, with the Biden administration instituting sanctions and Trump now introducing tariffs. Indeed, the collective has gone as far as to challenge the influence of the Petrodollar.
Those efforts have only taken a step forward this week with the 2025 summit nearing. Indeed, the BRICS bloc is eyeing blockchain technology for an alliance payment system that will further challenge the greenback, according to a new proposal.
cording to a new report, BRICS 2025 chairmanship holder, Brazil, has introduced the new initiative. It would seek to streamline cross-border transactions and lower costs to increase efficiency for local currency settlement. Although the bloc has assured it will not challenge the US dollar’s dominance, it would encourage and promote local currencies.
It will now be up to Trump and the US to identify the difference. Throughout his first two months back in office, he has not shown that kind of discernment when it comes to the greenback. Specifically, his campaign trail activities that signaled the US dollar’s status as a global reserve asset remained one of his most important focuses.
@ Newshounds News™
Source: Watcher Guru
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Insiders Claim Trump will Reset Economy July 4th 2026 to a New Gold Back Currency w/ Andy Schectman
Insiders Claim Trump will Reset Economy July 4th 2026 to a New Gold Back Currency w/ Andy Schectman
Sarah Westall Mar 14, 2025
In this interview with Andy Schectman, Andy drops a bombshell stating that Judy Shelton, Trump’s former pick for the Federal Reserve, told him directly that Trump will pull the trigger on the economic reset July 4th 2026 with a gold backed currency.
That’s a pretty big deal coming from Shelton. We know the economy is ready for a reset soon, what ultimately occurs is still up in the air, but this was big news to me.
Insiders Claim Trump will Reset Economy July 4th 2026 to a New Gold Back Currency w/ Andy Schectman
Sarah Westall Mar 14, 2025
In this interview with Andy Schectman, Andy drops a bombshell stating that Judy Shelton, Trump’s former pick for the Federal Reserve, told him directly that Trump will pull the trigger on the economic reset July 4th 2026 with a gold backed currency.
That’s a pretty big deal coming from Shelton. We know the economy is ready for a reset soon, what ultimately occurs is still up in the air, but this was big news to me.
Details of the interview:
Andy Schectman rejoins the program to discuss the volatile market and the massive gold moving off the COMEX. An unprecedented situation which has never been seen in our life time. He also shares what he has heard from insiders that Trump plans on flipping the switch on the new US economy July 4th, 2026.
https://sarahwestall.substack.com/p/insiders-claim-trump-will-reset-economy
To listen to video click here: https://sarahwestall.com/insiders-claim-trump-will-reset-economy-july-4th-2026-to-a-new-gold-back-currency-w-andy-schectman/
News, Rumors and Opinions Saturday 3-15-2025
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 15 March 2025
Compiled Sat. 15 March 2025 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
Thurs. 13 March 2025 Bruce: As of Wed. 12 March at 4 pm Bond Holders were flying into Reno and Miami to get their accounts. They were funding Bond Holders Tues. through Saturday of this week. Tier4b (us, the Internet Group) should get notified by Saturday 15 March.
Redemption Centers will be doing exchanges beginnin
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 15 March 2025
Compiled Sat. 15 March 2025 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
Thurs. 13 March 2025 Bruce: As of Wed. 12 March at 4 pm Bond Holders were flying into Reno and Miami to get their accounts. They were funding Bond Holders Tues. through Saturday of this week. Tier4b (us, the Internet Group) should get notified by Saturday 15 March.
Redemption Centers will be doing exchanges beginning Sat. 15 March. Redemption Centers will be exchanging for 14 days (some areas longer depending on the population).
Tues. 11 March 2025 Wolverine: “Big Bond Holders are flying to the US right now. We have big news that this is the week we have been waiting for. There is good news from Iraq that it’s going to get released. We’re hearing good news from lots of platforms.”
Fri. 14 March 2025: CONFIRMED! Trump Unleashes Full GESARA Protocols – IRS Abolished, Taxes Wiped Out for Millions, Gold-Backed QFS Activated, Global Economic Reset Now Underway! – Gazetteller
Fri. 14 March 2025: BREAKING NEWS: GOLD & SILVER PRICES ARE EXPLODING – HERE’S WHY IT CHANGES EVERYTHING! – amg-news.com – American Media Group
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Taxes:
Fri. 14 March 2025 Secretary of Treasury Scott Bessent: President Trump is (allegedly) putting a 90 day tax collection freeze on the IRS and firing 45,000 agents.
Corporate Taxes in the United States: “Corporate taxes in the United States began in 1894 when the first federal corporate income tax was introduced. However, this tax was challenged in court and found to be unconstitutional, leading to its repeal within one year. The corporate tax was reintroduced in 1913 with a much lower rate of 1%.” The Federal Reserve, didn’t just shove the income tax down the throats of Americans, it also shoved the corporate tax down the throats of American businesses too. Trump is taking us back to the constitution where the people have all the power again.” …Red Wave Rising on Telegram
Read full post here: https://dinarchronicles.com/2025/03/15/restored-republic-via-a-gcr-update-as-of-march-15-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Sandy Ingram As Iraq becomes a regional trade hub more countries and businesses will need IQD pushing its value upward. For those who are skeptical, the economic fundamentals behind [the development road] project make it clear the IQD is on the path to appreciation.
Frank26 What's the reason why we don't have the new exchange rate for the new currency Iraq to give purchasing power to the Iraqi citizens? What's the reason why? Why don't we have it? Is it because the weather is too hot? Is it because we have an alignment of stars? Is it because the leadership in Iraq, Sudani, he's just a bad man? What is the reason why we don't have the monetary reform with a respectable exchange rate that the world wants? Iran...security. Do we have security with Iran? No...[but] the security and stability of the Middle East is spreading.
Zombie Debt Will Drive The Whole Economy Under | Alasdair Macleod
Liberty and Finance: 3-14-2025
Alasdair Macleod reveals shocking truths about the state of global finance, warning that central banks are on the verge of collapse and the massive credit bubble is about to burst.
He argues that despite the belief that central banks can print unlimited money, their mounting debt and negative equity are pushing them to the brink.
Drawing eerie parallels to the 1929 Great Depression, Macleod explains how protectionism, rising tariffs, and a weakening economy are creating a perfect storm.
With foreign investors already pulling away from U.S. debt, he predicts a massive sell-off that could trigger an avalanche of financial chaos.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Central banks are going bust
13:10 Financial destruction is inevitable
18:55 BRICS
28:30 Banking system risk
40:00 Reducing risk
Seeds of Wisdom RV and Economic Updates Saturday Morning 3-15-25
Good Morning Dinar Recaps,
US CONGRESSMAN TO INTRODUCE NEW CRYPTO BILL PROTECTING TRUMP’S STRATEGIC BITCOIN RESERVE
Recent reports revealed that another member of the US House of Representatives will introduce a new bill on March 14 to codify US President Donald Trump’s executive order for a Strategic Bitcoin Reserve (SBR). This move follows recent efforts by several US lawmakers to formalize and protect Trump’s crypto plan.
New Bill Proposes US Bitcoin Reserve’s Protection
Good Morning Dinar Recaps,
US CONGRESSMAN TO INTRODUCE NEW CRYPTO BILL PROTECTING TRUMP’S STRATEGIC BITCOIN RESERVE
Recent reports revealed that another member of the US House of Representatives will introduce a new bill on March 14 to codify US President Donald Trump’s executive order for a Strategic Bitcoin Reserve (SBR). This move follows recent efforts by several US lawmakers to formalize and protect Trump’s crypto plan.
New Bill Proposes US Bitcoin Reserve’s Protection
On Friday, Bloomberg reported that US Representative Byron Donalds will introduce a bill to codify President Trump’s executive order to establish a national Bitcoin (BTC) reserve. The proposed legislation reportedly seeks to formalize Trump’s plan and protect the strategic reserve from potential industry-adverse administrations in the future.
According to the report, the bill “would ensure that the reserve and stockpile could not be eliminated by executive action from a future president.” The US President signed an executive order on March 6 to create a strategic BTC reserve and a “Digital Asset Stockpile” within the US Department of the Treasury.
The order indicates that these initiatives would be funded by crypto seized from government criminal and civil forfeiture proceedings, including the US’ 200,000 BTC holdings and other digital assets already owned by the Treasury Department.
In a statement to Bloomberg, Donalds affirmed that the “Democrats waged a war” on the crypto industry and it “is the time for Congressional Republicans to decisively end.” The legislation requires at least 60 votes in the US Senate and a House majority to pass.
The US Representative’s move is the latest in the recent efforts from various US lawmakers to give Bitcoin recognition as a strategic asset at the state and national levels under the new crypto-friendly administration, including Senator Cynthia Lummis’s actions to codify President Trump’s recent executive order.
On Tuesday, US Senator Lummis reintroduced her reserve bill, initially introduced last July, in the Senate to implement a BTC purchase program. As reported by Bitcoinist, the bill is co-sponsored by Republican Senators Jim Justice, Marsha Blackburn, Bernie Moreno, Roger Marshall, and Tommy Tuberville.
The Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act, or Bill S954, aims to “ensure the transparent management of Bitcoin holdings of the Federal Government, to offset costs utilizing certain resources of the Federal Reserve System, and for other purposes.”
The US Senator highlighted the “landmark legislation that will codify President Trump’s bold vision to establish the United States Strategic Bitcoin Reserve and strengthening our nation’s economic foundation for generations to come."
Lawmakers Split Over Trump’s Crypto Reserve
Meanwhile, US Representative Nick Begich also introduced the “Bitcoin Act on 2025,” a companion bill to Senator Lummis’ legislation, to the US House on Tuesday. The legislation, co-sponsored by six Republican Representatives, is “designed to ensure the United States secures its financial independence and maintains its leadership in the global digital economy.”
Begich emphasized the need for the United States to establish a formal Bitcoin reserve, like its gold reserves, as “America cannot afford to fall behind in this financial revolution.”
Nonetheless, recent reports revealed that other Congress members are opposing President Trump’s crypto plan. Democratic Representative Gerry Connolly recently wrote a letter to Treasury Secretary Scott Bessent, pushing to abandon the strategic reserve plans.
The congressman considers, “Such a reserve provides no discernible benefit to the American people but would significantly enrich the President and his donors. It would also constitute unsound fiscal policy by picking winners among currencies via social media and wasting taxpayer dollars.”
The letter also asks for the documents and communications about the reserves, soliciting a “detailed list of safeguards that are in place to protect against government officials financially benefiting from the strategic cryptocurrency reserve.”
@ Newshounds News™
Source: Bitcoinist
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GOLD ETFS WINNING THE ASSET RACE WITH BITCOIN FUNDS–FOR NOW
The price of the traditional safe-haven asset has soared recently, but bitcoin is the real “hot sauce,” says analyst Eric Balchunas.
Gold exchange-traded funds in the U.S. are leading in assets under management again after briefly being dethroned by the new American Bitcoin ETFs, a result of the traditional risk-off asset’s surge to a record high and BTC’s recent slump.
American ETFs giving investors exposure to gold’s price are collectively managing close to $150 billion in assets, VettaFi data shows. The 11 Bitcoin ETFs—approved by the SEC last year—now have over $93 billion in managed assets.
In December, Bitcoin ETFs briefly overtook their gold counterparts, according to K33 Research, thanks to the cryptocurrency’s price increase following the election of U.S. President Donald Trump, whose policies were widely expected to boost the digital asset industry.
Bitcoin spiked to an all-time high at nearly $109,000 in January the day of his inauguration. But it has steadily lost ground and was recently trading around $84,000, down about 25% from that record.
Friday’s BTC price comes the precious metal hit a record of $3,014 per ounce as investors spooked by the new president’s trade war look for less volatile investments. Gold is a traditional safe-haven asset favored during periods of economic turbulence.
Bitcoin has largely traded similar to tech stocks and other risk-on assets over the past year.
“Bitcoin has some safe haven qualities, but lately it’s behaved more like a risk asset, and that’s why we’ve seen more outflows in those spot ETFs,” etf.com’s Senior Content Editor Kent Thune, who oversees research at the publication, told Decrypt, noting gold’s status as an inflation hedge and safe-haven investment in the “current environment.”
The new Bitcoin ETFs smashed expectations last year following their approval after new capital from investors previously locked out of the world of crypto investing flooded the market. The funds collectively breached $3 billion in net flows just one month after they started trading—beating the launch of the gold ETFs 20 years ago.
But macroeconomic uncertainties and traders concerned about Trump’s policies, including his tariffs on favored trading partners, have led to massive outflows this year, helping push the price of Bitcoin down.
Still, this trend could soon be reversed, Bloomberg ETF analyst Eric Balchunas said, as Bitcoin is the real “hot sauce.”
“It’s not really a reflection of customer interest,” he said, adding gold catching up with Bitcoin again was simply down to “the market.”
“Most regular people want stocks and bonds and spice—they want real speculative stuff. So to me, gold isn’t hot sauce, and the fact that Bitcoin could act as hot sauce made it still a lot better over the past year than gold, even though gold is going up.”
“I just think that gold can never be hot sauce,” he said, adding that while gold has won the battle, Bitcoin could win the war in the medium- to long-term.
@ Newshounds News™
Source: Decrypt
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“Tidbits From TNT” Saturday Morning 3-15-2025
TNT:
Tishwash: Net foreign investment into Iraq declined by 48%.
The Iraqi Statistical Office issued an official report stating that net foreign investment into Iraq fell from $2.9 billion in the second quarter to just $1.5 billion, a decline of 48%.
Foreign direct investment plays a pivotal role in strengthening the Iraqi economy, as it contributes to reducing dependence on the state for foreign currency, in addition to supporting vital economic sectors, according to economic expert Manar Al-Obaidi.
TNT:
Tishwash: Net foreign investment into Iraq declined by 48%.
The Iraqi Statistical Office issued an official report stating that net foreign investment into Iraq fell from $2.9 billion in the second quarter to just $1.5 billion, a decline of 48%.
Foreign direct investment plays a pivotal role in strengthening the Iraqi economy, as it contributes to reducing dependence on the state for foreign currency, in addition to supporting vital economic sectors, according to economic expert Manar Al-Obaidi.
Meanwhile, the Iraqi government announced that net foreign direct investment over the past two years amounted to $63 billion, which contradicts official data released by the Iraqi Statistical Office link
Tishwash: The role of electronic payment in strengthening our banking system
Dr. Haitham Hamid Mutlaq Al-Mansour
In light of the rapid technological developments witnessed worldwide, financial and banking systems are facing radical transformations aimed at enhancing efficiency, transparency, and financial inclusion. Among these transformations, the electronic payment system stands out as a fundamental pillar in reforming banking systems, especially in developing countries like Iraq.
The Iraqi banking system, which has suffered for many years from structural challenges and weak infrastructure, has begun to witness positive transformations thanks to the adoption of electronic payment technologies.
Electronic payment affects the banking system in general through:
1. Increased confidence in the banking system: Electronic payments enhance customer confidence in the banking system by providing secure and fast payment methods. When individuals feel their financial transactions are secure and easy to conduct, they are more likely to deposit their money in banks rather than keeping it in cash.
2. Promoting financial inclusion: Electronic payments facilitate access to banking services for individuals and small businesses, especially in remote areas or areas with a lack of bank branches. When more people can open bank accounts and conduct financial transactions easily, this leads to increased deposit rates, as depositing money in banks becomes more attractive than keeping it outside the banking system.
3. Reducing reliance on cash: In economies that rely heavily on cash, deposit rates are relatively low due to the widespread cash culture. By adopting electronic payments, reliance on cash can be reduced and individuals and businesses can be encouraged to deposit their money in banks, leading to higher deposit rates.
4. Improving the efficiency of banking operations: Electronic payments reduce banks' operational costs, as they eliminate the need for traditional branches and their staff. This improvement in efficiency can translate into better returns on deposits, making them more attractive to savers.
5. Increased transparency and anti-corruption: Electronic payments enhance transparency in the financial system, as financial transactions become recorded and monitored. This reduces the risk of corruption and tax evasion, enhancing customer confidence in the banking system and encouraging deposits.
Global data clearly demonstrates the strong positive relationship between the spread of electronic payments and increased deposit rates in the banking system. It is noted that countries that have adopted effective electronic payment systems, such as China, India, and Kenya, have seen significant increases in deposit rates, demonstrating the impact of electronic payments on the banking system. This is as follows:
1. China:
It is one of the most advanced countries in the field of electronic payments, with more than 80% of the population relying on platforms such as Alipay and WeChat Pay. According to World Bank reports, deposit rates in China have increased significantly with the spread of electronic payments, with the deposit-to-GDP ratio reaching more than 180% in 2022. Electronic payments have contributed to increased financial inclusion, with the number of bank accounts increasing from 64% in 2011 to more than 90% in 2022.
2. India:
Following the launch of the Unified Payments Interface (UPI) system in India, bank deposits increased significantly. In 2022, the deposit-to-GDP ratio reached 75%, up from 60% in 2016. Electronic payments have contributed to an increase in the number of bank accounts from 35% in 2011 to more than 80% in 2022.
3. Kenya:
Kenya is a pioneer in the use of mobile payments through M-Pesa. Bank deposits have increased from 20% in 2007 to more than 70% in 2022, thanks to the spread of electronic payments and increased financial inclusion.
4. Sweden:
Sweden is one of the countries with the highest reliance on electronic payments, with cash transactions accounting for less than 1% of total transactions. Meanwhile, the Swedish deposit-to-GDP ratio is around 90%, reflecting high confidence in the banking system.
In Iraq, the deposit-to-GDP ratio remains relatively low compared to other countries, recording a 9% decline. However, since 2024, the banking sector has begun to witness a significant decline in the total value of deposits, with a 9% decline from IQD 133.5 trillion in 2023 to IQD 123.5 trillion in 2024. This decline is despite the increase in the number of bank accounts following the widespread adoption of electronic payments, which rose from 23% to approximately 50% in just a few years. This reveals the reasons behind the decline in the value of deposits in the banking system, especially in light of the Central Bank's move to promote electronic payment tools and increase reliance on the banking sector. This poses significant challenges for the government to address, developing medium- and long-term plans, and adopting supportive policies to address these challenges, which include the following:
1. Weak technological infrastructure: Iraq's telecommunications and internet networks continue to suffer from quality and coverage issues, hindering the effective implementation of electronic payment systems.
2. Low levels of financial literacy: A large portion of the population relies on cash transactions due to a lack of sufficient awareness of the benefits of electronic payment and how to use it.
3. Lack of a legal and regulatory framework: The implementation of electronic payment requires clear laws and regulations that govern electronic payment operations, protect consumer rights, and facilitate and enhance the flexibility of payment processes.
4. Security concerns: Some individuals still fear the risks of cyber-hacking and data theft, which limits their use of electronic payments. link
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Tishwash: A politician warns of the repercussions of Al-Kadhimi's return... he carries an American agenda.
Abdul Hamid al-Dulaimi, a member of the United Anbar Alliance, warned on Friday of the repercussions of the return of former Prime Minister Mustafa al-Kadhimi, describing him as carrying an American agenda that does not serve the people's interests.
In a statement to Al-Maalouma Agency, Al-Dulaimi said, "Former Prime Minister Mustafa Al-Kadhimi represents the last American card for Iraq, as he has clear plans to create widespread chaos in Iraq by fueling demonstrations to destabilize the country's security and stability for reasons that have become known to everyone, in addition to spreading political differences between the poles of the political process and planting a spirit of division among its components by strengthening the regional government over the center."
He added, "Al-Kadhimi's return to Baghdad carries within it American agendas, the outlines of which will become clear in the coming period, amid warnings from political and security sources of the repercussions of his return and its negative impact on the political process." He indicated that "Al-Kadhimi is working to attract the Sadrist movement by all means to strengthen his front and the illusions of those affiliated with the movement that his plan is in the interest of Iraq."
Finally, Al-Dulaimi stressed that “America follows a policy of planting its spies inside countries to implement its agenda as it deems appropriate for the interests of its country.” link
Mot: .... Ya KNows - as Ya Season - Ya Get To ~~~~
Mot: Lifes Choices - YOU Decide!!! Doughnuts or gym
More News, Rumors and Opinions Friday PM 3-14-2025
KTFA:
Clare: Iraqi forces kill "deputy caliph," one of the world's most dangerous terrorists
3/14/2025
Prime Minister and Commander-in-Chief of the Armed Forces, Mohammed Shia al-Sudani, announced on Friday the killing of the so-called "deputy background operative" of ISIS and one of the most dangerous terrorists in Iraq and the world.
Al-Sudani said in a statement received by Shafaq News Agency: "The Iraqis continue their dazzling victories over the forces of darkness and terrorism, as the heroes of the Iraqi National Intelligence Service.
KTFA:
Clare: Iraqi forces kill "deputy caliph," one of the world's most dangerous terrorists
3/14/2025
Prime Minister and Commander-in-Chief of the Armed Forces, Mohammed Shia al-Sudani, announced on Friday the killing of the so-called "deputy background operative" of ISIS and one of the most dangerous terrorists in Iraq and the world.
Al-Sudani said in a statement received by Shafaq News Agency: "The Iraqis continue their dazzling victories over the forces of darkness and terrorism, as the heroes of the Iraqi National Intelligence Service.
With the support and coordination of the Joint Operations Command and the International Coalition Forces, were able to kill the terrorist Abdullah Maki Musleh Al-Rifai, nicknamed (Abu Khadija), who holds the position of the so-called (deputy caliph, who holds the position of the so-called governor of Iraq and Syria, the head of the authorized committee, and the head of the foreign operations offices.
He added, "He is considered one of the most dangerous terrorists in Iraq and the world." LINK
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Clare: Iraq begins project to extend gas pipeline in Basra to feed power plants
3/14/2025
The Iraqi Ministry of Oil began, on Friday, a project to extend a gas pipeline in Basra Governorate, which supplies power plants.
The ministry said in a statement today that Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani Al-Sawad visited Khor Al-Zubair port today and supervised the project.
She stated that "the visit comes to follow up on the ongoing work inside Khor Al Zubair Port on the Adhraa platform, which is receiving the dry gas pipeline project supporting the power generation stations."
The statement continued, "The Oil Projects Company's staff is making great efforts to bring the project to advanced stages and implement it within the specified timeframe and according to the approved engineering and technical specifications, given its importance in supplying power plants with gas."
It is noteworthy that the project extends from the Khor Al-Zubair docks to the Shatt Al-Arab Regulator, with a length of 40 km and a diameter of 42 knots. Work is proceeding at a rapid pace on the project, within the approved standards, and is being implemented by the national effort cadres of the Company for Oil Projects (SCOP).
On Sunday, March 9, the Iraqi Parliament's Oil and Gas Committee revealed the Iraqi government's intention to import Gulf gas instead of Iranian gas following the recent US sanctions. The committee announced a project being rapidly implemented in Basra, in the far south of the country.
The waiver granted by the United States to Iraq from sanctions imposed on Iran expired on Saturday, March 8, 2025. Consequently, the Baghdad government will not be able to import the Iranian gas needed to operate power plants across the country.
Committee spokesman Ali Shaddad told Shafaq News Agency, "The Ministry of Electricity's problem is that it has established stations in Iraqi governorates that rely solely on gas, while the stations in Basra are combined and operate on gas, crude oil, and black oil, which has contributed to the stability of the electrical system in the governorate."
He explained that "the Prime Minister is personally following up on the progress of the gas pipeline project from the floating platform in Basra on a daily basis," noting that "the Ministry of Oil began work on it about 30 days ago and it will be completed at high speed within 120 days."
He added that "the completion rate has exceeded 30% so far," stressing that "the project will contribute to transporting Gulf gas in quantities of up to 200 cubic meters."
The US State Department recently confirmed the end of exemptions that had allowed Iraq to purchase electricity from Iran, as part of the Trump administration's "maximum pressure" policy against Tehran.
Washington emphasized its refusal to provide any economic relief to Iran, stating that the goal is to end the Iranian nuclear threat, limit its missile program, and prevent its support for armed groups.
For his part, Farhad Alaaldin, the Prime Minister's advisor for foreign affairs, confirmed to Reuters that "the expiration of the waiver poses temporary operational challenges for Iraq."
Alaa El-Din added that "the government is actively working to find alternatives to sustain electricity supplies and mitigate any potential outages," noting that "enhancing energy security remains a national priority, and efforts to boost domestic production, improve grid efficiency, and invest in new technologies will continue at full capacity."
For many years, Iraq has relied on importing electricity and gas from Iran, especially during the peak summer months. This relies on ongoing US waivers, which are issued multiple times each year.
In October 2024, Iraq signed an agreement with Turkmenistan to import gas in quantities of up to 20 million cubic meters per day via the Iranian pipeline network, using a swap mechanism to facilitate transportation. However, the agreement has not yet begun due to technical issues, the Ministry of Electricity recently announced. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat “When Irish Eyes Are Smiling“... we all should be smiling today and every day. We don’t have to wait until March 17th St Patrick’s Day to put that twinkle back in our eyes. If you are holding Iraqi dinar and you have enough, you are already a millionaire only you can’t go to the bank yet...Folks the longer we wait the closer we get. Get it?...Yes, the glass is always half full and the pot of gold is still sitting at the end of the rainbow. It has not moved. It is still there waiting for us. Just be patient.
Militia Man They haven’t exposed the ‘23 ‘24 ‘25 budget tables yet. We know they’re not going to do that until it passes the COM. They’re going to have to give that information to the Council of Ministers prior to ever getting to parliament. That’s just the way it works. It’s not their business until it’s after the fact that it’s exposed and the COM allows them to read it and see it. By that time Alaq has probably made his move.
USA’s Silver Stockpile is GONE – Expert Says “It’s Better Than Gold” | Mike Maloney
3-14-2025
Silver isn’t just the “new gold”—it may very well be better than gold.
In this explosive new video, Mike Maloney and Alan Hibbard reveal why silver’s unprecedented short positions, dwindling inventories, and enormous industrial demand could trigger an epic price surge.
From historical charts showcasing a once-in-16-lifetimes value gap to the looming short squeeze that could send silver skyrocketing, every indicator screams “undervalued.” Join Mike and Alan as they dissect silver’s tight supply, its lack of a “lender of last resort,” and real-world data that suggests a triple-digit silver price is on the horizon.
If you want to understand why big investors are paying close attention—and how you can position yourself for what could be one of the greatest precious metals moves of our time—don’t miss this must-watch discussion.
Seeds of Wisdom RV and Economic Updates Friday Afternoon 3-14-25
Good Afternoon Dinar Recaps,
RIPPLE BREAKS GROUND IN MIDDLE EAST: SECURES FIRST PAYMENT LICENSE
▪Ripple has become the first blockchain payments provider to receive official licensing from the Dubai Financial Services Authority (DFSA).
▪Ripple’s Middle Eastern expansion strategy started backin 2020 when the company established its regional headquarters in the DIFC.
Good Afternoon Dinar Recaps,
RIPPLE BREAKS GROUND IN MIDDLE EAST: SECURES FIRST PAYMENT LICENSE
▪Ripple has become the first blockchain payments provider to receive official licensing from the Dubai Financial Services Authority (DFSA).
▪Ripple’s Middle Eastern expansion strategy started backin 2020 when the company established its regional headquarters in the DIFC.
Ripple has become the first blockchain payments provider to receive official licensing from the Dubai Financial Services Authority (DFSA). With this approval, Ripple can tap into UAE’s $40 billion cross-border payments market.
On 13 March 2025, Ripple announced unlocking fully regulated cross-border crypto payments in the UAE, “bringing faster, cheaper, and more transparent transactions to a $40B market.”
Commenting on the development, Ripple CEO Brad Garlinghouse said, “We are entering an unprecedented period of growth for the crypto industry, driven by greater regulatory clarity around the world and increasing institutional adoption.”
“Thanks to its early leadership in creating a supportive environment for tech and crypto innovation, the UAE is exceptionally well-placed to benefit,” he added.
Ripple’s First License In The Middle East
The company receiving operational rights within the Dubai International Financial Centre (DIFC) means that Ripple’s global payments product will be available for businesses in the UAE.
Welcoming Ripple to the Middle East, Arif Amiri, DIFC CEO said, ”We are thrilled that Ripple is deepening their commitment to Dubai by securing a DFSA license that makes them the first blockchain-enabled payments provider in DIFC.”
Ripple’s Middle Eastern expansion strategy started back in 2020 when the company established its regional headquarters in the DIFC.
“As the Middle East, Africa and South Asia’s leading global financial centre, DIFC is proud to support forward-thinking companies like Ripple as they shape the future of finance and accelerate the adoption of blockchain technology in the payments industry,” said Amiri.
UAE : Global Hub For Outbound Finance With $400bn+ Market For International Trade
Notably, Ripple insists that it is seeing increasing demand from across the Middle East, “from crypto-native firms and traditional financial institutions alike.”
According to a 2024 business survey carried out by Ripple, 64% of Middle East and Africa (MEA) finance leaders see faster payments and settlement times as the biggest value proposition for incorporating blockchain-based currencies into their cross-border payments business.
“Dubai and the broader UAE have established themselves as leaders in fostering a progressive and well-defined regulatory framework for digital assets,” said Reece Merrick, Ripple’s Managing Director for Middle East and Africa.
@ Newshounds News™
Source: 99 Bitcoins
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BINANCE FOUNDER CZ DENIES TRUMP FAMILY INVESTMENT, PARDON TALKS
The Wall Street Journal reported that representatives of the Trump family were in talks with Binance to take a stake in the exchange giant's U.S. arm. Reported in this morning's Dinar Recaps Blog, Source: Bitcoinist
Representatives for the family of U.S. President Donald Trump are holding discussions with Binance about investing in its U.S. arm, according to a Wall Street Journal report on Thursday.
The WSJ said that the exchange giant's founder Changpeng "CZ" Zhao, who is the firm's largest shareholder, was also seeking a pardon, citing people familiar with the matter. Zhao, who was then the company's CEO, pleaded guilty on money laundering charges in November 2023 and served four months in prison.
Zhao denied the WSJ report in an X post.
"The WSJ article got the facts wrong," he wrote Thursday. "Fact: I have had no discussions of a Binance US deal with…well, anyone."
@ Newshounds News™
Read more: Decrypt
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KENTUCKY SENATE PASSES BILL PROTECTING BITCOIN SELF-CUSTODY RIGHTS
Yesterday evening, the Kentucky Senate unanimously passed a bill aimed at protecting Bitcoin self-custody rights and digital asset mining operations. With a decisive 37-0 vote, the legislation, titled AN ACT relating to blockchain digital assets (HB 701), now moves to the Governor’s desk for final approval.
Sponsored by Representatives Adam Bowling and T.J. Roberts, the bill affirms the right of individuals to self-custody digital assets through self-hosted wallets. Additionally, it prevents local zoning laws from discriminating against digital asset mining businesses, ensuring that Bitcoin miners can operate freely within the state.
The bill outlines several key provisions, including:
▪Protection for Bitcoin self-custody: Individuals have the legal right to use and store digital assets in self-hosted wallets.
▪Prohibition of discriminatory zoning laws: Local governments cannot impose zoning changes that unfairly target digital asset mining businesses.
▪Exemptions from money transmitter licensing: Home Bitcoin miners and digital asset mining businesses are exempt from Kentucky’s money transmitter requirements.
▪Clarification of securities laws: Digital asset mining and staking as a service are explicitly not classified as securities under Kentucky law.
After passing through the Kentucky House with a 91-0 vote on February 28, 2025, the bill moved swiftly through the Senate. The March 13 vote saw full bipartisan support, with 37 senators voting in favor, zero opposed, and one not voting.
The legislation now awaits the Governor’s signature, which would officially enshrine Bitcoin self-custody protections and digital asset mining rights into Kentucky law. If signed, Kentucky will become one of the more Bitcoin-friendly states in the country, setting a precedent for other states to follow.
@ Newshounds News™
Source: Bitcoin Magazine
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Banking Crisis Warning: What Global Banks Aren’t Telling You
Banking Crisis Warning: What Global Banks Aren’t Telling You
Awake-In-3D March 12, 2025
Global banks are pulling back, signaling trouble ahead—here’s what they don’t want you to know.
The global financial system is sending a quiet but urgent warning—one that most people are overlooking. Banks are supposed to fuel economic growth by lending, but right now, they’re doing the opposite. Instead of putting money into businesses and households, they’re stockpiling government bonds at an alarming rate.
This shift isn’t random—it’s a calculated move that signals caution, not confidence. In times of financial uncertainty, banks act as early warning indicators. Their recent actions suggest a brewing banking crisis, one that could have far-reaching consequences for investors and policymakers alike.
Banking Crisis Warning: What Global Banks Aren’t Telling You
Awake-In-3D March 12, 2025
Global banks are pulling back, signaling trouble ahead—here’s what they don’t want you to know.
The global financial system is sending a quiet but urgent warning—one that most people are overlooking. Banks are supposed to fuel economic growth by lending, but right now, they’re doing the opposite. Instead of putting money into businesses and households, they’re stockpiling government bonds at an alarming rate.
This shift isn’t random—it’s a calculated move that signals caution, not confidence. In times of financial uncertainty, banks act as early warning indicators. Their recent actions suggest a brewing banking crisis, one that could have far-reaching consequences for investors and policymakers alike.
A Sudden Shift in Strategy
European banks recently embarked on an extraordinary bond-buying spree—the third largest on record. The last time we saw such a move was in April 2020, at the height of global economic panic during the pandemic. This sudden shift raises serious questions, particularly given one alarming detail: despite their enthusiasm for purchasing government bonds, these banks show remarkable reluctance to lend money to businesses and households.
Central Banks Are Losing Control
Central banks globally are aggressively cutting interest rates, publicly framing these measures as economic stimulus to spur borrowing, investment, and growth. Yet banks—the very institutions responsible for channeling money into the economy—are not responding as expected. Instead, they’re retreating, opting for safety over opportunity.
Why Banks Are Tightening Credit
Why are banks tightening credit instead of lending? Historically, when banks increase their holdings of government bonds, it’s a clear signal of caution. They perceive greater risk ahead and choose safety over profit. This behavior isn’t isolated to Europe:
China recently had to intervene with a bank bailout.
U.S. banks are tightening their credit standards.
Financial institutions worldwide are adopting defensive postures rather than aggressive lending strategies.
The Banking Crisis and Economic Warning Signs
The critical takeaway here is that low interest rates, often touted as a sign of a strengthening economy, often signal deeper underlying issues. Banks, well-positioned to detect early signs of economic trouble, indicate apprehension rather than optimism.
This trend warrants serious consideration. When banks collectively adopt defensive strategies, it often foreshadows broader economic challenges on the horizon. Investors and policymakers would do well to heed this signal and prepare accordingly.
How Investors Can Protect Themselves
So, what do savvy investors do in times like these? They shift their focus from volatile fiat currencies and unstable economic policies toward more reliable stores of value—most notably, hard assets like gold. History repeatedly demonstrates that during uncertain times, tangible assets offer a crucial hedge against financial turbulence.
The Bottom Line: Banking Crisis Signals Caution
In short, the current behavior of global banks is a quiet yet powerful indicator that caution, preparedness, and prudent investing strategies are more important now than ever.
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© GCR Real-Time News
Visit the GCR Real-Time News website and search 100’s of articles here: Ai3D.blog
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“Tidbits From TNT” Friday 3-14-2025
TNT:
Tishwash: Economist: Markets will face a recession during Eid due to weak purchasing power
Economic expert Salah Nouri predicted that market activity would be limited as Eid al-Fitr approaches, explaining that this is linked to the scale of citizen demand, which directly depends on purchasing power.
Nouri explained in an interview with Al Furat News Agency that "most citizens are low-income, low-level employees, and covered by social welfare, which affects the level of spending in the markets."
He also predicted that "the dollar exchange rate will decline on the parallel market in the coming period, due to low demand for purchases."
TNT:
Tishwash: Economist: Markets will face a recession during Eid due to weak purchasing power
Economic expert Salah Nouri predicted that market activity would be limited as Eid al-Fitr approaches, explaining that this is linked to the scale of citizen demand, which directly depends on purchasing power.
Nouri explained in an interview with Al Furat News Agency that "most citizens are low-income, low-level employees, and covered by social welfare, which affects the level of spending in the markets."
He also predicted that "the dollar exchange rate will decline on the parallel market in the coming period, due to low demand for purchases."
Local markets are experiencing an economic slowdown as the Eid season approaches, with economic experts pointing to the possibility of a recession due to weak consumer purchasing power.
This decline is attributed to several factors, most notably the rising cost of living and declining real income, which has negatively impacted buying and selling activity. link
Tishwash: Government Advisor: We Have a Large Financial Surplus Enough for Iraq to Cover Two Years of Imports
Mohammed Al-Najjar, the Prime Minister's Advisor for Investment Affairs, confirmed that the Central Bank has a large financial surplus sufficient for Iraq to cover two years of imports.
Al-Najjar said in the program "Under Two Lines," broadcast on Al-Iraqiya News, followed by the Iraqi News Agency (INA), that "the US administration is dealing positively with Iraq, contrary to what is being circulated in the media," noting that "there is a moderate discourse from the United States because the energy market cannot bear it."
He added, "The Central Bank has a large financial surplus sufficient for Iraq to cover two years of imports," stressing that "there are mechanisms that the Central Bank is working with the US Federal Reserve to structure."
He pointed out that "the government is currently implementing the banking reforms agreed upon between Washington and Baghdad," explaining that "everyone is trying to protect Iraq because it is not in their interest for Iraq to be exposed to any crisis."
He continued, "The cost of reconstruction and bridges in the country does not exceed 12 trillion dinars."link
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Tishwash: MP Ali Shaddad sets the expected date for the budget tables to reach the House of Representatives and confirms that disagreements still exist.
Member of the Iraqi Council of Representatives, Ali Shaddad, said on Friday that amending Article (12) of the Budget Law for the three years (2023, 2024, 2025) is the reason for the delay in the current year's budget schedules reaching the Council of Representatives.
Shaddad expected the amendment of this controversial article between Baghdad and Erbil to be completed, and for the schedules to reach the Council of Representatives for discussion by the end of this March.
He pointed out that Article (12) of the Budget Law, which is being amended by the Council of Ministers, relates to the costs of producing the region's oil.
Shaddad explained to Noon News Agency that Article (12) indicated that the cost of producing and transporting one barrel of crude oil in the region amounts to $6, while the regional government believes that this amount is much less than the actual costs, due to the mountainous nature of the northern oil sites.
He pointed out that the region is also demanding an increase in its share of local fuel consumption, indicating that the central government and the Ministry of Oil do not have the authority to make this increase without referring to the Council of Representatives.
Shaddad hinted at internal and external pressures being exerted to expedite a final agreement to pass the budget and resume the region's oil exports via the Turkish port of Ceyhan. link
Mot: Splains alot -- HUH!!!
Mot: . ole ""Earl"" is Soooo Wise at Times!!!
News, Rumors and Opinions Friday 3-14-2025
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 14 March 2025
Compiled Fri. 14 March 2025 12:01 am EST by Judy Byington
Judy Disclaimer: Please be aware that I can only report the news as I find it, try to credit articles with their original author and am not responsible for the content, which may or may not be true. I encourage you to do your own research and make up your own mind as to what is happening in this great War of Good Against Evil.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Fri. 14 March 2025
Compiled Fri. 14 March 2025 12:01 am EST by Judy Byington
Judy Disclaimer: Please be aware that I can only report the news as I find it, try to credit articles with their original author and am not responsible for the content, which may or may not be true. I encourage you to do your own research and make up your own mind as to what is happening in this great War of Good Against Evil.
Judy Note: “The Quantum Financial System (QFS) is an un-hackable, AI-driven network (allegedly) supported by the Secret Space Program which was in the process of replacing the old Swift Banking System.
“Very soon the QFS’s Global Currency Reset (GCR) will align all national currencies at a one-to-one exchange rate – with only gold or asset-backed currencies recognized and a value based on the nation’s assets, economy and population.
“For some time the QFS has been monitoring all banking transactions and gathering evidence of the Elites manipulation of the Swift system as they moved stolen wealth across the Globe. They never realized that the QFS was already tracking their actions in real time. The Alliance has used this data to expose financial crisis, leading to manipulations and the dismantling of central banking institutions.
“Our Global Financial System has been living on air. The Cabal’s financial arm Blackrock, the World’s largest holder of real estate, (allegedly) collapsed last week, with their assets across the World to soon follow, while their fiat US Federal Dollar has been worth nothing since it’s bankruptcy in 2008.
“Reportedly nine major nations, including the United States, Canada, Japan and Europe were insolvent and facing a collapse,” JFK Jr. announced on Thurs. 13 March 2025. “For years, these governments have recklessly printed money, racking up debt without a clear path to repayment.
“The Emergency Broadcast System (EBS) Disclosure will soon report a global stock market crash. The financial freeze could last between two to ten days where trillions of dollars vanished overnight, while Crypto-currencies, Bit-coin and major wallets took massive hits.
“Tier 4b (Us, the Internet Group who have bought foreign currencies and Zim Bonds) notification to exchange currencies and redeem bonds may soon act, (allegedly) followed by an end to the IRS and all tax systems.” …JFK Jr. on Telegram
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Global Currency Reset:
Thurs. 13 March 2025 Bruce:
British Admiralty Law and US Inc. were (allegedly) gone in the US, while Common Law is coming in over the weekend – that is part of Nesara.
The USTN (allegedly) replacing the fiat dollar is in the banks and Redemption Centers. We can get it when we go in for exchanges.
Gold backed Crypto Reserve is(allegedly) backing up our new US Note.
Under Nesara income tax (allegedly) goes away and will be replaced by a 15% consumption tax.
DOGE checks (allegedly) went out on Sun. night and Mon. morning. Some have received checks for $7,000 to $8,000. It is not known if they were DOGE checks or retirement checks. SS increases have not yet happened, but should by the end of the month.
Redemption Centers have higher rates on the Dinar (allegedly) and is the only place you can redeem Zim. There are (allegedly) benefits you get at the Redemption Center that you can’t get at a bank.
You (allegedly) get a Quantum Account at a Redemption Center.
Bond Holders get notified that they have funds in their account and when they have access to that money. As of yesterday at 4 pm Bond Holders were flying into Reno and Miami to get their accounts. They were funding Bond Holders Tues. through Saturday of this week.
Tier4b (us, the Internet Group) should get notified Friday 14 March or Saturday 15 March after the banks or markets close.
Redemption Centers will (allegedly) be doing exchanges beginning Sat. 15 March.
Redemption Centers will be exchanging for 14 days (some areas longer depending on the population).
Read full post here: https://dinarchronicles.com/2025/03/14/restored-republic-via-a-gcr-update-as-of-march-14-2025/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Mnt Goat Article: “DIGITAL CURRENCY IN IRAQ: CRISIS OF CONFIDENCE.. THE BIGGEST OBSTACLE” Article Quote: "Al-Sudani’s advisor pointed out that “90% of the monetary mass is outside the banking system, so Iraqi society deals with paper money, and it is unreasonable to immediately switch to digital currency overnight,“ ...a replacement of paper currency by a digital currency is not feasible at this time for Iraq but it will still be pushed in the future...this is a long-term project for Iraq and we will most likely be out of this investment and exchanged already by the time they do it...
Frank26 It is brilliant. You see delays. I see Paul Bunyan leaps. I see amazing advancements, yes in the monetary reform, but in the whole geopolitical structure of the Middle East which is important for the monetary reform of Iraq...Every day, every week you see advancements...in the field of security and stability. Security and stability is light. The Framework, Maliki, parliament is darkness. The light is overcoming the darkness every day.
Stock Market Cratering; Is This The "Big One"? | Gregory Mannarino
Liberty and Finance: 3-13-2025
Gregory Mannarino discusses the recent volatility in the stock market, emphasizing that the S&P 500 has entered a correction phase.
While he acknowledges the market’s sharp downturn, he suggests that this isn't the "big one" yet, as the true crisis will stem from a collapse in the debt market.
Mannarino points out that the instability in the bond market is sending troubling signals, with rising yields and a weakening U.S. dollar.
He stresses that the stock market, although experiencing significant sell-offs, is not yet facing the catastrophic meltdown that could follow a debt market crash.
Ultimately, Mannarino suggests caution, urging people to monitor the debt and dollar movements closely as key indicators of deeper financial distress.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Stock market cratering
13:13 Contracting economy
20:30 Preparedness