Washington Supports the Dinar Plan ?

Sunday Update - Washington Supports the Dinar Plan ?

The Dinar Den:  8-23-2026

The discussion surrounding international currency markets and potential revaluations often brings significant interest from long-term observers. Among these topics, the economic restructuring of Iraq and the potential revaluation (RV) of the Iraqi Dinar stand out.

In a recent analysis shared by Stephen, host of The Dinar Den and an experienced observer of Iraqi financial trends since 2011, key updates were highlighted regarding where Iraq stands in its journey toward comprehensive monetary reform.

While Stephen clearly notes that his insights reflect personal commentary rather than direct financial advice, his long-term perspective—spanning over 15 years, with accelerated momentum over the past six months—provides a detailed framework for understanding the complex mechanisms driving Iraq’s financial ecosystem.

A central theme in recent economic discourse is the debate between simple redenomination and true currency revaluation.

A common narrative suggests that the Iraqi government might simply “delete the zeros” from its currency notes. However, financial mechanics dictate that removing zeros from banknotes without adjusting the underlying currency rate or pegging it effectively to a strong anchor, such as the US dollar, does not inherently create added purchasing power.

For a currency adjustment to deliver meaningful economic value, a redenomination must coincide with an actual revaluation or structural “reinstatement.”

This process requires the local currency to gain tangible purchasing power in international trade. Simply changing the numerical presentation on paper is cosmetic; true financial reform requires real economic backing, expanded foreign reserves, and stabilized exchange mechanisms.

Understanding Iraq’s monetary trajectory also requires analyzing regional politics and foreign policy influences. Stephen references insights from Mazin Al-Eshaiker, a prominent Iraqi economic commentator affiliated with the Prime Minister’s office. Al-Eshaiker has suggested that policy discussions in Washington lean toward supporting zero-deletion initiatives as a strategy to maintain dollar stability and trade dominance in the region.

While this perspective represents commentary rather than an official statement from the United States government, it underscores the visible impact of international economic relations on Iraq’s domestic choices. The interplay between Iraqi fiscal decisions and broader international financial systems highlights why monetary changes take time and require diplomatic alignment.

To evaluate when monetary reform might realistically occur, Stephen highlights a strategic four-step sequence originally outlined in consultation with David from Reset Intelligence. This roadmap stresses that currency reform is not an isolated event, but rather the final piece of a much larger stability puzzle:

National Security Consolidation: Establishing full government control over sovereign borders and internal security to foster a safe environment for foreign investment.

Completion of the Government Cabinet: Fully keying in essential administrative positions, specifically within the Ministry of Defense and the Ministry of Interior, to ensure operational continuity.

Legal and Fiscal Infrastructure: Finalizing national budgets, passing the long-awaited Hydrocarbon Law (HCL), and establishing clear international oil-sharing agreements.

Implementation of Currency Reforms: Executing structural monetary changes only after political, legal, and security foundations are firmly operational.

This sequence reinforces a fundamental economic principle: institutional stability and legal frameworks must always precede major adjustments to national currency value.

Despite the operational delays historically seen in the region, several positive trends have recently emerged. Improved regional cooperation has facilitated the continued movement of Iraqi oil exports through key trade corridors like the Strait of Hormuz, boosting national oil revenues. Concurrently, administrative cooperation between the central government in Baghdad and the Kurdistan Regional Government regarding the HCL signals structural legislative progress.

Furthermore, ongoing anti-corruption initiatives led by the current Prime Minister—supported by international governance oversight—are working to institutionalize fiscal transparency.

While these milestones foster cautious optimism for developments within 2024, experienced market observers advise against listening to unverified speculative claims regarding specific “insider dates.” Structural financial transitions rely on verifiable legislation and institutional execution, not arbitrary calendar marks.

The evolving economic landscape in Iraq represents a compelling study in post-conflict financial reconstruction. For those following the journey of the Iraqi Dinar, maintaining expectations grounded in tangible policy shifts, verified legislation, and official banking updates remains essential.

As Iraq continues to check off foundational requirements—from security stability to energy legislation—the potential for meaningful financial modernizations grows stronger.

https://www.youtube.com/watch?v=iAOSRR1zcDI

Rob Cunningham: Federal Reserve Bypass Operation in Effect

Rob Cunningham: Federal Reserve Bypass Operation in Effect

FEDERAL RESERVE BYPASS OPERATION IN EFFECT

Something profound just happened to the architecture of money.

The GENIUS Act is now law.

It creates a legal framework for 1:1 reserve-backed payment stablecoins and expressly directs regulators to promote interoperability with the broader digital-finance ecosystem—including public and permissioned blockchains.

Think about what this means.

For more than a century, moving dollars at institutional scale meant moving through an architecture dominated by banks, correspondent accounts and ultimately Federal Reserve settlement infrastructure.

Stablecoins separate the dollar from the rail carrying the dollar.

A compliant digital dollar can potentially move:

Person → Person
Business → Business
Bank → Bank
Machine → Machine
Nation → Nation

24/7/365.

The Federal Reserve itself now acknowledges that stablecoins are becoming potential competitors to traditional transaction accounts in payments, settlement and transactional stores of value.

And look at what the Fed is doing simultaneously:

It has proposed a new special-purpose Payment Account whose holders would receive NO interest on balances and have NO discount-window access.

Read that again.

The emerging architecture increasingly separates three things we were trained to think were inseparable:

THE MONEY.
THE ISSUER.
THE PAYMENT RAIL.

GENIUS doesn’t abolish the Federal Reserve.

It does something potentially FAR MORE consequential:

It makes Federal Reserve payment infrastructure less indispensable to the movement of dollar-denominated value.

And underneath qualifying stablecoins?

Real reserves.

Cash.
Treasuries.
Highly liquid collateral.

The dollar doesn’t disappear.

The dollar becomes programmable, portable and potentially interoperable at internet scale.

That changes the question from:

“Who controls the payment network?”
to:
“Whose value is being represented, under whose law, and by whose consent?”

That is where monetary sovereignty gets interesting.

A republic ultimately accountable to its people requires transparent rules, honest representation of value and institutions that serve the monetary system – not a monetary system permanently captive to any institution.

THE DOLLAR IS BECOMING SEPARABLE FROM THE RAIL.

THE RAIL IS BECOMING INTEROPERABLE.

THE NETWORK IS BECOMING 24/7.

FEDERAL RESERVE BYPASS OPERATION IN EFFECT.

Source(s):
• https://x.com/KuwlShow/status/2091497915738951690

https://dinarchronicles.com/2026/08/24/rob-cunningham-federal-reserve-bypass-operation-in-effect/

Iraq Economic News and Points To Ponder Monday Afternoon 8-24-26

Oil Drops Ahead Of Tougher US Iran Sanctions

2026-08-24 Shafaq News   Oil prices slipped more than $1 a barrel on Monday as investors took profits ahead of an expected announcement from Washington about imposing more sanctions on Iran that may further disrupt supplies from the Middle East.

Brent crude futures fell $1.23, or 1.3%, to $93.16 by 0329 GMT, while U.S. West Texas Intermediate crude was at $85.7 a barrel, down $1.36, or 1.6%.

Both contracts posted their second weekly gains last week, up more than 5%, as peace talks between the U.S. and Iran hit a stalemate, capping oil shipments through the Strait of ⁠Hormuz where a fifth of the world's supply used to transit.

U.S. Treasury Secretary Scott Bessent, set to hold a press conference at 2 p.m. EDT (1800 GMT) on Monday, has threatened to impose "the toughest sanctions in history" on Iran. President Donald Trump has also threatened to impose sanctions on Iran's trading partners.

"It is unclear whether U.S. policy to economically isolate Iran will prove effective," Vivek Dhar, a commodities analyst at Commonwealth Bank of Australia, wrote in a note.

"But if the U.S. measures do work as intended, Iran's ability to respond via increased violence becomes a growing risk for energy markets to consider."

Iran has condemned U.S. plans to announce new sanctions even as President Masoud Pezeshkian called for a diplomatic solution.

"The more ⁠pragmatic members of the Iranian leadership would prefer to de-escalate but the hardliners would probably prefer to fight to the bitter end," IG markets analyst Tony Sycamore said.

"I think by the end of this week we will have a good idea which side of the Iranian leadership has the upper hand."

Offers of Iranian crude to Chinese buyers have declined and prices have jumped as the ⁠U.S. blockade has cut Tehran's shipments, according to trade sources.

However, Iran has granted permission for a number of Iraqi oil tankers to pass through the Strait following repeated requests from Baghdad, Iran’s state news agency IRNA reported on Saturday.

Some analysts are expecting the recovery ⁠in supplies from the Middle East to take even longer than expected as the U.S.-Iran conflict persists.

"Crude (supply) is tightening. Recent weeks have seen one of the sharpest declines in oil-on-water, whilst onshore inventories are declining as well, including ⁠in China," said Morgan Stanley analysts in a note.

"A reduction in supply is driving this, most notably from the Middle East where several data sources put aggregate exports back at March/April levels," they said, slowing their assumption for a recovery in Middle East supplies.    (REUTERS)

https://www.shafaq.com/en/Economy/Oil-drops-ahead-of-tougher-US-Iran-sanctions

Strait Of Hormuz Transit Dips 90%

2026-08-24 Shafaq News- Hormuz   Shipping through the Strait of Hormuz has fallen by nearly 90% from levels seen before the US-Iran war, sharply disrupting traffic through one of the world’s most important energy routes.

Thirteen vessels crossed the maritime gateway on Saturday and four on Sunday, compared with 16 on Friday, according to data from shipping intelligence firm Kpler.

Figures from the United Kingdom Maritime Trade Operations (UKMTO) showed that 89 vessels exited the Strait and 103 entered during the week ending Aug. 21.

The slowdown has also affected vessels linked to Iraq. An empty very large crude carrier bound for Iraq entered the Gulf on Friday, while separate shipping data showed a tanker entering the Red Sea on Saturday carrying Iraqi crude from Basra.

The disruption has sharply reduced Iraq’s southern crude exports. Shipments averaged about 1.4 million barrels per day (bpd) in July, up from roughly 500,000 bpd in June and 100,000 bpd in May, but remained well below pre-disruption Basrah exports of more than 3.3 million bpd.

With shipments still constrained, Baghdad is pursuing alternative export routes through Turkiye, Syria and Jordan to reduce its dependence on Hormuz. A proposed pipeline to Syria’s Baniyas port could take about four years to build and cost at least $15 billion.

Read more: No exit but Hormuz: Iraq's economic vulnerability exposed

https://www.shafaq.com/en/Economy/Strait-of-Hormuz-transit-dips-90

Gold Hits Three-Month High On Weaker Dollar

2026-08-24 Shafaq News   Gold prices hit their highest ​level in more than three months on Monday as a subdued dollar ‌lent support, while focus shifted to key U.S. inflation data and a speech later this week by Federal Reserve Chair Kevin Warsh.

Spot gold was up 0.8% at $4,641.27 per ounce, as of ​0427 GMT, after hitting its highest level since May 15 earlier in ​the session. Prices gained more than 5% last week.

U.S. gold futures ⁠edged 0.4% higher to $4,697.70.

A wavering dollar teetered near multi-month lows in a market ​unsettled by the U.S. Treasury's promise to buy back more long bonds. A weaker ​U.S. dollar makes greenback-priced bullion more affordable for holders of other currencies.

Gold is looking sprightly to start the week and has stepped back into bid mode and is taking its cues ​primarily from the softer dollar and focusing on what higher yields may be signaling ​about underlying economic strains and policy uncertainty, said Tim Waterer, chief market analyst at KCM Trade.

The ‌July ⁠Personal Consumption Expenditures (PCE) price index data and Fed Chair Warsh's speech at the Jackson Hole symposium this week will be watched for fresh clues on the U.S. interest rate outlook.

"Traders will be listening closely for any shift in tone on the ​policy path and how ​it sits with ⁠recent bond-market developments. A balanced or cautious tone that leaves room for flexibility would likely keep the door open for gold ​to extend its gains," Waterer said.

On the geopolitical front, the ​U.S. threatened ⁠Iran with what it called "the greatest financial offensive ever marshalled" as it prepared to roll out economic sanctions that target Iran's trade partners. Oil prices slipped more than $1 ⁠a ​barrel as investors took profits ahead of the expected ​announcement.

Among other metals, spot silver steadied at $68.98 per ounce. Platinum rose 0.1% to $1,878.88, while palladium was flat ​at $1,350.00.   (REUTERS)

https://www.shafaq.com/en/Economy/Gold-hits-three-month-high-on-weaker-dollar

Iraq Overhauls Import Fees With Advance Customs Payments

2026-08-24 Shafaq News- Baghdad  Iraqi importers will have to pay estimated customs duties and tax deposits before transferring money abroad for imported goods from Oct. 1, under a new mechanism that traders warn could increase upfront costs and put additional pressure on businesses.

The Cabinet approved the advance-payment system on Aug. 18. Under the decision, importers will deposit funds intended for foreign transfers with licensed banks, but the money will not be sent abroad until they pay estimated customs duties and tax deposits through the ASYCUDA system, a computerized customs management platform, and approved electronic payment channels.

The estimated amount will be calculated from preliminary import data, including commercial invoices, shipping documents, customs classification, the type and origin of the goods and their declared value.

New Tariff System

Iraq’s General Commission of Customs announced in late December 2025 that the new tariff would take effect on Jan. 1, including a 15% customs duty on vehicles and the removal of a previous exemption for hybrid cars.

Read more: Iraq’s updated customs tariffs, legal dispute, and market impact

The Commission subsequently said Cabinet Resolution No. 957 of 2025 ended the flat-fee system for containers, with goods instead assessed according to their classification under Customs Tariff Law No. 22 of 2010.

Customs officials have said tariff rates vary by product, starting at 5%, while ASYCUDA calculates duties using criteria such as weight or quantity depending on the type of goods.

Traders Question Upfront Payments

Baghdad Chamber of Commerce spokesperson Rashid al-Saadi told Shafaq News that businesspeople and importers raised concerns over the advance-payment mechanism at a meeting convened last Wednesday by the Trade Ministry’s Private Sector Development Department.

Tax deposits amount to 3%, while customs duties vary by classification and can reach 30%, 35% or, in some cases, 40%, according to al-Saadi.

He said the Chamber does not oppose paying legally required taxes and customs duties but objects to the additional burden created when importers must make payments before receiving their goods.

Read more: How Iraq’s customs overhaul is reshaping trade

“The equation is unbalanced,” al-Saadi said, arguing that businesses and citizens pay taxes and duties without receiving a corresponding level of public services.

The Federation of Iraqi Chambers of Commerce plans to raise its concerns with government bodies. Al-Saadi said the business community and the Private Sector Development Department agreed to prepare recommendations for submission to the Customs Commission and the Cabinet Secretariat.

Protecting Domestic Production

Parliament’s Finance Committee supports full implementation of the customs tariff, committee member Jamal Kocher told Shafaq News, arguing that the policy is not solely about raising revenue but also protecting domestic production.

Under the previous system, Kocher said, containers could incur similar charges regardless of what they carried. The new approach instead calculates duties according to the classification and value of goods or the applicable unit of measurement.

Products covered by measures intended to protect Iraqi producers may face substantially higher tariffs than other imports, he added.

The changes form part of a broader customs automation program. By June, the Customs Commission said 25 customs centers had been automated and that work was underway on a single-window system involving 15 ministries and government bodies.

The Commission has also reported progress in talks with the Kurdistan Region to unify customs procedures and bring the Region’s border crossings under ASYCUDA.

What It Could Mean For Car Prices

Economist Ahmed Eid said the impact of the 15% vehicle tariff should be distinguished from the eventual increase consumers may see in showroom prices.

“A 15% tariff does not necessarily mean that the price of a car will rise by 15%,” Eid told Shafaq News, noting that final prices also depend on the customs valuation, transportation and import costs and dealers’ margins.

Claims that vehicle prices could rise by as much as 30% require greater official clarity about how charges are calculated, he said. The impact could also vary among US, Gulf and other imported vehicles depending on their value, type and customs classification.

Higher import costs could eventually affect vehicles already on the Iraqi market by increasing their replacement cost, Eid said.

While the tariff could help Iraq increase non-oil revenue, he added, it could also raise the cost of vehicle ownership, making clear and transparent implementation important to prevent unjustified price increases.

https://www.shafaq.com/en/Economy/Iraq-s-new-customs-system-puts-import-fees-upfront

Dollar Rises Against Dinar In Baghdad And Erbil

 2026-08-24 Shafaq News- Baghdad/ Erbil   The US dollar rose against the Iraqi dinar on Monday, hovering around 154,000 dinars per $100 in Baghdad and Erbil, the capital of the Kurdistan Region.

At the Al-Kifah and Al-Harithiya exchanges in Baghdad, the dollar traded at 154,300 dinars per $100, up from 154,100 dinars a day earlier, according to a Shafaq News market survey.

In Baghdad's local exchange shops, the selling price reached 154,750 dinars per $100, while the buying price stood at 153,750 dinars.

Rates climbed in Erbil as well, where the dollar sold at 154,050 dinars per $100 and was bought at 153,950 dinars.

https://www.shafaq.com/en/Economy/Dollar-rises-against-dinar-in-Baghdad-and-Erbil-3

Seeds of Wisdom RV and Economics Updates Monday Afternoon 8-24-26

Good Afternoon Dinar Recaps,

The Iran Sanctions Test: Oil, the Dollar and the Global Financial System Enter Another Phase

Washington is escalating financial pressure on Iran just as the rial reaches another record low, putting oil flows, dollar-based sanctions and alternative international trade channels under renewed pressure.

Overview

• The Iranian rial fell to a record low of about 2.02 million to the U.S. dollar, as Washington prepared a new round of sanctions targeting Iran's economy.

• The Trump administration is moving toward broader economic pressure on Iran, with secondary sanctions threatening countries that continue doing business with Tehran. Reuters reported that Treasury Secretary Scott Bessent was preparing an "economic D-Day" as oil prices moved lower.

• The confrontation is increasingly becoming a test of how far the United States can use the dollar and access to global finance as instruments of geopolitical power without creating additional pressure on the global energy and financial system.

Key Developments

1. Iran's currency has reached another critical threshold

The Iranian rial fell to approximately 2.02 million per U.S. dollar in open-market trading Monday, while Iran's official central-bank rate remained around 1.5 million per dollar.

The currency was already under significant pressure before the current war, but nearly six months of conflict, sanctions and the U.S. naval blockade have accelerated the deterioration.

The consequences are increasingly visible inside Iran.

According to the Associated Press, rice prices have risen roughly 60% since the war began, while beef prices have increased more than 150%. The IMF is forecasting an economic contraction of more than 5%.

The currency collapse therefore isn't simply a foreign-exchange story.

It is becoming a measure of the economic cost of geopolitical isolation.

2. Washington is preparing to widen the financial pressure

The Trump administration has signaled that the next stage will go beyond traditional sanctions against Iranian entities.

Washington has threatened secondary sanctions against countries and businesses that continue conducting business with Iran.

That is significant because secondary sanctions extend the reach of U.S. financial policy beyond America's borders.

Foreign banks, energy companies, shipping firms and trading organizations can effectively face a choice:

Maintain commercial relationships with Iran—or risk losing access to the U.S.-dominated financial system.

This is one of the most powerful tools available to Washington.

It is also one of the tools most relevant to the global financial-reset discussion.

3. Oil makes the confrontation much larger than Iran

The most important financial connection is energy.

The Strait of Hormuz remains at the center of the confrontation. Before the war, approximately one-fifth of the world's traded oil passed through the waterway, according to the AP report. Iran's attacks and threats against shipping have dramatically reduced traffic.

That creates a difficult equation for Washington.

The United States wants to weaken Iran economically while simultaneously preventing the conflict from producing an energy shock large enough to damage the global economy.

Reuters reported Monday that oil prices were falling as Bessent prepared to announce the administration's new Iran measures, while markets continued watching the potential impact on global energy supplies.

That is an important market signal.

The sanctions strategy is now being judged not only by its impact on Tehran, but by its impact on oil prices and the broader global economy.

4. The dollar is being used as geopolitical infrastructure

This is where the story becomes especially important for the global financial reset.

The United States does not need to physically control every transaction involving Iran to exert financial pressure.

It can use the enormous global importance of the U.S. dollar, American banks and access to U.S. financial markets as leverage.

That system has provided Washington with extraordinary influence over international commerce.

But there is another side.

The more frequently the dollar-based financial system is used as a geopolitical weapon, the stronger the incentive becomes for some countries to develop alternative payment arrangements, currencies and trade channels.

That does not mean the dollar is being replaced.

It means other countries have an incentive to reduce their exposure to a system they cannot fully control.

5. Iran's currency collapse illustrates both sides of the system

Iran provides an unusually clear example of the power of dollar dominance.

As sanctions restrict access to international finance and foreign currency, the rial loses purchasing power.

Iranians are responding by seeking dollars as a store of value. The AP reported that people in Tehran were purchasing U.S. dollars with savings as the rial continued to fall.

That is an important contradiction:

The dollar can simultaneously be the instrument imposing financial pressure on Iran and the asset Iranians seek when their own currency loses credibility.

That demonstrates how deeply embedded the dollar remains in the global financial system.

But it also highlights why countries seeking greater monetary independence are interested in alternatives.

6. The next test is whether sanctions change trade behavior

The biggest question may not be what happens to the rial.

It is what other countries do next.

Iran still has important trading relationships, particularly with countries that have maintained commercial ties despite U.S. sanctions.

If secondary sanctions force more banks, shipping companies and energy firms to withdraw from Iranian trade, the immediate effect could be a further contraction of Iran's access to international markets.

But if major trading nations respond by developing alternative settlement mechanisms, the longer-term consequences could extend beyond Iran.

That is where this becomes a global financial story.

Why This Matters

The Iran confrontation is becoming a real-world test of the power of financial sanctions, dollar dominance and energy control.

Washington is demonstrating how powerful the dollar-based financial system remains.

At the same time, every expansion of sanctions creates another incentive for affected countries to ask:

How dependent should our trade be on a financial system controlled by another country?

That question is at the heart of monetary diversification.

Why It Matters to Foreign Currency Holders

For foreign-currency holders, Iran is an important case study because it demonstrates how quickly geopolitical events can become currency events.

A country's currency can be affected by:

• Access to international banking

• Foreign-exchange reserves

• Oil and commodity revenues

• Sanctions

• Trade relationships

• Political stability

• Confidence in the government

• Access to alternative settlement systems

The Iranian rial's collapse is an extreme example and should not be interpreted as a model for other currencies.

But it demonstrates the fundamental principle:

Currency value is ultimately tied to confidence, trade, liquidity and access to the financial system.

Implications for the Global Financial Reset

• Financial sanctions are becoming a strategic weapon.

The United States continues to demonstrate the extraordinary reach created by dollar dominance and access to U.S. financial markets.

• Energy and monetary policy are increasingly connected.

The Strait of Hormuz means that a geopolitical confrontation with Iran can rapidly become a global oil-market problem.

• Secondary sanctions could accelerate financial diversification.

If foreign companies increasingly need to choose between doing business with sanctioned countries and maintaining access to U.S. markets, some governments may have greater incentive to develop alternative settlement channels.

• The dollar remains dominant—but its geopolitical use has consequences.

The current system gives Washington enormous leverage. At the same time, repeated use of that leverage can encourage other countries to seek ways to reduce their exposure.

• The potential reset is more likely to be gradual than sudden.

The emerging financial architecture is unlikely to involve the dollar suddenly disappearing. A more realistic possibility is a gradual expansion of regional currencies, alternative payment systems and commodity-linked settlement alongside the existing dollar system.

What to Watch

1. The final details of the new U.S. sanctions package.

2. Whether Washington actually imposes secondary sanctions on major Iranian trading partners.

3. China's response, given its importance as a buyer of Iranian oil.

4. Developments surrounding the Strait of Hormuz and global oil shipments.

5. Whether Iran attempts to expand non-dollar settlement arrangements.

6. Whether other countries increase use of alternative payment systems to avoid exposure to U.S. sanctions.

7. Whether the rial stabilizes or continues toward further record lows.

8. Whether oil prices remain contained despite the continuing disruption.

Bottom Line

The Iran sanctions escalation is about much more than punishing Tehran.

It is becoming a test of the intersection between oil, currencies and the dollar-based financial system.

Iran's rial has fallen to approximately2.02 million per dollar, while Washington is preparing broader sanctions and threatening consequences for countries that continue doing business with Tehran.

At the same time, the Strait of Hormuz remains a critical vulnerability for the global energy system, while markets are watching whether additional sanctions create another disruption to oil supplies.

• For the United States, the challenge is balancing two objectives:

Use the dollar's financial power to pressure Iran—without creating an energy shock that damages the global economy.

• For the rest of the world, another question is emerging:

How much dependence on the dollar-based financial system is strategically acceptable when access to that system can become a geopolitical tool?

That is why the Iran conflict belongs in the global financial-reset conversation.

The next major move may not come from a central bank—it may come from the intersection of sanctions, oil flows and the world's dependence on the dollar-based financial system.

Sources

• Reuters — Reuters Morning Bid: “Carney ride”

• ABC News / Associated Press — Iran's rial currency hits new record low as U.S. prepares to announce more sanctions

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Monday Iraq News Posted by Tishwash at TNT 8-24-2026

TNT:

Tishwash:  Al-Halbousi affirms Parliament's readiness to support financial inclusion

Speaker of Parliament Hebat al-Halbousi and First Deputy Speaker Adnan Faihan al-Dulaimi discussed, in two separate meetings, with the Governor of the Central Bank, Nizar Nasser Hussein, ways to enhance financial and monetary stability and develop the performance of the banking sector in the country.

A statement issued by the media office of the Speaker of Parliament indicated that Speaker Halbousi received the Governor of the Central Bank and his accompanying delegation to discuss monetary policy and prospects for developing the financial system.

The Speaker affirmed his support for the Central Bank's vision for modernizing legislation related to banking operations, expressing Parliament's readiness to support the necessary legislative amendments to accelerate digital transformation and expand financial inclusion, thereby reducing cash transactions and enhancing transparency, as well as combating money laundering and corruption.

In a separate meeting, attended by the Chairman of the Parliamentary Finance Committee, Uday Awad, the First Deputy Speaker of Parliament, Adnan Faihan al-Dulaimi, received the Governor of the Central Bank to discuss economic matters and address current challenges.

Faihan stressed the importance of adopting a balanced monetary policy based on a proactive vision capable of dealing with risks away from immediate solutions, in a way that preserves the strength of the national currency and supports confidence in the banking sector, stressing the Council’s keenness to provide the necessary legislative and regulatory cover to protect the national interest and market stability.  link

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Tishwash:  The Federal Ministry of Finance invites a delegation from Kurdistan to Baghdad to discuss the region's share of the budget.

Member of Parliament’s Finance Committee, Ikhlas al-Dulaimi, announced on Sunday that the Federal Ministry of Finance had sent an official request to the Kurdistan Regional Government to send a delegation to Baghdad to discuss the region’s share in the 2027 general budget law.

Al-Dulaimi, a member of the Democratic Party bloc, said, "The region's share in the budget law has become 14% according to the latest statistics from the Ministry of Planning, and we seek to have a real study of the region's situation in the budget law."

She added that "the region has not received investment budgets or operational budgets throughout the previous years, but only salaries, and there were many problems with it."

She continued: "The Kurdistan Region is seeking to receive its full rights, just like the other provinces," stressing that "the region has handed over all oil and non-oil revenues to the federal government."  link

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Tishwash:  With the participation of 250 trainees, the Central Bank discusses the outcomes of the national and mutual evaluation.

Baghdad - Media Office,   August 23, 2026

The National and Mutual Assessment Team for Money Laundering and Terrorist Financing Risks at the Central Bank of Iraq organized a specialized training workshop entitled “Outputs of the National and Mutual Assessment,” based on the outputs of the action plan recommended by the Financial Action Task Force (FATF).

The workshop was attended by more than 250 trainees, including a number of employees from banking and non-banking financial institutions, with the aim of enhancing their practical capabilities in the procedures recommended by the Financial Action Task Force (FATF) and the application of preventive measures regarding the most influential predicate offenses in the Iraqi economy, and identifying, assessing and managing the risks associated with money laundering, terrorist financing and the financing of arms proliferation.

The training program included an explanation and discussion of a number of key topics, including the results of the national risk assessment, in addition to the outputs of the action plan and the recommended procedures, exploring ways to improve the number and quality of reports, examining mechanisms for implementing enhanced due diligence towards persons exposed to risks by virtue of their position, as well as managing the risks of terrorist financing and the associated risk indicators.

The program included the use of practical cases and applied questions to enable participants to employ theoretical concepts in the work environment, and to enhance their ability to analyze risks and take appropriate action according to the level of risk.

This program stems from efforts to raise the efficiency of relevant authorities and enhance their ability to meet imposed obligations, based on the provisions of the Anti-Money Laundering and Counter-Terrorism Financing Law No. (39) of 2015, and in line with international standards and the recommendations of the Financial Action Task Force (FATF), and in a way that contributes to enhancing the effectiveness of the anti-money laundering and counter-terrorism financing system and creating a unified understanding in Iraq.  link

Tishwash:  To maintain the strength of the currency, Fayhan calls on the central bank to refrain from knee-jerk reactions.

The First Deputy Speaker of the House of Representatives, Adnan Faihan, stressed today, Sunday (August 23, 2026), the need to deal with economic risks and challenges, away from immediate solutions and reactions, in a way that enhances market stability and maintains the strength of the national currency, indicating the parliament’s keenness to support policies and procedures aimed at enhancing financial stability.

The media office of the First Deputy Speaker of Parliament said in a statement received by 964 Network that “the First Deputy Speaker of the House of Representatives, Adnan Faihan, received today, Sunday, in his office, the Governor of the Central Bank of Iraq, Nizar Nasser, in the presence of the Chairman of the Parliamentary Finance Committee, Uday Awad, to discuss a number of economic and monetary files, and to discuss ways to enhance financial and monetary stability, in order to contribute to supporting the national economy and facing current challenges.”

According to the statement, Faihan stressed “the importance of adopting a balanced and effective monetary policy based on a proactive vision capable of anticipating changes and dealing with economic risks and challenges, away from immediate solutions and reactions, in a way that enhances market stability, maintains the strength of the national currency, and supports confidence in the banking sector.”

Faihan expressed “the Council’s keenness to support policies and procedures aimed at enhancing financial stability, and providing the necessary legislative and regulatory cover to address economic challenges in accordance with a clear vision and in line with the requirements of the national interest.”  link

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Tishwash:  Iraq Finance Committee and CBI Discuss Crisis Resolution Strategies

At a Glance

Iraqi Parliamentary committee hosted CBI officials over the financial crisis.

Discussions focused on optimizing deficit-financing strategies and engineering proactive economic crisis solutions.

Agenda items included addressing public sector payroll delays, inflation metrics, and foreign exchange reserves.

The Iraqi Parliamentary Finance Committee hosted Central Bank officials on Sunday to discuss strengthening monetary policy, financing the budget deficit, and implementing reforms to resolve the financial crisis.

Key Statement and Focus Area

Lawmaker Uday Awad Kadhim stressed “the importance of establishing advanced mechanisms to strengthen monetary policy, support financial and monetary stability, and work on maximizing revenues to help boost the country's financial economy.”

The CBI Governor provided a detailed explanation regarding the bank’s direction in monetary policy for the upcoming fiscal years.

Uday Awad Kadhim chaired a meeting of the Finance Committee, during which the Governor of the Central Bank of Iraq, Nizar Nasser Hussein, the Deputy Governor, Shaimaa Abbas, and the senior staff were in attendance.

The high-level session focused on evaluating monetary frameworks, optimizing deficit-financing strategies, and engineering proactive fiscal solutions to navigate the ongoing economic crisis.

The committee reviewed inflation metrics, foreign exchange reserves, and the underlying factors causing public sector payroll delays.

The lawmakers evaluated the Central Bank’s revenue-generation strategy, foreign currency auction data, local exchange rates, and subsidized dollar distribution channels for travelers.

Additionally, the committee examined mechanisms for financing the budget deficit, including the possibility of lending to the government or discounting treasury bills to finance the deficit, along with its impact on the monetary system and the national economy.

The committee also examined deficit-financing options like government lending and treasury bill discounting to assess their impact on the national economy.

During the meeting, the CBI Governor detailed the bank’s monetary policy direction for upcoming fiscal years, outlining “mechanisms to maintain monetary stability, manage liquidity, and enhance the role of the policy interest rate, explaining the impact of monetary policy on economic activity and the importance of a gradual transition to support the real economy.”

Discussions examined banking sector development and structural economic reforms to bolster financial stability.

The panel further analyzed the Central Bank’s 2025 fiscal records to verify reserve sustainability and strengthen economic resilience.

FYI

Iraq is experiencing a severe fiscal crisis, shifting from a budget surplus to a 21.24 trillion IQD deficit in the first half of 2026. 

This shortfall stems from regional disruptions in the Strait of Hormuz, which have bottlenecked southern crude oil exports. Consequently, falling revenues have caused lengthy public sector salary delays and widespread market stagnation. 

While some officials are pushing for emergency measures like printing money, experts warn this could destabilize the country's current inflation rate. 

Earlier, Lawmaker Dilan Ghafoor told Channel8 that the Iraqi Council of Representatives will conduct the reading of the Borrowing and Grants Bill of 2026, which defines the borrowing authorities of the Prime Minister and the Minister of Finance.

The Iraqi government is also reportedly seeking to pass a bill to delete zeros from the currency, aiming to restore liquidity to banks and activate the electronic system for financial transactions in the country.  link

News, Rumors and Opinions Monday 8-24-2026

Majeed KSA: RV Summary as of 23rd August 2026

RV summary:

– The name of the last two nominees left to fill up the cabinet, were sent to the Prime Minister’s office last night.

– US treasury squeezed Iran by the balls… the economy is so bad in Iran, Iran started crawling for any way to get money through any neighboring country especially Iraq and keep kissing Iraq’s a*s in order to get something… but the Prime Minister keep giving them the middle finger.

– US treasury promises hell on Iran this week… it will be a historical collapse to this regime.

– CBI implemented advanced mechanism to control liquidity also to strengthen the currency value and increased trust in banks.

– Prime Minister of Iraq, insist that Iraq is moving forward with the neighing country and ignoring any obstacle…

– This week, council of minister will approve ASYCUDA agreement that was reached between Kurdistan and Iraq.

Iraq stopped selling more dinar to the international market and instead they’re asking the international market to return stolen funds that is held in an offshore accounts.

Many Websites that sells Iraqi dinar have officially stopped, and many currency exchange places putting people on waitlist to get dinar because it’s hard to get a hold of it.

Except on banknote world website they are still selling you whatever you want. Because that’s an old website and maybe they have big inventory.

The New Region:Iraq has formed a special committee to contact authorities in other countries where stolen funds are suspected to be held, with Lebanon sticking out as the main destination in question, an official said Sunday. https://thenewregion.com/posts/6309

Bingo.

Prime Minister’s Security Advisor Qassim al-Araji: “Al-Zeidi will not be nominated for a second term and is the man of the current stage”

– One week ago, the minister of communication in Iraq exposed the decision to delete three zeros.

– Today I gave “RV summary” read it.

– In a few hours US treasury will launch a historical hell on Iran.

Convince me we’re not close, I dare you… i’m waiting.

Source(s):
• https://x.com/majeed66224499/status/2091614270567887266

https://dinarchronicles.com/2026/08/23/majeed-ksa-rv-summary-as-of-23rd-august-2026/

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

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

Militia ManThe plan is too far along to reverse at this stage.  Big business is not waiting for perfect political optics.  The systems track, the banking, payments, customs, gas capture, standardization, performance, budgeting, all those things are still advancing at the same time.  The so-called experts are not telling you this...They don't mention it when they talk about redenomination...If I ever believed it was going to be a 'reverse split' I wouldn't here...

Jeff  The amount of dinar right now presently around the world is 136 trillion....Is the dinar outside [Iraq] usable for anything?  Hell no it's not.  So, does the central bank give two shits about it?  Absolutely not...Why?  It's not usable, can't be used for anything outside of Iraq...The United States has about half of Iraq's money supply.  Can the US do anything with it? Nope...The Central Bank only cares about how much dinar is physically within the country of Iraq.  It's roughly 20 to 40 trillion.  [Post 1 of 2....stay tuned]

Jeff When they delete the zeros the money supply changes...to 20 to 40 billion which is a perfect amount.  Now, What are all these countries going to do with unusable, unrecognizable currency? They're using it to asset back.  It's called Basil III compliance to asset back or strengthen their own country's physical currency because Basil III says countries can strengthen the value of their country's currencies with both precious metals and physical currency notes...The central bank doesn't care about the dinar outside of Iraq.  They only care about the dinar that remains in-country. [Post 2 of 2]

THE SYSTEM IS FAILING: Take Back Control Before It’s Too Late | Robert W. Malone, M.D., M.S.

Liberty and Finance:  8-22-2026

Robert W. Malone, M.D., M.S. believes greater self-reliance - from growing your own food to understanding the monetary system - can help individuals regain personal sovereignty.

 The conversation explores inflation, fiat currency, central banking, financial manipulation, and the potential consequences when the current monetary system reaches its limits.

Malone also examines psychological warfare, information manipulation, centralized power, and how these forces can shape what people believe and how they behave.

His central message is urgent but ultimately positive: don’t become a victim - take responsibility, build community, and become more self-sufficient and autonomous.

https://www.youtube.com/watch?v=f34hz5pD4Wc

Iraq Economic News and Points To Ponder Monday Morning 8-24-26

Iraqi Hopes For Removing Zeros From The Dinar To Combat Corruption

Baghdad   Ahmed Eid   The proposal to remove zeros from the Iraqi dinar has brought back to the forefront a wide debate about the reality of the project, the possibility of its implementation, and the results that it can achieve, especially with its connection to returning hoarded funds to the banking system and revealing some of the funds resulting from corruption, in addition to questions about its impact on inflation, the value of the dinar, and purchasing power.

The debate gains even greater importance with the sheer volume of currency in circulation in Iraq, as the value of the currency issued by the Central Bank exceeds 101 trillion dinars (about 77 billion US dollars), of which more than 94 trillion are in circulation among the public, compared to about 7.3 trillion dinars held by banks.

The debate centers on the extent to which removing zeros and replacing the currency will encourage those with large sums to pass their money through banking channels and subject it to verification of its sources, which may help in uncovering corruption funds, versus questions about the economic feasibility of the project, its cost and risks, and whether it is actually able to address inflation and enhance the value of the dinar.

Days after Communications Minister Mustafa Sanad declared that the decision to remove zeros and change the currency had been finalized, linking it to the release of hoarded funds and the handling of approximately eight trillion dinars he claimed were looted, the government denied the existence of any official decision in this regard. Ministry spokesperson Haider al-Aboudi stated that the Cabinet had not made a decision to remove zeros, nor had the Central Bank made a similar decision, emphasizing that the matter requires legislation from Parliament.

To date, the Central Bank has not announced an implementation plan or a timeline for initiating the process, leaving the project still under discussion and not yet a binding decision.

In this context, Ahmed Rashid, a member of the Finance Committee in the House of Representatives, said that the project to remove zeros, if it proceeds, should be seen as part of a broader path to reform the financial and banking system, to contribute to returning some of the funds hoarded outside banks to official channels, especially if the currency replacement process is accompanied by clear banking and regulatory controls.

Rashid added, in an interview with Al-Araby Al-Jadeed, that replacing large amounts of cash will require huge sums to pass through banks and authorized entities, which could provide an opportunity to verify the sources of large sums in accordance with the laws in force to combat money laundering and corruption, and help regulatory bodies to monitor transactions and funds whose sources are suspected.

He stressed that removing zeros does not automatically mean recovering looted funds without legal procedures and investigations, noting that a project of this size needs a suitable economic environment and an in-depth study involving the Ministry of Finance, the Central Bank, the Financial Control Bureau and the Parliamentary Finance Committee, before it is formulated into a draft law and presented to the House of Representatives.

Rashid explained that the project is still under discussion and has not yet reached Parliament in a legislative form, indicating that removing zeros should not be presented as a standalone solution to economic problems or a means to increase purchasing power, as its results remain linked to the accompanying fiscal and monetary policies.

For his part, banking expert Abdul Rahman Al-Sheikhli believes that removing three zeros from the dinar is technically possible, but its success depends on the availability of a stable economic and monetary environment, foremost among which is the stability of the exchange rate and reducing the gap between the official and parallel rates. He stressed that removing zeros does not in itself mean an increase in the real value of the dinar or an increase in the purchasing power of the citizen.

 Al-Sheikhli explained to Al-Araby Al-Jadeed that changing the currency does not change the size of the wealth or real income, as the prices of goods, salaries, deposits and debts will change in parallel.

Therefore, betting on removing zeros to raise the value of the dinar may give an unrealistic impression of the results of the process, in addition to the financial cost resulting from printing the new denominations, withdrawing the old currency and updating banking and accounting systems.

He stressed that removing zeros does not represent a cure for inflation, because controlling rising prices is linked to managing liquidity, public spending, monetary policy, and levels of production and imports.

Therefore, the success of the experiment requires addressing these factors before implementing the process, and not relying on removing zeros to address them.

Al-Sheikhli warned that choosing an inappropriate time could disrupt pricing, contracts, and bank accounts, and increase demand for the dollar out of anxiety or speculation.

 He pointed out that the true feasibility of the project should be measured by what it achieves in facilitating transactions and reducing the cost of handling and managing a huge amount of cash, and not by the number of zeros that disappear from banknotes. 

For his part, economist Ziad Al-Hashemi believes that removing zeros, if coupled with currency replacement within a sound monetary plan, could give the central bank greater ability to control the money supply and bring back some of the money circulating outside official channels into the banking system, thus reducing the scope of illicit money movement within the economy.

Al-Hashemi explained to Al-Araby Al-Jadeed that the success of this mechanism depends on the state’s ability to prevent those who have acquired funds from corruption from converting them during the transitional period into other assets, such as real estate, dollars, or gold.

He pointed out that subjecting large purchase and transfer operations to scrutiny of the sources of funds can narrow the avenues for recycling that liquidity, but it does not eliminate it entirely.

Al-Hashemi pointed out that the success of the operation in curbing illicit funds is not related to the removal of zeros in itself, but rather to the design of the exchange period and the restrictions imposed on the movement of funds during it, warning that announcing early, ill-considered procedures may give owners of illicit liquidity an opportunity to convert it into dollars, gold, or real estate before the exchange begins.  August 22, 2026 | Last updated: 03:03 (Jerusalem time)

https://www.alaraby.co.uk/economy/تعويل-عراقي-على-حذف-أصفار-الدينار-لملاحقة-الفساد

Al-Shiqr: Eliminating Zeros From The Currency Is A Worthless Step Unless The Iraqi Dinar Is Pegged To The Dollar

Iraq Al-Hadath Satellite Channel   @iraqlhadath

  Translated from Arabic

Al-Shiqr: Eliminating zeros from the currency is a worthless step unless the Iraqi dinar is pegged to the dollar.

#Iraq_Events_For_Every_Event #Wherever_You_Are_We_Are ,

Follow us via frequency H10891 / 27500

https://x.com/iraqlhadath/status/2091259646019330355

 Video Translation below:4m

Greetings to you and to our dear colleagues, and greetings to brother Mustafa Sanad as well.

Yes.

He explained a matter—strictly speaking, it falls outside the scope of the Communications sector, but in Iraq, he is a member of the Council of Ministers, so he has the right to discuss any topic.

Yes.

So, I don't believe he spoke outside the scope of his duties.

Right.

However, what he revealed is that there is indeed a committee carefully studying the concept of—what is called—"dropping the zeros"; I actually dislike that term.

Dividing by 1,000.

25,000 becomes 25 dinars.

Right.

So, 1,000 dinars becomes 1 dinar.

A dinar.

And 500 dinars becomes, say, 500 fils, and so on.

Yes.

I think it’s a good idea. For the record—as the Secretary-General of the Najah Center—where is the camera here?

It’s clear, Doctor.

We first raised this issue back in 2018. The key point we proposed was issuing a new Iraqi dinar backed by gold, or pegging the dinar to a basket of foreign currencies.

That was the key point.

The dollar and the pound...

The dollar, the pound, and the euro—exactly. That was the main point: what is the benefit if 1,000 dinars simply becomes 1 dinar, yet the market value of the dinar remains the same?

We want to strengthen the economy.

Strengthening the economy depends on...

All economists know this: pegging the local currency's exchange rate to the dollar.

Right.

So, I did something that might have an impact.

Before that, Doctor—who would allow Iraq to just go ahead and drop the zeros?

Dropping three zeros to leave just one dinar?

What is the benefit?

If you haven't coordinated with the US Federal Reserve or the US Treasury, what is the benefit? There’s no real benefit.

I mean, what’s the point of getting 25?
If you set it at 25 dinars, and tomorrow it hits 60, then there’s no difference at all.

Well, the point is that once you peg the dinar’s rate, you’ll see the difference relative to the US dollar.

I can actually give you a copy of this—here you go, if you’re interested.

I.

It shows three neighboring Arab countries.

Right, let’s move on to the policy aspect.

Sure.

So, the red line represents the Jordanian currency.

This covers the period from 1975 to 2005—that’s 50 years.

It’s clear.

Regarding that red line: they had currency issues—fluctuations—but in 1990, they decided to peg it to the dollar.

Throughout that entire period, it was a straight line—no changes whatsoever.

From 1990 to the present—exactly.

The Jordanian dinar itself.

What is the blue line? The UAE?

The year 1980.

They pegged the currency; it became a straight line—no fluctuations.

From 1980 to the present; and Saudi Arabia did the same, up until around 1990.

They pegged it, and it became a straight line.

This is the goal of the Central Bank of Iraq.

Iraq: we’ll cross that bridge when we come to it.

My dear...

https://x.com/iraqlhadath/status/2091259646019330355

Seeds of Wisdom RV and Economics Updates Monday Morning 8-24-26

Good Morning Dinar Recaps,

When High U.S. Yields Stop Supporting the Dollar: Debt, Treasury Policy and a New Currency Warning

The traditional relationship between higher U.S. interest rates and a stronger dollar is being tested as investors increasingly focus on the size of U.S. debt, Treasury intervention and the long-term credibility of the fiscal position.

Overview

• The U.S. dollar is near multi-month lows even as long-term Treasury yields remain historically elevated, challenging the assumption that higher yields automatically attract stronger demand for dollars.

• The Treasury has doubled planned long-duration bond buybacks to at least $4 billion per operation, signaling increased sensitivity to elevated borrowing costs and stressed long-end Treasury markets.

• Gold and the Chinese yuan are gaining attention as investors reassess currency and sovereign-debt risk, creating a potentially important new phase in global financial diversification.

Key Developments

1. Higher Treasury yields are no longer translating cleanly into a stronger dollar

For years, one of the basic relationships in global finance has been relatively straightforward:

Higher U.S. yields → greater demand for Treasury assets → greater demand for dollars.

That relationship is now becoming less reliable.

The dollar began this week near multi-month lows, even while long-term U.S. borrowing costs remain elevated. Reuters reports that investors are increasingly concerned about the combination of ballooning U.S. debt, fiscal deficits and Treasury intervention in the bond market.

That does not mean investors have lost confidence in the dollar.

It means the market is beginning to weigh the reason yields are high.

If yields rise because the U.S. economy is strong and the Federal Reserve is tightening policy, that can support the dollar.

If yields rise because investors demand greater compensation for inflation, fiscal risk and enormous government borrowing, the currency response can be very different.

That distinction is becoming increasingly important.

2. Treasury intervention is sending a powerful signal

The Treasury recently announced that it would double the size of certain long-term Treasury buybacks from $2 billion to at least $4 billion per operation. Treasury Secretary Scott Bessent has also indicated that the size could eventually be increased further.

The stated objective is to improve liquidity in the long-end of the Treasury market.

But the market is also interpreting the move as evidence that Washington is increasingly concerned about elevated long-term borrowing costs.

The problem is scale.

The U.S. Treasury market is approximately $32 trillion, making a $4 billion operation relatively small compared with the overall market. Reuters reports that investors nevertheless viewed the announcement as significant because of the signal it sends about Treasury policy.

The question is therefore not simply whether the buybacks can move yields.

It is whether markets begin to believe that Treasury policy is increasingly being used to manage financial conditions.

3. The $40 trillion debt problem remains underneath the market

The deeper issue cannot be solved through a bond buyback.

U.S. government debt has now moved above $40 trillion, while persistent fiscal deficits continue to require enormous amounts of new Treasury issuance. Reuters notes that the structural imbalance remains a major reason long-term borrowing costs are under pressure.

That creates a difficult feedback loop:

More debt → more Treasury issuance → higher interest expense → greater borrowing requirements → more debt.

At some point, investors begin paying closer attention not just to the yield they receive, but to why the yield is necessary.

That is where the dollar becomes part of the story.

4. The dollar is becoming the release valve

This may be the most important development for global financial-reset watchers.

Reuters reported Monday that analysts see Treasury efforts to support long-duration bond prices as potentially shifting pressure toward the dollar. The dollar has already weakened against gold and bitcoin, while the yuan is approaching a 3½-year high.

In other words, if Washington succeeds in containing long-term Treasury yields without addressing the underlying fiscal pressures, investors may increasingly ask:

Where does the pressure go instead?

One possible answer is the currency.

A weaker dollar can make U.S. financial conditions somewhat easier by reducing the real burden of dollar-denominated debt, but it also makes imports more expensive and can increase inflationary pressure.

That creates a difficult policy balancing act.

5. Gold and the yuan are becoming part of the conversation

The significance of gold's strength is not that it is replacing the dollar.

Rather, gold provides an asset outside the liability structure of any single government.

That becomes more attractive when investors are uncertain about inflation, debt sustainability or currency policy.

The Chinese yuan presents a different challenge.

Reuters reports that the yuan has recorded eight consecutive weekly gains and is trading near its strongest level in approximately 3½ years.

China is not replacing the dollar as the world's reserve currency.

But if the dollar becomes less dominant at the margin while the yuan becomes more widely used in trade and settlement, the global monetary system can become more diversified without undergoing a sudden currency replacement.

That is a much more realistic way to think about a potential financial reset.

Why This Matters

The important development is not simply that the dollar is weak today.  It is that the traditional relationship between Treasury yields and the dollar is becoming more complicated.

Markets are increasingly distinguishing between:

Higher yields caused by strong economic growth

and

Higher yields caused by rising fiscal, inflation and debt risk.

That distinction could become increasingly important as governments around the world carry historically large debt loads.

The United States is not alone.

Reuters notes that long-term borrowing costs have also risen substantially in Japan and Europe, as governments face increased borrowing needs for defense, social spending and economic investment.

This makes the issue global rather than uniquely American.

Why It Matters to Foreign Currency Holders

For foreign-currency holders, this is one of the most important relationships to watch.

A global financial reset does not necessarily require the dollar to collapse or another currency to suddenly replace it.

Instead, the transition could occur through gradual diversification:

• More trade settled in regional currencies

• Greater central-bank gold holdings

• Increased use of the yuan in international commerce

• Reduced reliance on any single reserve asset

• Greater sensitivity to government debt levels

• More competition between sovereign currencies

If markets increasingly separate high yields from dollar strength, currency valuations could become more dependent on fiscal credibility, trade balances, commodity flows and geopolitical relationships.

Implications for the Global Financial Reset

• The bond market and currency market are becoming more tightly connected.

The Treasury market is no longer simply about interest rates. Debt sustainability is increasingly influencing currency expectations.

• Treasury intervention could become an important new policy tool.

If buybacks expand beyond the current $4 billion level, markets will be watching whether Washington is beginning a more active approach to managing long-term borrowing costs.

• The dollar may face pressure even without a traditional financial crisis.

A gradual weakening caused by fiscal concerns would look very different from a sudden dollar collapse—but could still encourage diversification.

• Alternative stores of value become more important.

Gold's role becomes more significant when investors are questioning both inflation and sovereign debt.

• A more multipolar monetary system becomes easier to envision.

The dollar can remain dominant while the global financial system becomes less dollar-exclusive.

What to Watch Next

1. The dollar's reaction to continued elevated Treasury yields.

2. Whether Treasury expands its long-duration buybacks beyond the current $4 billion level.

3. The 30-year Treasury yield, which remains around historically elevated levels.

4. Federal Reserve Chair Kevin Warsh's comments at the Jackson Hole symposium.

5. Whether gold continues gaining against the dollar.

6. Whether the yuan's recent strength continues.

7. Whether foreign investors reduce or increase their demand for long-term U.S. debt.

8. Any evidence that Treasury policy is moving from liquidity management toward broader yield management.

Bottom Line

The most important signal today is not that the dollar is weak.

It is that the dollar is weakening while U.S. long-term yields remain unusually high.

That breaks the simple assumption that higher Treasury yields automatically produce a stronger currency.

The underlying issue is the market's growing focus on what those yields are telling us about U.S. debt, inflation and fiscal policy.

Treasury buybacks may provide short-term liquidity and help calm the bond market, but they do not eliminate the underlying fiscal imbalance.

For the global financial system, that creates a potentially important new phase:

The question may no longer be simply how high U.S. yields can go. It may be whether the United States can maintain high yields, massive borrowing and a strong dollar at the same time.

And if those three pillars begin moving in different directions, global investors may accelerate the search for alternative stores of value, currencies and settlement systems.

That is where today's Treasury story becomes much larger than the bond market.

It becomes a story about how the world's financial system prices U.S. debt—and ultimately, the dollar itself.

Seeds of Wisdom Team

Newshounds News 

Sources

• Reuters — Dollar trading near multi-month lows, restrained by debt nerves

• Reuters — Bonds bounce on U.S. buybacks, but relief may be brief

~~~~~~~~~~

🌱 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

~~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

RV Facts with Proof Links Link

RV Updates Proof links - Facts Link

Start Here room with Most Asked Questions Link

Follow the Gold/Silver Rate COMEX

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Thank you Dinar Recaps

Iraq Economic News and Points To Ponder Late Sunday Evening 8-23-26

Al-Abadi On The Anniversary Of The Founding Of Iraq: Sovereignty, Institutions, And Justice Are The Criteria Of A True State

Baghdad - One News - 8/23/2026   On the anniversary of the founding of the modern Iraqi state, Haider al-Abadi, head of the Victory Coalition, affirmed that building a state is not completed by the date of its declaration or by the passage of time since its establishment, but rather by its ability to protect its sovereignty, preserve its institutions, and achieve justice for its citizens.  

He stressed that the desired Iraq is a state strong in its institutions, independent in its decisions, and balanced in its relations.  

Al-Abadi said in a post on the “X” platform that the anniversary of the founding of the modern Iraqi state brings to mind the fact that Iraq “was never just borders drawn by geography,” but rather an ancient state that carried the legacy of civilizations that contributed to the making of history.  

He added that building a state is not completed merely by recalling its founding date, but rather by its ability to protect its sovereignty, preserve its institutions, and achieve justice for its citizens, which makes the strength of the state linked to the effectiveness of its institutions and the independence of its decision.  

Al-Abadi pointed out that the Iraq that should be worked for is “a strong state with its institutions, independent in its decisions, balanced in its relations, and confident in its people and its future.”  

The head of the Victory Coalition concluded his statement by emphasizing the priority of Iraq and the state, saying: “Iraq comes first, and the state is above all.”   https://1news-iq.net/العبادي-في-ذكرى-تأسيس-العراق-السيادة-و/

Iraq Loses Over $30 Billion In Reserves Amid Regional Tensions: Cbi

The remarks came during a meeting Nasser held with the parliament’s finance committee, where he said that Iraq’s dollar reserves had fallen from $109 billion to $77.5 billion.

ERBIL, Kurdistan Region of Iraq – Central Bank of Iraq (CBI) Governor Nizar Nasser on Sunday said that the country’s reserves have fallen by around $31.5 billion, as the Iraqi economy struggles amid regional tensions. 

The remarks came during a meeting Nasser held with the parliament’s finance committee, where he said that Iraq’s dollar reserves had fallen from $109 billion to $77.5 billion.  

He noted that the funds had mostly been used to pay civil servant salaries, a participant in the meeting told The New Region

Iraq has been facing a worsening financial crisis since the start of the US-Iran war, with the closure of the Strait of Hormuz massively cutting off Iraq’s main source of income: oil exports.  

The continuation of the war has sparked fears that the current measures the Iraqi government has implemented to make up for the decreased income cannot be seen as viable long-term solutions and that Baghdad will face difficulties paying civil servant salaries over the next few months.  

Nasser also touched on his monetary policy for the coming years, the preservation of financial stability, and cash management. 

In mid-July, the Iraqi parliament’s finance committee said it has completed a draft for a domestic and foreign borrowing bill to curb the economic crisis.  

In a televised interview in June, Iraqi Foreign Minister Fuad Hussein said that Baghdad has resorted to printing cash 25 percent more than its actual financial capacity amid a drop in revenues due to the Iran war, warning that a financial catastrophe awaits Iraq if the conflict continues until the end of the year.  

The CBI has reportedly pumped around 43 trillion dinars (~$32.8 billion) into the market by printing more banknotes, reaching into its reserves, and recovering embezzled funds.

https://thenewregion.com/posts/6307

  Iraq Sets $50–$60 Oil Price For 2027 Budget

At a Glance

•   Oil benchmark is set below market prices

•   Salaries and pensions remain protected

•   The Strait of Hormuz risks are complicating budget planning

•   A supplementary budget is possible if revenues rise

Iraq’s 2027 draft budget is being prepared with a conservative oil price benchmark as the government seeks to shield public finances from energy market volatility and regional geopolitical risks.

Key Statements and Focus Area

•   Mazhar Muhammad Saleh, Financial Advisor to the Prime Minister: The price per barrel in the 2027 draft budget is expected to range between $50 and $60.

•   Saleh on complications: tensions surrounding the Strait of Hormuz have complicated budget planning.

Saleh stated that the government has set the benchmark below current market prices as a precaution against potential declines in global oil prices.

The measure is intended to provide greater protection against energy market volatility and unexpected changes in Iraq’s oil revenues.

Public sector salaries, wages, allowances, and pensions have been designated as key priorities in the draft budget.

Social protection funds are also included among the government’s protected financial commitments.

The government has said it will not compromise on payments to wage earners and low-income groups under the 2027 budget.

About the risks of the Strait of Hormuz, Saleh said that the waterway is particularly important for Iraq because disruptions to maritime trade can directly affect the country’s ability to export crude oil and generate revenue.

Budget projections indicate that Iraq could resume exports of more than 3 million barrels per day once the Strait of Hormuz crisis is resolved.
The government is also preparing for the possibility of stronger-than-expected revenues during 2027.

If revenues increase substantially by the middle of the year, authorities will prepare a supplementary budget to finance additional expenditures.

Saleh described the 2027 budget as one of the most complex draft bills in Iraq’s history, citing the current regional conditions and associated economic risks.

FYI

Iraq relies on crude oil exports for roughly 90% of its total state revenue, making its entire economy and public sector payroll highly vulnerable to market fluctuations and transit bottlenecks.

According to the IMF and World Bank, Iraq's actual fiscal breakeven oil price, the selling price per barrel needed to balance the national budget without incurring a deficit, typically sits much higher, often between $80 and $90 per barrel.

Setting a low baseline price of $50–$60 per barrel in the budget is a standard risk-mitigation strategy to avoid structural spending shocks; however, if real-world prices or export volumes drop significantly below budget forecasts, Iraq historically relies on central bank reserves, domestic borrowing, or freezing public investment projects to plug the funding gap.

https://channel8.com/english/news/64323

Iraq Finance Committee And CBI Discuss Crisis Resolution Strategies 

Daban Mohammed

At a Glance

•   Iraqi Parliamentary committee hosted CBI officials over the financial crisis.

•  Discussions focused on optimizing deficit-financing strategies and engineering proactive economic crisis solutions.

•  Agenda items included addressing public sector payroll delays, inflation metrics, and foreign exchange reserves.

The Iraqi Parliamentary Finance Committee hosted Central Bank officials on Sunday to discuss strengthening monetary policy, financing the budget deficit, and implementing reforms to resolve the financial crisis.

Key Statement and Focus Area

•  Lawmaker Uday Awad Kadhim stressed “the importance of establishing advanced mechanisms to strengthen monetary policy, support financial and monetary stability, and work on maximizing revenues to help boost the country's financial economy.”

•  The CBI Governor provided a detailed explanation regarding the bank’s direction in monetary policy for the upcoming fiscal years.

Uday Awad Kadhim chaired a meeting of the Finance Committee, during which the Governor of the Central Bank of Iraq, Nizar Nasser Hussein, the Deputy Governor, Shaimaa Abbas, and the senior staff were in attendance.

The high-level session focused on evaluating monetary frameworks, optimizing deficit-financing strategies, and engineering proactive fiscal solutions to navigate the ongoing economic crisis.

The committee reviewed inflation metrics, foreign exchange reserves, and the underlying factors causing public sector payroll delays.

The lawmakers evaluated the Central Bank’s revenue-generation strategy, foreign currency auction data, local exchange rates, and subsidized dollar distribution channels for travelers.

Additionally, the committee examined mechanisms for financing the budget deficit, including the possibility of lending to the government or discounting treasury bills to finance the deficit, along with its impact on the monetary system and the national economy.

The committee also examined deficit-financing options like government lending and treasury bill discounting to assess their impact on the national economy.

During the meeting, the CBI Governor detailed the bank’s monetary policy direction for upcoming fiscal years, outlining “mechanisms to maintain monetary stability, manage liquidity, and enhance the role of the policy interest rate, explaining the impact of monetary policy on economic activity and the importance of a gradual transition to support the real economy.”

Discussions examined banking sector development and structural economic reforms to bolster financial stability.

The panel further analyzed the Central Bank’s 2025 fiscal records to verify reserve sustainability and strengthen economic resilience.

FYI

Iraq is experiencing a severe fiscal crisis, shifting from a budget surplus to a 21.24 trillion IQD deficit in the first half of 2026. 

This shortfall stems from regional disruptions in the Strait of Hormuz, which have bottlenecked southern crude oil exports. Consequently, falling revenues have caused lengthy public sector salary delays and widespread market stagnation. 

While some officials are pushing for emergency measures like printing money, experts warn this could destabilize the country's current inflation rate. 

Earlier, Lawmaker Dilan Ghafoor told Channel8 that the Iraqi Council of Representatives will conduct the reading of the Borrowing and Grants Bill of 2026, which defines the borrowing authorities of the Prime Minister and the Minister of Finance.

The Iraqi government is also reportedly seeking to pass a bill to delete zeros from the currency, aiming to restore liquidity to banks and activate the electronic system for financial transactions in the country.

https://channel8.com/english/news/64323

Rob Cunningham: Liberty at Machine Scale and the Stairway to Abundance

Rob Cunningham: Liberty at Machine Scale and the Stairway to Abundance

8-23-2026

What Does Liberty at Machine Scale Mean to Humanity?

We can’t begin to process the scope and scale of abundance humanity is soon to enjoy.

Imagine that today you own: $10 million of land.

The land may make you wealthy on paper, but you cannot send 0.003% of it across the planet at 2:14 AM, place it into an automated liquidity pool, use it for a three-hour secured financing transaction, retrieve it, pledge it elsewhere, or exchange part of its economic exposure against another asset.

Tokenization of all RWA changes the representation and mobility of that value.

Now expand this concept to: land + real estate + private equity + infrastructure + mineral rights + commodities + precious metals + intellectual property + receivables + equipment + financial securities + other legally recognized property rights.

This economic transformation can be summarized by one equation: Static Wealth → Programmable Productive Capital

That is much more consequential than merely digitizing ownership records.

Humanity may discover that what we historically perceived as a shortage of capital was partly a shortage of capital mobility.

We already possessed the land.

We already possessed the minerals.

We already possessed the buildings.

We already possessed the businesses.

We already possessed the inventions.

We already possessed the productive capability.

We frequently lacked a universal mechanism for turning those things into verifiable, divisible, interoperable, continuously mobile economic claims.

Tokenization doesn’t create the mountain.

It builds roads to the mountain.

We can’t begin to process the scope and scale of abundance all humanity is soon to enjoy.

STAIRWAY TO ABUNDANCE

There’s a world we inherited, sleeping in stone,
With a fortune beneath every road.
In the fields, in the mountains, the stories we own,
There is value that never could flow.

We counted our money,
But not what was real.
We measured the river
While damming its wheel.

Then somebody opened the gate.

And the earth became liquid,
The silent could speak.
A mountain found markets,
An acre found wings.

A fraction could travel
While ownership stayed,
And wealth that stood motionless
Entered the trade.

What if abundance was always here—
Waiting for a way to move?

Gold in the ground.
Homes on the street.
Ideas in a notebook.
Harvests of wheat.

Factories. Patents.
Businesses. Land.
The work of a lifetime
Held in human hands.

Not manufactured wealth.

Discovered wealth.

Not money from nothing.

Value made mobile.

And suddenly midnight
Was no longer “closed.”
No border could tell human value
Where value could go.

The markets kept breathing.
The engines stayed awake.
Machines searched for pathways
Humans couldn’t calculate.

Value met value.

Buyer met seller.

Collateral found capital.

And capital found creation.

Then something remarkable happened:

The question stopped being—

“Where will we find enough?”

And became—

“What will humanity build
when what we already have
can finally flow?”

Let the land become liquid
without selling the land.

Let the builder find capital
without losing his hands.

Let the inventor find markets.
Let the farmer find choice.

Let a billion forgotten assets
finally discover a voice.

Because wealth isn’t paper.

And wealth isn’t debt.

Wealth is creation
the ledger hasn’t recognized yet.

It’s sunlight and labor,
Copper and grain,
Human imagination
turning knowledge to gain.

It’s everything useful.
Everything true.
Everything humanity
can dream, make and do.

And when static wealth
becomes productive capital,

When trapped value
becomes programmable,

When ownership becomes divisible,

When markets become continuous,

When settlement approaches instantaneous,

When the whole world
can finally trade value
for value—

We may discover something
our age of scarcity
never permitted us to imagine:

We weren’t standing
at the end of prosperity.

We were standing
at its beginning.

So open the gates.

Let value flow.

Let humanity discover
the wealth it already owns.

And somewhere beyond
the old walls of scarcity,

A generation will look backward
and wonder why we ever believed Abundance was impossible.

– – the end – –

Godspeed to us all!

Watch on X:   https://twitter.com/i/status/2091182811818397790

Source(s):
• https://x.com/KuwlShow/status/2091161501541319093
• https://x.com/KuwlShow/status/2091182811818397790

https://dinarchronicles.com/2026/08/22/rob-cunningham-liberty-at-machine-scale-and-the-stairway-to-abundance/

We NEED A Gold Standard To Survive | Alasdair Macleod

We NEED A Gold Standard To Survive | Alasdair Macleod

Money Markets and more by Dominic Frisby:  8-23-2026

In this latest Money Markets and More, I sit down with monetary analyst Alasdair Macleod to discuss gold, fiat currency and why he believes we are rapidly approaching a point at which the monetary system as we know it can no longer survive without a return to gold.

Alasdair has spent decades studying financial markets, monetary history and the role of gold, and his argument is uncompromising: gold is money; pounds, dollars and euros are credit.

He believes confidence in fiat currencies is approaching breaking point and goes as far as to predict that the present system could be dead within the next 18 months.

 In his view, any currency that hopes to survive what comes next will ultimately have to become a credible substitute for gold through a proper gold standard.

From there, our conversation ranges from sterling, government debt and the fragility of bond markets to Japan, China and what a 21st-century gold standard might actually look like.

We discuss why Alasdair believes gold should be treated as the unit of account rather than something whose value is measured in depreciating currencies, why government debt eventually threatens the currencies supporting it, and why, if I gave him £100,000 today, his answer would simply be: gold.

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