Dollar in Freefall- Gear Up For The Greatest Economic Collapse
The Atlantis Report
Dollar in Freefall -- Gear up for the Greatest Economic Collapse.
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Before World War I, the American currency was supported by the gold standard, every one dollar note was a receipt for the same amount of gold that could be exchanged in the bank any moment you want.
Then, World War I started on July 28, 1914, and the US Congress passed the Federal Reserve Act of 1913 that allowed the debasement of the US currency.
Now, every 50 dollar currency note was backed by 20 dollars worth of gold that was almost 40% of the original value.
In 1936, Hitler annexed Czechoslovakia then two years later Austria, and finally, in September 1939, he ordered to conquer Poland that initiated World War II.
During the war, America, except minor skirmishes, was not practically into the Great War until the Operation Torch of conquering French Africa in November 1942, eleven months after the Pearl Harbor Attack.
During the unbiasedness period, America sold goods and services to European powers and acquired gold in exchange that devastated the global economic balance, and now the gold standard or gold transactions were not viable anymore.
At the end of the war, a new monetary system was introduced, which is called the Bretton Wood model.
This model allowed all Fiat currencies of the world except a few to balance against the US dollar currency while US 35 dollar claim bill was balanced by 1-ounce gold, this gave economic confidence and stability and pegged all currencies against US dollar and US dollar against gold and currency exchange rates were fixed that resulted into US economic boom.
Then the US started relentless printing of US dollars without any fixed gold ratio, French President Charles de Gaulle sensed it, and he asked America to trade in gold against dollar.
He sent dollars to the US and bought back his gold, other countries followed the French model, and within a couple of years, America lost 50% of its gold reserves.
Knowing that gold standard could not be maintained and could turn into a global economic disaster, President Nixon in August 1971 was forced to introduce a new economic model that converted all global currencies into fiat currency.
For the full transcript go to https://financearmageddon.blogspot.com
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ARE WE THERE YET
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IRAQ — THE CBI ADDRESSES DOLLAR SUPPLY
The Iraq Central Bank of Iraq issued a statement today saying Iraq has sufficient foreign reserves to meet demand for dollars for imports, card payments and travelers at the official rate.
Good Morning Dinar Recaps,
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You asked, we answered: Why Are Central Banks Moving Their Gold Reserves
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On 2 September, De Nederlandsche Bank (DNB) announced that it had transferred approximately 86t of gold from New York and Ottawa to London.1 The operation, conducted between March and August 2026, was designed to improve the liquidity and tradability of DNB’s gold reserves and strengthen its preparedness for severe crises.
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Money and business Economy News – Baghdad The Federal Integrity Commission called for activating the work of auditing and internal control in the implementation directorates to ensure periodic reports on the reality of work in each directorate, which contributes to the preservation of public money and the control of administrative procedures, and reduce the imbalances that may be conducive to the occurrence of corruption cases.
KTFA
Sunday Night Video
FRANK26….9-20-26…..FROM THE WTO TO MALIKI
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
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We discuss the long-term impact of leaving the gold standard in 1971, the massive U.S. debt and interest inflection point, and why central banks around the world are accumulating gold at a record pace.
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Schectman argues that BRICS is quietly building a parallel financial system through alternative payment rails, gold-backed settlement mechanisms, and local-currency trade, not necessarily a single BRICS currency.
Good Afternoon Dinar Recaps,
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Two forces are driving this evolution of the international monetary system. Amid rising geopolitical and geoeconomic fragmentation, policymakers are weighing economic efficiency against national security and strategic resilience. And digital innovation is lowering the cost of conducting transactions directly across currencies and financial networks.
TNT:
Tishwash: Iraq to New York: Al-Zaidi addresses the United Nations and a meeting with Trump is anticipated.
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WHAT’S HAPPENING
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Good Morning Dinar Recaps,
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Doing The Math: Interest Expense Is Going To $2 Trillion Annually
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It was January 2000. AOL had just announced it was buying Time Warner in what was then the biggest merger in history. Fourteen dot-com companies had bought Super Bowl ads, one of them starring a sock puppet that sold dog food. The US economy was growing at one of its fastest paces ever; GDP was up nearly 5% the year before— and that’s real growth, before adding inflation, which itself was just 1.4%.
CBI Counters Fears Over Dollar Supply
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KTFA
Saturday Night Video
FRANK26…9-19-26…..IT’S NOT WHAT THEY SAY…IT’S WHAT THEY DON’T SAY
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie and Omar in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
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In this interview with Jeremy Szafron, the Mises Institute senior fellow and author of The Skyscraper Curse explains why AI data centers are this cycle's record-breaking tower, why the bonds financing them run decades longer than the hardware, who gets stuck with the cost when a tenant stops paying, and why central banks no longer trusting each other is the best sign he has seen for gold.
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Good Afternoon Dinar Recaps,
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Emailed to Recaps: Thank you David
Reset Intelligence: The Precipice
The Precipice
By Reset Intelligence | @EXIT_FIAT
Iran threatened decisive war over the weekend, then did the quiet thing that matters: it sent Washington its terms through Qatar. All three conditions made public ask for money.
And in Baghdad, the central bank stood up in public to defend the price of the dinar as the street pressed 160,000.