News, Rumors and Opinions Saturday 8-22-2026
Ariel: Iraq’s Digital Currency Transition
8-21-2026
Convergence Events: Iran Militia Abandonment, Digital Currency Pivot, Midterm Contingency Protocol
Why Iran Walked Away:
The U.S. Treasury campaign Operation RIAL COLLAPSE (I made that up) ran for approximately 18 months. It was not a sanctions regime. Sanctions are public-facing and performative.
What Treasury executed was a systemic financial strangulation protocol. Working through Treasury’s Office of Foreign Assets Control, the Financial Crisis Enforcement Network, and a cooperative liaison with the Iraqi Central Bank’s newly digitized clearinghouse, the U.S. systematically identified and froze every secondary and tertiary financial channel Iran used to move currency.
Iraq’s Digital Currency Transition:
Iraq’s announcement that it is going digital is not separate from the U.S. Treasury campaign. It is the second phase of it.
The dinar has been manipulated for years through black-market currency auction operations run through the Central Bank of Iraq. The weekly currency auctions which were nominally managed to stabilize the dinar were in fact a mechanism through which billions of dollars were siphoned to militia networks, Iranian intermediaries, and corrupt Iraqi political figures. The auctions were a Cabal revenue pipeline.
Digitization kills this pipeline. A fully digital currency system with transparent ledger tracking makes the currency auction manipulation functionally impossible. Every transaction is traceable. Every intermediary is identifiable. Every siphon point is exposed.
This is what the user’s original analysis regarding the deletion of three zeros from the dinar connects to. The redenomination is not merely a cosmetic currency reform.
It is the replacement of the old manipulated dinar with a new digital instrument that carries no legacy baggage. The old dinar was the currency of corruption. The new digital dinar is the currency of accountability.
Read Full Article:
https://www.patreon.com/Prolotario1/posts/convergence-iran-167240113
https://dinarchronicles.com/2026/08/21/prolotario-iraqs-digital-currency-transition/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man 1310 is not a REER. 1310 is the current official exchange rate the Central Bank of Iraq uses for formal transactions. It is an administered rate, not a market determined one. A REER (Real Effective Exchange Rate) is different. It's a managed move that looks at the dinar's real value against a basket of currencies adjusted for inflation... The Iraqi dinar is not freely commercially traded on major global markets the way currencies like the euro, yen or pound are...1310 is not a Real Effective Exchange Rate...
Stephen For everyone wanting to poo-poo on the dinar investor and say, 'Look, they're telling us they're redenominating their currency. It's going to be a neutral event.' This is exactly what I always expected. If there was going to be a revaluation or reinstatement of Iraq's dinar to its former value or increase it to a dollar...it would be accompanied by talk of a redenomination...
Jeff They'll probably have 90 days to turn in large notes to get small ones. That's in-country. The 90-day expiration of the large notes will apply to everybody. When the rate changes we're all going to have 90-days to run them in. In Iraq they're going to get smaller notes. Outside of Iraq you're going to do a currency swap and get your country's native currency. In our case we'll be turning in large note to the dollar.
Are World's Elites About To DUMP Everything? | Michael Pento
Liberty and Finance: 8-20-2026
Michael Pento warns that multiple historic financial bubbles are now converging, with equities, real estate, credit, and leverage all reaching extreme levels simultaneously.
He argues that AI investment is increasingly fueled by debt and circular financing rather than organic cash flow, potentially creating another major vulnerability in the credit markets.
Pento predicts the next market crash could be extraordinarily severe, with stocks potentially falling 50% and home prices declining 25–30%, while banks and municipalities face mounting losses.
He also warns that the government and Federal Reserve may lack the balance-sheet capacity to respond as they have in previous crises, potentially producing rising long-term interest rates and prolonged stagflation.
Pento says investors should closely monitor credit spreads, real interest rates, financial conditions, and the Fed's balance sheet—and argues that gold and liquidity could become increasingly important.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Circular financing
6:55 Real estate bubble
13:50 Bank failures
18:00 Housing fraud or inflation fraud?
21:00 Hedging against crisis