Why Can't The Richest People’s Wealth Be Capped At A Certain Amount
When a great man makes 1 dollar for himself, he creates hundreds of times more value for the world, which is enjoyed by all the people.
Why Can't The Richest People’s Wealth Be Capped At A Certain Amount beyond which the government takes over to reduce growing inequalities?
When ‘Harry Potter and the Cursed Child’ authored by J K Rowling was released a few years ago, thousands of people stood outside the bookshops all over the world for hours to buy the book.
In the picture, we see the queues that stretch around the corner outside Waterstones in central London in the morning to buy the book[1].
No doubt the sale of books made ONE author rich, but did MILLIONS of readers not benefit also in the process?
Now, imagine that readers are told that only five of them would get the copy of the book since the total quota fixed for the sale of each writer is 100, i.e. the average books sold in the world.
Do you think, J K Rowling would have written such a book that could be sold only 100 copies or that she could get the royalty of only 100 copies?
Do you think that the people would have been happier, if only 100 people would be able to read the books written by even the best author and the rest had to read the books authored by the unknown other writers?
When poor or middle class people see the rich and successful people, they feel envy towards them since they too wished to become like them, but failed to be like them.
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Rising Bond Yields Are Creating A Problem For The US Banking System
Notes From the Field By James Hickman (Simon Black / Sovereign Man) October 13, 2026
In January 2021, two months before US inflation took off, a reporter asked Federal Reserve Chairman Jerome Powell how much inflation the Fed was willing to tolerate.
Powell acted like he'd never heard of inflation— like it was crazy to even ask. He dismissed the notion of inflation entirely and said it was "far away and unlikely."
US Panics as Bonds Collapse Forces a Global Monetary Reset
Sean Foo: 101302926
In a major move, Bessent just appointed Judy Shelton to the US Treasury. This appointment of a historic gold advocate shakes up the entire landscape for the US government eventually heading back to gold.
The global economic landscape is undergoing a monumental transformation, driven by shifting geopolitical alliances, rising national debt, and a growing distrust in traditional fiat currency.
Rob Cunningham: XRP is an Essential and Immutable Ingredient
10-13-2026
XRP: ESSENTIAL INGREDIENT OR “SHIT COIN”?
You cannot logically call something essential to a system worthless to that system.
Imagine building a worldwide highway system connecting every city, business, bank & household on Earth. You build the roads, bridges, tunnels, tollbooths & traffic controls.
Good Morning Dinar Recaps,
GLOBAL BANKING RESET WATCH: REGULATORS STEP UP AI AND CYBERSECURITY OVERSIGHT TO PROTECT FINANCIAL SYSTEMS
U.S. and European regulators are intensifying scrutiny of artificial intelligence and cyber threats as financial institutions face growing pressure to secure the technology supporting global banking and payments.
KTFA:
Clare: Exchange companies submit an urgent proposal to Al-Zaydi to launch an initiative for domestic and international money transfers.
10/12/2026
The head of the exchange companies syndicate, Diaa Al-Tai, announced the desire of exchange companies to launch an initiative to finance and implement internal and external money transfers for small traders, in accordance with the instructions of the Central Bank of Iraq and the controls it sets.
Emailed to Recaps~ Thank you David
Reset Intelligence: Why They Want the IQD Cut Reversed
By Reset Intelligence | @EXIT_FIAT
Iraq cut the IQD to 1,500 on October 7. On Sunday a bloc in parliament asked the Federal Supreme Court to throw that cut out.
The bloc is the one affiliated with Kataib Hezbollah, the armed faction that refused to put its weapons under the state.
A High-Level Delegation From The Kurdistan Regional Government Will Visit Baghdad Soon To Resolve Disputes Over The 2027 Budget
Baghdad - One News - 10/12/2026 A high-level delegation from the Kurdistan Regional Government intends to visit Baghdad in the next few days to hold talks with the federal finance minister regarding the region's share in the 2027 federal budget bill, amid ongoing disputes between the two sides over financial and oil issues.
Good Morning Dinar Recaps,
GLOBAL DEBT RESET WATCH: IMF WARNS AI MARKET RISKS AND RISING BOND YIELDS COULD THREATEN FINANCIAL STABILITY
The IMF's latest financial stability assessment warns that an AI investment correction, mounting government debt, rising bond yields, and cyber threats could expose vulnerabilities across the global financial system.
The Dinar Dominoes Are Falling….What's Next?
The Dinar Den: 10-12-2026
Recent financial analyses highlight significant developments in Iraq’s currency landscape, specifically focusing on the anticipated Iraqi dinar revaluation and comprehensive monetary reforms.
These shifts are designed to modernize the nation’s financial framework, establish greater stability, and pave the way for a more integrated global economic presence. Financial observers continue to monitor these changes closely as the government implements strategic policies to reshape its monetary future.
The Judiciary Recovers 4 Billion Dinars In A Case Of Financial And Administrative Corruption
Money and business Economy News — Baghdad The Supreme Judicial Council announced on Monday the recovery of 4 billion dinars in a case of financial and administrative corruption.
The Judicial Council, in a statement received by "Economy News", that "the Rusafa Investigation Court competent to consider issues of integrity and money laundering, recovered a financial amount of 4 billion Iraqi dinars for the benefit of Rafidain Bank."
America Got Rich on Competition, Then Legislated It Away
Notes From the Field By James Hickman (Simon Black / Sovereign Man) October 12, 2026
In 1938 the airline business was brand new— only 35 years had passed since the Wright brothers' first flight at Kitty Hawk. Hardly anyone had even seen an airplane. A coast-to-coast round trip cost about $260, half the price of a new car, so passengers were mostly very wealthy.
Rob Cunningham: The Transformation of the Global Monetary System
10-12-2026
XRP: The Transformation of the Global Monetary System
Wall Street Investment Banking.
Correspondent Banking.
Central Banking.
Fractional Reserve Lending. Global Payments.
Ariel: Iraqi Dinar Redenomination Sequence and the Q1 2027 Compression Window
10-12-2026
Short IQD Update: Iraqi Dinar Redenomination Sequence — The Denial Protocol, the Gold Position, and the Q1 2027 Compression Window
The This-Year Scenario & How It’s Actually Possible
Here’s the shortest path, and it’s cleaner than most realize:
Good Afternoon Dinar Recaps,
GERMANY FINANCIAL RESET WATCH: €723 MILLION BANK RESCUE EXPOSES RISKS BEYOND TRADITIONAL BANKING
Germany's largest recent cooperative-bank rescue highlights how real estate losses and investments outside conventional banking can threaten financial institutions, raising wider questions about credit risk and the resilience of Europe's banking system.
Parliamentary Finance: The Proposal Of The Salary Scale Law Will Be Presented Soon To The House Of Representatives
Money and business Economy News — Baghdad The Parliamentary Finance Committee said on Tuesday that the proposal of the salary scale law will be presented soon to the House of Representatives. The head of the Parliamentary Finance Committee, MP Adi Awad, said in a statement to the official newspaper: "The proposal of the salary ladder law will be presented soon in the sessions of the House of Representatives, after studying with specialists in financial and economic affairs."