Iraq Economic News and Points To Ponder Thursday Evening 7-3-25

The End Of Dollar Dependence Or The Beginning Of Censorship? The National Payments Project Raises The Question Of "Financial Sovereignty" - Urgent
 
Baghdad Today – Baghdad  In a pivotal step toward internal monetary independence, the Central Bank of Iraq (CBI) issued an official circular to all banks and electronic payment service providers 
announcing the commencement of the implementation of the National Card Scheme project.
 
This is a local payment system  managed through the national switchboard, completely separate from international platforms such as MasterCard and Visa.

The decision comes at a particularly sensitive time, following the Popular Mobilization Forces (PMF) salary crisis and sanctions imposed on several banks, amid indications that Iraq is shifting to a relatively closed monetary environment in the face of external pressures.
 
A national system that excludes international companies
 
According to a circular obtained by Baghdad Today, the Central Bank has ordered the launch of a local system for settling bank card payments within Iraq, without going through any international entity.
 
The circular outlined the need to adopt national codes such as BIN and AID to  identify payment cards and link them to the national switchboard, implicitly  eliminating any reliance on global payment networks such as Visa and MasterCard for local transactions.
 
The circular emphasized that this project  is "exclusively local" and will be completed by the end of this year,  paving the way for its official adoption starting early next year.
 
Motives for the decision: from sanctions to mobilization
 
Banking expert and former Central Bank official Mahmoud Dagher told Baghdad Today that  "the decision is partly linked to  international sanctions and  pressure on Iraqi banks, so an alternative internal system is being considered.

" He added,  "Iraq faces no legal or technical obstacles to establishing this type of system, and many countries have preceded us in this," but he explained that  "local systems remain limited and cannot be used outside the country's borders.

" It's worth noting that  the decision came after the Popular Mobilization Forces' salaries were frozen at some banks linked to international payment systems, opening a new door for the Central Bank to restructure its payments infrastructure away from international political influence.
 
Monetary shift or financial isolation?
 
The new approach coincides with escalating tensions between Baghdad and Washington,
and with the ongoing pressure on major Iraqi banks accused of financing entities sanctioned by the US. In this context, it appears that the Central Bank has decided to proceed with a project that protects  the domestic market from any "potential political freeze."

However, this option, despite its importance in terms of sovereignty, raises questions:
 
Can global payment systems really be dispensed with?
 
Is Iraq structurally prepared to operate a closed system capable of meeting domestic demand?
 
Most importantly: Does this project pave the way for a gradual financial decoupling from the dollar?
 
The National Card Scheme project is not merely a technical decision regarding banking infrastructure;
it is a step with political, economic, and security dimensions.
 
If completed by the end of the year as planned, Iraq will have taken its first steps toward "internal monetary independence."
 
However, this remains conditional on the state's ability to ensure efficiency, prevent collapse, and build confidence in a system that has yet to be tested in a fragile economic reality. 
Source: Baghdad Today + Agencies      https://baghdadtoday.news/277819-.html

The Central Bank Of Iraq Participated In The Arab Conference On Savings And Financial Culture 2025, Held In The Tunisian Capital, Tunis,

July 2 to 3, 2025.Representatives from regulatory bodies, central banks, insurance companies, and investment companies from various Arab countries participated.
 
This participation serves as a boost to the implementation of the National Strategy for Financial Inclusion in Iraq for the years 2025-2029, recently launched by the Central Bank, and as part of its efforts to enhance regional cooperation and exchange expertise in the areas of  
financial literacy,  financial consumer protection, sustainable financing, and  household savings.
 
The conference featured a number of important sessions that addressed topics
directly related to the axes of national financial inclusion strategies in Arab countries, including: 

    Financial literacy strategies and funding sources.
    The role of digital finance in promoting financial inclusion. 
    Financial services consumer protection.
    Microfinance and the role of social banks. 
    Using artificial intelligence to spread financial literacy.
 
The Central Bank of Iraq delegation also held a series of coordination meetings with its counterparts from Arab countries and regional and international organizations to discuss opportunities for technical cooperation and the exchange of institutional expertise.

In its contributions to the conference sessions, the Central Bank delegation emphasized the importance of developing financial literacy in Iraq as a fundamental pillar for enhancing financial inclusion and    achieving economic stability.
 
This participation comes within the framework of the Central Bank of Iraq's commitment to implementing regional and international best practices, 
its ongoing  efforts to develop the institutional and digital infrastructure of the financial system, and  enable individuals and communities to access financial services in a safe and comprehensive manner.      https://cbi.iq/news/view/2926 

Government Advisor: Iraq's Renaissance Depends On Transforming Oil Assets Into Productive Investments
 
Time: 2025/07/03 12:03:38 PM Read: 180 Times  {Economic: Al Furat News} The Prime Minister's Financial Advisor, Mazhar Mohammed Salih, emphasized that the  country's renaissance lies in maximizing investment activity with strong impetus toward accelerated sustainable development.  

He pointed out that this is a strategic issue that can only be resolved through the country's economic resources in general, and specifically by transforming extracted oil assets into productive investment capital assets in vital economic sectors.
 
In a statement to Al Furat News, Salih emphasized that  the government is engaged in   implementing its productive activities,   extending horizontally and vertically, through the implementation of strategic and service-oriented investment projects.
 
Challenges of Financing the Investment Budget and Opportunities for Improvement
 
The financial advisor explained that the operating budget imposes a spending restriction even in difficult circumstances, when the country's oil revenues are severely reduced. He emphasized that financing the investment budget is the most affected in such circumstances.

He added that  the opportunity for improvement in oil revenues means that the investment accelerator will operate at a high and accelerated pace to maximize GDP growth.
 
This is in light of the strict adherence to the government program, which has undertaken to implement the principle and vision of a "service government."

"Service government": Embodying the government's role in reconstruction
 
Saleh considered the principle of a "service government" to be an embodiment of the key role currently being played by the government across the country,
 
starting with the implementation of the One Million Housing Unit Project and the  establishment of new cities, and ending with the  school buildings project (one thousand schools), and the  construction of hospitals and various health facilities, in a manner unprecedented in the reconstruction process in Iraq. 

He also pointed to the development of infrastructure in the country's cities by advancing electricity, water, sanitation, and road projects without interruption and in an integrated manner. Saleh pointed out that the
 
Oil Investment Strategy and Its Role in Development
 
oil, gas, and other natural resource investment strategy is constantly evolving to feed and supplement the financial resources needed for the investment budget, which aims to develop investment activity linked to sustainable development and economic prosperity.
 
Reconstruction Driven by Oil Revenues
 
The financial advisor concluded his statement by emphasizing that reconstruction is now financed by oil revenues before being financed by external borrowing. He explained that the goal of oil revenues, when they rise, will be to develop productive assets in sectors that contribute to diversifying the national economy.

 He stated that as oil prices rise and higher financial returns are achieved, they will be more aligned with the strength of the implementation of development projects outlined in the country's government program and plans, which drive most new projects, especially those anticipated years ago.
 
This comes in line with a careful and precise program that builds a development renaissance based on a strong investment push, through a development movement unprecedented in the country's history.
 
This momentum  will continue unabated in the coming months,  with a robust and expansive urban development map,  supported by the high level of stability the country is witnessing in all economic, political, and security fields.  
  
https://alforatnews.iq/news/مستشار-حكومي-نهضة-العراق-مرهونة-بتحويل-الأصول-النفطية-إلى-استثمارات-منتجة  

 For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com

The Deadline for Moving Money Out of the US

The Deadline for Moving Money Out of the US

Notes From the Field By James Hickman (Simon Black)  July 3, 2025

The Senate passed the “Big Beautiful Bill,” and it’s about to make America’s financial house of cards a whole lot shakier.  Already today interest on the national debt costs more than the entire— very large— defense budget. The runaway national debt is literally a matter of national security.

And the bill will add about $3 trillion to the national debt over the next decade, in addition to the  $22 trillion the Congressional Budget Office already-projects for the same period.

Do the math, and by 2033, the US national debt will hit a jaw-dropping $56 trillion.

And that’s only if they decide not to pass another big beautiful budget buster next year. It assumes control of the government doesn’t swing in 2028 giving the Left another shot at free college, universal basic income, reparations, or a green new deal.

But why are we so focused on 2033 in particular?

Because that’s also the year when Social Security’s biggest trust fund runs out of money.

The Social Security Administration circles a date each year in its official report, signed by the Secretary of Treasury. That date tends to inch closer each year.

Based on the promises of various politicians NOT to touch Social Security, it’s very likely this problem will be ignored until it becomes a major funding crisis.

By 2033, we also forecast that interest payments on the national debt could devour more than half of all tax revenue.

Foreign investors, already uneasy, will likely continue to sell their US government bonds, putting pressure on the Federal Reserve to “print” trillions of dollars to bail out the Treasury Department. This would almost certainly trigger massive inflation.

Then come the social consequences.

History shows that economic depressions like these lead to crime spikes—especially property crimes and theft. Riots erupt in cities across the country, sparked by shrinking benefits and deep economic anxiety. Local governments declare bankruptcy, unable to keep up with exploding costs and plunging tax revenues.

And into that vacuum steps an invigorated political movement: Socialism 2034.

Fueled by anger and desperation, it promises salvation through universal basic income, rent cancellation, and debt forgiveness. Capitalism is blamed for the crisis.

The calls grow louder for price controls, nationalizations, even capital restrictions.

I’m not saying it is going to play out exactly like this, but this is the trend that America is currently on. It’s hard to dispute the facts.

You and I don’t control Congress, the political parties, or Social Security. The only thing we can do is give ourselves the tools to respond to this— entirely predictable and avoidable— crisis from a position of strength.

That’s what a Plan B is all about.   And we talk about elements of this all the time.

Real assets—especially gold and other precious metals, but also economic necessities like industrial metals, energy, and productive technology—can help guard your wealth against inflation.

Second residency abroad can give you a place to go if your home country ever becomes too chaotic or dangerous.

And then there is financial diversification, so that all your savings isn’t under the control of one jurisdiction—especially when that jurisdiction is the US, the most indebted country in the history of the world.

Without serious reform, 2033 is when everything comes to a head—the debt bomb explodes, Social Security craters, and inflation goes nuclear. That means you have a hard deadline for having a portion of your wealth safely outside the United States.

Recent history is filled with examples, from Cyprus to Argentina, of countries in financial crisis implementing capital controls, withdrawal limits, and even wealth confiscation.

When confidence in government bonds evaporates and inflation spirals, it’s not hard to imagine Washington freezing capital outflows “temporarily” or simply forcing retirement accounts to buy “patriotic bonds” to fund Social Security.

By then, the window to move money abroad might be functionally closed.

It’s already becoming harder. Banks around the world have steadily tightened rules on Americans. Thanks to laws like FATCA and global information-sharing regimes, foreign banks now face enormous compliance burdens when dealing with US clients. Most don’t want the risk.

We detailed a few of the options still available in an international banking report we just released to our Total Access members

The main takeaway: it’s far easier to open a foreign bank account when you don’t urgently need one.

If you wait until things get chaotic—whether that’s 2033 or earlier—it may be too late.

That’s why acting now, while the system still works, is crucial.

Foreign accounts aren’t about hiding money—in fact, US citizens generally must report foreign  assets to the US government.

But they do let you store some of your savings in other countries, which gives you a legal barrier, and diversifies which jurisdictions can get their hands on your assets.

They give you flexibility if US banks freeze or restrict access. And they put you one step ahead of whatever “emergency measures” Washington dreams up next.

 To your freedom,   James Hickman   Co-Founder, Schiff Sovereign LL

https://www.schiffsovereign.com/trends/the-deadline-for-moving-money-out-of-the-us-153095/?inf_contact_key=e3a7fba8e80ec718a9dbe38a7e2927b5837ca8eedd5950759fe76410ed6224c9

Evening News with MarkZ, joined by Dr. Scott Young. 07/03/2025

Evening News with MarkZ, joined by Dr. Scott Young. 07/03/2025

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinionBe sure to consult a professional for any financial decisions

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Grotesque Debt Crisis Set to Explode

Grotesque Debt Crisis Set to Explode

Commodity Culture:   7-3-2025

In a recent illuminating discussion on Jesse Day’s ‘Commodity Culture,’ financial strategist Matthew Piepenburg delivered a stark warning about a looming crisis born from the convergence of escalating global conflict, unprecedented levels of government debt, and dangerously overinflated financial markets.

Piepenburg’s analysis paints a grim picture of a future where a massive debt crisis could erase wealth in the blink of an eye, urging investors to consider unconventional strategies for survival.

Piepenburg posits that these three seemingly disparate elements are inextricably linked, forming a feedback loop of instability. He argues that the “insane levels of government debt” accumulated globally are not merely an economic burden but a systemic weakness, making nations more prone to geopolitical tensions as they scramble for resources or face internal pressures.

This fragility, he contends, is exacerbated by financial markets that have soared to unsustainable heights, decoupled from underlying economic realities, creating a “bubble” vulnerable to the slightest tremor.

The consequence of this precarious balance, according to Piepenburg, is an impending debt crisis unlike any seen before. He warns that this isn’t a slow-burn recession, but a rapid, wealth-destroying event.

“Trillions of cracks” are forming within the global financial system, he explains, waiting for the right catalyst – be it a geopolitical shock, a market crash, or a sovereign debt default – to shatter the entire edifice. Such an event, he stresses, would not discriminate, potentially wiping out a lifetime of savings for those unprepared.

Amidst this dire forecast, Piepenburg offers a lifeline: precious metals. He makes a compelling case for gold, describing it as the “last asset standing” when traditional markets crumble. Its historical role as a store of value, independent of government solvency or corporate earnings, makes it a critical hedge against systemic collapse.

 Intriguingly, Piepenburg also highlights silver, suggesting it could “speed past gold” in a crisis scenario. Its dual role as both a monetary metal and an industrial commodity could give it explosive upside as demand for tangible assets surges and supply potentially tightens.

Piepenburg’s insights on ‘Commodity Culture’ serve as a crucial wake-up call for investors and citizens alike. His detailed breakdown of the interdependencies between global conflict, sovereign debt, and market overvaluation offers a chilling, yet vital, perspective on the current economic landscape. While the future remains uncertain, his analysis strongly suggests that a paradigm shift in wealth preservation strategies may be not just advisable, but essential.

For a deeper dive into Matthew Piepenburg’s comprehensive analysis, including the specific ‘cracks’ he identifies and the catalysts he monitors, viewers are urged to watch the full discussion on Commodity Culture.

https://youtu.be/9gr00LPONlQ

Iraq Economic News and Points To Ponder Thursday Afternoon 7-3-25

An Expert Warns Of The US Federal Reserve's Restrictions On Iraq's Financial Sovereignty.
 
 July 2, 16:23  Information/Special..  Economist Diaa Mohsen confirmed on Wednesday that Iraq still lacks independent economic decision-making due to the restrictions imposed by the US Federal Reserve on its funds, warning of the repercussions of the continuation of this situation on the country's financial sovereignty. 

Mohsen told Al-Maalouma News Agency, "After Iraq was released from Chapter 7 in 2011, theUnited States deposited its funds in the US Federal Reserve under the pretext of protecting them."

He pointed out that  "the returns generated by these deposits are much less than what could have been achieved if the funds had been invested  directly by the Iraqi government or  through partnerships with various countries." 

He stated that "Iraq's continued existence under these restrictions  is unacceptable and  deprives it of significant economic opportunities," emphasizing that"liberating Iraq from the authority of the US Federal Reserve would  revitalize the national economy and  open up broader horizons for financial development." 

He added that  "Iraq's continued dependence on the US decision makes it vulnerable to financial sanctions in the event of any political dispute with Washington, as the latter could simply seize Iraq's funds or prevent their use." End 25 Sh       
https://almaalomah.me/news/103365/economy/خبير-يحذر-من-قيود-الفيدرالي-الأمريكي-على-السيادة-المالية-الع    

Source: Iraqi Banks Rebel Against The Central Bank And Pay Salaries Despite Sanctions!
 
July 3, 2025 Last updated: July 3, 2025  Al-Mustaqillah - In a dangerous development that could herald a domestic financial crisis, an informed source revealed to Al-Mustaqillah on Thursday that the Central Bank of Iraq has issued strict directives to a number of Iraqi banks, including  halting the payment of salaries to some government institutions in the coming period.
 
This is due to US sanctions imposed on some Iraqi financial institutions and the expiration of the deadline Washington had granted Iraqi banks to rectify their situation. 

According to the source, the Central Bank warned of the repercussions of ignoring these sanctions,
especially after the end of the grace period granted by the US Treasury Department to Iraqi banks to     settle their transactions and  avoid potential sanctions.

However, the source noted that some banks—both private and government—  did not comply with the Central Bank's directives and insisted on disbursing salaries to specific government institutions,
 
a move described as a "direct and stubborn challenge" to the directives of the country's supreme monetary authority.

This escalation between the Central Bank and some banks raises serious questions about Iraq's compliance with international sanctions and the ability of its financial institutions to maintain monetary stability amid mounting political and economic pressures.
 
This situation also raises employees' concerns about   delayed salaries and the  potential for the crisis to expand  in the event of escalating sanctions or new US measures that could affect other accounts and banks.
 
While the Central Bank remains silent on these leaks, observers believe that Iraq is entering a critical phase in its engagement with the international financial system, particularly with the increasing reports of money being smuggled to banned entities and the involvement of some banks in suspicious financial transactions.
 
Will we soon witness an open confrontation between the Central Bank and the "rebellious" banks?
Will salaries be paid?
Or will US sanctions turn the tables on everyone?    https://mustaqila.com/مصدر-مصارف-عراقية-تتمرد-على-المركزي/   

Government Advisor: Iraq's Renaissance Depends On Transforming Oil Assets Into Productive Investments
 
Time: 2025/07/03 12:03:38 PM Read: 180 Times  {Economic: Al Furat News} The Prime Minister's Financial Advisor, Mazhar Mohammed Salih, emphasized that the country's renaissance lies in maximizing investment activity with strong impetus toward accelerated sustainable development.

He pointed out that  this is a strategic issue that can only be resolved through the country's economic resources in general, and specifically by transforming extracted oil assets into productive investment capital assets in vital economic sectors.
 
In a statement to Al Furat News, Salih emphasized that the government is engaged in  implementing its productive activities,  extending horizontally and vertically, through the implementation of strategic and service-oriented investment projects.
 
Challenges of Financing the Investment Budget and Opportunities for Improvement
 
The financial advisor explained that the operating budget imposes a spending restriction even in difficult circumstances,  when the country's oil revenues are severely reduced.

He emphasized that  financing the investment budget is the most affected in such circumstances. He added that the opportunity for improvement in oil revenues means that  the investment accelerator will operate at a high and accelerated pace to maximize GDP growth.

This is in light of the strict adherence to the government program, which has undertaken to implement the principle and vision of a "service government."
 
"Service government": Embodying the government's role in reconstruction
 
Saleh considered the principle of a "service government" to be an embodiment of the key role currently being played by the government across the country,  starting with the  implementation of the One Million Housing Unit Project and the  establishment of new cities, and ending with the school buildings project (one thousand schools), and the   construction of hospitals and various health facilities,
in a manner unprecedented in the reconstruction process in Iraq. 

He also pointed to the  development of infrastructure in the country's cities by advancing electricity, water, sanitation, and road projects without interruption and in an integrated manner. Saleh pointed out that the
 
Oil Investment Strategy and Its Role in Development
 
oil, gas, and other natural resource investment strategy is constantly evolving to feed and supplement the financial resources needed for the investment budget,   which aims to develop investment activity linked to sustainable development and economic prosperity.
 
Reconstruction Driven by Oil Revenues
 
The financial advisor concluded his statement by emphasizing that reconstruction is now financed by oil revenues before being financed by external borrowing. He explained that the goal of oil revenues, when they rise, will be to develop productive assets in sectors that contribute to diversifying the national economy.

He stated that as oil prices rise and higher financial returns are achieved, they will be more aligned with the strength of the implementation of development projects outlined in the country's government program and plans, which drive most new projects, especially those anticipated years ago.
 
This comes in line with a careful and precise program that builds a development renaissance based on a strong investment push, through a development movement unprecedented in the country's history.
 
This momentum   will continue unabated in the coming months,  with a robust and expansive urban evelopment map,     supported by the high level of stability  the country is witnessing in all economic, political, and security fields.  
  
https://alforatnews.iq/news/مستشار-حكومي-نهضة-العراق-مرهونة-بتحويل-الأصول-النفطية-إلى-استثمارات-منتجة 

 For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 7-3-25

Good Afternoon Dinar Recaps,

India Explains the Main Agenda for BRICS 2025 Summit

India becomes the first BRICS nation to publicly outline the summit's goals—signaling a coordinated push toward a multipolar world order and Global South leadership.

Prime Minister Narendra Modi is on a five-nation diplomatic tour ahead of the 17th BRICS Summit, set to take place in Rio de Janeiro on July 6–7, 2025. His final destination: Brazil, where leaders from the BRICS alliance will gather to discuss a new financial and geopolitical future.

For the first time, one of the founding BRICS nations has offered a public glimpse into the summit’s agenda, revealing a bold push toward a balanced multipolar world order—a system designed to reduce dependence on U.S. and Western financial structures.

“As a founding member, India is committed to BRICS as a vital platform for cooperation among emerging economies. Together, we strive for a more peaceful, equitable, just, democratic, and balanced multipolar world order,” said Modi in an official statement.

BRICS 2025: India’s Roadmap for a New Financial Era

India confirmed that key topics on the summit agenda will include:

• Reducing reliance on Western financial systems

• Increasing cooperation among developing economies

• Establishing a more democratic, accountable world order

• Strengthening the voice and financial power of the Global South

The announcement comes at a time when BRICS nations are expanding their roles in global finance, exploring non-dollar trade settlements, and advocating for institutional reform at the IMF, World Bank, and UN.

“The visit will provide an opportunity to strengthen our close partnership with Brazil, and work with my friend, President Luiz Inácio Lula da Silva, on advancing the priorities of the Global South,” Modi added.

A Multipolar Vision Gains Momentum

While India emphasized that BRICS is not inherently anti-U.S., the bloc seeks to build an alternative financial system that amplifies the sovereignty of member states. The alliance has made clear that it views financial diversification and mutual development as the cornerstone of global stability.

India’s rare move to disclose the summit’s main agenda underscores its leadership ambitions within BRICS and reflects the bloc’s growing desire for transparency and direction.

The summit in Rio is expected to draw global attention as BRICS continues to challenge the unipolar dominance of the West with its expanding influence, economic cooperation, and commitment to reshaping global governance.

@ Newshounds News™
Source: Watcher.Guru

~~~~~~~~~

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How Trump & Bessent Are 'Re-monetizing Assets On US Balance Sheet'

How Trump & Bessent Are 'Re-monetizing Assets On US Balance Sheet'

Arcadia Economics: Tom Luongo:  7-2-2025

Back in February, Donald Trump and Treasury Secretary Scott Bessent hosted a meeting, where Bessent said that over the next 12 months, they would be monetizing the assets on the US balance sheet for the good of the Anmerican people.

Well that was 5 months ago, and we've seen a lot of activity since then. So what did he mean, and what are they actually doing behind the scenes right now.

The world of economics and finance is often a realm of complex terminology and behind-the-scenes maneuvers. Every so often, a statement emerges that captures attention, hinting at a potential paradigm shift. One such declaration came earlier this year, setting the stage for an intriguing discussion now being unpacked by financial commentators.

According to an interview featuring Tom Luongo on Arcadia Economics with Chris Marcus, a significant meeting took place back in February involving former President Donald Trump and Scott Bessent, a name frequently mentioned as a potential future US Secretary of the Treasury in a new administration.

It was during this meeting that Bessent reportedly stated a bold intention: over the next 12 months, they would be “monetizing the assets on the US balance sheet for the good of the American people.”

Five months have passed since that pronouncement, and indeed, many observers point to a flurry of activity and evolving dynamics in the financial landscape. This raises crucial questions: What exactly did Bessent mean by “monetizing assets”? And what, if anything, are we seeing or can we infer about these potential actions behind the scenes?

At its core, “monetizing assets” means converting non-cash assets into cash, or otherwise making them available for current use.

For a national balance sheet, this could imply a range of strategies, from selling off government-owned properties or enterprises, to securitizing future revenue streams, or even leveraging less conventional financial tools against strategic national holdings. The phrase “re-monetizing” suggests a return to a prior state or a new approach to unlocking value from existing national wealth.

The critical distinction here is the stated purpose: “for the good of the American people.” This implies that any such monetization efforts would not merely be about debt reduction (though that could be a benefit), but potentially about funding new infrastructure, reducing taxes, stabilizing inflation, or generating new economic opportunities.

The notion that a future administration would actively seek to “re-monetize” the US balance sheet suggests a potential departure from traditional fiscal policy, where the focus is often on taxation, spending, and debt issuance. It points instead to a more active management of the nation’s underlying wealth.

This concept, as discussed by Luongo and Marcus, suggests a bold and potentially transformative financial strategy. Should such a plan come to fruition under a new Trump administrationn, it could have profound implications for the US economy, the value of the dollar, and the global financial system.

 It would signal an aggressive attempt to unlock latent value, potentially injecting liquidity and resources directly into the economy without solely relying on borrowing or taxation.

For a deeper dive into what this “re-monetization” might entail, what assets could be in play, and the potential implications, the full interview with Tom Luongo on Arcadia Economics provides further insights and context for those seeking to understand this potentially game-changing financial strategy.

The financial world, it seems, is bracing for an unconventional approach to managing the nation’s wealth.

https://www.youtube.com/watch?v=4qS_5q1xMSc

Coffee with MarkZ, joined by MM and Crew. 07/03/2025

Coffee with MarkZ, joined by MM and Crew. 07/03/2025

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning Mark, MilitiaMan and Members

Member: Happy July 4th Eve!!!!!

Member: last night Frank26 had a guest on his video that said he heard on a late night news show that Trump said several countries will revalue their currencies on July 6 or 7.   Hope this is true

Member: Wish there was a copy of that announcement from Trump somewhere

Member: July 6 is Sunday….and all Iraqi banks are closed for a holiday on Sunday. hmmmmmmm

Member: and Frank now believes the VND is going to RV as well now. According to Frank, both the HCL and Article 12-2 are with the Counsel of Ministers for approval and oil is already flowing. Frank is all about not giving date/rate …..IHO Monday...

Member: I have said before, when the oil flows all goes golden

Member: My AI says its a near perfect match on how Kuwait did their rv this week and Sunday is the sweet spot …..fingers crossed

Member: FRFS will adopt the ISO 20022 message format for the Fedwire Funds Service in a single-day implementation strategy on July 14, 2025.

Member: That’s a big day coming: Basel 3 , iso20022…. all banks worldwide

Member: A mate called Bendigo bank here in AUS and asked if they were exchanging international currency, they grabbed the manager and said “not yet”. Then asked if he was referring to VND, and he said yes. They said they would be accepting that currency – they have the new rate- just waiting. This is exciting stuff.

MZ: That is awesome. This is the second bank story I have heard on this in the last 2 days.

Member: PNC bank sent me a text that said mobile and online banking will be unavailable on July 11, They are introducing new online banking. QFS?

MZ: We are finally starting to see it talked about.

Member: When r all currencies going to be asset backed?

Member: What if America’s return to gold and silver as legal tender isn’t just symbolic — but a full-blown rejection of fiat currency?

Member: With over 45 states recognizing gold and silver as money, are we witnessing the quiet collapse of the Federal Reserve's influence?

MZ: Top that off with Ripple seeking a banking license. This would give us many options outside the Federal Reserve system . If somebody like Utah goldbacks created a solid redeemable gold backed currency or crypto ….The federal reserve…stick it with a fork…it would be done. We would have a 100% asset backed money by “we the people”

Member: All the countries are at a fork in the road and must make the right choice or face a tough road IMO

​​Member: I think the RV's starting is based on several things: Iraq, BBB, peace treaties, etc.

Member: Mark has your contact on bonds said anything about where that person is in the process?

MZ: No new bond updates this morning.

Member: Just wondering, will you have a podcast like normal tomorrow with it being the 4th?

MZ: I am planning on a short broadcast tomorrow AM.

Member: Have a wonderful 3 day weekend ……..may this be the one we are waiting for.

Member: Trump said we would be celebrating for an entire year starting tomorrow…..Hope we are celebrating the RV.  

Member: I pray everyone will have a great happy Independence Day …..take care and may God bless you

Member: Militia man & Crew. Thank you for your time and the information you share with us.

MilitiaMan joins the stream today. Please listen to the replay for his information and opinions

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

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Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

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Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL  TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!  FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:   https://www.youtube.com/watch?v=ddGqRBHVbFM

News, Rumors and Opinions Thursday 7-3-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 3 July 2025

Compiled Thurs. 3 July 2025 12:01 am EST by Judy Byington

What We Think We Know as of Thurs. 3 July 2025:

Trump has already (allegedly)  green-lighted the Global Currency Reset of 209 Nations to Gold/asset-backed currencies, which will be legally implemented upon his signature on the “Big Beautiful Bill” that has been passed by both the House and Senate. He plans to announce such on Fri. 4 July.

Wed. 2 July 2025: “The Big Beautiful Bill,” the (alleged) mechanics for the Global Currency Reset, has been passed by both the US House and Senate. It was expected to be signed by Trump on or before Fri. 4 July 2025. Charlie Ward: The Latest Important Announcement from Trump That You Can’t Avoid Missing | Prophecy | Before It’s News

On June 30, 2025, Governor Greg Abbott signed into law one of the most disruptive financial decisions in modern American history — gold and silver are now legal tender in Texas. This isn’t a bill for headlines. It’s a functional reset of what defines “money” in the Lone Star State, and the aftershocks are already being felt from Wall Street to Washington. For the first time in decades, physical precious metals — coins, bars, and even digitized holdings — can now be used by Texans for everyday purchases, business transactions, and debt settlements. I…Trump Force One on Telegram

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Global Currency Reset:

Tues. 1 July 2025 Bruce: Large Sovereign multi-billion $ Bonds called Super Pachelli began (allegedly)  paying out. The Iraqi Dinar has revalued again and the new rate was on the back screen of the Forex trading. 17 currencies were (allegedly)  shown on the front screen of Redemption Centers, rates fluctuating in value. Tier4b (Us, the Internet Group) could be notified to set appointments by the weekend, but it may not be until next week Tues. or Wed. 9 July.

Tues. 1 July 2025 MarkZ: Two bond people had exchange appointments today.

Tues. 1 July 2025 Wolverine Latest Intel: “We are here. Everything is ready to go. God bless. Wolverine”

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Restored Republic  (Rumors) 

Wed. 2 July 2025 BREAKING: MILITARY NESARA-GESARA GOES LIVE — 30+1 PROTOCOLS TO COLLAPSE THE OLD WORLD AND RESET HUMANITY …Trump Force One on Telegram

The silence is over. As of June 29, 2025, the hidden blueprint for humanity’s liberation has been activated. The military branch of NESARA-GESARA has (allegedly)  begun executing 31 classified protocols designed to erase debt, collapse globalist institutions, and transfer power back to the people. This is not a theory — it’s a controlled demolition of the old world.

Over $150 trillion in stolen wealth is(allegedly)   being reclaimed. Central banks are bleeding. The IRS is finished. The Federal Reserve is(allegedly)   being dismantled. And the quantum-ledger system is live, bypassing corrupt structures and executing financial justice in real time.

Protocol #1: All banking-related debts — including mortgages, loans, and credit cards — are being (allegedly)  wiped out, permanently. This is a reset, not a bailout. The system was illegal from the start.

Protocol #2: Income taxes are(allegedly)   being abolished. No more IRS raids, no more wage theft. In its place: a 14% flat tax on luxury items only. Food, medicine, housing — untaxed and protected.

Protocol #3: The IRS is (allegedly)  shut down. Its agents reassigned to oversee fair taxation under Treasury authority, not corporate fiat enforcers.

Protocol #4: The Federal Reserve is(allegedly)   gone. Its monopoly on money creation has ended. In its place: a gold, silver, and platinum-backed Rainbow Currency, immune to manipulation and printed theft.

Protocol #9: Financial privacy is restored. No more tracking, no more spying. Treasury-issued accounts under QFS cannot (allegedly)  be accessed by rogue agencies or foreign banks.

Protocol #11: Humanitarian funding is (allegedly)  being deployed. Global projects will be citizen-led, not NGO-controlled. Homelessness, food instability, and educational collapse are being addressed with real wealth and infrastructure.

Protocol #12: Redemption of stolen value. ZIM and other sovereign bonds will be honored. Portions for personal use, portions for global rebuilding.

Stay alert. The final phase to Liberate Humanity has begun.

Read full post here:  https://dinarchronicles.com/2025/07/03/restored-republic-via-a-gcr-update-as-of-july-3-2025/

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

Bruce   [via WiserNow]  They were supposed to have revalued the currency again, I believe they did, and it's at a decent rate on the screens, but it's currently on the back screen of the Forex...Now, if all goes according...that back screen IQD rate on the dinar will go and show itself on the front screen of the Forex... we had approximately 17 currencies on the front screens of the redemption centers, and those were fluctuating in value as trading is continuing between various currency trading pairs...we think there could be as many as 24 that are actually going to appear when we go in for our exchanges.   

Frank26   You've been with me a long time, what was it I said to you way back when dinosaurs were around?  I said the day you see the HCL, you see the new exchange rate...The moment you see the oil flowing and metered and registered and accounted for it would be with a new exchange rate...Oil is an amazing indicator right now in our investment of what's going on with the exchange rate of the Iraqi dinar.  

BRICS Without China? Xi’s No-Show at Summit in Brazil Is No Coincidence

Lena Petrova:  7-3-2025

https://www.youtube.com/watch?v=-RFnwfwwSqk

SILVER ALERT! Silver Price Holds as Trouble Brews in COMEX Deliveries! GOT PHYSICAL?!

(Bix Weir)   7-2-2025

Initial July deliveries are coming in at about 1/2 of the prior 2 delivery months...WHY? Is somebody NOT ABLE to deliver the other half or did demand all of a sudden stop? I think we know the answer!

https://www.youtube.com/watch?v=VXLtnh7ktcU

Iraq Economic News and Points To Ponder Thursday Morning 7-3-25

Government Media: All Official Institutions Adopt Electronic Payment.

Money and Business  Economy News – Baghdad   The Government Media Team announced on Tuesday that all official institutions are now using electronic means to collect and process payments. It also indicated that executive authorities are monitoring the adoption of electronic systems in government agencies.

Government media spokesman Haider Majeed said, "Numerous Cabinet decisions and Prime Ministerial directives have been issued to all government institutions, in coordination with the Ministry of Finance and the Central Bank of Iraq, to ​​adopt the electronic payment system in all government departments and institutions.

" He explained that "this matter is among the priorities of the government program and ministerial approach, and the government's efforts to enhance transparency and simplify procedures provided to citizens."

He added, "The adoption of this system is based on the government's vision to develop the financial transactions environment and reduce reliance on paper money.

This will contribute to combating corruption and reducing the chances of financial manipulation, as well as facilitating the collection of funds from citizens and other companies and institutions."

He pointed out that "the electronic payment process offers many advantages, most notably simplifying procedures and accelerating transaction completion by reducing the time required to complete payments, enabling payments anytime, anywhere, and enhancing financial transparency and accountability through the presence and organization of an electronic database and record for each payment transaction."

He explained that "this helps limit the manipulation of funds entering the state treasury, reduces the risks of dealing in cash, and reduces the need to carry and circulate paper money, which can lead to damage, loss, or theft."

He emphasized that "electronic payment supports financial inclusion by encouraging citizens to open bank accounts, strengthening their bank accounts, using modern banking tools, enhancing the efficiency of government collection, increasing collection rates, reducing waste or financial leakage, and controlling the tax collection process."

He pointed out that "the General Secretariat of the Council of Ministers, as the executive body of the government and the executive arm of the Council of Ministers, is closely monitoring the implementation of this approach with all ministries, institutions, and governorates, as well as the implementation of decisions issued by the government, in cooperation with relevant authorities, to ensure the success of the implementation and the achievement of the desired objectives, which will positively impact the level of services provided to citizens."

He continued, "The government directives include all official institutions, all of which are currently working electronically to collect and collect money from citizens.

" He pointed out that "the government directive was also directed to all private sector entities, including public clinics, doctors' clinics, pharmacies, markets, stores, fuel stations, and all other entities that operate in direct contact with citizens through sales operations."

He pointed out that "there has been widespread acceptance by citizens in the final stages, which has encouraged all private sector entities to use electronic points of sale." 757 views   https://economy-news.net/content.php?id=56863

Ashura Closes The Iraqi Stock Exchange On Sunday.

Banks   The Iraq Stock Exchange announced on Wednesday that it would suspend its activities for one day next Sunday, coinciding with the tenth day of Muharram.

The market stated in a statement that, "Based on the Cabinet's decision to declare an official one-day holiday on the occasion of the tenth of Muharram, market activities and trading sessions will be suspended for one day."

He added, "The holiday will start on Sunday, July 6, and trading sessions will resume on Monday."

It's worth noting that the Iraq Stock Exchange holds five trading sessions per week, from Sunday to Thursday, and lists 103 Iraqi joint-stock companies representing the banking, telecommunications, industry, agriculture, insurance, financial investment, tourism, hotels, and services sectors. 309 views   https://economy-news.net/content.php?id=56906

Iraq Is Ranked Fifth Among The Cheapest Arab Countries To Live In.

Economy | 02/07/2025  Mawazine News - Follow-up  Iraq ranked fifth among the cheapest countries to live in for the year 2025 according to the Numbeo website, which is concerned with the standard of living of countries around the world.

The website stated in a statistic reviewed by Mawazine News, that "Iraq came in fifth among the cheapest Arab countries in terms of the standard of living in terms of groceries, restaurants, rent, and local purchasing power."

It continued that "Libya came in first among the cheapest Arab countries to live in, followed by Egypt in second place, Syria in third place, Algeria in fourth place, Iraq in fifth place, Tunisia in sixth place, Morocco in seventh place, and Jordan in eighth place."

It indicated that "the most expensive Arab countries to live in for the year 2025 were the UAE, followed by Yemen, then Qatar and Bahrain."   https://www.mawazin.net/Details.aspx?jimare=263363

Oil Stabilizes Ahead Of OPEC+ Meeting To Decide August Production

Economy |  02/07/2025   Mawazine News - Follow-up:   Oil prices stabilized on Wednesday as markets awaited an upcoming OPEC+ meeting this week, which will set production levels for August.

Brent crude rose slightly by one cent to $67.12 a barrel at 01:24 GMT, while US West Texas Intermediate crude fell by five cents to $65.40 a barrel.

The market is already seeing a clear impact from previous increases, with Saudi Arabia, the world's largest oil exporter, increasing its exports in June by 450,000 barrels per day compared to May, according to data from Kpler, recording the highest level in more than a year.

In the United States, crude oil inventories rose by 680,000 barrels last week, according to sources citing data from the American Petroleum Institute, while official figures from the Energy Information Administration are expected later today.   https://www.mawazin.net/Details.aspx?jimare=263352

Three Airports To Open Soon In Iraq

Local  The Ministry of Transport confirmed, on Wednesday, that it is heading to open three main airports during the current year, while indicating that the development process of Baghdad International Airport includes 26 projects.

The spokesman for the Ministry of Transport, Maitham Al-Safi, told the official agency, followed by Al-Eqtisad News, that "the services government has developed important strategic plans to develop the civil aviation sector, and there were many plans that contribute to the development of this sector, including the construction of airports."

He added, "The current year will witness the opening of three main airports: Mosul, which will open soon, as well as Karbala and Nasiriyah international airports."

He continued, "The process of constructing the new airports coincided with the implementation of rehabilitation work at Baghdad International Airport through 26 projects, which achieved significant development in its infrastructure."  143 views   https://economy-news.net/content.php?id=56919

 For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com

Seeds of Wisdom RV and Economic Updates Thursday Morning 7-3-25

Good Morning Dinar Recaps,

US and EU Talks Signal Acceleration Toward Global Crypto Policy Alignment

BRUSSELS – July 1, 2025 – In a major signal of growing transatlantic alignment, U.S. and European Union financial regulators have intensified coordination on digital asset policies, including stablecoins, crypto oversight, and central bank digital currencies (CBDCs). The announcement follows high-level discussions at the EU-U.S. Joint Financial Regulatory Forum, held June 24–25 in Brussels.

The talks, co-chaired by the U.S. Department of the Treasury and the European Commission, reflect a shared urgency to harmonize crypto regulation across jurisdictions amid the accelerating global adoption of digital finance.

Regulatory Convergence Gains Momentum

The U.S. Treasury noted that the meeting placed digital finance at the forefront, with regulators exchanging updates on key crypto priorities:

• The EU shared progress on the rollout of its Markets in Crypto-Assets (MiCA) Regulation.

• Updates were provided on the development of the Digital Euro.

• The Financial Stability Board’s work on crypto risks and stablecoin oversight was also discussed.

• U.S. officials gave an update on SEC enforcement, crypto asset policy, and cybersecurity initiatives.

“Participants continued their exchange of views on digital finance matters,” the Treasury stated, highlighting a shared recognition of the need for coordinated oversight of the crypto sector.

Global Push for Secure Cross-Border Payment Systems

The Forum also emphasized the G20 Roadmap for Enhancing Cross-Border Payments, a key international effort to improve speed, cost, transparency, and accessibility of global financial transfers. EU regulators shared updates on the Digital Operational Resilience Act (DORA), while U.S. officials focused on infrastructure security and digital resilience.

The two sides appear to be converging on a cohesive framework that could guide the future of crypto regulation globally.

Balancing Innovation and Systemic Risk

Despite persistent skepticism over crypto volatility and regulatory loopholes, regulators from both continents acknowledged that greater policy coordination could enhance stability while avoiding regulatory arbitrage. Industry advocates continue to call for clear, interoperable rules that support innovation without undermining financial safeguards.

“This is a defining moment,” said a senior digital finance analyst. “We’re watching the foundations of a global crypto framework being laid brick by brick.”

As regulatory talks between the U.S. and EU deepen, the path toward mainstream crypto integration becomes clearer, signaling a potential standardization of global digital asset rules in the years ahead.

@ Newshounds News™
Source: Bitcoin.com

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Ripple Boosts RLUSD Adoption With Embedded Finance and Payment Features

LONDON – July 2, 2025 – In a bold push to expand the real-world adoption of its enterprise-grade stablecoin, Ripple has partnered with financial infrastructure provider Openpayd to enable embedded finance and seamless fiat-to-stablecoin transactions through a unified global platform.

The move enhances Ripple USD (RLUSD) as a powerful bridge between blockchain-native payments and traditional fiat banking—paving the way for broader enterprise usage in cross-border payments and treasury management.

Ripple and Openpayd Launch Unified Fiat + Stablecoin Solution

Under the new partnership, Openpayd will embed its fiat infrastructure—including multi-currency accounts, virtual IBANs, and real-time payment rails—directly into Ripple Payments, Ripple’s flagship cross-border payment network spanning over 90 payout markets globally.

"Businesses will be able to seamlessly convert between fiat and RLUSD," Openpayd confirmed, "accessing embedded accounts, trading, and payment features through a single API."

One of the most important additions: direct minting and burning capabilities for RLUSD, allowing enterprises to scale their stablecoin use while remaining compliant and efficient.

Stablecoin Liquidity Meets Enterprise Needs

The integration makes it significantly easier for businesses to:

• Embed stablecoin functionality within their financial operations

• Send and receive EUR and GBP through Ripple’s global payment rails

• Streamline access to U.S. dollar liquidity using RLUSD

This builds on RLUSD’s core positioning as a trusted, compliant, USD-pegged stablecoin designed for high-volume enterprise use cases.

Jack McDonald, Ripple’s SVP of Stablecoins, emphasized the importance of cross-network utility:
“The future of global finance depends on seamless interoperability between traditional infrastructure and digital assets.”

Toward Scalable, Real-World Adoption

The collaboration comes at a time of mounting demand for real-time, stable, and globally interoperable financial infrastructure—especially as enterprises seek to modernize their treasury systems and cut the cost and friction of legacy banking networks.

“This is how we accelerate real-world adoption of stablecoins at scale,” said McDonald, highlighting Ripple’s long-term vision for RLUSD.

As Ripple continues to embed digital assets into traditional payment systems, this partnership offers a compelling blueprint for stablecoin-enabled embedded finance across both crypto and fiat worlds.

@ Newshounds News™
Source: Bitcoin.com

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