How To Prevent a Rocky Economy From Derailing Your Financial Goals

How To Prevent a Rocky Economy From Derailing Your Financial Goals

Cindy Lamothe  Wed, August 6, 2025  GOBankingRates

When the economy starts acting up — think rising prices, stock market swings or constant chatter about a possible recession — it’s totally normal to feel anxious.

One survey by Equitable Holdings revealed that only 42% of Americans feel prepared to navigate shifting financial challenges, including potentially higher costs from tariffs, market volatility and lingering recession concerns. When those challenges hit, suddenly, the financial goals you’ve been working toward can feel like they’re slipping out of reach.

But here’s the truth: A rocky economy doesn’t have to derail your progress. With a few grounded strategies and a little flexibility, you can keep moving forward — even when the economic forecast looks a little stormy.

Rethink Inflexible Goals

According to Kevin Huffman, finance specialist, owner and senior contributor at Kriminil Trading, Americans need to focus on flexibility as much as ambition

“The trick is to create a financial plan resilient enough to bend without breaking,” he said.

To get there, he suggested starting by rethinking inflexible goals into more flexible targets like working toward a certain savings threshold by a particular year rather than dwelling on a retirement age. Then, section those goals out in 90-day checkpoints to make course corrections for the unexpected without interrupting your momentum.

Automate Your Good Habits

TO READ MORE:  https://www.yahoo.com/finance/news/prevent-rocky-economy-derailing-financial-102838605.html

Billion-Dollar Meltdown Ignites Banking Panic, Major Cities Face Total Collapse

Billion-Dollar Meltdown Ignites Banking Panic, Major Cities Face Total Collapse

Steven Van Metre:   8-6-2025

A brewing storm in the commercial real estate (CRE) sector is sending ripple effects through the financial world, raising concerns about a potential banking panic and even a broader global financial crisis. At the heart of this unfolding crisis is a dramatic devaluation of prime properties, exemplified by a major Denver office tower.

The Wells Fargo Center, a prominent office tower in Denver, has seen its value plummet by an astonishing 76% since 2019. This precipitous decline has already triggered significant losses for investors holding Commercial Mortgage-Backed Securities (CMBS) tied to the property, even impacting high-rated tranches previously considered low-risk.

The real concern, however, lies with small and midsize regional banks, which are heavily exposed to CRE debt. These institutions hold substantial amounts of such loans on their balance sheets, making them acutely vulnerable to the cascading losses. Experts fear that this exposure could ignite a liquidity crisis, eerily reminiscent of the Silicon Valley Bank collapse, as properties continue to be reappraised at vastly lower values.

The fundamental cause of this crisis is the profound shift in work habits brought on by the pandemic. The widespread adoption of remote and hybrid work models has drastically reduced the demand for traditional office spaces, particularly older buildings. This structural change has led to a surge in delinquency rates and defaults across the CRE sector, a trend expected to accelerate as more properties face reappraisals, wiping out investor equity and forcing banks to absorb unforeseen losses.

This isn’t just a U.S. problem. Similar patterns of economic contraction and insolvency are emerging in major economies like Germany and China, further exacerbating global financial instability. Complicating matters, central banks, including the Federal Reserve, appear to be grappling with the limitations of traditional monetary policy.

Rate cuts or other tweaks are unlikely to reverse the fundamental decline in CRE demand or address deeper issues in industrial production. Figures like Jerome Powell and Janet Yellen are perceived by some as potentially “behind the curve” in anticipating and managing the full fallout.

For investors, the evolving situation demands vigilance. Widespread exposure to CRE debt across various portfolios could lead to significant losses. However, amid this turbulence, innovative opportunities are emerging. One such example highlighted is Upexi, a company building a crypto treasury around the Solana blockchain.

Upexi’s stock has reportedly doubled since its last feature, positioning itself as an intriguing option for those seeking to bridge traditional finance and cryptocurrency exposure, potentially offering alternative growth avenues away from traditional market vulnerabilities.

The unfolding crisis in commercial real estate poses a formidable challenge to the global financial system. As further CRE defaults and revaluations occur, the implications for banking stability, investor portfolios, and the broader economy will be profound. Close monitoring of this evolving situation is paramount.

https://youtu.be/YIarkEuoUM8

Not 1971, it was 1604, the Birth of Fiat Currency

Not 1971, it was 1604, the Birth of Fiat Currency

Miles Harris:   8-6-2025

Forget what you think you know about the most significant shifts in the history of money. Popular narratives often point to the dramatic severing of the dollar from gold by Nixon in 1971, the rise of powerful central banks, or the recent advent of digital currencies.

While these moments are undoubtedly pivotal, they may well be downstream effects of a foundational change that occurred centuries earlier, far from the bustling financial centers, in a quiet courtroom in Ireland.

In 1604, a little-known legal case posed a question that resonates profoundly even today: what gives money its value? The answer, delivered without fanfare or grand pronouncements, would quietly expand royal control and fundamentally alter the very structure of monetary power across the realm, laying an invisible bedrock for the financial systems we inhabit today.

This was no English common law ruling designed for immediate colonial subjugation; its setting in Ireland was crucial. It served as a potent demonstration of the Crown’s burgeoning ability to extend its legal authority and administrative reach across its diverse territories.

The case wasn’t about a new tax or a land dispute; it was about the very nature of coinage and the authority to define its worth. The verdict, though unheralded at the time, was a calculated move to centralize power, giving the sovereign an unprecedented degree of control over the economy.

The brilliance – and the subtle menace – of this 1604 decision lay in its quiet executionn. There were no headlines screaming revolution. No royal proclamations heralding a new era. Instead, it was a legal precedent, a ruling passed down in a courtroom, that began to redefine economic reality. It shifted the locus of monetary value from an intrinsic quality (like the weight of precious metal) to a declaration of authority. The Crown was asserting its right not just to mint coins, but to assign their value, even if that value diverged from their metallic content.

This subtle, yet seismic, shift had profound, long-term implications. It began to decouple money’s value from its material composition, paving the way for the eventual concept of fiat currency – money whose value is derived from government decree rather than a physical commodity.

 The principle that a government’s stamp, its legal tender status, could effectively determine a currency’s worth overrode the simple equation of gold or silver content.

To truly understand how money functions today, how its value is created, controlled, and manipulated, we must look beyond the well-trodden paths of 20th and 21st-century finance. The threads of our modern monetary system stretch back an astonishing four centuries, to a seemingly obscure legal skirmish in Ireland.

It was here, in 1604, that the Crown quietly planted the seeds of a new monetary paradigm, a paradigm where legal authority, rather than market forces or metallic content alone, became the ultimate arbiter of value.

For further insights into this fascinating and overlooked chapter in monetary history, and to uncover the detailed mechanics of this pivotal legal case, explore the full video from Miles Harris. It’s a journey that rewrites our understanding of when and how one of history’s most important economic transformations truly began.

https://youtu.be/xdZpyeLuVI4

https://dinarchronicles.com/2025/08/07/miles-harris-not-1971-it-was-1604-the-birth-of-fiat-currency/

13 Ways To Save Money Right Now, According to George Kamel

13 Ways To Save Money Right Now, According to George Kamel

Ashley Donohoe  Thu, August 7, 2025  GOBankingRates

A May 2025 McKinsey & Company survey found that inflation and tariffs topped the list of concerns for Americans, with 32% of respondents having changed their spending and another 31% planning to.

Whether you need to save money out of necessity or just want to progress more quickly toward a goal, you can do so without giving up the essentials or living an extremely frugal life.

In a recent YouTube video, money expert George Kamel discussed many creative and simple ways to cut costs. Think about which of these strategies might work for you.

Find a Roommate

While you could move to a cheaper place, finding a roommate is an easier cost-saving option. Between splitting the rent and utilities, you could save several thousand dollars each year, with the catch being that you give up some privacy.

Kamel suggested carefully vetting your potential roommate to find a responsible match.

Get Rid of Private Mortgage Insurance

If you bought your house with a conventional mortgage with a low down payment and now have at least 20% equity, you can contact your lender to see if you can stop paying for private mortgage insurance (PMI).

Fannie Mae noted that the typical cost is around 0.58% to 1.86% of your loan amount each year, so you could see significant savings in your mortgage payment.

Bundle Your Utilities

Kamel suggested bundling services through one provider for potential savings. For example, major cable TV companies like Xfinity and Spectrum offer internet, home phone and cellular services in packages. It’s also worth shopping around with a competitor if you already have a bundle that has become more expensive after your promo period expired.

Set Up Automatic Payments

Not only does using autopay help you avoid the costs of late payments, but your provider might even offer a small discount. You’ll often find this perk available for insurance premiums, utility bills and certain loan payments. Just make sure to have the funds available when the payment is due.

Be More Energy-Efficient

TO READ MORE:  https://www.yahoo.com/lifestyle/articles/13-ways-save-money-now-143834993.html

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 8-7-25

Good Afternoon Dinar Recaps,

Bank of England Expected to Cut Interest Rate to 4.0% Despite Rising Inflation

• BoE expected to cut rates from 4.25% to 4.0%

• UK inflation accelerates, while growth continues to contract

• GBP/USD at risk of falling toward August lows near 1.3140

The Bank of England (BoE) is poised to announce a 25-basis-point interest rate cut on Thursday, reducing the benchmark rate from 4.25% to 4.0%, according to growing market consensus. Analysts expect that seven out of nine Monetary Policy Committee (MPC) members will vote in favor of the cut, up from just three in the previous meeting.

The decision will be accompanied by the meeting Minutes and the Monetary Policy Report, offering insight into the BoE’s updated economic outlook and inflation projections. Following the announcement, Governor Andrew Bailey is scheduled to deliver a press conference outlining the rationale behind the rate cut and potentially signaling the bank’s future policy trajectory.

Economic Backdrop: A Conflicting Picture

The BoE last held rates steady in June. At that time, three MPC members cited:

• Weakened labor market conditions

• Subdued consumer demand

• Wage growth trending toward sustainable levels

Since then, economic indicators have continued to show strain:

• UK GDP contracted 0.1% MoM in May, following a 0.3% contraction in April

• Production output fell 0.9%

• Construction output declined 0.6%

• Services output rose slightly by 0.1%

These figures paint a troubling picture of a slowing UK economy, just ahead of the Q2 GDP estimate set for release on August 14.

Inflation Rebounds—Complicating the BoE’s Dilemma

Despite declining growth, inflation rose sharply in June:

• Headline CPI climbed to 3.6% YoY, up from 3.4% in May

• Core CPI increased to 3.7% YoY, from 3.5%

• Services inflation held steady at 4.7%, with food prices showing their biggest jump since February 2024

Meanwhile, labor market conditions continue to loosen, with the unemployment rate climbing to 4.7% in April, from 4.4% at the start of the year.

As the central bank weighs slowing growth against persistent inflationary pressures, Governor Bailey recently reiterated:

“I really do believe the path is downward”—referring to interest rates.

Revised Economic Forecasts Expected

Analysts anticipate that the BoE may:

• Upgrade inflation projections due to sticky services inflation and rising food prices

• Downgrade growth expectations, reflecting weak consumer demand and broad-based output declines

Market Reaction: GBP/USD Faces Downside Risk

Ahead of the announcement, GBP/USD is trading just above 1.3300, struggling to extend gains. The central bank’s split vote and cautious tone are expected to exert downward pressure on the British Pound.

According to Valeria Bednarik, Chief Analyst at FXStreet:

“The GBP/USD pair hovers around its weekly peak in the 1.3330 region, without any technical sign of additional gains ahead.”

She continues:

“The pair could turn bullish only if it breaks above 1.3400, an unlikely scenario given the expected BoE announcement. On the downside, watch the 1.3250 support—if breached, GBP/USD could target the August low at 1.3141.”

Conclusion

The Bank of England faces a complex policy crossroads: inflation is rising, but growth is faltering. While a rate cut appears imminent, the communication strategy and vote split may be the biggest market movers. The fate of the GBP/USD pair hangs in the balance, with downside risks mounting unless the BoE delivers a surprisingly hawkish outlook.

@ Newshounds News™
Source:  BeInCrypto

~~~~~~~~~

Canada & Mexico to Join BRICS? The Fall of the US Dollar in 2024?

• Exploring BRICS Expansion in the Western Hemisphere

• Mexico formally declines BRICS membership

• Canada remains silent on BRICS engagement

• Is the US Dollar's global dominance at risk?

Potential Expansion of BRICS: An Analysis of Canada and Mexico’s Involvement

The BRICS bloc—originally composed of Brazil, Russia, India, China, and South Africa—has been rapidly expanding. In August 2023, the alliance extended invitations to several countries, five of which officially joined in 2024. This growth has sparked speculation about whether Western-aligned nations, including Canada and Mexico, could eventually pivot toward BRICS, potentially accelerating dedollarization efforts worldwide.

Mexico’s Stance on Joining BRICS

Speculation surrounding Mexico’s potential entry into BRICS intensified in mid-2023, ahead of the bloc’s August summit. However, Mexican President Andrés Manuel López Obrador publicly refuted such claims, affirming that Mexico would not seek membership in the alliance. The decision aligned with Mexico’s longstanding trade, economic, and geopolitical ties with the United States under frameworks such as USMCA.

Canada’s Position Regarding BRICS

In contrast to Mexico, Canada has made no official statements regarding BRICS membership. To date, there have been no public discussions, diplomatic engagements, or policy shifts that indicate Canadian interest in aligning with the BRICS bloc. Canada remains a core member of Western institutions such as the G7, NATO, and the OECD, further reinforcing its alignment with the existing US-led financial order.

Will Canada and Mexico Join BRICS?

Based on current geopolitical alignments, it appears highly unlikely that either Canada or Mexico would pursue BRICS membership in the near term—particularly with the explicit goal of weakening or replacing the US Dollar. While 2023 saw increasing concerns over the dollar’s global dominance, including inflationary pressures and internal US political division, both Canada and Mexico remain deeply integrated into the US-centric financial and security architecture.

BRICS’ Aspirations and Western Countries’ Responses

BRICS continues to push for greater economic sovereignty and a shift away from dollar dependency, aiming to promote settlement in local currencies and eventually introduce a shared digital or commodities-backed currency. These efforts have been well-received in parts of the Global South and among energy-exporting nations seeking alternatives to SWIFT and IMF dollarization structures.

Yet, the idea that NATO-aligned nations such as Canada and Mexico would join this movement remains speculative at best. Their participation in the US-led global order, access to Western capital markets, and dependence on the North American economic ecosystem make BRICS membership both politically improbable and economically costly.

Conclusion: Realignment or Rhetoric?

Despite BRICS’ expansion and continued calls for monetary multipolarity, neither Canada nor Mexico are expected to deviate from their current trajectories. While the US Dollar faces challenges, its foundational role in global trade, reserves, and institutional finance still ensures that Western partners remain tethered—for now.

As BRICS gains more influence in the Global South, 2024 will be a year to watch—but expectations of Western defection to the bloc remain premature.

@ Newshounds News™
Source:  aped.ai

~~~~~~~~~

BRICS to Discuss Joint Response to Trump’s Tariffs

• Lula calls out Trump’s “unilateralism” and threat to multilateral trade

• BRICS members may coordinate action in response to rising tariffs

• Brazil, India, and China seek a unified strategy to limit U.S. economic pressure

Lula Urges BRICS Coordination Amid Rising U.S. Tariffs

The BRICS bloc—comprising Brazil, Russia, India, China, and South Africa—is preparing to discuss a coordinated response to U.S. President Donald Trump’s escalating tariff threats. The initiative comes directly from Brazilian President Luiz Inácio Lula da Silva, who criticized Trump’s approach to international trade as a deliberate attempt to undermine multilateral institutions.

“What President Trump is doing is tacit — he wants to dismantle multilateralism, where agreements are made collectively within institutions, and replace it with unilateralism, where he negotiates one-on-one with other countries,” Lula told Reuters.

President Lula stated that he would initiate conversations with fellow BRICS leaders, beginning with Indian Prime Minister Narendra Modi on Thursday, followed by China’s President Xi Jinping and others. His goal: to understand how each nation is affected by the U.S. measures and to formulate a joint response.

“I’m going to try to discuss with them about how each one is doing in this situation, what the implications are for each country, so we can make a decision.”

Where BRICS Tariffs Currently Stand

• U.S.–Brazil Tariffs: Currently at 50%

• India Tariffs: Increased today by 25%, now totaling 50%

• China–U.S. Tariffs: Paused for now

• Russia Tariffs: Above 30%

• Canada Tariffs: Recently raised to 35%

• EU Goods: Settled at a new 15% tariff

Trump has recently labeled the BRICS alliance as “anti-American”, issuing public threats to impose an additional 10% blanket tariff on bloc members. Some individual BRICS nations, notably India and China, have explored bilateral deals with the U.S. to mitigate tariff effects. However, growing pressure may force a unified BRICS front to resist escalating U.S. protectionism.

Brazil’s Leadership Role in BRICS Response

President Lula emphasized that Brazil currently holds the BRICS presidency, granting it a leading role in shaping the bloc’s diplomatic and economic posture. In his interview, he expressed concern not just over tariffs, but over Trump’s broader agenda to dismantle multilateral norms:

“I want to discuss with our allies why Trump is attacking multilateralism and what his goals may be.”

Notably, Lula did not reference any intention to engage Trump directly as part of this initiative, suggesting that the response will remain within the BRICS framework for now.

The Bigger Picture: Trump’s Tariff Offensive

In recent days, President Trump has accelerated a wave of protectionist trade measures as part of his self-imposed tariff deadline. These include:

• 35% tariffs on Canadian imports

• 50% tariffs on Brazilian goods

• 15% settled tariffs on EU exports

All of this appears to be part of a broader realignment of U.S. trade policy aimed at strengthening leverage ahead of key diplomatic deadlines.

Conclusion: BRICS Eyes a Coordinated Strategy

The growing web of tariffs has created significant uncertainty for global markets and placed BRICS nations on alert. As Lula takes steps to convene the bloc’s leadership, the prospect of a cohesive BRICS economic strategy—and possibly retaliatory action—marks a pivotal moment in the evolving U.S.–BRICS relationship.

@ Newshounds News™
Source:  Watcher.Guru    

~~~~~~~~~

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Thank you Dinar Recaps

Thursday “Tidbits From TNT” 8-7-2025

TNT:

Tishwash:  Central Bank Governor: We are working to consolidate the electronic payment infrastructure through five strategic projects.

The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced today, Thursday, the development of rules and guidelines supporting the electronic payment system, revealing five major national projects aimed at consolidating the infrastructure for this system, as part of the move towards comprehensive digital transformation.

Al-Alaq said, during the "Comprehensive Transformation of Electronic Payment" conference, that "digitalization is no longer a luxury option, but rather a strategic necessity for building a modern state and a diversified economy, and achieving transparency in service provision."

He stressed that "Iraq has a historic opportunity to make up for lost time and launch a new vision to combat corruption and stimulate investment."

He explained that the Central Bank is working to develop an integrated and secure payment system that meets the highest international standards and enhances the efficiency of financial transactions, in cooperation with the government and within national initiatives that include salary localization, electronic immunization, and development financing programs.

Al-Alaq explained that the five main projects are:

The Instant Payments System: enables money transfers around the clock and provides a smooth and secure user experience.

The Unified Government Payments Portal: contributes to facilitating payment procedures and enhancing transparency.

The National Card Scheme: establishes an independent national system that preserves digital sovereignty and serves the local market.

Developing the National Operations Department: Enhances the ability to efficiently manage the increasing volume of transactions.

Regional and international partnerships: Aim to leverage the advanced tools of global payment networks.   link

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Tishwash:  Iraq's Bank Restructuring Project: Commit, Merge, or Liquidate!

The Iraqi banking sector is witnessing an unprecedented transformation with the launch of a comprehensive reform project led by the Central Bank of Iraq (CBI), in collaboration with the global firm Oliver Wyman.

 The project aims to restructure the banking system and raise its efficiency in line with international best practices. The plan, which extends until 2028, seeks to reorganize the status of private banks and determine their future within the market through clear and well-defined paths.

Economic expert Abdul Rahman Al-Shaikhly said, "The Iraqi banking system is currently witnessing a broad reform movement aimed at restructuring and organizing it in accordance with international best practices, under the direct supervision and strict oversight of the CBI."

Al-Shaikhly explained in a statement to Al-Mada that "the CBI is adopting a comprehensive reform roadmap extending until early 2028. It is being implemented in semi-annual phases, in cooperation with the global financial consulting firm Oliver Wyman, which has been contracted to undertake the reform and restructuring task."

According to the approved plan, the private banking sector, both commercial and Islamic, is given three basic options to determine its future path within the Iraqi financial system. These are: continuing to operate within the banking system, provided it fully complies with the required regulatory and technical standards; merging with another existing bank; or forming a new banking entity through a union between two or more institutions.

 In addition, the Central Bank imposes non-refundable fees on banks that choose either the continuation or merger options, in exchange for monitoring and implementing reform requirements. The continuation option fee is estimated at $2.4 million annually, while the merger option fee is $1.2 million. Banks that decide to voluntarily withdraw and liquidate are fully exempt from paying any fees.

The new reform project comes amid growing local and international calls to restructure the banking system in Iraq, which has for decades suffered from chronic problems related to weak governance, low financial inclusion rates, and the majority of citizens' reliance on cash transactions outside the formal banking framework.

Iraq has more than 70 banks, including government, private, and Islamic banks. However, a large number of them lack the foundations of modern banking operations and face difficulties in adhering to international standards, particularly those related to combating money laundering and terrorist financing.

This has exposed the country to pressure from international regulatory bodies, such as the Financial Action Task Force (FATF) and the International Monetary Fund. The Central Bank of Iraq (CBI) has launched several initiatives in recent years to stimulate the banking sector, but these have not achieved the desired impact. This prompted it to adopt a comprehensive reform plan in cooperation with the global firm Oliver Wyman, which has experience in reforming banking systems in numerous countries, including Jordan, Egypt, and Greece.

This step is viewed as a serious attempt to break with traditional banking practices that are no longer viable, especially in light of the economic and financial challenges facing the country and the increasing pressure to provide a transparent and efficient financial environment capable of attracting investment and enhancing monetary stability.

In light of these challenges, the Central Bank seeks, through the new project, to redraw the map of the banking sector by granting private banks specific options to continue operating, merge, or voluntarily exit the market. This step aims to liquidate weak entities and strengthen those capable of adhering to the required technical and regulatory standards.  link

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

Tishwash:  Digital Transformation in Iraq: Confident Steps Towards E-Governance and Combating Corruption

As Iraq began its serious steps toward e-governance, it emerged as a strong competitor in various fields, including tracking dinar movements and combating corruption. These steps reflect a clear government will to bring about a digital transformation that strengthens the economy and serves citizens.

Tasnim International News Agency - As Iraq has taken steps toward e-governance, it has become a strong competitor in several areas, including tracking the movement of the Iraqi dinar and combating corruption.

inancial and economic expert Dr. Safwan Qusay told Tasnim: It is clear that Al-Sudani's government has moved towards investing in technology to track the movement of the Iraqi dinar and transactions. A platform has been launched, the "Our Platform," which works to ensure that all government units provide their services through an integrated system of the internet and intranet.

This allows us to provide these services without any friction between citizens and employees using technology. This contributes to improving performance and, consequently, the possibility of establishing responsibility centers, whether internally or at the level of units in the private sector. This will contribute to accelerating the globalization of the Iraqi economy, especially as we face a set of challenges in transferring the Iraqi economy to the international environment.

Dr. Mohammed Al-Khazai, Director of the Union Center for Media Training, told Tasnim: The Iraqi government has made relative progress in some aspects of e-government, such as digital tax collection, such as the e-passport, and facilitating citizen transactions. However, it remains below the desired level due to the lack of an integrated infrastructure and the multiplicity of implementing agencies. This has hindered the comprehensive transformation of the digital project, not to mention the large amount of red tape and bureaucracy in paper transactions that continue to burden citizens.

Citizens interviewed by Tasnim News Agency in Baghdad expressed their hope that the culture of electronic payment would spread, contributing to the government's efforts to strengthen the Iraqi economy. They also expressed their support for any progress the government makes in serving citizens. Some said that electronic transactions have achieved a qualitative leap forward, contributing to the reduction of bribery.

The government, through the Ministry of Planning, indicated that these steps toward digitization, e-governance, and e-payment, which have become widespread in Iraq, mark the beginning of an era in which Iraq will compete with countries in the region, and even the world.

Abdul Zahra Al-Hindawi, the official spokesperson for the Ministry of Planning, told Tasnim: “The Iraqi government has a comprehensive approach to digital transformation within its development plans. This issue has been a significant component of the targets of the five-year development plan 2024-2028, as well as within Iraq’s Vision for Sustainable Development 2030. This is in addition to the focus of the current government’s program and the important measures taken by the state’s various institutions, sectors, and activities in this area.”

Thus, Iraq is advancing in the global rankings of countries operating in the field of electronic systems and electronic payments, in steps that have strengthened the government's capabilities and benefited citizens.  link

Mot: FINALLY!! - The Answer YOu Have Been Looking for ~~~

Mot:  . So Many Are ~~~~ LOL !!! 

Thursday Coffee with MarkZ. 08/07/2025

Thursday Coffee with MarkZ. 08/07/2025

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

Good Morning Mark, Mods and Dinarians

Member: Are you surprised we are still here and still waiting Mark?

MZ: I am very surprised. Especially since I know what level of readiness and prep we are. They are ready. Pretty much everybody is at the place they need them to be.

Member: Does anyone else think this feels like groundhog day?

Member: It certainly feels quiet right now for RV news.

MZ: Right now there is a lot of pressure- especially out of Reno and on bond contacts and groups to be very quiet right now. Many are pushing us and trying to convince us that if we would just take a low profile and not give dates…..it would go much quicker.

MZ: The claim is they have been ready to pull the trigger a couple times in the last month or two but they havn’t because somebody on the boards claimed it was happening certain times. We do not know the timing.

MZ:  I find it a little suspicious they are trying to convince us that myself or Mike or Tony or any others could completely stall or derail an entire global reset of the entire monetary system….I call BS….but, will play the game.

MZ: there is a lot of pressure to keep things “vague” without specifics. That is why the news and everyone seems to be quiet…..There is pressure on.  

Member: I wonder- Could Iraq still go alone if others are not yet ready?

Member: I wonder- Would they let the other RV countries go if they are ready?

Member: Are they blaming Sudani for no RV?

MZ: they are definitely trying to deflect the RV not happening on Sudani. But myself and all my contacts call BS on that.

Member: kinda makes me think the people who are in charge of releasing this have been compromised

MZ: I just want it done. We are all tired. The world needs to move on.

Member: I wonder who benefits by postponing the revaluation?

Member: Maybe the Aliens are holding up dinar rv ??  LOL

MZ: In Iraq: “Parliamentarian: the last legislative term requires the passage of stalled laws” There is a massive push to finish things before sudani’s terem ends. Remember- Sudani has made great promises for this term.

Member: His term ends Nov. 11th…unless of course he is re-elected.

MZ: One of the reasons for this push is there is a 4-5 day pilgrimage coming up. The second largest pilgrimage in the Islamic world. About 15 million people all go to Arabeen in Najaf…..and a shrine of the grandson of Muhammad. They go there every year and it’s a big deal for them. It begins August 14th.

MZ: Lawmakers say there will be a short break during that time…..so there is a push to get all this legislation finished.  Including Oil and Gas laws and the Popular mobilization law. They are trying to hurry up and finish because of this pilgrimage.

MZ: Sudani said early on that during this term he would return the dinar to its former glory. Make the dinar the father of the dollar. (More valuable than the dollar)

MZ: “Iraq to resume oil exports to Turkey this week”  We thought it would happen Tues. or Wed….now they are looking at today. I was told the trucks and tankers are off loading for the daily “pump” of the pipeline.  

MZ: this is a fun one. “Zimbabwe: Technical Assistance Report-financial sector stability review -follow up technical assistance on the implementation of Basel 3 Capital framework” this tells me Zimbabwe is definitely headed for the first basket.

MZ: “ Vietnam’s FDI (foreign direct Investment) grows 27.3 % in seven months, signals investor confidence” Many of the big companies know the reset is coming.

MZ: There was a Federal Reserve meeting on August 1st “ Official Reserve Revaluations -the International Experience”  they go through history and tell us about times where gold and other things have been “revalued” . Specifically talking about metals and 5 times where they have revalued our reserves and the history of how it has happened in the past.

MZ: Why do you think they put this out? I think they are preparing us …This way they can say they told us about it…..

Member: I heard if they revalued the gold in Ft. Knox to Market rate or higher…it could really pay down the national debt.

Member: Trump sure made a big deal about tariffs going midnight last night.

Member: It just seems tariffs are a cover for Nesara. Sad that we can’t just come out and tell the truth because the normies can’t handle it. In my book, truth is always best.

Member: Rumor is when our Tarriff income hits $750 Billion- they can cancel income taxes on all of us who make less than $150 thousand a year. That would be such a blessing.

 Member: Tuesday I had a co-worker stated he was headed to the bank with bond appointment and is now MIA.

Member: Mark. Was up at 2 this morning. Checked my Bank account. There was a bulletin saying they were down for upgrades

Member: Is there anything special about Aug 15, I have been hearing alot of chatter about that date.

Member: We were told in the beginning that when we got close everything would be crazy and seem hopeless. It feels like we are close

Member: Stay positive and living in the Present. Enjoy/appreciate every Blessing we receive every day

Member: Enjoy the rest of the day Friends, see you tonight..

MZ: We will be closing down on youtube about the 45 minute mark and going to rumble or Kick or Twitch  to listen to Stacie Z today. Things youtube may not like.   https://rumble.com/v6x9lbo-coffee-with-markz.-08072025.html

Mod:  KICK https://kick.com/theoriginalmarkz

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

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

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

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

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.

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

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=Fu3kE0nT9T0

News, Rumors and Opinions Thursday 8-7-2025

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. 7 August 2025

Compiled Thurs. 7 August 2025 12:01 am EST by Judy Byington

Judy Note: High Up Rumors were that it would be wise to stay inside for the next couple of days as chaos was about to hit nations across the Globe.

Trump has (allegedly) given the Green Light for the new Quantum Financial System to slide into place.

To control the expected chaos happening upon the closure of Central Banks, the Emergency Broadcast System was expected to be activated (over cell phones) worldwide sometime within the next week, or by Memorial Day Weekend beginning Fri. 15 Aug.

The Global Military Alliance and BRICS Nations’ recent (allegedly) implementation of the Quantum Financial System changed all. Now every stolen dollar, every offshore vault, every hidden transaction — was tracked, blocked and reversed.

The QFS didn’t just bypass the banks. It replaced them.

NEXT 72-HOUR SEQUENCE: If your phone chirps three short, one long-stand by.

Market Pause: “Technical maintenance” across CME & NYSE (real reason: ledger drain).
Bank Holiday: announced as “cyber review,” buys 48 hrs for QFS hard cut-over.
EBS Rollout: every screen, every band, unskippable.
GESARA Credits: debt slate wiped, gold weight assigned to biometric wallets.

When step 3 lands, the world you know archives itself in a single frame. After that, history restarts.

REMEMBER: There will be no second feed. No mainstream hand-holding. You’re either watching from the inside-or refreshing a dead webpage. Stay aligned. Stay ready. GOD WINS.

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What We Think We Know as of Thurs. 7August 2025:

Fed Chairman Jerome Powell Criminally Referred For Alleged Perjury About $2.5 Billion Building Renovation. The Federal Marshalls had raided the Federal Reserve in search of stolen US Gold. https://x.com/1Nicdar/status/1953179478303146391

The Kurdistan Region has announced they will resume exporting of oil on Thurs. 7 Aug. 2025. (They couldn’t do this unless the RV had happened).

Tues. 5 Aug. 2025: JUST IN: FINANCIAL EARTHQUAKE: TRUMP LOADS THE CANNON ON THE FED – POWELL BRANDED “TOO LATE” AS TRUMP PICKS FROM 4 REPLACEMENTS [VIDEO] – amg-news.com – American Media Group

~~~~~~~~~~~~~

Possible Timing:

Wed. 6 Aug. 2025 It was rumored that a High Up Source indicated that on Tues. 5 Aug. 2025 the Iraqi international Dinar Rate was set at $4.22, the new rate was published in the Iraqi Gazette on Wed. 6 Aug. and with this successfully revaluation of the Iraqi Dinar, there was a probability that Tier4b would be notified to set appointments to exchange foreign currencies at their new rates on Thurs. 7 Aug.

Wed. 6 Aug. 2025 Liberty Lounger Extraordinaire, Sue of GLL: “This morning my friend who holds Farmers Bonds and Yellow Dragon Bonds called and said that the people from Switzerland contacted her and said to be ready to sign for the pay out of her bonds and that all was moving now. She said that the ARMY was handling all of this.

Wed. 6 Aug. Wolverine: “I can’t say much. Everything is confidential. I’ve talked to several Paymasters and they’re all more than excited. Believe it’s really happening. We’re about to cross that finish line. I’ve been told from high up that us Intel providers need to shut up as not to hamper the release of funds. This is why there is no Intel . It does not mean it’s not happening as things are definitely happening. As of Friday if sovereigns get release I cannot talk anymore. The only time you will hear me is when the opera gets release. Have faith and stay close to God. God bless you all.” Wolverine

The Kurdistan Region has announced they will resume exporting of oil on Thurs. 7 Aug. 2025. (They couldn’t do this unless the RV had happened).

~~~~~~~~~~~~~

Tues. 5 Aug. 2025 Bruce:

On Mon. 4 Aug. NESARA was activated.

Today Tues. 5 Aug. Trump said they were going to put out a dividend check from the tariff or DOGE savings.

Redemption Centers will have better rates than banks.

Banks had Dong and Dinar rates on their screens yesterday that were very good.

Today Tues. 5 Aug. a crawler on the bottom of the Redemption Center screen said Tier4b will be notified within next 48 hours.

They would like to have your money within a Trust within 30 days.

Read full post here:  https://dinarchronicles.com/2025/08/07/restored-republic-via-a-gcr-update-as-of-august-7-2025/

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

Mnt Goat   What we have is all still very good news and showing Iraq is still moving in the right direction...Iraq is still aggressively fighting that uphill battle to regain its full sovereignty and financial independence...  However...As long as Iraq is on the petro-dollar and it is the sole peg for the dinar, this will continue...In recent weeks the CBI has come out with so much news about finally being able to control the dollar in Iraq by controlling the parallel market. Why is this so important?  [Post 1 of 2....stay tuned]

Mnt Goat   We know that the CBI has told us there is going to be one more “official” rate change after the 1320 then conduct the Project to Delete the Zeros once this control of the parallel market is accomplished. My contact in the CBI then told me they thought that maybe the parallel market could reach the official rate by the end of last week. Did it?  We still wait for the news to come... the Project to Delete the Zeros is a focal point for the rest of the process going forward to make it to the reinstatement of the dinar back to FOREX, with a rate was as investors want. [Post 2 of 2]

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

BREAKING: Russia Just DESTROYED London's Gold Market Monopoly FOREVER!

Financial Wisdom:  8-6-2025

0:00 - Russia to start trading gold on the St. Petersburg Exchange

1:05 - Global competition and manipulation in gold markets

 2:17 - Russia’s role in the global gold market

 3:02 - Russia's move towards de-dollarization

4:55 - Russia’s indirect critique of the U.S. and London

5:53 - China’s skyrocketing demand for gold

7:20 - The rising price of gold and the U.S. economy

7:53 - Central banks buying gold from local miners

 8:59 - A shift towards buying gold from small-scale miners

10:12 - The global trend away from London-based gold markets

https://www.youtube.com/watch?v=HwuAS31vkzg

Seeds of Wisdom RV and Economic Updates Thursday Morning 8-7-25

Good morning Dinar Recaps,

U.S. Government Announces ChatGPT Integration Across Federal Agencies

White House-backed initiative positions OpenAI’s ChatGPT as a central tool in America’s bid for AI leadership

The U.S. federal government has officially signed a new agreement with OpenAI to bring an enterprise-level version of ChatGPT into use across all government agencies—marking a major milestone in the nation's AI integration strategy.

The move is part of a broader plan by the Trump administration to make the United States the global capital of artificial intelligence, in line with the White House’s newly released AI Action Plan.

ChatGPT Access for Every Agency—at $1 Each

According to a statement from the General Services Administration (GSA) on Wednesday, the agreement provides every federal agency access to the ChatGPT platform at a nominal rate of $1 per agency. This is intended to fast-track the integration of AI into day-to-day operations, workflows, and decision-making processes across the U.S. government.

The GSA, which oversees federal procurement, emphasized that the agreement:

• Directly supports the White House’s AI Action Plan

• Aims to “modernize federal operations” through artificial intelligence

• Is a strategic public-private partnership aligned with U.S. national interests

The White House’s Three-Pillar AI Strategy

The administration’s AI Action Plan revolves around:

• Developing U.S. AI leadership across both civilian and defense sectors

• Scaling access to AI tools through public-private collaborations

• Building trust and safeguards into AI governance and cybersecurity

The OpenAI deal, government officials say, is a step toward ensuring the United States remains competitive against global powers in AI development and application.

Critics Warn of Dangers: Privacy, Censorship, and Surveillance

Despite the enthusiasm, civil liberties advocates, technologists, and cybersecurity experts are raising red flags. Key concerns include:

• Privacy violations stemming from centralized data collection

• Government censorship via AI-nudged narrative shaping

• Cybersecurity risks involving sensitive federal and military data

• Erosion of civil liberties under automated governance systems

Military Already Expressed Caution with Generative AI

In 2023, the U.S. Space Force temporarily halted the use of generative AI platforms—including ChatGPT—due to national security concerns over data sensitivity.

“AI platforms must overhaul data protection standards before they can be adopted for military use,”
— Lisa Costa, Deputy Chief of Space Operations for Technology and Innovation, U.S. Space Force

Public Backlash Is Not Limited to the U.S.

The ethical and legal ramifications of AI-assisted governance are drawing scrutiny abroad as well. In Sweden, Prime Minister Ulf Kristersson admitted to consulting AI for policy advice—sparking controversy over AI influence on democratic decision-making.

A spokesperson clarified that the AI was not used to handle classified or national security-related matters. Still, the public response reflected growing unease over AI encroachment into public governance.

Data Use and Legal Exposure Remain Unclear

AI systems like ChatGPT ingest vast amounts of user data, including content from conversations, to refine their models. These interactions, when stored on centralized servers, create potential liabilities for users.

“ChatGPT conversations could be used as legal evidence against users,”
— Sam Altman, CEO of OpenAI

Altman emphasized that AI chats lack privacy protections, are not privileged, and are subject to lawful search and seizure.

Bottom Line: Innovation Meets Uncertainty

While the OpenAI–GSA deal marks a watershed moment in U.S. AI strategy, it also exposes unresolved issues around:

• User privacy rights

• Data ownership and legal protection

• Government accountability in AI deployment

As the United States pushes forward to establish itself as the AI capital of the world, the race to modernize may collide with longstanding democratic principles—forcing lawmakers, developers, and citizens alike to confront a new era of algorithmic governance.

@ Newshounds News™
Source:  Cointelegraph

~~~~~~~~~

ICBA to OCC: Reject Ripple’s Bank Application Over Stablecoin and Compliance Issues

The Independent Community Bankers of America (ICBA) has formally petitioned the Office of the Comptroller of the Currency (OCC) to reject Ripple’s application for a national trust bank charter, citing major concerns around RLUSD, Ripple’s proposed U.S. dollar-backed stablecoin.

The ICBA, which represents thousands of small banks across the U.S., argues that the integration of RLUSD into the banking system could siphon deposits from community banks, disrupt financial stability, and weaken regulatory standards.

Key Objections:

• Ripple’s RLUSD stablecoin mimics traditional bank deposits, enabling transfers, purchases, and dollar redemptions—without adhering to the full regulatory requirements that apply to full-service banks.

• Trust banks were designed to fulfill custodial and fiduciary roles, not operate as quasi-commercial banks using stablecoins.

• Ripple’s regulatory history, including violations of BSA/AML/CFT obligations and ongoing legal conflict with the SEC, makes it a risky candidate for a federal charter.

• The OCC’s recent adjustments to trust bank eligibility requirements lack statutory support and could set a dangerous precedent if crypto firms like Ripple are allowed to bypass traditional compliance standards.

ICBA’s Core Arguments:

“The OCC should not allow stablecoin issuers to use the national trust bank charter to benefit from full-service bank-powers without full-service bank-requirements.”

The ICBA underscores that RLUSD, while functionally similar to traditional deposits, falls outside the regulatory umbrella that typically governs insured depository institutions. The group argues this creates a regulatory arbitrage loophole that could:

• Destabilize smaller banks

• Reduce consumer protections

• Undermine trust in the banking sector

Ripple’s Compliance History Under Fire

The ICBA letter highlights Ripple Labs’ past failures to implement Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Counter-Terrorism Financing (CFT) controls. Specific incidents include:

• Regulatory actions taken against XRP II, Ripple’s subsidiary

• The SEC lawsuit, which alleges deliberate and reckless securities law violations

• A pattern of non-compliance that reflects an unwillingness to operate within established legal boundaries

“Ripple also has difficulty complying with securities laws and regulations,” the letter stated, concluding that such conduct should disqualify Ripple from accessing a national trust bank charter.

Call for Stricter Oversight of Crypto-Financial Entities

The ICBA contends that the OCC’s loosening of national trust bank requirements has eroded a critical layer of regulatory protection. It demands:

• Stronger consumer protections

• Stricter eligibility criteria

• Expanded risk oversight

• Targeted enforcement against crypto-focused applicants

The group warns that failure to apply these safeguards could lead to unchecked financial engineering, jeopardizing deposit security, market stability, and public confidence in the financial system.

“Any company that pushes the boundaries of securities law, like Ripple Labs, should not be permitted to use the national trust bank charter,” the letter emphasized.

Conclusion

The ICBA’s public opposition to Ripple’s banking ambitions brings to light the growing tensions between traditional financial institutions and crypto-native firms. As regulatory agencies like the OCC navigate the future of fintech and digital assets, the decision on Ripple’s charter application will serve as a high-stakes precedent for the banking and crypto sectors alike.

@ Newshounds News™
Source:  CoinPedia

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Are $600 Tariff Rebate Checks Coming? Here’s What You Need To Know

Are $600 Tariff Rebate Checks Coming? Here’s What You Need To Know

T. Woods  Wed, August 6, 2025  GOBankingRates

In March of 2020, the Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law by President Donald Trump. CARES was an economic stimulus package that included one-time cash payments of $1,200 to most Americans to help offset the unprecedented financial impact of the COVID-19 virus. Just over five years later, Trump is once again considering issuing a government check to most Americans, this time in the form of a rebate paid with revenue from his trade tariffs.

Per CNBC, President Trump recently told to reporters that there was a good amount of incoming money from tariffs it could potentially result in rebates — here’s what we know.

Is There a Plan in Action?

In response to this, Senator Josh Hawley (R-MO) has introduced a bill that would issue these tariff rebate checks to Americans in a similar cash disbursement to the CARES payments of 2020, according to his official page. The bill, called the “American Worker Rebate Act of 2025,” would see $600 at minimum sent to American adults and dependent children (or $2,400 for a family of four). That “at minimum” is worth noting, as well — there is a provision in the bill for the payments to be higher than $600 per person if tariff revenue is ultimately higher than expected.

Also worth noting is the fact that the Treasury Department did indeed release a report showing an unexpected surplus in June, one that was helped by tariff revenues of approximately $27 billion — a 301% increase in custom duties from June 2024.

What Are the Potential Implications?

TO READ MORE:  https://www.yahoo.com/finance/news/600-tariff-rebate-checks-coming-090107842.html

FRANK26….8-6-25….ALOHA….TRUMP/SUDANI

KTFA

Wednesday Night Video

FRANK26….8-6-25….ALOHA….TRUMP/SUDANI

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

https://www.youtube.com/watch?v=qfdjD23Zwys