6 Common Excuses for Not Saving Money

6 Common Excuses for Not Saving Money   By Tara Struyk

Have you ever settled on a new exercise program, only to get a bad cold a few days in and happily throw yourself on the couch, relieved to have a handy excuse? Excuses must be human nature; I know I usually make them when I'm facing something that’s new, that's hard, or that I just don’t enjoy. And I’ve certainly made excuses when it comes to money.

In the years that I’ve been writing about personal finance and investing, I’ve also heard my fair share of excuses, mostly from readers who don’t agree with my advice. The problem is, unlike good financial habits, excuses are easy to come by, even though most of them just don’t stand up to reason. Check out some of the ones I’ve heard most frequently so far.

  Excuse: “I don’t make enough to save money.”

This may be true for some people, especially in this economy, but not having any money left at the end of the month doesn’t necessarily mean you can’t afford to save.

After all, most people spend money on a number of unnecessary things each month, such as restaurant meals, impulse buys, and cable TV. Finding some money for saving doesn’t have to mean voluntarily living in a dark, unheated room without any entertainment or luxuries, but if you’ve declared your budget too tight to put money aside before even looking for ways to reduce your spending, you’re making an excuse.

Excuse: “Interest rates are too low to bother with.”

Interest rates are at an all-time low right now, and that does make putting money into a savings account a little, well, disheartening. However, it’s likely that many of our grandparents — and certainly our great-grandparents — may have gone years without using a bank at all. Now that banks provide a safe place to park your cash, they pay interest in return for holding your money.

 Interest is a great way to grow your savings, but even if you get almost nothing, at least you have some cash when you need it. Plus, if you’re able to put enough away, you can always look into investments with the potential for higher returns, such as stocks and mutual funds.

Excuse: “I have too much debt to put money into savings.”

If you have a lot of debt, it’s important to focus some serious effort into getting rid of it. But that doesn't mean that every bit of money you can spare should go straight to your creditors. In fact, it’s more important than ever to save when you’re in debt because it can help you avoid digging yourself in deeper.

If you don't at least have a small emergency fund, you'll be forced to pull out your credit card when unexpected expenses — such as a car repair — inevitably arise.

Excuse: “I’ll catch up later when my salary is higher.”

In my experience, quite a number of people actually follow through on devoting money to savings when their salary increases. The problem is, if you wait too long, the time value of money can make it impossible to catch up. Consider this — if you start putting $1,000 a year into a mutual fund with a 15% average return when you’re 25 years old, you will have more than $340,000 in the bank when you turn 55.

Start 10 years later, and you’ll have to save three times as much per year to even come close to $340,000 — and you’ll still fall short by about $25,000.

The bottom line is that if you start saving earlier, you won't have to work nearly as hard as if you put it off.

Excuse: “I won’t be able to save enough to make a difference.”

This is one excuse that often comes up when saving for retirement. With many experts citing figures like a $1 million retirement fund, it’s easy to be discouraged. What many people forget, however, is that even a little bit of extra money can make a difference in your standard of living during retirement.

 If you retire today, you’ll get about $1,100 per month from Social Security. Depending on where you live, that’ll probably allow you to get by, but you won’t be taking any holiday cruises. But what if you were able to save $100,000 for retirement?

 It’s a small sum compared to $1 million, but it could mean an extra $500 per month in income during retirement. That’s enough to make life a lot more comfortable. The best part is, it only takes savings of about $1,000 per year, or $83 per month (assuming you save for 35 years at 5% interest) to arrive at that sum.

There’s an old proverb that says that if you don’t want to do something, one excuse is as good as another. When it comes to making changes to how we handle our money, most excuses arise from a desire to avoid rocking the boat, even when a financial shakeup is often just what we need.

Excuses, therefore, act as a mental escape route, allowing us to avoid tackling our finances, rather than facing them head on. And there’s no good excuse for that.

TO READ MORE: http://www.wisebread.com/6-common-excuses-for-not-saving-money?wbref=readmore-2

Ariel: Everything is Lining up for the Main Event

Ariel: Everything is Lining up for the Main Event

10-1-2026

No More US Coalition Forces In Iraq

• Complete The Cabinet

• Make The Official Announcement

• Sign Off On The Removal Of The Program Rate

• Enter The Forex Market With New Purchasing Power

~We Are Literally On The Mark

Il Donaldo Trumpo:  WE'RE FINALLY LEAVING IRAQ!!!

Watch on X: https://twitter.com/i/status/2105354076296802803

Everything Is Lining Up For The Main Event

A Field Report

The lattice is complete and every node just lit green. What you need to know.

Musk inside Project Meridian means satellite-verified gold corridors from Basra to Jordanian ports no more British MI6 smuggling runs through the oil fields, Space Force elements are already authenticating the shipments. Hegseth has US forces fully out of Iraq, which does something nobody’s talking about. It removes the last C***l cover story for stalling Baghdad’s cabinet, and the Kurdish-Shiite-Sunni power-sharing deal is now finalizing with the October 15, 2027 budget pegging the dinar directly to those 170 verified tons.

Here’s the detail that should have every IQD holder excited.

Judy Shelton didn’t take a ceremonial Treasury role she’s Counselor with direct channel to the Secretary, her gold-standard blueprint is in active circulation, and the SEC/CFTC rule finalizations mean gold-backed instruments are now legally tradeable on US exchanges for the first time in decades.

The pending Fort Knox audit is the fuse, not the fire once independent auditors walk those Kentucky vaults and expose decades of London Fix swaps and Rothschild-network leases, the derivative empires of the Fed, City of London, and WEF central banks face the choice of collapse or re-peg, and they will re-peg. Soros-adjacent saboteurs are trying media leaks and cyber ops right now and failing, because the fiscal year rollover already locked the architecture in before they could counter.

Dinar holders aren’t holding paper they’re holding a claim ticket on the first sovereign currency revaluation of the post-fiat era, and the window between “everything lined up” and “public announcement” is measured in days, for Iraq’s cabinet completion. Not weeks. The bloodlines kept the vaults closed for fifty years. The vault doors open this cycle.

Source(s):
• https://x.com/Prolotario1/status/2105360646414221748
• https://x.com/Prolotario1/status/2105437385328644580

https://dinarchronicles.com/2026/09/30/prolotario-everything-is-lining-up-for-the-main-event/

FRANK26….10-1-26….CBI CONFESSION

KTFA

Thursday Night Video

FRANK26….10-1-26….CBI CONFESSION

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

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

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

https://www.youtube.com/watch?v=NeCHB4xCYns

Iraq Economic News and Points To Ponder Thursday Evening 10-1-26

The Dollar In Iraq: The Government Announces The Arrival Of A New Cash Shipment

Last updated: October 1, 2026    The Independent - Iraqi government spokesman Haider al-Aboudi announced the arrival of a new shipment of cash dollars to Iraq, as part of the understandings reached with the United States regarding the continued sending of shipments of US currency to meet legitimate needs in the Iraqi market.

Al-Aboudi had previously confirmed that Prime Minister Ali Faleh al-Zaidi, during his visit to the United States, reached an understanding regarding the continued sending of cash dollar shipments to Iraq, in a move that the government said comes in conjunction with strengthening control measures over the distribution of foreign currency and regulating its use.

According to government statements, the understandings with the American side came in light of the measures taken by Iraq to reduce the misuse of foreign currency, in addition to the expansion of electronic payment systems and the gradual shift towards digital transactions.

Official authorities have not yet announced the value of the new shipment of cash dollars, while previous statements indicated that the aim of continuing these shipments is to provide the necessary liquidity to cover legitimate demands for foreign currency.

The shipment comes at a time when the Iraqi exchange market is witnessing continuous movements in the dollar exchange rate against the dinar, making the levels of cash liquidity and the size of the supply of the American currency among the issues that are widely followed in economic and banking circles.

The impact of the new shipment on liquidity levels and the movement of the exchange market is expected to become clear in the coming period, in conjunction with the continuation of governmental and banking measures aimed at regulating the trading of the dollar and strengthening control over its uses.   https://mustaqila.com/الدولار-في-العراق-الحكومة-تعلن-وصول-شح/

Starting Next Week, Al-Taif Bank Announces Cash Withdrawals For Its Customers In The Provinces.

Shafaq News - Baghdad   Al-Taif Islamic Bank of Iraq announced on Thursday that it has strengthened its branches in various governorates with cash and liquidity as part of the measures taken to regulate withdrawal operations and provide cash liquidity to customers.

In an official statement, the bank said that starting from the beginning of next week, the bank’s customers will be able to make withdrawals from the bank’s branches in the governorates according to specific and approved ratios, in order to ensure the organization and smooth flow of the disbursement process.

The statement confirmed that the process of replenishing branches with cash has already been completed, noting that procedures are ongoing to facilitate and organize withdrawals in a way that ensures the best possible smoothness for customers.

This statement comes with the confirmation by the management of Al-Taif Islamic Bank, represented by the Trustees Committee, on September 19th, that the ratios will be adopted in the near future to distribute depositors’ funds according to the balances available in the accounts in order to achieve the principle of fairness in distribution.

The Central Bank of Iraq had decided to place Al-Taif Islamic Bank for Investment and Finance under guardianship for 18 months, due to violations that it said affected the bank's financial position and depositors' funds.

The Central Bank stressed that imposing guardianship does not mean the bank’s bankruptcy, but rather comes within the framework of precautionary supervisory measures aimed at protecting the rights of depositors, noting that depositors’ funds are protected under the applicable laws and regulations.

Following this, a number of depositors demonstrated in front of Al-Taif Islamic Bank in the Karrada district of Baghdad, protesting the freezing of banking services and the suspension of withdrawal and deposit operations, following the measures taken by the Central Bank of Iraq against the bank.

Speaking to Shafaq News Agency, the protesters demanded an end to restrictions on banking services and that they be allowed access to their money and the ability to withdraw their deposits, stressing that their demands focus on receiving their money and not leaving it pending.https://www.shafaq.com/ar/مجتـمع/اعتبارا-من-ال-سبوع-المقبل-مصرف-الطيف-يعلن-السحب-النقدي-لزبا-نه-في-المحافظات

A Government Source: We Are Working To Stimulate Economic Activity And Protect Purchasing Power, And There Is No Decision Yet To Change The Currency Or Remove Zeros

Baghdad - One News   A government source confirmed that the government is aware of the slowdown in buying and selling in the markets, and is working on solutions to stimulate economic activity and protect the purchasing power of citizens.

The source explained that the current economic challenges are not limited to Iraq, but are faced by most countries in the region due to regional tensions and the closure of the Strait of Hormuz and the resulting economic pressures and repercussions.

He pointed out that the government seeks to address internal obstacles and stimulate commercial and productive activity, in addition to facilitating financing for productive projects and supporting the private sector, with the aim of revitalizing market activity and driving the economy forward.

Regarding the talk circulating about changing the currency or removing zeros, the source reassured citizens that putting forward such proposals does not mean approving them or starting to implement them, stressing that the file is still in the initial discussion phase and no decision has been made about it yet.

He added that boosting confidence in the markets requires providing clear information and practical steps, in parallel with cooperation between the government, financial institutions and the private sector to alleviate pressures and improve economic activity.

The source called on citizens, merchants, and business owners to remain calm regarding circulating news and to rely on official information, particularly concerning currency, procedures, and economic policies.

https://1news-iq.net/مصدر-حكومي-نعمل-على-تحريك-النشاط-الاقت/

What Should I Do With Cash Sitting In My Bank Account?

What Should I Do With Cash Sitting In My Bank Account?

Published Sep 23, 2026   Sergei Klebnikov

Idle cash refers to money that is not invested, not needed for daily expenses and not reserved for future purchases. When cash sits uninvested and earns little yield, it loses purchasing power over time, especially during periods of inflation and rising costs.  But putting idle cash to work doesn’t necessarily mean seeking the highest available yield.

The first step is understanding the role that cash plays in your financial life. Some dollars may need to remain immediately accessible for everyday expenses or unexpected needs. Others may be earmarked for a future purchase, tax payment or other known expense. And some cash may not have a near-term use at all.

Once you’ve identified what the money is for, you can consider the appropriate balance of accessibility, stability and return potential – along with factors such as risk, taxes, fees and withdrawal restrictions.

A useful starting point is to think about your cash as part of a broader liquidity bucket – the money you want available to support your lifestyle, provide a financial cushion, fund upcoming purchases or obligations, and preserve flexibility for opportunities that may arise. Once you’ve sized those needs, you can more clearly identify cash that may be available for longer-term investing.

Why leaving cash sitting in a bank account can be a problem

Keeping money in a bank account can often feel like a conservative choice when it comes to covering bills, managing day-to-day spending and keeping an emergency cushion. Having accessible funds for these purposes makes sense; the issue, though, is what happens when “extra” cash sits in a low-yield account for long stretches of time. Even if your balance doesn’t change, inflation can reduce what that money can buy over time (purchasing power).

But remember, “fixing” the problem of idle cash isn’t just about chasing the highest rates. Higher yield usually comes with trade-offs. Depending on the option, those trade-offs could be less convenience (extra steps to move money), more rules (limits on withdrawals or penalties for early access) or more price fluctuations. Different options offer different trade-offs with regard to accessibility, stability and return potential – which is why the right choice starts with understanding when and why you’ll need the money. Footnote 1 Opens overlay

“The conversation shouldn’t start with, ‘Where can I get the highest yield?’ It should start with, ‘What do I want or need this money to do for me?’ Once you understand the purpose and timing of your cash, you can make a much more thoughtful decision about where it belongs,” said Angelena Mascilli, Managing Director and Head of Wealth Management Banking.

There isn’t one universal best place to put cash. The better approach is to match the money – and where you store it – to your goals and timeline: Cash you may need soon typically calls for prioritizing accessibility, while cash you won’t need for a while may give you a chance to seek a higher yield, so long as you’re comfortable with the associated rules and risks.

Start by sizing your liquidity needs

Before deciding where to put your cash, start by determining how much liquidity you actually need. Rather than treating all of your cash as one pool, consider the different jobs you may need it to perform.

For example, your liquidity needs may include:

• Operating cash flow: Money needed to cover regular day-to-day spending.

• A financial safety net: Additional accessible funds that can help you manage unexpected expenses or simply provide greater peace of mind.

• Known upcoming needs: Cash earmarked for taxes, a home purchase or renovation, tuition, travel, or another significant expense.

• Opportunistic funds: Money you intentionally keep accessible so you can act when an investment or other opportunity arises.

There’s no universal amount that’s right for each category. Your appropriate liquidity level will depend on your spending, income, upcoming obligations, comfort level and broader financial plan. Once those needs are covered, you can identify whether you have excess cash that may be positioned differently.

Once you’ve identified how much liquidity you need and what each portion is for, time horizon becomes an important consideration in deciding where to hold it. Cash you may need on short notice generally calls for greater accessibility and stability, while cash with a more predictable or longer time horizon may offer additional flexibility.

• Day-to-day (0–9 months): For cash you may need on short notice, prioritize accessibility and stability. This is money you need to be able to access quickly for near-term spending.

• Reserve (9–18 months): For cash that you have the time and risk tolerance to invest. This money should still be available relatively easily, but you can also afford to direct it to more long-term options.

• Strategic (18 months and beyond): For cash not needed in the short term, where you have greater flexibility in how it is positioned, depending on your goals and time horizon. Given the longer time horizon, you may be able to seek higher potential yields.

Day-to-day cash: Prioritizing accessibility and stability

For cash you expect to use in the near future, the priority is generally to keep it stable and readily accessible. Money market funds (MMFs) can be useful for day-to-day cash because they often offer higher liquidity with lower risk, not to mention generate income through interest (unlike a traditional savings account).

High-yield savings accounts (HYSAs) and bank money market deposit accounts are among the other options that may be appropriate for these needs. A key feature of both HYSAs and bank money market deposit accounts is that their rate can change over time. Annual percentage yields (APYs) may move up or down based on broader interest rate conditions or at the discretion of the financial institution. That makes it important to consider an account’s accessibility and overall features – not just its current rate.

These are also deposit accounts, which may come with Federal Deposit Insurance Corporation (FDIC) insurance (for banks) or National Credit Union Administration (NCUA) insurance (for credit unions), up to applicable limits and subject to eligibility. You may still want to confirm what is covered and how your balances are held, especially if you keep cash across multiple accounts. Footnote 2 Opens overlay

When evaluating where to hold cash you may need soon, consider factors beyond the headline rate, including:

• Transfer speed: Understand how quickly you can access or move your money when you need it.

• Withdrawal/transaction limits: Look for any restrictions that could affect flexibility when in a pinch.

• Fees: Check for monthly maintenance fees and any charges for transfers or excess transactions.

• Minimums: Make sure you can meet any opening deposit or minimum balance requirements needed to earn the advertised yield rate.

• APY: Consider the current rate and whether it is likely to move frequently.

• Customer support: Consider factors like customer service hours, mobile app quality and how easy it is to set up transfers.

Reserve Cash: Cds And T-Bills (How Laddering Can Keep Money Accessible)

Once you’ve identified cash that you’re unlikely to need immediately, you can begin considering solutions that may trade some day-to-day access for potentially higher yield. Depending on your time horizon and liquidity needs, certificates of deposit (CDs) and Treasury bills (T-bills) may enter the picture because they are built around defined time frames.

TO READ MORE: https://www.chase.com/personal/investments/learning-and-insights/article/what-should-i-do-with-cash-in-bank-account

Judy Shelton Joins The Treasury, Do We Have The Gold? Gold Destroys The Fed,The Golden Age

Judy Shelton Joins The Treasury, Do We Have The Gold? Gold Destroys The Fed,The Golden Age

X22 Report:  10-3-2026

Bessent brings on Judy Shelton to assist in transitioning the country to sound money.

Gold in the end will destroy the Fed.

Judy Shelton has joined the US Treasury Dept. as councilor to the Secretary.

Judy has spent decades thinking deeply about monetary policy, Sound money, gold and the architecture of the global financial system.

And now she is going to be assisting Treasury Secretary Bessent. Think about that.

Do we have the gold? Gold will destroy the Fed.

Trump is bringing us back to the constitution and sound money.  They need to shift off of the old Federal Reserve petrodollar system  and onto the new US dollar system based and backed by stablecoins for the transition. I do believe also backed by bitcoin and eventually gold.

When the time is right, the new financial structure is complete , and the transition has begun…I believe he will start the narrative and talk about Ft. Knox and asking “Do we have the gold” He is already setting it up and Judy Shelton will assist.

We are heading to a place where the whole system is about to change. We will be going from a debt system to a income system. An income system needs sound money. That is where it is headed….we will be entering the “Golden Age”

https://www.youtube.com/watch?v=kI9eiiAjFCI

Reset Intelligence: IQD: The Currency of the New Babylon.

Reset Intelligence: IQD: The Currency of the New Babylon.

By Reset Intelligence | @EXIT_FIAT

On Tuesday the Abu Dhabi Securities Exchange switched Iraq's stock market into its cross-border trading network, where trades settle in local currencies. 103 Iraqi companies, valued at $21.7 billion, now sit inside a network holding over $1 trillion in listed value.

The next day Baghdad told its own public that buying and selling have slowed, and that deleting the zeros from the currency is under discussion with no decision taken.

The link

The platform is called Tabadul. Abu Dhabi launched it in July 2022 so that a broker in any member market can trade shares listed in another, without the company listing twice and without a separate custodian. Iraq is the eighth market to go live on it, and two Iraqi brokerage firms already hold licences from the Emirates' market regulator to trade there. Abu Dhabi's exchange chief, Abdulla Salem Alnuaimi, said the move "gives investors a clear, straightforward path to trade Iraqi companies." The agreement behind it was signed in April 2025. A link like this sets no exchange rate, and nothing in the announcement names one.

Everything else that moved

• The statement - a government source told the state news agency the government is aware of the slowdown in buying and selling and is working on measures to revive activity. On the zeros: deleting them means re-expressing prices, salaries, savings and debts at the same ratio, and "does not in itself mean reducing the real value of citizens' money." No decision has been taken, and anything approved will be announced officially first.

• The street - the dollar finished Wednesday at 157,000 IQD per $100 in Baghdad, down from 157,500 on Tuesday, against the official 131,000. No arrival has been reported for the cash dollars promised last Saturday. From today, importers pay customs duties before their transfer leaves the bank.

• The holdout - Kataib Hezbollah's secretary-general, Abu Hussein al-Hamidawi, said all armed groups "must halt all military operations and mobile logistical activities," keeping one exception for hostile aircraft. On the weapons talks with the Prime Minister: "It is better to start over to produce a solid agreement that safeguards everyone's rights."

• Sadr - Muqtada al-Sadr dissolved the Promised Day Brigade, renamed his Mahdi Army as a foundation, and called for a public programme to put every weapon in the state's hands. Foreign Minister Fuad Hussein said the government's draft weapons plan will be presented "in the coming days."

• Washington - the Pentagon called the departure from Erbil the "successful conclusion of the military mission that defeated ISIS in Iraq." Trump announced that "the last American Forces are leaving Iraq" and backed al-Zaidi by name. Iraq's oil income is still paid into the New York Fed.

• Tehran - Trump said of Iran: "We blow them up or make a deal." Tehran says it has received Washington's formal reply to its 7-day ceasefire proposal. The rial is past 2.5 million to the dollar, and the US 30-year yield reached 5.63%, its highest since June 2002.

The question

Babylon was where the region's trade was once counted and settled, because outsiders trusted its records. This week an outside market agreed to settle Iraqi trades in IQD. Whether the IQD is being built to become the money the Middle East trades in is our opinion, and we say so.

That is the short version. What the link does and does not mean for the rate, the history behind it, and the one gate that still belongs to the Central Bank of Iraq - that is the daily read.

Read the full daily briefing free for 5 days. Sign up here: the daily Iraqi dinar briefing

Want it straight from the horse's mouth? The CBI Rate Alert pings you the moment the Central Bank of Iraq moves the official rate. The number itself, not a rumour about it. It comes with our free resource library and the daily breakdown of what is actually moving in Iraq. Sign up free: The CBI Rate Alert

Got a dinar question? Reset Intelligence runs an on-call research assistant: ask it anything they have published. It answers in seconds and will conduct deep research to find you the answer. Try it: the Iraqi dinar research assistant

Common questions, answered straight: When will the Iraqi dinar revalue? and Is the Iraqi dinar revaluation real?

The design behind all of it is mapped in Head of the Snake, and the free guides live in the Iraqi dinar resource library.

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Iraq Economic News and Points To Ponder Thursday Afternoon 10-1-26

The New Iraqi Dinar: Changing The Currency's Design Without Removing Zeros

Last updated: October 1, 2026   Independent/- An informed source on the monetary file revealed that the Central Bank of Iraq is moving towards changing the design of the national currency and issuing a new edition that includes updates in the form and security elements, without affecting the nominal value of the dinar or resorting to the project of removing zeros.

The source told Al-Mustaqilla on Thursday that the approach being studied within the bank is based on maintaining the current system of currency denominations and values, in exchange for redesigning banknotes and introducing security features and modern technologies aimed at raising the level of protection against counterfeiting and developing verification and tracking mechanisms related to the issuance of currency.

According to the source, the Central Bank has concepts and designs for the new currency, while the final procedures related to the required approvals and authorizations are still being completed, before moving to the implementation phases and officially announcing the details of the project.

The source indicated that the proposed approach does not include removing zeros from the Iraqi dinar, and that the Central Bank, according to available information, is not proceeding with a project to revalue the currency by reducing its nominal values, but rather focuses on updating the form of the circulating banknotes and their technical and security characteristics.

Changing the currency design, if approved, does not mean an automatic change in the dinar's exchange rate or the purchasing power of citizens, as the central bank can issue new print runs with the same nominal values, while keeping the old banknotes in circulation during a transitional phase before gradually withdrawing them according to a schedule determined by the monetary authorities.

This comes at a time when Iraq is witnessing renewed debate about the future of the dinar and the possibility of removing zeros. The Central Bank of Iraq officially denied on August 26, 2026, reports of printing a new currency with zeros removed, emphasizing that any such project, should it be decided upon in the future, would require multiple legal, regulatory, and technical stages before its implementation and announcement.

The Central Bank has also previously made changes to some denominations of the dinar without changing their nominal value. In previous years, it issued editions that included modifications to the design and some of the details and markings used on banknotes. This technically demonstrates that updating the currency's appearance does not necessarily mean changing the monetary system or the value of the dinar.

Banking experts believe that updating the currency design, if limited to replacing current banknotes with others bearing the same values, is radically different from the project to remove zeros. The former is a technical and monetary process that can aim to enhance security elements, combat counterfeiting, and improve the quality of banknotes, while removing zeros represents a broader project that affects accounting units and requires major legal, accounting, and banking arrangements.

Economic experts point out that introducing more advanced security technologies in banknotes can reduce the risk of counterfeiting and give banks and financial institutions a better ability to automatically verify cash, especially with the expanding use of counting and sorting machines and modern cash management systems.

On the other hand, experts warn that announcing any change in the currency’s design requires careful media management, because confusing a change in design with the removal of zeros and a change in the exchange rate could lead to market speculation or a rush by citizens to convert their savings into dollars or gold without economic justification.

They believe that the success of any future replacement process requires a sufficient transition period during which the old and new editions circulate together, along with a clear announcement of the replacement mechanism and the dates for withdrawing the old denominations, and a guarantee that no fees or losses will be imposed on cash holders.

The Central Bank itself affirms that any fundamental change related to restructuring currency denominations or removing zeros must go through legal, regulatory and technical stages, while granting citizens, banks and institutions a transition period that ensures the safety of the replacement process and preserves all financial rights and obligations.

The bank also affirms in its declared policy that currency management and issuance are carried out within the objectives of maintaining financial and monetary stability, warning against dealing with undocumented news related to printing money or currency management as final decisions before they are officially issued.

Information obtained by the Independent Press Agency indicates that the step, if the required approvals are completed, will be closer to issuing a new generation of Iraqi dinars in terms of form and security features, rather than launching a currency with a different value or implementing a project to remove zeros.

The final timing for introducing the new design and the mechanism for replacing the current banknotes remains linked to an official announcement from the Central Bank of Iraq, which has not yet published a decision that includes a specific date for introducing a new currency or approved images of its design.

Thus, according to the source, the proposed scenario is based on a clear equation: the dinar remains at its current values, the zeros remain as they are, while the design changes and new security technologies are added to the next version

https://mustaqila.com/الدينار-العراقي-الجديد-تغيير-شكل-العم/

Al-Moussawi Told Al-Maalomah: There Is No Final Agreement On Raising The Dollar Exchange Rate

Information/Baghdad..  MP Mukhtar Al-Moussawi confirmed on Thursday that there is no final agreement to raise the dollar exchange rate, while he pointed out that the country's economic situation requires a strategy that maintains the stability of food prices and keeps them away from speculation, as well as creating a strategic reserve that takes into account the tensions in the region.
Al-Moussawi explained to Al-Maalouma that “until this moment, there is no clear government decision pushing for an increase in the exchange rate, especially since the dollar exchange rate in the parallel market witnessed a rise a few days ago exceeding 160,000 dinars per 100 dollars, while the official exchange rate is 132,000 dinars per 100 dollars. Consequently, this difference is being exploited for speculation and profit by some.”

He pointed out "the necessity of having a government strategy to reconsider the dollar exchange rate in a way that maintains market stability and prevents speculation and the exploitation of the difference by some to make profits," noting that "regional tensions compel us to demand the necessity of having a strategic reserve of food supplies to ensure stability and reassurance, and to prevent some unscrupulous individuals from exploiting any tensions that occur to raise prices under many pretexts and excuses."

Al-Moussawi stressed that “reconsidering the dollar exchange rate is extremely important during the coming period, especially with the current crisis, while maintaining the stability of food prices.” End 25

https://almaalomah-me.translate.goog/news/145748/economy/الموسوي-لـالمعلومة:-لا-اتفاق-نهائي-على-رفع-سعر-الدولار?_x_tr_sl=ar&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc

Seeds of Wisdom RV and Economics Updates Thursday Afternoon 10-1-26

Good Afternoon Dinar Recaps,

GLOBAL TRADE RESET WATCH: G20 MOVES TOWARD COORDINATED ACTION ON CHINA'S EXCESS STEEL CAPACITY

Twenty-eight economies have agreed on a framework to address global steel overcapacity, potentially reshaping trade protections, industrial supply chains, and the movement of goods across international markets.

 OVERVIEW

• Twenty-eight economies agreed to the Milwaukee Framework to address excess global steel production and market distortions.

• The framework encourages stronger trade investigations, possible tariffs, reduced subsidies, and greater transparency in steel imports.

• The development signals growing coordination over industrial trade policy, with potential consequences for manufacturers, supply chains, and international commerce.

Key Developments

1. A New Framework for Steel Trade

On September 30, the OECD-led Global Forum on Steel Excess Capacity adopted the Milwaukee Framework, chaired by the United States. The agreement calls for coordinated action to address excess production and its effects on steel industries.

2. Tariffs and Trade Investigations in Focus

The framework encourages participating economies to consider anti-dumping, anti-subsidy, and safeguard investigations that may lead to additional duties. It also promotes sharing import data to help identify where steel is produced and prevent tariff circumvention. These are coordinated policy measures, not a guarantee that all members will impose identical tariffs.

3. China at the Center of the Debate

China, the world's largest steel producer, is central to concerns about excess capacity. Chinese officials and other critics of restrictive trade measures have disputed claims that industrial policies justify protectionist responses. The framework's implementation will therefore depend on national decisions and how trade partners respond.

WHY IT MATTERS

Steel is a foundational material for construction, infrastructure, transportation, energy, and manufacturing. Changes in tariffs and subsidies can influence production costs, investment decisions, and the routes goods take through international supply chains.

Coordinated trade measures could support some domestic producers while increasing costs for companies that rely on imported steel. The overall effect will depend on how policies are implemented and whether other countries respond with additional trade restrictions.

WHY IT MATTERS TO FOREIGN CURRENCY HOLDERS

Trade policy can influence currencies through export revenues, import costs, investment flows, and economic growth. If new barriers reshape trade between major economies, businesses may adjust where they manufacture, source materials, and invest.

For foreign currency holders following the Global Financial Reset, this is a development to watch—not proof of a currency revaluation. It highlights how governments are reconsidering the rules governing production, trade, and economic dependence.

IMPLICATIONS FOR THE GLOBAL RESET

• Pillar 1: Trade

Greater coordination on steel could change market access and supply-chain decisions, particularly for economies that depend heavily on steel exports or imports.

• Pillar 2: Assets

Steel tariffs and trade uncertainty may affect industrial companies, infrastructure projects, and investment decisions. The impact will vary across producers, manufacturers, and steel-consuming industries.

• Pillar 3: Debt

If trade restrictions raise construction and infrastructure costs, some projects could become more expensive to finance. The scale of any effect will depend on tariff coverage, market conditions, and the availability of alternative suppliers.

THE BOTTOM LINE

The Milwaukee Framework marks a move toward more coordinated responses to global steel overcapacity, but its real-world impact will depend on what participating economies actually implement.

The bigger story is not simply where steel is produced—it is how governments are reshaping the rules of trade, investment, and supply chains as the global financial system continues to evolve.

Seeds of Wisdom Team

Newshounds News™ Exclusive

Sources

1. Reuters — “Steel forum calls for more tariffs, fewer subsidies to fight excess capacity”

2. OECD — “2026 Ministerial Meeting of the Global Forum on Steel Excess Capacity”

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Coffee with MarkZ, joined by Bob Lock. 10/01/2026

Coffee with MarkZ, joined by Bob Lock. 10/01/2026

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

MZ:  Iraq looks forward, discusses currency changes, Iran and Bob Lock joins us to take questions.

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Ariel: Are you all Ready for What is about to Occur?

Ariel: Are you all Ready for What is about to Occur?

10-1-2026

The Seal Has Broken: Gold Shall Return (Field Report)

Judy Shelton Treasury Insertion, Iraq’s 170 Tons, and the Coming Gold-Backed Fiscal Reset

Are You All Ready For What Is About To Occur?

Sit down and grab a snack.

The timing of Judy Shelton’s entry into Treasury as Counselor to the Secretary is the loudest quiet move of 2026. This woman spent forty years writing the intellectual architecture for a gold-backed dollar her 2018 Fox op-ed “A Case for Monetary Reform” was effectively a blueprint nobody in a Paul Volcker  Fed building wanted to read.

Her 2020 Senate confirmation was stalled by Romney, Murkowski’s wobble, and a coordinated whisper campaign out of Brookings monetary-policy fellows who called her “unqualified” a woman who’d worked at the Fed’s institutional memory bank itself, authored “The Coming First World Debt Crisis” and “Fixing the Dollar Now,” and ran the European Bank for Reconstruction and Development.

She was blocked precisely because she knows where the bodies are buried: the fictional reserve counts, the rehypothecation chains, the paper-gold Ponzi run out of London. Now she sits inside the building.

The Iraq gold is the fulcrum everyone’s missing. 170 tons that’s roughly 15-20 billion at current prices, but the tonnage matters more than the dollar figure because tonnage is physical, and physical is what the Basel boys can’t print. Iraq has been quietly accumulating for a decade, moving from roughly 79 tons pre-2014 to this current hoard, second-largest in the Arab world behind Saudi Arabia.

I could be off on the numbers but you get the point. What’s not in any press release. A significant portion of that gold settled in Baghdad vaults as ‘sovereign’ holdings not IMF-collateralized, not leased through the BIS, not encumbered by the World Bank structural adjustment paper that’s smothered Iraq since Bremer’s Coalition Provisional Authority rewired their economy in 2003 to dollar-dependence.

The U.S. troop withdrawal wasn’t an exit; it was the removal of the cabal’s occupation lever. With American forces gone, Tehran-aligned extraction networks and the CIA’s Baghdad Station assets lost their physical cover. Maliki’s Iranian proxies and the Qatari-cutout funding channels that kept Iraq’s cabinet in permanent gridlock for eight months are now starved of their occupation-era justifications.

Fort Knox is the other side of this pincer, and Trump’s audit demands were never campaign theater. The last genuine audit was 1953 Eisenhower-era, pre-Bretton Woods collapse and the 1974 congressional visit where members held gold bars was a photo-op; they saw one compartment of thirteen, were not allowed serial-verification or drilling, and the comptroller’s report itself noted the Treasury could not physically confirm holdings. The actual bar count sits with the U.S. Mint, but encumbrance status whether those bars are leased out to bullion banks via the Exchange Stabilization Fund has never been verified.

Here’s the intel that isn’t public: Treasury’s European counterparts, the German Bundesbank repatriation of 2013-2017 (300 tons returned from New York, and the Fed returned melted, recast bars not the original serials) revealed the NY Fed vault holds German-labeled metal that appears to have been temporarily unavailable.

That pattern gold that exists on paper but is physically “out on loan” is the systemic rot the Fort Knox audit threatens to expose. Shelton’s counsel role means when the audit happens, the person designing the verification methodology spent decades anticipating every trick the bullion banks would use.

Read Full Article:
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https://dinarchronicles.com/2026/09/30/prolotario-are-you-all-ready-for-what-is-about-to-occur/