How Hyper Inflation Is Coming To Iraq.

[Luigi1]

Here's some articles of Dinarian interests...Iraq has the lowest inflation on earth for now...that is about to change as Iraq resorts to printing more Dinars to pay wages...bad mistake...just reinstate the Dinar to it's former glory...problem solved...

 

 

 

 

Currency Printing Is Knocking On Iraq's Door.  Warnings Of An Economic Catastrophe.

ARTICLE:  Al-Mada newspaper revealed in a report followed by “Al-Mustaqilla”, the escalation of the financial liquidity crisis in Iraq, after the Parliamentary Finance Committee proposed the option of resorting to printing currency to secure employee salaries & avoid a financial crisis that some MPs described as potentially leading to a “revolt of hungry stomachs”, at a time when economists warn that this option may open the door to a dangerous wave of hyper inflation if it is not accompanied by a real increase in production.

 

 

An Economist Says Iraq Has Entered A Phase Of "Paying The Price" As A Result Of Accumulated Mismanagement & Corruption - Urgent

ARTICLE:   Baghdad Economic expert Ziad Al-Hashemi said on Tuesday (August 4, 2026) that Iraq has entered a phase of "paying the price" for what he described as the accumulation of one failure after another, corruption & mismanagement over more than twenty years, considering that the current crisis is the result of the policies of successive governments, in addition to the responsibility of political parties, parliament & oversight institutions.

 

Al-Hashemi said, in a statement followed by “Baghdad Today”, that financial & administrative losses & failures have accumulated during the past years without real treatment, accusing political forces of being preoccupied with “dividing the spoils”, while the regulatory & legislative bodies were unable or negligent in performing their role in accountability & reform.

 

Now it's time to pay the fiddler.

 

 

Salary Delays Are Putting Pressure On The Iraqi Economy; Warnings Of A Widening Cost-Of-Living Crisis, Hyper Inflation & Market Contraction.

ARTICLE:  The debate in Iraq is renewed with every delay in paying the salaries of state employees, amid warnings of economic & social repercussions that go beyond the employees to affect the markets, the private sector & the entire local economy.

 

Experts confirm that salaries represent the main driver of financial liquidity in the country, so any disruption in their disbursement directly affects trade & the purchasing power of citizens.

 

Economic expert Nasser Al-Tamimi warned today, Tuesday (August 4, 2026), against the continued delay in disbursing the salaries of state employees, stressing that this crisis has become a direct threat to economic & social stability, with the accompanying negative repercussions on the livelihood of millions of citizens & economic activity in the country.

 

"The situation is at the breaking point" he added.

 

 

Four Files Are On The Table For Hosting The Minister Of Finance, Most Notably Employee Salaries.

ARTICLE:  MP Mohammed Al-Bayati predicted on Tuesday that the Minister of Finance would be hosted next week, noting that four issues would be on the agenda for the meeting.

 

Al-Bayati explained in his interview with Al-Maalouma that “the financial situation in the country needs an objective reading to identify its challenges and propose solutions and alternatives, especially securing the salaries of Iraqi state employees & all ministries & institutions, especially with the delay in distributing the salaries of some ministries & bodies.”

 

He added that "the Minister of Finance may be hosted next week & four files will be presented during it, most notably the financial balance, what alternatives are available, what the Ministry's approved plan is for the coming period & solutions to it will be presented."

 

He stressed that "this file is very important & the Ministry of Finance's assessment of the country's financial situation is crucial, as it will provide a roadmap for the nature of the current challenges."

 

[Luigi1]

Luigi's two cents worth...

The Iraqi economy is in shambles.

Massive int'l borrowing & printing more Dinars are not the answers.

These actions will only make economic matters much worse.

Parliament blaming the US for their problems don't cut it anymore.

Getting a handle on corruption, the armed militias, real economic reform with passage of laws are the better routes.

All that recovered corrupt money has vanished, including the $USD trillions recently recovered.

Yes Iraq has done a lot to curb corruption, but a lot more work still has to be done.

All the economic reforms are in place, now pass the laws.

Printing more Dinars to pay wages are a band-aid fix & don't solve the real issues.

Reinstating the Dinar to it's former glory may be an answer.

Iraq has collateral under the ground.

Many say Iraq has to develope it's non oil economy, first.

The wealth under ground will back the reinstatement of the Dinar.

The US needs to get the Clarity Act passed as it is holding up other nations besides the US, especially Iraq, dependent on UST economic reforms.

Come on Democrats & RINOs, put politics aside, do the right thing, get the Clarity Act passed so we can all move on with our lives.

IMHO.

[Luigi1]

Here's another article related to the above...Democrats sit on passage of the Clarity Act as they ready to exit for one month recess, forcing Trump to wait.

We need to put politics aside & do what's best for the nation...Lest go...Get 'er done Congress...

 

 

 

Ross: The Thing About The Clarity Act.

ARTICLE:  In 2030 & beyond everyone is going to look back in hindsight at how primitive it seems to consider that in just 2026, the crypto industry was held back as long as it was due simply to a lack of regulation.

 

There is a nuclear explosion of growth pending in this market.

 

We’ve seen nothing yet.

 

Shocking amount of change on the horizon.

 

Ash Crypto:  BREAKING: Bernstein says the SEC & CFTC will speed up crypto rulemaking if the CLARITY Act fails.  One way or another, crypto clarity is coming.

 

Thing about the Clarity Act is that even if it passes the Senate, we still wait on the recess for the House to pass it again, then Trump signs, then we wait til:

 

“Most provisions of the CLARITY Act (Digital Asset Market Clarity Act of 2025, H.R. 3633) are written to take effect 360 days after the date of enactment (signing into law), with adjustments for rulemaking-dependent sections.”

 

Unless they expedite it.

 

So the waiting is real but so is the hype.

 

There’s no denying that the passage will spark the last speculation fueled bullrun in advance of the mass adoption of crypto’s true utility.

 

That will definitely help pass the time.

 

The world is watching.

 

Countries around the world are advancing forward knowing that asset-backed sound money is on the horizon.

 

A level playing field is imminent in the grand scheme of things.

 

Kale Halen:  The Darkest Hour Comes Before Dawn.  Okay since a few people have commented that they're exhausted by all of this, I felt like I should add a little perspective.

 

First off, I completely understand.  Believe me.  I'm more than ready too.  That said, I still think there's a legitimate chance the CLARITY Act gets passed before recess, especially now that Senator Thune has said they're going to give it their best shot.

 

It would kinda mirror the last minute Genius Act passage.  But let's also be honest.  None of us knows when or exactly how this all unfolds.  If there's one thing we've learned over the years, it's to stop listening to people who claim they know the exact weekend or sequence of events.

 

We've seen those predictions come & go.  So yes, I believe Congress still has an opportunity to do the right thing.

 

Trump has consistently given people the chance to make the right decision before another path becomes necessary.  But if they don't.  History often takes the other more dramatic route:

Crisis.  Reaction.  Solution.  Major reforms rarely happen without enough pressure building first & right now, the world seems to be at boiling point.

 

Lastly, as I've also been saying for the month of August, many astrological and spiritual traditions view this time as a season of renewal, new beginnings & stepping into a new chapter.

 

Especially with the rising of Sirius & the 8/8 Lion's Gate symbolizing exactly that.

 

Whether you see it as spiritual or simply symbolic, I love the message.  Regardless, I'm choosing excitement over anxiety. NCSWIC.

[Luigi1]

Here's a short blast from MZ...waiting for the call...

 

 

Some highlights by PDK-Not verbatim.

THREAD: Waiting For The Call.

MZ:  Work continues on HCL logistics, the latest from Iran. Zester talks about the Clarity Act. Bob Lock takes questions on trusts.

MZ: People who had been traveling are now in place & waiting for the “GO”

MZ: Even the bond side says they are just waiting for the call. There are a bunch of people in position. Everyone is just waiting for permission to go.

 

[screwball]

15 hours ago, Luigi1 said:

the Minister of Finance may be hosted next week & four files will be presented during it, most notably the financial balance, what alternatives are available, what the Ministry's approved plan is for the coming period & solutions to it will be presented."

okay....this will be interesting.....if we get the clarity act we could see a rate change after this meeting and def before troop withdrawl

[screwball]

14 hours ago, Luigi1 said:

The US needs to get the Clarity Act passed as it is holding up other nations besides the US, especially Iraq, dependent on UST economic reforms.

agree 100%