Wednesday Night News & Opinions @ 9:50 PM MST - 8/05/2026

[ronscarpa]

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON

 

 

8-5-2026  Clare  Article: "Does the increased money supply threaten the stability of the Iraqi economy? Al-Zaydi's  advisor explains the risks" Quote: "The Prime Minister’s financial and economic advisor, Mazhar Muhammad Salih, revealed...the issuance of currency in Iraq recorded a remarkable increase during the first five months of 2026, reaching about 113.560 trillion  dinars by the end of May, an increase of 13.761 trillion dinars, or 13.8%, compared to the end of 2025.”

 

8-5-2026  Jeff  Question "I got my dinar in Iraq at a military base. I don't have a receipt?" Receipts are not critical in this. The banks have machines that should do three things for you, count, sort and authenticate your foreign currency.  Even if the machines they use that do the counting don't have the cameras to do the imaging and scanning or authenticating, they  still have security cut sheets where they can visually inspect your notes.  All that receipts are for are for you taxes.  They  might get you a lower tax rate depending on how long you've had your currency.

 

8-5-2026  Stephen  The CBI rate still has the Iraqi dinar pegged at 1310 dinar per US dollar. So for anyone who is  saying they got paid, anyone who is saying they cashed in their dinar, I would argue they are most likely lying to you.