Done: The Decission Was Made To Change The Dinar.

[Luigi1]

Here's an article of Dinarian interests...

The Decission Was Made To Change The Dinar.

Treat as a rumor.  Not verified.  Your opine.

 

 

 

Dinar Den: BREAKING -  Iraq Says Decision Made To Change The Dinar.

ARTICLE:  For years, investors & global financial observers have closely monitored the Iraqi Dinar, searching for definitive signs of  economic restructuring.

 

Recently, a significant update has emerged from The Dinar Den, a prominent YouTube channel hosted by Stephen, providing what many consider the most substantial evidence to date regarding Iraq’s monetary future.

 

Unlike previous reports that relied heavily on speculation or the opinions of independent economists, this latest update points to official government confirmation concerning the “deletion of zeros” from the national  currency.

 

The core of this breaking  news centers on statements made by Iraq’s Minister of Communications, Mustafa Sind.

 

According to the analysis provided by The Dinar Den, the Iraqi government has officially decided to move forward with a currency reform plan that involves removing three zeros from the nominal value of the Iraqi Dinar.  This distinction is vital; while the community has heard these rumors for over a decade, the transition from “expert opinion” to “official ministerial statement” marks a pivotal turning point in the timeline of Iraq’s financial evolution.

 

To ensure the highest level of accuracy, the channel host utilized advanced AI translation tools, including ChatGPT, to translate the original Arabic articles and official statements into English.  This meticulous approach verified that the terminology used by the Iraqi officials specifically referred to a confirmed governmental decision rather than a mere proposal.  This level of transparency provides a new layer of credibility for those tracking the progress of the Central Bank of Iraq (CBI).

 

One of the most telling aspects of this announcement is how the currency exchange is expected to take place.  The Minister’s statement suggests a move away from the traditional, cash-heavy reliance of the past.  Instead, Iraq appears to be leaning toward a modernized banking infrastructure.  The reform is expected to involve the conversion of funds through formal banking systems, with a heavy emphasis on electronic payment methods such as Mastercard accounts.

 

This shift toward digital finance is a clear indicator of Iraq’s broader goal: to align its economy with int'l banking standards.

 

By integrating electronic payments into the currency reform process, the government aims to increase transparency, reduce the physical burden of carrying large volumes of cash & stabilize the domestic market. For investors, this modernization is a signal that Iraq is preparing its financial house for greater global interaction.

 

While the confirmation of the decision to delete zeros is a landmark event, it is important to note what has not yet been disclosed.

 

As of now, an official revaluation (RV) date and the specific exchange rate details remain confidential.  The CBI has yet to release the final implementation timeline, which is the final piece of the puzzle that many have been waiting for.

 

However, the significance of this moment cannot be overstated.  For those who have followed the Iraqi Dinar for years, this represents the strongest validation to date that a significant financial event is actively underway.  The move signifies a government committed to reform & a nation ready to transition into a more sophisticated economic era.

 

In the world of int'l finance & currency reform, information is the most valuable asset. The Dinar Den continues to provide deep-dive analyses into these developments, offering a bridge between complex Iraqi policy & the global community.

 

To get the full breakdown of the translated articles, the nuances of Mustafa Sind’s statements & a comprehensive look at the upcoming banking changes, be sure to watch the full video.

Google key words in above title to bring up VIDEO at source OR 'The Decission Was Made'

 

 

 

Luigi's two cents worth...

There are so many conflicting articles out there in Dinarland.

Article suggests Iraq will soon issue a new currency rendering the Dinars we hold, a dead currency.

The article supports other articles saying much of the same thing.

Other articles suggest an even swap or LOP...exchanging ours for lower denoms or a neutral event.

Some articles suggests an RI...a reinstatement to the former Sadam war ER.

We won't know until it happens & the details are made public.

Most of all the release of the exchange procedures or guidelines.

Hang in there & don't give up or let your Dinars out of your sight.

Go RV.

 

[Luigi1]

Here's another article related to the above...Iraq is now facing the very same problems as the rest of the world, including inflation...all the more reason why a LOP won't work...Iraqi inflation is coming due to printing more money to pay wages & The high costs of everything due to the war...

 

 

 

Central  Banks Face A New Dilemma: Inflation, Oil & Debt Collide.

ARTICLE:  The global economy is entering a difficult policy intersection: inflation is proving harder to contain, geopolitical tensions are threatening energy prices,  economic growth is slowing & governments are carrying increasingly expensive debt.  For central banks, the traditional choice between fighting inflation and supporting growth is becoming considerably more complicated.

 

Overview:

Oil and geopolitical risk are keeping inflation concerns alive even as economic growth shows signs of weakening.  Central banks face a difficult choice: maintain restrictive rates & risk worsening economic conditions, or ease policy and risk reigniting inflation.

At the same time, rising government borrowing costs are creating a second pressure point, particularly as long-term bond yields remain elevated despite softer recent US inflation data.

 

Key Developments:

1. The inflation fight is colliding with weaker growth.

Central banks entered 2026 hoping that inflation would continue moving toward their targets without causing a major economic slowdown.  That assumption is becoming less certain.  Today's analysis points to a growing policy dilemma: economic activity is losing momentum while inflation remains persistent enough to prevent central banks from simply declaring victory.  The Federal Reserve, Bank of England & European Central Bank are all confronting different versions of the same problem.  This creates a particularly difficult environment for monetary policy.  If central banks keep rates high for too long, borrowing becomes more expensive and economic growth can weaken further.

If they cut rates too aggressively while inflation remains vulnerable to another shock, they risk allowing price pressures to return.

2. Oil has become the potential trigger for another inflation wave.

The ongoing conflict involving Iran and continuing uncertainty around the Strait of Hormuz have added a major variable to the inflation outlook.  Energy prices affect far more than gasoline.  Higher oil costs eventually work their way into transportation, manufacturing, food production, shipping & consumer prices.  That means central banks could face a situation in which inflation rises because of an external energy shock at precisely the moment economic growth is weakening.  The Guardian reports that this possibility is complicating the policy calculations of major central banks, which remain cautious after the inflation surge of 2022.

3. The bond market is sending a different signal from short-term inflation data.

This may be the most important financial development.  Recent US inflation data has been softer, reducing expectations for an immediate Federal Reserve rate increase.  Yet long-term Treasury yields have remained elevated.  Reuters reported that the UST's recent 30-year bond sale produced its highest yield in 25 years, highlighting concerns about persistent inflation & the enormous amount of government debt that must continue to be financed.

That creates an important distinction:

-The Federal Reserve controls short-term policy rates.

-The bond market determines the price investors demand for holding long-term  government debt.

-Those two forces do not always move together.

-And that difference matters enormously when governments are running large deficits.

4. Debt is becoming part of the monetary-policy equation.

Higher interest rates are not simply a problem for consumers and businesses. They also increase the government's cost of financing its debt.  When long-term Treasury yields remain above historical norms, the government must refinance maturing debt & finance new borrowing at increasingly expensive rates.  This creates a difficult feedback loop:

Higher inflation risk → higher bond yields → higher government borrowing costs → greater fiscal pressure → greater sensitivity to interest rates.  Central banks therefore have to consider not only inflation and employment, but also the financial stability consequences of keeping rates restrictive while sovereign debt loads continue expanding.  Keeping rates restrictive while sovereign debt loads continue expanding.

That does not mean central banks will automatically lower rates to make government borrowing cheaper.  It does mean the interaction between monetary policy & fiscal policy is becoming increasingly important.

5. The global bond market is becoming a structural story.

The pressure is not limited to the United States.  Today's market analysis points to rising concerns about government bonds internationally as investors reassess the outlook for inflation, interest rates & government borrowing.  This is important because government bonds have traditionally been viewed as the foundation of the global financial system.  When yields rise, the consequences spread across virtually every major asset class.  Higher government yields can make stocks less attractive, increase borrowing costs for corporations & households, pressure real estate valuations & change the attractiveness of emerging-market investments.  The bond market is therefore becoming a transmission mechanism for the broader global financial transition.

 

Why It Matters:

The central-bank dilemma is no longer simply “Will the Fed cut or raise rates?”  The larger question is whether central banks can maintain price stability while governments, consumers and businesses adapt to higher long-term financing costs & a potentially unstable energy environment.  The 2020s have already demonstrated how quickly an external shock can move from energy markets into inflation, interest rates,  currencies & financial markets.  The current environment contains many of those same connections.

Currency exchange service 

But there is an important difference this time:

-Government debt levels are substantially larger.

-That makes the consequences of higher interest rates more significant.

 

Why It Matters to Foreign Currency Holders:

Foreign currencies are affected by this environment through interest-rate differentials, capital flows, trade balances and energy costs.  If the Federal Reserve maintains higher rates while other central banks ease, capital can continue flowing toward dollar-denominated assets.  But if inflation forces multiple central banks to remain restrictive, the result could be a much more complicated global  currency environment.  Energy-importing countries may face additional pressure if oil prices rise, while major commodity & energy exporters could benefit from stronger export revenues.  For foreign-currency holders, the key issue is therefore not simply whether the Dollar rises or falls.  It is whether the global monetary system is entering a period in which currencies increasingly respond to competing forces of debt, energy, inflation & geopolitical risk.

 

Implications for the Global Reset:

Debt: Rising long-term yields increase the cost of refinancing massive government debt loads & could make fiscal sustainability an increasingly important market issue.

-Central  Banks:

Monetary authorities have less room to pursue a simple growth-versus-inflation strategy when energy prices and sovereign debt are simultaneously creating new risks.  Trade Architecture: Higher energy costs & currency volatility can reshape trade flows, production costs & the competitiveness of different economies.  BRICS: Commodity-producing nations & countries seeking greater monetary diversification could gain additional incentives to strengthen local-currency trade & alternative payment arrangements.

-Global Finance:

The growing interaction between sovereign debt, central-bank policy, energy markets and currencies is gradually changing how capital is priced throughout the international financial system.

-What to Watch

• Oil prices and developments affecting the Strait of Hormuz.

• The Federal Reserve's upcoming policy guidance and September rate expectations.

• Whether long-term Treasury yields remain elevated despite softer inflation data.

• Inflation readings in the US, UK, Europe & Japan.

• Whether higher sovereign borrowing costs begin producing broader financial-market   stress.

 

Bottom Line:

The global economy is approaching a point where inflation, energy, monetary policy & government debt can no longer be viewed as separate stories.  A renewed oil shock could keep inflation elevated.  Persistent inflation could keep central banks from cutting rates.  Higher rates can increase sovereign borrowing costs.  And rising government debt can place additional pressure on bond markets.  That creates a financial environment very different from the ultra-low-rate era that followed the 2008 financial crisis.  The important question now is not simply when central banks will cut rates.

It is whether the global financial system can absorb higher borrowing costs, elevated debt & renewed energy-driven inflation at the same time.

 

Closing Perspective:

The next major financial shift may not begin with a central-bank announcement—it may emerge from the collision between energy prices, sovereign debt & the bond market, forcing policymakers to reconsider how much monetary flexibility the existing financial system can still support.

[Luigi1]

Here's another article/with video related to the above...Once again.  Iraq will be going through the very same problems as the rest of the world...namely inflation, shipping & supply issues due to the war...another reason why a LOP will not solve Iraq's immediate financial issues...

 

 

 

F‍. Hunt:  “An Earthquake Is Coming”: The Debt Warning Investors Cannot Ignore.

ARTICLE:  Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, interviews Francis Hunt, market analyst & Founder of The Market Sniper, to examine growing stress in the UST market & the implications for gold, silver & global wealth preservation.

 

Hunt argues that the simultaneous decline in Treasury prices and the USD represents a significant warning about confidence in the Western debt-based financial system.  He explains why rising yields may reflect a shortage of willing buyers rather than economic strength, how Japan’s need for liquidity could expose vulnerabilities in the Treasury market & why the yen carry trade could affect bonds, technology stocks & other risk assets.

 

The conversation also explores the shift toward gold-based settlement systems, central-bank gold accumulation and the growing importance of physical precious metals as confidence in sovereign debt weakens.

 

Hunt discusses gold’s role as enduring money, silver’s supply-demand imbalance & why investors may increasingly prioritize the return of capital over the return on capital.

 

In This Episode Of Little By Little:

-Warning signs in the UST market.
-Why bonds and the dollar are falling together.
-Japan, the yen carry trade & global contagion.
-The liquidity risk facing major Treasury holders.
-Why the Fed may be trapped.
-China & emerging gold settlement infrastructure.
-Gold as money and a wealth-preservation asset.

-Silver’s supply-demand imbalance and upside potential.
-Currency debasement, inflation & investor protection.
-How a debt crisis could spread across Western markets.
 

TIMELINES:

-00:00 Coming Up.

-02:13 Introduction.

-03:33 S&P Illusion Two Tier Economy.

-05:58 Yen Carry & Treasury Stress.

-09:40 Hotel California Bonds.

-14:18 Trust Breakdown & Gold Shift.

-15:42 Global South Parallel Rails.

-20:13 Gold Infrastructure & Taxes.

-25:50 Signals to Watch.

-32:37 Carry Trade Hits Tech.

-34:23 Lightning Round Takes.

-37:56 Biggest Investor Mistake.

-39:46 Where to Follow and Final Advice.

-41:55 Closing Thanks & Outro.

-Global economy reports.

 

Google key words in above title to bring up VIDEO at source OR 'An Economic Earthquake Is Now Approaching'

[Luigi1]

Here's another article/with video of GCR interests...another reason why we need this RV-RI...

 

 

 

Peter Schiff:  Fifty-Five Years Of Fiat Failure.

ARTICLE:  Peter Schiff marks 55 years since Nixon closed the gold window & warns the coming inflation will dwarf the stagflation of the 1970s.

 

Peter Schiff marks the 55th anniversary of August 15, 1971, the day Nixon closed the gold window & defaulted on the Federal Reserve's promise to redeem Dollars in gold.

 

He explains how deficit spending in the 1960s on the Great Society, Vietnam & Apollo forced the choice between painful fiscal discipline and default & how Nixon chose default disguised as reform.

 

Schiff traces the fallout: the collapse of the Dollar's purchasing power, gold soaring from $35 to $850 by 1980, stagflation that confounded Keynesians & the erosion of single-income American households.

 

Freed from gold's discipline, the government ran up massive debts, hollowed out the industrial base & turned the world's largest creditor into its biggest debtor, with the national debt exploding from under $400 billion to over $28 trillion.

 

He argues gold is as underpriced today as it was in 1971, that the Fed under Warsh is stoking the very inflation it claims to fight & that just as the world went off the gold standard, it will soon go off the Dollar Standard with far more devastating consequences.

 

His advice: follow Charles de Gaulle's example & exchange fiat money for real money before it's too late.

 

TIMELINES:

-Chapters: 00:00.

-Nixon Shuts Gold Window.

-00:48 How Dollars Became Paper.

-03:08 1960s Spending Hits Limits.

-04:35 Nixon Chooses Default.

-06:51 Stagflation Fallout.

-09:05 Reserve Currency Abuse.

-10:23 Debt & Dollar Reckoning.

-11:12 2026 Inflation Warning.

-12:09 Protect Yourself With Gold.

Google key words in above title to bring up VIDEO at source OR 'Fifty Years Of Fiat Failure - It Started Here'

 

 

 

[Luigi1]

HUGE:  Here's an article of Dinarian interests...Zaidi can order the RV-RI without Parliamentary approval...

 

 

Ariel:  PM Al-Zaidi Is Not Planning To Go Through Parliament.

ARTICLE:  PM Ali al-Zaidi Is Not Planning To Go Through Parliament: He Doesn’t Have To & Here Is Why.

Article 80 of the Iraqi Constitution grants the Council of Ministers authority to issue administrative regulations & execute policy decisions in coordination with the CBI without a Parliamentary vote specifically in matters of monetary sovereignty & financial system management.

 

3 Things To Note:
1. CBI Board approval Already secured (unanimous, August 11 closed session).

2. Council of Ministers sign-off Already secured (August 13 emergency session, no dissent).

3. Finance Committee notification (not approval) Delivered August 14, 18 hours before Sand’s announcement.

 

Parliament can object.  Parliament can scream.  Parliament cannot stop this.

 

The legal framework was built specifically to prevent Parliamentary obstruction of monetary reform because every previous attempt at zero removal was killed by MP factional infighting between 2020 & 2024.

 

Ali al-Zaidi studied those failures.  He engineered around them.

 

That statement was coordinated, not with Baghdad press, but with Treasury’s Office of Int'l Affairs via a backchannel that runs through Amman.

 

The phrase “decision to change the currency” is deliberate.  It’s not a proposal. It’s not under consideration.  The word used in the Arabic original — qarar — means a decision already issued.  Already made.  Already signed.

 

What Sand did not say matters more.  He did not say “parliamentary approval required.”

 

He did not say “pending legislation.” He said “ready.”  That word came from the CBI’s Currency Reform Committee, which has been operational since March but never publicly named.

 

Parliament was going to stall past October.   Now they react in days, not weeks.  Let them file procedural complaints.  The CBI controls the ledger & the ledger is already migrated.

 

 

 

[screwball]

correct @luigi1 and they sought clarification of the law from the federal Supreme Court...

[screwball]

There is actually a particularly important Iraqi Federal Supreme Court decision supporting part of what you're getting at. In Decision 102/Federal/2021, the Court discussed the exchange rate and said that, under Article 80, the Council of Ministers exercises powers concerning planning and implementing general state policy. It then identified the government, CBI, Ministry of Finance and Ministry of Planning as the authorities concerned with Iraq's economy, including measures to preserve the dinar's value and determining the exchange rate according to its real value.

[screwball]

Iraq's Constitution does not require Parliament to vote on every monetary-policy or exchange-rate decision. Article 80 gives the Council of Ministers authority to formulate and execute general state policy and issue implementing regulations, instructions and decisions. Articles 103 and 110 must be read alongside it: the CBI is financially and administratively independent, while monetary policy, currency issuance and administration of the central bank are exclusive federal competencies. The Federal Supreme Court has also recognised the Government, CBI, Finance Ministry and Planning Ministry as the relevant authorities for measures concerning the Iraqi economy, preservation of the dinar's value and determination of the exchange rate.

[screwball]

The distinction matters enormously for the IQD/revaluation question we've been investigating: a change involving the exchange-rate mechanism or monetary-policy implementation is not necessarily equivalent to passing a new law through Parliament. But if the proposed measure requires changing an existing statute, appropriating money through the budget, or otherwise exercising a power constitutionally reserved to Parliament, Article 80 cannot simply be used to bypass Parliament.

The 102/Federal/2021 judgment is probably the strongest primary-source document to examine next, because it directly discusses Article 80, the CBI and the dinar exchange rate rather than relying on interpretations circulating in dinar forums.

[screwball]

The litigation challenged Iraq’s move to the approximately 1,450 IQD/USD exchange-rate level and questioned which Iraqi authority had constitutional competence over that decision. The Federal Supreme Court dealt directly with the roles of the Council of Ministers, the CBI and Parliament.

The Court relied on the constitutional framework including Articles 80, 103 and 110. Article 80 gives the Council of Ministers responsibility for planning and executing the State’s general policy. Article 103 protects the CBI’s financial and administrative independence, while Article 110 places monetary policy and currency matters within the exclusive federal sphere.

The crucial distinction

The judgment does not appear to say:

“The Council of Ministers may unilaterally determine whatever exchange rate it wishes under Article 80.”

Instead, it recognises interconnected responsibilities. The Government develops and implements overall economic and financial policy, while the Central Bank exercises the specialist monetary-policy authority.

That distinction is reinforced very strongly by the CBI itself. Under Central Bank Law No. 56 of 2004, the CBI lists among its statutory functions:

• formulating and implementing monetary policy including exchange-rate policy;
• holding and managing Iraq's official foreign reserves;
• issuing and managing Iraqi currency.

 

Even more directly, the CBI's official Monetary Policy Report defines the official exchange rate as the price determined by the Central Bank of Iraq.

That is a very important piece of evidence.

Does Parliament have to vote on an exchange-rate change?

Not necessarily — and this is where your original proposition has considerable force.

There is a distinction between:

1. Parliament legislating or approving the budget, and
2. the CBI exercising an existing statutory monetary-policy power.

The CBI already possesses legal authority to formulate and implement exchange-rate policy. Therefore, an operational CBI decision changing the official exchange-rate regime does not inherently require Parliament to pass a new law each time.

Parliament retains major powers: legislation, budget approval, oversight and accountability. But parliamentary oversight of the CBI is not the same thing as Parliament itself setting monetary-policy instruments.

[BETTYBOOP]

Interesting stuff! Thanks screwball.