STATUS OF THE RV . PART.4
😊Please go the articles section and read the article titled “PROS, CONS, AND CONDITIONS… WHAT IS THE POSSIBILITY OF ESTABLISHING AN INTERNAL PAYMENTS SYSTEM IN IRAQ?” to get the full article and all the details.
On Thursday, July 3, 2025, international economics professor Nawar Al-Saadi spoke about the possibility of establishing an internal payments system in Iraq, (which is the National Card Scheme Project I just talked about above) noting that the project’s “success” requires several conditions.
I encourage everyone to go read all these article concerning this next move by the Central Bank concerning this National Card Scheme project. All of these articles are interconnected and are chock full of information, if you take the time to read them all and understand what is about to happen.
It is all going to have a huge impact on the Iraqi financial system. Even though this system deals in the internal and not external monetary system directly, it may be a driving force for external monetary independence or at the minimum raise many questions about what the U.S. has been doing to prevent Iraqi sovereignty not help it.
But wait…there is more to this situation…..
☹If you read the news in the article titled “WASHINGTON IS “LURING” BAGHDAD INTO SANCTIONS. WHY IS THERE THIS SILENCE ON THE CENTRAL BANK CARDS”. So we find that it is not all as simple as it seems. Economic expert, Ziad Al-Hashemi, warned the Central Bank of Iraq against falling into the trap of US Treasury sanctions.
Now as investors we have to buckle down and ride the wave with the situation with Iran. We have no choice. We can write to our congress and senate reps asking they specific statements about the lack of Iraq sovereignty and why we fought the war to begin with, but please don’t make statements about the RV or reinstatement of the dinar. These events will just happen, almost automatically once full monetary independence is regained again. I believe that the National Card Scheme project is a major step in the right direction.
When I read all these articles dealing with the Iraq monetary sovereignty, I can’t help to vision that the U.S. is trying desperately to keep Iraq on the petro- dollar. Right now the petro-dollar backs up the U.S. dollar with these vast oil reserves of Iraq.
is this why the Federal Reserve still maintains a stronghold on the Iraqi wealth by controlling the funds from the oil revenues by still mandating the petro-dollar even though the UN sanctions are relieved. Yes, the sale of oil should also be included in these changes resulting from the relieve from these UN Chapter VII sanctions. Why hasn’t this yet happened?
If you have been a faithful followers of the Mnt Goat Newsletter, you know about the articles we read the past articles about the Iraqi desire and a plan to get off the petro-dollar. So, it is in the mind of the CBI to do so and I believe eventually they will do it. This would truly be monetary independence for Iraq and it would force the reinstatement if it had not yet already occurred.