Frank26: How Global Security, Oil Economies, and Venezuela Impact the Iraqi Dinar Monetary Reform
The question many investors and followers of the Iraqi dinar (IQD) monetary reform continue to ask is both complex and global in nature:
Does Venezuela’s situation affect the Iraqi dinar monetary reform?
According to Frank26, the answer is nuanced — not directly, but undeniably connected.
In this in-depth analysis, we break down Frank26’s insights on global security, oil economies, geopolitical stability, and how these factors influence Iraq’s long-awaited monetary reform. We also explore his powerful lesson on wealth preservation, a principle many overlook.
Does Venezuela Affect the Iraqi Dinar Revaluation?
Short Answer: Not Directly — But It Is Tangible
Frank26 clearly states that Venezuela’s situation does not directly control or delay
Iraq’s monetary reform. However, it does matter in a broader, global sense.Why?
Because Iraq’s monetary reform does not exist in isolation.
What Does Monetary Reform Truly Require?
The Core Foundations: Security and Stability
Frank26 emphasizes that security and stability are the primary requirements for any successful monetary reform.
✔ Iraq has made major progress
✔ Security inside Iraq has improved
✔ Financial and banking reforms are in place
However, monetary reform also depends on regional and global stability, especially among oil-producing nations.
Why Oil-Producing Nations Matter
Countries heavily dependent on oil share interconnected economic destinies. According to Frank26, this includes:
Iraq
Iran
Venezuela
Colombia
Cuba
Other emerging or sanctioned economies
When instability affects one oil nation, the ripple effects touch global markets, currencies, and geopolitical alliances.
The United States and Global Hope
Frank26 offers a strong opinion:
Many nations are praying for the United States to step in and help restore balance, security, and economic opportunity.
The presence of U.S. leadership, diplomacy, and economic influence creates hope, especially in regions suffering from sanctions, corruption, or internal collapse.
This is not just political — it’s monetary.
Iran, Iraq, and Regional Stability
Frank26 highlights Iran as a central destabilizing force in the region:
Iran impacts Iraq’s security
Iran influences oil markets
Iran’s instability affects neighboring economies
He believes Iran may soon face the same pressures and transformations seen in other struggling nations, potentially reducing its disruptive influence on Iraq.
Featured Snippet: Key Insight from Frank26
“Monetary reform requires security and stability. Iraq has it internally, but the world must also stabilize — especially oil-producing nations.”
— Frank26
Frank26’s #1 Rule of Wealth (Most People Get This Wrong)
One of the most powerful lessons Frank26 shares has nothing to do with currencies — and everything to do with financial wisdom.
Never Spend Your Principal
“I got a million dollars. I’m going to buy a million-dollar home.”
Sounds great — until reality hits.
Hidden Costs People Ignore:
Property taxes
Insurance premiums
Maintenance and repairs
Utilities and staffing
That million dollars disappears faster than expected.
The Smart Wealth Strategy
Frank26’s rule is simple:
✔ Never spend your principal
✔ Live off dividends
✔ Live off interest, royalties, and returns
Wealth is not what you buy — it’s what you keep working for you.
Q&A: Frank26 on Monetary Reform and Wealth
Q: Does Venezuela delay Iraq’s monetary reform?
A: No, but Venezuela’s instability contributes to global uncertainty, which matters.
Q: Is Iraq ready internally for reform?
A: Yes. Iraq has achieved major security and banking milestones.
Q: Why is oil so important to currency reform?
A: Oil economies are globally connected. Instability in one affects all.
Q: What is the biggest mistake new wealthy people make?
A: Spending the principal instead of living off the returns.
Featured Snippet: Wealth Wisdom
“Wealth is not spending your money. Wealth is letting your money pay you.”
— Frank26
Final Thoughts
Frank26 reminds us that monetary reform is both local and global. Iraq has done its part, but the world must also move toward greater stability — especially in oil-dependent nations.
At the same time, personal wealth requires discipline, patience, and wisdom. Whether it’s currencies or finances, the rule remains the same:
Protect the foundation. Live off the growth.
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Frank26
Does [Venezuela's situation] affect our monetary reform with the Iraqi dinar?
Not directly but I'm not going to say that it's not tangible. It is.
Why? What do we seek for the monetary reform?
...Security and stability. We got it in Iraq. But we also need it globally, especially those that are dealing with oil...In my strong opinion the people of Iraq...Iran... Venezuela... Columbia...Cuba and many other countries are praying for the United States of America to come and help them...The countries around the world have been given hope...It seems to me that Iran which is the problem for security and stability in Iraq is going to see the same thing...
The #1 thing to know about wealth is never spend your wealth. 'I got a million dollars. I'm going to buy a million dollar home.' Do you know what it cost for a million dollar home insurance? No. Do you know what it costs a million dollar home maintenance? No...property tax? No. Then you're going to blow your million dollars and buy the house? How are you going to afford it? Are you going to keep it? Never spend your principle. Live off the dividends, off of your principle, off the royalties of your principle.