Monday, July 21, 2025

SANDY INGRAM: How One System Controls Global Money Including the IQD

 SANDY INGRAM: How One System Controls Global Money Including the IQD

There are ongoing financial tensions between Iraq and the U.S. Treasury Department, particularly involving the Iraqi Dinar (IQD). Recent developments shed light on why Iraq has implemented certain financial and regulatory measures in response to increasing scrutiny and restrictions from the United States.

These actions carry significant implications—not only for Iraq’s national economy but also for individuals who hold or invest in the IQD.

 One growing concern is the heightened surveillance and recording of personal financial transactions, raising questions about privacy and the future of personal finance management on a global scale.

Read also: THE US TREASURY IS PURSUING CORRUPTION FUNDS… AND THE BAGHDAD GOVERNMENT REMAINS SILENT

Understanding the geopolitical and economic dynamics behind Iraq’s financial strategies is essential.

 These policies are shaped by external pressure, internal goals for economic reform, and efforts to stabilize the currency. 

This situation highlights the importance of evaluating political, economic, and privacy-related factors when considering investments in foreign currencies and navigating global financial systems.


MILITIAMAN: “Global Stage Ready? Iraq’s Financial System Goes Digital – #IQD Moves Next! ๐Ÿš€”

 


IMF: Iraq Has Maintained Stability And Inflation Is Low

 IMF: Iraq Has Maintained Stability And Inflation Is Low

 
July 19, 2025 Baghdad/Iraq Observer  The International Monetary Fund confirmed on Saturday that
Iraq has succeeded in maintaining its internal stability despite regional tensions, while noting that the  
inflation rate in Iraq has remained low.
 
The IMF stated in a report reviewed by Iraq Observer that “Iraq has succeeded in maintaining its internal stability despite  regional tensions and unstable global conditions,” noting that “the inflation rate has remained low in Iraq,” stressing “the need to   implement fundamental reforms to increase non-oil revenues and  control the public wage bill,” indicating that “current and investment spending plans for 2025 should be reviewed.” He stressed that
 
"it is necessary and urgent to reform the public pension system by  raising the retirement age and  reducing the accumulation and replacement rates," praising "the 

Central Bank of Iraq's  success in fully transitioning to the new trade finance system and its  contribution to narrowing the gap between the official and parallel exchange rates." 

The Fund stated that  "the Central Bank of Iraq has begun studying reform options to strengthen the private banking sector," stressing, "We encourage Iraq to accelerate its efforts to improve the issuance and collection of electricity bills." 

He explained that "progress has been made in  implementing the National Anti-Corruption strategy and   improving the Corruption Perceptions Index," adding that "it is essential to focus on  bridging the most pressing statistical gaps and  integrating pilot initiatives."    https://observeriraq.net/ุตู†ุฏูˆู‚-ุงู„ู†ู‚ุฏ-ุงู„ุนุฑุงู‚-ุญุงูุธ-ุนู„ู‰-ุงุณุชู‚ุฑุงุฑู‡-ูˆ/  


MIKE BARA: “10 Days to Financial Shockwave: Dinar, Dong, Gold & GESARA Incoming ๐Ÿ’ฅ๐Ÿ’ฐ”

 Mike Bara – News Update:

…Another contact (I won’t say who) had a long conversation with their boss. This boss is directly connected to the U.S. Treasury. He’s not a Treasury employee, but he has been in meetings where very important people were present. I’ll let you imagine who that might be.

Here’s what he said — and I’m going to relay it pretty much word for word:

In the next 10 days, we will see the following (in no specific order, so we don’t know what happens first — though we all suspect Iraq will go first):

What you can expect in the next 10 days:

  • The U.S. dollar will be gold-backed,

  • The Iraqi dinar will go,

  • The Vietnamese dong will go,

  • Bonds will go,

  • The QFS (Quantum Financial System) will launch,

  • GESARA will come into effect,

  • Med Beds will begin operation,

And you can also include:

  • The Venezuelan Bolรญvar,

  • Zim Agro,

  • Zim.

I went back to confirm, and he reaffirmed: everything will go, everything will happen at once.
When it happens — it all happens together.

๐Ÿ™๐Ÿ™๐Ÿ™๐Ÿ’ต๐Ÿ’ต

DINAR REVALUATION REPORT: “Dinar Ready to Explode? XRP Lined Up to Catch the Surge! ๐Ÿš€๐Ÿ’ต”

 


Hard Currency Is Being Drained With The Blessing Of The National Bank. Experts Warn Of A Catastrophe That Will Cripple The Iraqi Economy

 Hard Currency Is Being Drained With The Blessing Of The National Bank. Experts Warn Of A Catastrophe That Will Cripple The Iraqi Economy.

Economy     2025-07-19 | 06:10  1,903 views   Alsumaria News – Economic   Bank's monopoly 
The National on dollar transfers has sparked widespread controversy in Iraqi economic and commercial circles, amid accusations that it dominates foreign currency sales and transfers, threatening the principle of fair competition and increasing pressure on the local market.  

Observers believe this monopoly has contributed to rising exchange rates and limited options for traders and citizens.
 
Meanwhile, financial experts assert that the lack of effective oversight and the overlapping interests of influential parties have given the bank near-absolute control over the dollar's movement. 

Observers noted that  almost complete monopoly "the National Bank, with the support of influential parties,   was able to obtain near-exclusive control over foreign remittances from Iraq,  while a number of Iraqi banks were restricted and barred from accessing the electronic remittance platform."  

He added, "This monopoly is not merely technical in nature, but is also due to pressure from political backgrounds and influential figures with ties to the bank's senior management, raising concerns about administrative and financial corruption."


 
The Impact Of Monopoly On The Market And Iraqis
 
This, according to experts, confirms the weak competitiveness of Iraqi banks.
 
Reducing the profit margin and development opportunities for local banks, due to their being barred from participating,weakens their ability to provide local services or improve their infrastructure.
 
It also leads to a deterioration in services for beneficiaries, as transfer and deposit transactions have been subject to   repeated delays and postponements,   substandard customer service, and complaints of electronic system outages and  erratic transfers.  

They continued,  "The manipulation of remittances also leads to a drain on hard currency, as the National Bank is estimated to be transferring huge sums of dollars abroad,  taking advantage of exchange rate differences and dollar auctions without adequate oversight." 

They noted that "there are huge economic losses estimated at billions of dinars annually
     —such as 7.5 billion dinars stolen from Iraqi profits and sent directly to Amman
     —that are draining the Jordanian economy."
 
Dividend Distribution – Who Benefits?
 
The National Bank of Iraq (NBI) achieved huge profits following the acquisition; its net profit after tax for 2023 reached approximately 190 billion dinars,  compared to 27.5 billion dinars in 2022.

Revenues from the currency window  also increased 26-fold to approximately 93 billion dinars,  67% of which is transferred to non-Iraqi entities.

External destination: A large percentage of these profits go to Jordan,  according to representatives and experts, and  are added to the budgets of the parent companies, representing  a clear drain on liquidity and foreign currency in excess of the local markets' needs.
 
The Size Of The Monopoly And The Impact Of The Law
 
waived Article 107 of the Banking Law any limits on foreign investor ownership (up to 100%),
enabling foreign-owned banks to dominate, while such licenses are practically prohibited for Iraqi banks.
 
granted The Central Bank licenses and controlled currency auctions in a non-transparent manner, and
amended laws to support the interests of certain parties at the expense of national financial sovereignty.
 
Supervisory Calls
 
Observers called for "an urgent parliamentary investigation into the procedures that led to the
National Bank's leadership,   documenting financial transactions,  identifying the parties involved,  reviewing the banking law and amending Article 107 to end foreign control and  enable Iraqi banks to compete, as well as abolishing the monopoly currency window and  replacing remittance distribution with a transparent system managed by the  government   or a unified platform without the control of a private bank."   

They stressed the "need to refer the National Bank to direct oversight by the Central Bank, strengthen monitoring of transfers and the exchange rate, and impose penalties on violators."
 
The National Bank of Iraq's ongoing monopoly over foreign remittances   negatively impacts the national economy and  leads to the transfer of huge profits abroad.
 
This has prompted calls for  parliamentary action to investigate the matter through judicial and legislative means, as well as for  fundamental reforms to regulatory institutions and the banking system.  Experts stated that "Iraqi depositors are the losers in this financial game, while dinars and hard currencies are being siphoned off under the guise of legal transfers."      
https://www.alsumaria.tv/news/economy/534072/ุงู„ุนู…ู„ุฉ-ุงู„ุตุนุจุฉ-ุชُุณุชู†ุฒู-ุจู…ุจุงุฑูƒุฉ-ุงู„ู…ุตุฑู-ุงู„ุฃู‡ู„ูŠ-ุฎุจุฑุงุก-ูŠุญุฐุฑูˆู†-ู…ู†-ูƒุงุฑุซุฉ-ุชุดู„ 



MILITIAMAN: "Iraq’s Quiet Revolution: From Oil to Digital Gold – Militia Man Breaks It Down ๐Ÿ’ฅ"

 Militia Man 

 Iraq is not just oil anymore.  It's about non-oil resources...That includes banking,  banking restructuring. .

.professional institutions like Oliver Wyman and Ernst and Young that have been working with Iraq for many  years...

That's why I'm so bullish and why I keep doing this. 

 I totally believe 100% that Iraq is going through a digital  transformation.  I believe Alaq is...going to delete the zeros from the exchange rate.  The project still exists...All of these  things are coming into play.  


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