Speaker of the House, these deputies, that was done quick as lighting. That is not how [Iraq] moves. That is not how they function. Somebody's pushing all of this. Speaker's position was [filled] quick.
It's not a coincidence that many counties are making changes to their currency. Even Iran is trying...Syria is dropping zeros in January and Iran in March, their budget time frames are different but Syria and Iraq budgets are the same, January 1st to December 31st.
Question: "So [Iraq] is not in the WTO yet? Are they?"
You want it on a document. You want it on a piece of paper. You can wait for that. But if you was to say, Frank, have they done everything they need to do to be a member of the WTO?
The answer is yes. That's why we have an article where the WTO says, 'come, welcome. You're a member now. You did everything.' Did Iraq, did Sudani, say, 'Thank you. We'll be there next Tuesday." No. Iraq didn't say jack, why? It's waiting for the new exchange rate.
AN ECONOMIST SAYS US SANCTIONS ARE ON THEIR WAY OUT AND IRAQI BANKS ARE ENTERING A PHASE OF OPENNESS
(Mnt Goat: not if Iraq does not deal with the PMF, the US is likely to impose some sort of sanctions of Iraq if the PMF is not handled correctly.)
Anticipated financial breakthrough
Economic expert Manar al-Obeidi affirmed that Iraq is moving towards greater banking openness, which will facilitate the flow of funds and create a more attractive environment for investors. He noted that the government has successfully addressed most of the financial issues with the United States, which will gradually reduce the impact of sanctions. Al-Obeidi emphasized the need to eliminate overlapping jurisdictions among institutions and grant investment authorities broader powers to ensure a clear plan that supports economic development.
Manar Al-Obaidi – an economic expert, in a dialogue with journalist Ali Qazan:
The Iraqi banking sector is moving towards greater openness to the world, away from the problems and difficulties that were occurring, and I believe that this will be positive in terms of investment and money transfe
rs.
The significant overlap in powers between institutions is one of the biggest challenges facing investors. Therefore, this problem and overlap must be addressed, and broader powers must be granted to investment authorities in the governorate, and there must be a clear plan for investment in Iraq.
The Iraqi government has been able to resolve many of the financial issues with the American side. With the reforms that Iraq has undertaken to enhance transparency and prevent money laundering and smuggling, I expect that over time the impact of the American sanctions will largely disappear.
“Please consider everything on this call as my opinion. People who take notes do not catch everything, and it’s best to watch the video to get full context. Always consult a professional for financial decisions.”
This disclaimer sets the tone for a measured and responsible discussion, especially during periods of heightened speculation.
End of the Year Sentiment: Hope, Fatigue, and Anticipation
With only days left before the new year, the community expressed a mix of:
Hope
Fatigue
Cautious optimism
Many members voiced that the “rollercoaster ride” feels long overdue for an end, reflecting widespread desire to move forward rather than continue waiting.
When asked about claims from TNT Tony suggesting action within 72 hours, MarkZ responded calmly:
“We will soon find out. Are we hopeful? Are we hearing many rumors that this is accurate? Yes. So it could be… Stay calm.”
MarkZ neither confirms nor dismisses the rumors, emphasizing patience and emotional balance.
Iran: Currency Collapse and Political Fallout
MarkZ addressed reports that the Governor of Iran’s Central Bank stepped down, connecting it to deeper instability.
Key points:
Iran’s currency is in freefall
Economic pain has driven public protests
Government officials are reportedly resigning or going into hiding
“When your currency falls—people take to the streets.”
This serves as a reminder of how closely currency stability and social order are linked.
Syria vs Iraq: Two Different Currency Approaches
A member asked whether Iraq might follow Syria’s move of removing two zeros.
MarkZ clarified:
Syria: Removes zeros first
Iraq: Plans to increase purchasing power first, then remove zeros
“A very different approach.”
This distinction aligns with Iraq’s previously stated monetary strategy.
Global Currency Changes: Coincidence or Connection?
Members noted that several countries are issuing or preparing new banknotes:
Syria
Bank of England
Japan
Sri Lanka
One comment summarized the sentiment well:
“This tells me there is a reset coming without telling me there is a reset coming.”
MarkZ responded:
“I very much think it is RV related. Many countries are announcing currency changes right now.”
Is the US Gold-Backed? Does It Matter?
When asked whether the US must announce a gold-backed currency before any RV:
MarkZ did not confirm this requirement
He emphasized global movement rather than US-only action
Regarding claims that Trump is in charge of a reset:
“Many think he is… but I do not.”
Iraq Update: Parliament and Digital Transformation
Parliamentary Progress
MarkZ cited reports:
The House of Representatives began a new session
Election of the second deputy speaker is underway
Positions are being seated and sworn in
“They are moving forward.”
Digital Transformation Milestone
Another key article discussed:
859 Iraqi government entities adopting e-governance
MarkZ noted this aligns with Iraq’s White Papers, stating that:
Digital governance is necessary
It supports increased purchasing power
It enables eventual removal of zeros
Banking & Exchange Insights
Members shared experiences with currency exchanges:
Some exchanges claim no appointment or phone number needed
MarkZ advised caution
“Make certain they verify your currency right there in front of your eyes.”
Others prefer waiting for official notifications to ensure:
Proper verification
Trained personnel
Best exchange conditions
MarkZ emphasized personal choice while urging vigilance.
Bond Updates & Group Activity
MarkZ shared that:
Group representatives recently resumed activity
Meetings are ongoing
No confirmed bond update yet
“I am not expecting breakaway awesome news tonight—but I will update when I know.”
Featured Snippets
Is there truth to year-end RV rumors? MarkZ acknowledges widespread rumors but urges calm, patience, and verification before drawing conclusions.
Why is Iran experiencing protests? Iran’s currency collapse has triggered economic pain, resignations, and public unrest.
How is Iraq preparing for currency reform? Iraq is advancing parliamentary seating and expanding digital governance, which supports purchasing power increases.
Q&A Section
Q: Is Iraq deleting zeros now?
A: No. Iraq plans to raise purchasing power first, then remove zeros later.
Q: Are global currency changes connected?
A: MarkZ believes many are related and part of broader monetary adjustments.
Q: Should I exchange currency immediately?
A: MarkZ advises caution, verification, and consulting professionals.
Key Takeaway from MarkZ
MarkZ’s update reflects the reality of this moment:
Rumors are intense
Global signals are increasing
Iraq continues incremental progress
Patience and preparation remain essential
This is a time for observation, not emotional decisions.
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good morning Mr Mark Z and ALL of YOU here
Member: Only 2 days until the new year….fingers crossed it’s a great one.
Member: Is the rollercoaster ride coming to a stop finally ? I’m ready to get off the ride now and move forward!!!
Member: TNT Tony says within 72 hours- any truth to this?
MZ: We will soon find out. Are we hopeful? Are we hearing many rumors that this is accurate? Yes. So it could be….Stay calm
Member: Just read that the Iranian CBI governor just stepped down because ot their currency collapse. Will others follow suit?
MZ: “Surge of Economic pain pushes Iranians to the streets” their currency is in complete freefall and collapse. The government leaders in Iran are ducking and hiding. So yes I think more will follow suit.
MZ: They have people dropping left and right from their government. Including the Central Bank Governor and employees. Iranian people are protesting in the streets. When your currency falls -people take to the streets.
Member: Syria has taken away 2 zeros. Is it possible Iraq will do that?
MZ: Iraq says they will first lift the purchasing power and then delete the zeros….a very different approach.
Member: Mark, What is your take on many countries announcing the release of new currency. Is it RV related? I am still waiting on the US to announce asset backed currency
MZ: I very much think it is RV related. Many countries are announcing currency changes right now.
Member: I wonder- do we need a public announcement that the US is GOLD backed before we RV?
Member: Banks in Budapest, Hungary, will be closed for 4 days from January 1st to the 4th. They are getting ready for some changes
Member: Syria, Bank of England, Japan and Sri Lanka, ALL issuing and getting ready to issue new bank notes... This tells me there is a reset coming without telling me there is a reset coming!
MZ: There is no bond update yet. I know group people are finally back in position today. They had been traveling over the weekend. They had some meetings yesterday and have more this afternoon. It will probably be pretty late this evening before I get an update on that front.
MZ: So I will give that update in the morning unless it is just break away awesome news. I wouldn’t care if it was midnight….But, I am not expecting that type of news.
Member: I am so sick of talk, talk, talk…..we need some ACTION!
Member: Is Trump in charge of the reset?
MZ: Many think he is….but I do not.
MZ: In Iraq: “ The House of Representatives bell rings to mark the start of the new session for the election of the second deputy speaker of Parliament” they are getting positions sat and sworn in. They are moving forward.
MZ: “Iraq’s Digital Transformation: 859 Government Entities adopt E-Governance” They said in their “White Papers “ that this was necessary for them to raise their purchasing power and remove their zeros.
Member: I talked with a Florida exchange about taking the dinar and dong….and they said we will not need a phone number- to just come in unless we were a whale.
MZ: Just make certain they verify your currency right there in front of your eyes.
Member: I believe if the bank does verify you currency on site…I think taking a few notes and seeing how the process goes is ideal first
Member: I will wait for the 800 numbers to know I am going to the best place with the best trained personnel……but you are all free to do what you want.
Member: Thanks Mark and Mods….Hope everyone has a great day today.
Lewis Hermes joins the stream today. Please listen to the replay for his information and opinions.
SAMIR AL-NASSIRI: THE BANKING REFORM PLAN IS BEING IMPLEMENTED SUCCESSFULLY ACCORDING TO ITS TIMETABLE
Banking consultant and expert Samir Al-Nassiri confirmed that the Central Bank, Oliver Wyman, and other banks are continuing to implement the standards of the banking reform plan in partnership and daily coordination, according to the plan’s timeline, which was launched on April 7, 2025.
The Central Bank published the project implementation mechanisms and the banks signed an agreement to comply with the plan. Preparations are now underway to launch the first evaluation cycle during the first quarter of 2026.
The procedures and efforts undertaken by the Central Bank of Iraq, in cooperation and consultation with the consulting firm and private banks, have resulted in tangible steps during the current quarter in facilitating the implementation of the objectives, programs, mechanisms and standards of the comprehensive banking reform project, within the framework of implementing the Central Bank’s third strategy.
He explained that the main objective of this project is to build a sound, modern, comprehensive and flexible banking sector that contributes to achieving rapid growth in the national economy, a cumulative increase in GDP, and enhancing the market value of the banking sector.
Al-Nassiri pointed out that economic reform begins with banking reform, explaining that the challenges facing the Iraqi economy simultaneously present significant opportunities to reform and develop the banking and financial sector, in line with the government’s program and the Central Bank’s future vision. He added that the banking sector will play a pivotal role in achieving sustainable development and attracting investments, as well as supporting ongoing efforts to activate non-oil productive sectors with the aim of diversifying national income sources and ensuring financial sustainability and balanced economic growth.
Al-Nassiri explained that the role of the Central Bank is also embodied in regulating the financing of foreign trade and implementing infrastructure projects related to comprehensive digital transformation, in addition to expanding the use of electronic payment tools in a way that enhances the achievement of financial inclusion.
He stressed that these efforts will contribute to providing real opportunities for reforming, developing and empowering the private banking sector during the period 2025–2028, through a set of key objectives, most notably:
* Developing the Iraqi banking system to keep pace with internationally approved banking and accounting standards.
* Building a sound, modern, comprehensive and flexible banking sector capable of adapting to economic changes.
* To enhance citizens’ confidence in the local banking sector and achieve international recognition of its transparency, progress, and commitment to international standards, thereby strengthening the confidence of global correspondent banks in dealing with it.
* Rehabilitating restricted or weakly active banks to enable them to return to the banking market with their full internal and external activities.
* Refocusing the role of banks on their core function of financing and lending for development, while promoting financial inclusion and increasing its rate in accordance with the established plans.
* To promote the transition from a cash economy to a digital economy by attracting funds circulating outside the banking system, which represent about 90% of the money supply, and bringing them into the formal banking cycle.
Al-Nassiri explained that although the period specified for their implementation according to the banking reform project and the Central Bank’s strategy extends to three years, what was achieved during the years 2023, 2024 and 2025 is considered an important achievement, as solid foundations and rules were built that formed the main pillar for the desired reform path.
He added that these achievements will contribute to the process of evaluating and classifying Iraqi banks based on the extent to which they achieve the goals set within the banking reform project, in accordance with the approved international standards and criteria.
These efforts are not theoretical—they are ongoing and measurable.
Is Progress Still Happening This Year?
According to Militia Man:
“Are there still things happening within this year? Absolutely.”
This reinforces that Iraq’s reform process is active, not stalled, even as it transitions into the next phase.
Sandy Ingram: It’s Not a Revalue—It’s a Currency Adjustment
Sandy Ingram addresses one of the most misunderstood topics in the dinar community.
“The word ‘revalue’ will just fall off a cliff.”
He explains that Iraq’s monetary future should be viewed through the lens of:
Market dynamics
Investor confidence
Exchange rate mechanisms
Why Language Matters
In global finance:
Currencies adjust, they don’t magically revalue
Market forces determine long-term value
Central banks guide transitions, not instant jumps
Floating, Adjusting, and Market Forces
Once Iraq:
Achieves full integration
Allows its currency to float or semi-float
Aligns with international markets
Then, according to Sandy Ingram:
“They will feel the full force of global investors behind them.”
At that point:
Supply and demand take over
Foreign investment influences value
The IQD finds its level organically
What Determines the Future Value of the IQD?
Not speculation—but fundamentals:
Trade volume
Oil and non-oil revenues
Foreign direct investment
Market confidence
These factors will ultimately decide:
“What the IQD will float or rise to.”
Featured Snippets
Is Iraq integrating into the global financial system?
According to Militia Man, Iraq has completed many foundational steps required for global financial integration and continues making progress.
Is the Iraqi dinar going to be revalued? Sandy Ingram explains that Iraq’s currency future is about adjustment, not revaluation, driven by market forces.
What happens when the IQD begins to float? Global investors enter the market, and supply and demand help determine the dinar’s value.
Q&A Section
Q: Has Iraq finished all reforms?
A: No, but many critical steps have been completed, and progress is ongoing.
Q: Why is “revalue” the wrong term?
A: Modern currencies adjust through markets rather than fixed revaluations.
Q: Who determines the IQD’s future value?
A: Market forces, guided by Iraq’s economic fundamentals and investor demand.
Key Takeaway: A More Mature Narrative
Militia Man and Sandy Ingram together point toward a more realistic and mature outlook:
Integration before appreciation
Adjustment before speculation
Market forces over hype
This evolution in thinking aligns Iraq’s currency story with how global finance actually works.
Iraq has been doing everything they need to do to set themselves up for integration into the global financial system.
That's where we're at...Are there still things happening within this year? Absolutely.
Sandy Ingram
The word "revalue" will just fall off a cliff because it's not about a "revalue", it's a "currency adjustment".
Once Iraq puts itself in a position for the currency to float or do whatever it is they're going to do, they will then feel the full force of global investors behind them. That will determine...what the IQD will float or rise to...