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Prolotario
@Prolotario1
The Forex Payback: Apple Rails, CBI Gold, and the End of the Iraq Occupation Ledger (Sept 30th Recoup?)
Iraq is going through financial crisis … no financial liquidity available for them.
They Only Have Two Options
• Use the cash reserve held in foreign countries to support the currency value or use the gold in CBI as collateral in order to get a loan to pay salaries, which is by itself is a huge risk losing it if they couldn’t pay back the loan
• Iraq can keep the gold at the central bank and back up the currency with it… and issue new notes without three zeros
From Majeed: – Yesterday, Iraq news channels saying the central Bank of Iraq opened a file they didn’t wanna open for a long time which is changing your exchange rate to solve the financial crisis. And now the CBI is discussing implementing it.
• The USA shipped $500 million to Iraq and they told them the amount is for traveling purposes, meaning anyone wanna travel out of Iraq they have to exchange their currency with dollars in order to leave the country. So the $500 million was not for salaries. The salary crisis need the rate to be changed.
• The minister of finance in Iraq will be meeting with the parliament tomorrow, Saturday to see why the country is bankrupt.
The CBI Gold Asset Backing vs. Collateral Loan
Iraq’s liquidity crisis has forced the CBI to open the exchange rate file because the alternatives are systemic suicide. Pledging the 33 trillion dinars worth of gold as loan collateral risks losing the sovereign reserve to IMF/C***l debt structures if Iraq defaults. It is a trap.
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The second option backing the currency with the gold and issuing new notes without three zeros is the White Hat path. Deleting the zeros is a redenomination, but backing it with the physical gold at CBI transforms it into a sovereign revaluation. It recapitalizes the currency internally without C***l debt strings. The Finance Minister’s emergency parliament session Saturday is to formalize this path. The liquidity crisis is the crisis required to justify the reset.
The September 30 Deadline
Sept 30, 2026, is the end of the U.S. fiscal year. This is the mechanical hard stop for the current budget cycle. It is not an arbitrary date; it is the operational fuse.
If Iraq executes the three-zero deletion and digital wallet rollout before Sept 30, the new exchange rate hits the global system before the U.S. has to reconcile its own FY2026 books. The U.S. Treasury’s foreign currency valuations, the Fed’s swap lines, and the IMF’s SDR baskets all have to adjust to the new Iraqi rate in the next fiscal cycle.
Furthermore, Congressional appropriations and continuing resolutions expire Sept 30. If the Clarity Act remains stalled, the SEC steps in Oct 1 under existing law. The start of FY2027 is the legal trigger for SEC enforcement. The Q4 rate cuts inject the fiat liquidity, the SEC provides the regulatory framework, and the CBI provides the asset-backed digital currency. All timelines converge on Sept 30.
Read Full Article:
https://www.patreon.com/Prolotario1/posts/forex-payback-of-166065353
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