Is Iraq Ready to Drop the Zeros?
An expert floated taking a zero off the dinar. Iraq's bank rewired itself instead. Non-oil revenue hit a record 16%. Redenomination is not the revaluation.
Monday, July 27. For 2 days the guns went quiet over Iran, the first pause in nearly 2 weeks of nightly strikes, and while the whole world watched the water to see whether the calm would hold, Iraq spent the weekend working on itself.
Iraq's central bank rewrote its own wiring. A record Iraqi revenue figure landed that almost nobody reported. The courts pulled another pile of cash out of the walls of a corrupt Iraqi ministry. And one economic expert dropped a single sentence into the news cycle that lit up every RV watcher on the internet: Iraq is studying whether to take a zero off its paper.
Here is the thread, and it is what your subscription actually buys. The zero is the loud part. The wiring is the part that pays. Watch the second one. Everyone is asking whether Iraq is about to drop a zero from the dinar. The better question is why the bank in Baghdad chose the quietest weekend of the war to rebuild the machine that would have to run one.
The book behind the briefing
Head of the Snake
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The Hidden Architecture of Iran, Wealth Extraction and Global Control
The briefing is today's move. The book is the 118 years behind it - how the Federal Reserve, the petrodollar and Iraq's frozen dinar became one system of control, all documented from the public record. It saw the shape of this before the news did.
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