January 2020 – The Iraqi parliament had just voted to expel US forces…A reporter asked President Trump how the United States planned to recover its costs if it left. The […]

The precedent is March 1933, when Roosevelt shut every bank in America, culled the ones that could not survive examination, and within a year repriced gold from $20.67 to $35 […]

Iraq’s central bank is licensing a kind of bank the country has never had: no branches, no vaults, no paper…Nobody writes that spec for a currency they plan to leave […]