Probable Sequence of Events re: Iraq
By Stephanie Starr
Post on August 14, 2025
It’s not a coincidence that Iraq is preparing to revalue their currency, which has been years in the making, and now that they are so close, James Clapper is being exposed for the fraud and criminal that he is!
Who is James Clapper, and what does he have to do with Iraq? He and his team created the false narrative that Iraq had weapons of mass destruction that led to the war in Iraq in 2003.
Full circle moment ~ Wouldn’t it be great if he was charged for his crimes against Iraq, and they revalue their currency in a symbolic ending to this 20 + year saga?
Here’s the probable sequence of events that Iraq would follow right before a currency revaluation, based on how other countries have done it, plus Iraq’s current political and economic reality:
Stage 1 — Final Banking Reform Lock-In
Central Bank of Iraq (CBI) announces all private banks have met capital and compliance requirements.
Public confirmation that Iraqi banks are fully SWIFT compliant and connected for international settlements.
Foreign bank partnerships become operational (not just announced).
IMF, World Bank, or BIS statements praising Iraq’s financial readiness.
Stage 2 — Market Preparation
Tightened dollar supply domestically (already happening, but would intensify).
Increase in official gold reserves and CBI foreign currency holdings. (This has been occurring.)
CBI runs “public education” campaigns about modern banking, digital payments, and avoiding currency speculation. (This has been occurring.)
Quiet, unexplained meetings between Iraq, the U.S. Treasury, and IMF teams. (This has been occurring.)
Stage 3 — Legislative & Policy Clearance
Finalization of the Hydrocarbon Law (HCL) and budget laws to secure oil revenue flow. (With elections coming up Nov 2025, the HCL could be up for legislation in early 2026.)
Laws passed to protect investors and prevent capital flight.
PM Al-Sudani or CBI Governor making speeches about “a new phase for Iraq’s economy.”
Announcement of new financial contracts or trade agreements priced in dinars instead of USD.
Stage 4 — Exchange Rate Adjustment
CBI makes an early-morning announcement (often on a Sunday in Iraq when markets are closed internationally).
Overnight system updates for banks, ATMs, and SWIFT codes.
Temporary bank closures for 1–3 days while systems adjust.
Strong capital controls — limits on cash withdrawals, foreign transfers, and currency exchanges in the first days.
Stage 5 — Post-Revaluation Stabilization
Heavy CBI intervention to keep the new rate stable.
Gradual easing of capital controls once confidence is established.
IMF and World Bank monitoring reports showing stability.
Surge in foreign investment announcements.(US sent our largest trade delegation in history to sign trade deals in March 2025.)
The big tell: When Iraq finishes banking reforms AND resolves all U.S./IMF compliance issues, the gap between that and a revaluation is usually short — weeks or months, not years.
Stephanie Starr
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