Insights for Navigating an Uncertain World
“The Central Bank of Iraq (CBI) banned eight local banks from making US dollar transactions on 4 February, in an attempt to avoid sanctions and US financial restrictions.”
Read the article…strangely it looks like the US Treasury is supportive of the move…
Hal Turner Radio Show – Iraq BANS U.S. Dollar Transactions at Eight Banks!
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts
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