OF THE
TIMES
Iraq's economy is the target of an American-led destabilization campaign to pour vast amounts of counterfeit currency into the country, Arab and Western officials here say.To properly understand this tactic of the CIA, it is worth noticing that the target country, Iraq, already was under severe economic stress. A common theme in the targeted countries are pre-existing weaknesses that become strongly exacerbated by hyperinflation. The countries have been excluded from the international financial markets, thus making loans impossible.
The fake dinar notes are being smuggled across the Jordanian, Saudi, Turkish and Iranian borders in an effort to undermine the Iraqi economy, said the officials here who closely monitor the situation inside Iraq. Those officials said counterfeit dollars are being smuggled into Iraq in smaller quantities to further confound the banking system. The officials, who insisted on not being identified, said the countries behind the separate counterfeiting operations included Western nations, Saudi Arabia, Iran and Israel.
The fake currency has contributed to Iraq's severe inflation problem, which is aggravated by the fact that the Iraqi Government is printing money at uncontrolled speed to pay inflated salaries and cover the costs of reconstruction.
A Saudi official, who insisted on not being identified, concurred with the reports, saying that "all borders are being used."
Comment: And a day later, this happens: US State Department orders closure of Russian Consulate in San Francisco, Lavrov regrets the escalation