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US Freezes $9.4 Billion Of Afghanistan Central Bank Reserves
greatgameindia.com ^ | August 18, 2021 | greatgameindia.com

Posted on 08/18/2021 10:40:31 PM PDT by ransomnote

After the humiliating exit of American troops, the US Treasury has frozen $9.4 billion of Afghanistan‘s Central Bank reserves.

The Taliban’s declaration that it had taken control of Afghanistan on Monday put central bank watchers around the world on alert.

 

The nation’s central bank, Da Afghanistan Bank, held $9.4 billion in international reserves as of April, according to the International Monetary Fund.

International observers are concerned about what the Taliban would do with the funds if it got its hands on the central bank’s assets.

Christopher Manion on Twitter: "@M_S_Billingslea With your experience, you might be able to direct us to sources that will recount how much of the trillions of taxpayer dollars spent in the Afghan/Iraq wars went to graft, bribes, legal payments (e.g., 2007-8 to Iraqi warlords)

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1 posted on 08/18/2021 10:40:31 PM PDT by ransomnote
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To: ransomnote

Probably give it to Iran for safekeeping.


2 posted on 08/18/2021 10:41:45 PM PDT by Jonty30 (My superpower is setting people up for failure, without meaning to. )
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To: ransomnote

So what? They should have got our people and equipment out


3 posted on 08/18/2021 10:43:57 PM PDT by madison10
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To: ransomnote

Great idea, with thousands of Americans stranded in Afghanistan by your incompetence.

What if I were a hostage, and I didn’t have the demonrats around to enrage my captors? The horror; the horror.


4 posted on 08/18/2021 10:44:19 PM PDT by dsc (Men are ruled...by liars who refuse them news, and by fools who cannot govern. G. K. Chesterton)
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To: ransomnote

That’s almost a billion dollars for the “Big Guy”!


5 posted on 08/18/2021 10:53:48 PM PDT by urbanpovertylawcenter (the law and poverty collide in an urban setting and sparks fly)
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There was a little footnote in an earlier story that said the plane that brings fresh currency to Kabul twice a month was sched for the day Kabul fell and thus did not fly. The story further related that Kabuls currency reserves are depleted and without that flight, the Taliban will be insolvent other than what they carry , within the week, leading to instant hyper-inflation and a rapid breakdown of social order in Kabul.

Schadenfreude.


6 posted on 08/18/2021 10:53:51 PM PDT by StAnDeliver (Each of you have at least ONE of these in your 401k: Pfizer, Moderna, AstraZeneca, Johnson & Johnson)
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To: ransomnote
The Biden Administration will see these $9.4 billion as a Faustpfand, and attempt to use it to coerce compliance from the Taliban. But I have a sneaking suspicion that most of it will end up lining the pockets of Middle East arms dealers.

Regards,

7 posted on 08/18/2021 10:55:02 PM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: StAnDeliver

Count on China to step in.


8 posted on 08/18/2021 10:59:23 PM PDT by ProtectOurFreedom (“Criminal democrats kill babies. Do you think anything else is a problem for them?”)
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To: StAnDeliver
[...] Kabuls currency reserves are depleted and without that flight, the Taliban will be insolvent other than what they carry , within the week, leading to instant hyper-inflation and a rapid breakdown of social order in Kabul [...]

The U.S. dollar is backed by the "full faith and credit" of the U.S. government, which has just suffered a humiliating military and diplomatic defeat at the hands of 8th-century religious fanatics.

The Afghan currency, on the other hand, is backed up by the "full faith and credit" of a victorious regime which is holding Biden's nut-sack (thousands of potential hostages) in its fist.

Which currency would you trust more?

Regards,

9 posted on 08/18/2021 11:01:15 PM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: ransomnote

Taliban will get their money by trading hostages. Count on it.


10 posted on 08/18/2021 11:16:28 PM PDT by monkeybrau
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To: ransomnote

When the Taliban start parading American hostages around that money will be immediately unfrozen.


11 posted on 08/18/2021 11:31:34 PM PDT by AlaskaErik (In time of peace, prepare for war.)
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To: ransomnote
After the humiliating exit of American troops, the US Treasury has frozen $9.4 billion of Afghanistan‘s Central Bank reserves.

How many billions in US military equipment did we turn over to the Taliban this last week?

And how do we keep Pakistan from taking our military aid and giving it directly to the Taliban?


12 posted on 08/18/2021 11:54:48 PM PDT by AnotherUnixGeek
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To: ransomnote; All

That’s what it will cost to get our Americans back from these bearded, unwashed animals.


13 posted on 08/19/2021 12:33:28 AM PDT by Cobra64 (Common sense isn’t common anymore.)
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To: alexander_busek

Seems the Democrats have a bad habit of funding our enemies with bribes for hostages, etc. - Iran - Obama BILLIONS; JFK and the Bay of Pigs POWS - millions/trucks, etc; Carter- Iran US hostages - who knows how much they paid them for their release.

No. Korea, E. Germany, Soviet Union/Russia, Red China, Communist Vietnam - holding US citizens as hostages.

Do I see a pattern of appeasement and bribery here?


14 posted on 08/19/2021 1:46:07 AM PDT by MadMax, the Grinning Reaper
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Comment #15 Removed by Moderator

To: ransomnote

Frozen assets?

PLEASE don’t make me laugh!


16 posted on 08/19/2021 4:48:47 AM PDT by SMARTY (Republics decline into democracies & democracies degenerate into despotisms. Aristotle)
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To: ransomnote

And EVERY member of Congress is working feverishly on new “bills” that’ll get that cash funneled right back to THEM.

THAT is what our government is ALL about these days.


17 posted on 08/19/2021 5:11:08 AM PDT by joethedrummer
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To: ransomnote

It will be turned over for ransom payment of US citizens.


18 posted on 08/19/2021 5:38:45 AM PDT by DownInFlames (G)
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