Citing Western media sources, Durden narrated that it turned out that in summer 2015, Islamic State could have received millions of dollars in cash through Iraqi financial firms called "exchange houses."
According to the analyst, US dollars were delivered to the Iraqi Central Bank from the Fed on a regular basis and then sold in daily auctions to thousands of so-called exchange houses. The Iraqi financial firms' activities raised Washington's suspicions: purportedly, some of them poured the American currency into Islamic State's vaults.
In order to halt the cash flow "the US cut off Iraq's access to dollar funding, nearly plunging the country into crisis," Durden explained.
"We find it particularly amusing that the US is apparently so concerned about supplying Sunni extremist groups with dollars that Washington is willing to push Baghdad to the precipice of crisis in order to cut off the flow. After all, supplying Sunni mili