Richardcyoung.com

  • Home
  • Debbie Young
  • Jimmy Buffett
  • Key West
  • Your Survival Guy
  • How We Are Different
  • Paris
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • Dick Young
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool
  • Anti-Gun Control
  • Anti-Digital Currency
  • Joel Salatin & Alfie Oakes
  • World Gold Mine Production
  • Fidelity & Wellington Since 1971
  • Hillsdale College
  • Babson College
  • Contact Us

U.S. Freezes Afghan Billions

August 18, 2021 By The Editors

By Anna Nass @ Shutterstock.com

The Taliban is still sanctioned by the American government, and money owned by the U.S.-backed government of Afghanistan has been frozen in order to stop the insurgent forces from taking it. Bloomberg reports:

The U.S. has frozen nearly $9.5 billion in assets belonging to the Afghan central bank and stopped shipments of cash to the nation as it tries to keep a Taliban-led government from accessing the money, an administration official confirmed Tuesday.

The official said that any central bank assets that the Afghan government has in the U.S. will not be available to the Taliban, which remains on the Treasury Department’s sanctions designation list.

Ajmal Ahmady, acting head of Da Afghan Bank, the nation’s central bank, early Monday tweeted that he learned on Friday that shipments of dollars would stop as the U.S. tried to block any Taliban effort to gain access to the funds. DAB has $9.5 billion in assets, a sizeable portion of which is in accounts with the New York Federal Reserve and U.S.-based financial institutions.

U.S. sanctions on the Taliban mean that they cannot access any funds. The vast majority of DAB’s assets are not currently held in Afghanistan, according to two people familiar with the matter.

The U.S. Treasury Department declined to comment.

If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.

Related Posts

  • Taliban Capturing More Districts from Afghan Government
  • Afghan Disasters: A History
  • Should the Afghan War Be Privatized?
  • An Afghan Journalist’s Cri de Coeur
  • Author
  • Recent Posts
The Editors
The Editors
The Editors
Latest posts by The Editors (see all)
  • Are California Politicians Abetting the Violence? - June 11, 2025
  • Democrats Slowly Realizing Transgender Campaign Was a Mistake - June 9, 2025
  • Memorial Day Remembrance - May 26, 2025

Dick Young’s Must Reads

  • Does Big Government Create Poverty?
  • Progressive Liberalism Has Dragged America near Ruination
  • The Armed American Family: Part I
  • Being Fully American Means Americans First
  • DEATH SPIRAL: Crime Soars in Democrats’ #DEFUNDTHEPOLICE Cities
  • You May Be Surprised by America’s “Least Woke City”
  • Can Ginger Combat Heart Disease and Improve Circulation?
  • Your Cash Swept into Your Broker’s Bank Account!
  • Your Survival Guy Prefers Bombardier’s Global Express 7500
  • How Will YOU Feel in Retirement? Let Me Explain

Our Most Popular Posts

  • Whoa, Hang on Here. There’s Trouble in Culver City
  • Is Salt Bad for You?
  • RON PAUL: Can Musk and Trump Reconcile?
  • $25 Million Down; $175 Million to Go
  • Saving Western Civilization
  • Graduating from Work to Retirement #19: A Teacher for Life
  • No More NSAIDS for Back Pain?
  • There Are Only Two Ways to Cut Entitlements
  • The Federal Reserve Finally Killed the Penny
  • Ukraine’s Attack Underlines Need for Trump-Style Border Control

Compensation was paid to utilize rankings. Click here to read full disclosure.

RSS Youngresearch.com

  • Epic Man Cave with Car Elevator in Utah
  • Oil Prices Spike as Markets Brace for Potential Middle East Conflict
  • Is Private Capital Appropriate for 401(k)s?
  • US Underground Natural Gas Storage Capacity Grew in 2024
  • Trump Revokes Biden Policy on Snake River Dams
  • Graduating from Work to Retirement Special Bonus: God Only Knows
  • US Secures LNG Export Deals Worth $200 Billion
  • High-Voltage Cable Crunch Hits Global Electrification
  • May PPI Lower than Expected
  • Graduating from Work to Retirement #20: Life in Reverse

RSS Yoursurvivalguy.com

  • Epic Man Cave with Car Elevator in Utah
  • Is Private Capital Appropriate for 401(k)s?
  • Strikes Expose Israel’s Hidden Drone Operations Inside Iran
  • Even If You Don’t Golf: Part 2
  • Graduating from Work to Retirement Special Bonus: God Only Knows
  • Private Equity: Moody’s Warns There’s Ample Cause for Concern
  • Your Survival Guy: Castle Hill, Newport
  • Containerized Missiles and the New Rules of War
  • Graduating from Work to Retirement #20: Life in Reverse
  • America’s Silent Army with 423M Guns

US Treasury Yield Curve: My Favorite Investor Tool

My Key West Garden Office

Your Retirement Life: Traveling the Efficient Frontier

Live a Long Life

Your Survival Guy’s Mt. Rushmore of Investing Legends

“Then One Day the Grandfather was Gone”

Copyright © 2025 | Terms & Conditions | About Us | Dick Young | Archives