The Theft of Nations: Returning to Gold |
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Page 76
Returning to Gold Ahamed Kameel Mydin Meera. Table 2 : Characteristics of Fiat Money and Problems Caused Fiat Money ... Currencies 1. The many fiat national currencies currently existing provide a fertile ground for currency speculation ...
Returning to Gold Ahamed Kameel Mydin Meera. Table 2 : Characteristics of Fiat Money and Problems Caused Fiat Money ... Currencies 1. The many fiat national currencies currently existing provide a fertile ground for currency speculation ...
Page 103
... fiat money can jeopardize the credibility of the issuing nation . Many fiat monies have collapsed to their zero- intrinsic value in the past . As the truth unfolds , all fiat currencies ultimately seem to return to their zero intrinsic ...
... fiat money can jeopardize the credibility of the issuing nation . Many fiat monies have collapsed to their zero- intrinsic value in the past . As the truth unfolds , all fiat currencies ultimately seem to return to their zero intrinsic ...
Page 104
... currency that has lost its value would lose all the purchasing power of the money at that point in time . The winners and losers in this fiat - money " game " are shown below in Diagram 10. In the fiat money system , basically , the issuer ...
... currency that has lost its value would lose all the purchasing power of the money at that point in time . The winners and losers in this fiat - money " game " are shown below in Diagram 10. In the fiat money system , basically , the issuer ...
Contents
Stakes in the Current Global Financial System | 3 |
SeigniorageThe Instability and Unjustness of the Fiat | 29 |
The Theft of Nations | 43 |
Copyright | |
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2002 International Conference Allah arbitrage arbitrage profits banking system basically benefit bilateral borrow cash flow cent central banks collapse complementary currencies Conference on Stable countries create money current monetary system debt default depreciate developing nations Diagram domestic transactions e-dinar economy example exports fiat currencies fiat monetary system fiat money system financial system floating rate market foreign exchange risk futures contract Gago and Sago Global Monetary System gold as money gold coins gold payment system gold price governments hedging Hence implement the gold increase interest charges interest rate international financial institutions international reserve currencies international trade intrinsic value Islamic banking Islamic Gold Dinar KLIBOR Kuala Lumpur loans Malaysia million gold dinar money created money creation money supply multilateral trade multiple deposit creation national currencies problems reserve currencies reserve requirement ringgit rupee seigniorage Singapore dollar speculation and arbitrage Sukus thereby U.S. Dollar wealth and sovereignty