The Theft of Nations: Returning to Gold |
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Page 8
... increase in the money supply M , without a corresponding increase in real output of goods and services Y , the price levels , i.e. P thus tend to increase ( the velocity of circulation , V , is assumed unchanged and constant ) . 5 The ...
... increase in the money supply M , without a corresponding increase in real output of goods and services Y , the price levels , i.e. P thus tend to increase ( the velocity of circulation , V , is assumed unchanged and constant ) . 5 The ...
Page 12
... increases through multiple deposit creation , M increases . If there were no corresponding increase in the real output of goods and services , i.e. Y , the price level P would rise assuming the velocity of circulation , i.e. the V ...
... increases through multiple deposit creation , M increases . If there were no corresponding increase in the real output of goods and services , i.e. Y , the price level P would rise assuming the velocity of circulation , i.e. the V ...
Page 27
... increasing money supply , prices of homes are bound to increase at a high rate , faster than the increase in income for most people . This also causes the average duration for housing loans to gradually increase . 8. The creation of ...
... increasing money supply , prices of homes are bound to increase at a high rate , faster than the increase in income for most people . This also causes the average duration for housing loans to gradually increase . 8. The creation of ...
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