The Theft of Nations: Returning to Gold |
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Page 147
... rupee . The forward contract is a legal agreement and , therefore , constitutes obligations on both sides . The ... rupee in the future , irrespective of what happens to the spot rupee exchange rate . If the rupee were to actually ...
... rupee . The forward contract is a legal agreement and , therefore , constitutes obligations on both sides . The ... rupee in the future , irrespective of what happens to the spot rupee exchange rate . If the rupee were to actually ...
Page 148
... rupee futures to hedge against a rupee depreciation . Let's assume accordingly that ABC sold rupee futures at the rate RM0.10 per rupee . Hence the size of the contract is RM1,000,000 . Now assume that the rupee depreciates to RM0.07 ...
... rupee futures to hedge against a rupee depreciation . Let's assume accordingly that ABC sold rupee futures at the rate RM0.10 per rupee . Hence the size of the contract is RM1,000,000 . Now assume that the rupee depreciates to RM0.07 ...
Page 153
... rupee call option for RM0.01 . This means that the trader has the right to buy rupees for RM0.10 per rupee at anytime until the contract expires in September . The trader pays a premium of RM0.01 for this right . The RM0.10 is called ...
... rupee call option for RM0.01 . This means that the trader has the right to buy rupees for RM0.10 per rupee at anytime until the contract expires in September . The trader pays a premium of RM0.01 for this right . The RM0.10 is called ...
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