The Theft of Nations: Returning to Gold |
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Page 85
... Trade Malaysia DOMESTIC TRANSACTIONS External World EXTERNAL TRADE The gold dinar may be implemented in two areas : ( 1 ) In external trade for settling trade balances between countries and ( 2 ) For use in domestic transactions , i.e. ...
... Trade Malaysia DOMESTIC TRANSACTIONS External World EXTERNAL TRADE The gold dinar may be implemented in two areas : ( 1 ) In external trade for settling trade balances between countries and ( 2 ) For use in domestic transactions , i.e. ...
Page 94
... trade ? The answer is that in most cases gold would only play the role of a unit of account . Only the net balances remaining in the matrix of trade need to be settled in gold . David Ricardo , the famous 19th century economist , wrote ...
... trade ? The answer is that in most cases gold would only play the role of a unit of account . Only the net balances remaining in the matrix of trade need to be settled in gold . David Ricardo , the famous 19th century economist , wrote ...
Page 98
... trade balances and loans in terms of gold . This is very important . The gold payment system must be made applicable only for new wealth creation , i.e. new production , new trade , etc. It should not be applicable for past economic ...
... trade balances and loans in terms of gold . This is very important . The gold payment system must be made applicable only for new wealth creation , i.e. new production , new trade , etc. It should not be applicable for past economic ...
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