The Theft of Nations: Returning to Gold |
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Page 4
... effects on the economy , while fiat money and fractional reserve banking allow the creation of bank money or credit money . This book argues that these features are detrimental , particularly to the developing nations from the current ...
... effects on the economy , while fiat money and fractional reserve banking allow the creation of bank money or credit money . This book argues that these features are detrimental , particularly to the developing nations from the current ...
Page 10
... effects of interest on the economy . Interest and Its Effects on the Economy Interest is a prominent feature of the current global monetary system . Currently , it plays a marked role in all societies , including those that apparently ...
... effects of interest on the economy . Interest and Its Effects on the Economy Interest is a prominent feature of the current global monetary system . Currently , it plays a marked role in all societies , including those that apparently ...
Page 107
... effects can be expected to be very much reduced . Along with this , problems like inflation and unemployment can be minimized too . During a recession money gets destroyed and that translates into business slowdowns , unemployment , etc ...
... effects can be expected to be very much reduced . Along with this , problems like inflation and unemployment can be minimized too . During a recession money gets destroyed and that translates into business slowdowns , unemployment , etc ...
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