The Theft of Nations: Returning to Gold |
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Page 33
... reserve banking system were firmly rooted , including even in the Muslim ... requirement set at 10 per cent . Now assume that the farmer sells his rice ... reserve requirement is the proportion of deposits the bank must hold as reserves ...
... reserve banking system were firmly rooted , including even in the Muslim ... requirement set at 10 per cent . Now assume that the farmer sells his rice ... reserve requirement is the proportion of deposits the bank must hold as reserves ...
Page 69
... reserve requirement and interest are at the root of the instability and unjustness of the fiat monetary system . The opposites of those three characteristics are of course : real money , 100 per cent reserve requirement and a negative ...
... reserve requirement and interest are at the root of the instability and unjustness of the fiat monetary system . The opposites of those three characteristics are of course : real money , 100 per cent reserve requirement and a negative ...
Page 130
... reserve requirement ( SRR ) ratio of 10 per cent ; and that the SRR is the only policy variable used for affecting the money creation process.2 The reserve requirement is the proportion of deposits which the banking sector must keep as ...
... reserve requirement ( SRR ) ratio of 10 per cent ; and that the SRR is the only policy variable used for affecting the money creation process.2 The reserve requirement is the proportion of deposits which the banking sector must keep as ...
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