Jeet hamara Muqadarr hai -Orya Maqbol Jan

janbazali

Chief Minister (5k+ posts)
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khanpanni

Minister (2k+ posts)
اوریا مقبول صاحب نے حقیت لکھی ہے۔ درہم اور دینار جاری ہونے چاہئے ۔
پاکستان میں میٹرو سوپرمارکیٹ کو ریٹیل کی اجازت ہے جبکہ انڈیا میں صرف ہول سیل کی ۔ ان سوپر مارکیٹ والوں نے یورپ امریکہ میں ہزاروں لوگوں کو بے روزگار کر دیاہے ہے کیونکہ انکے سٹور میں ہرشے ملتی ہے ۔ لوگ پلاسٹک منی،کارڈ سے پے کرتے ہیں ۔ یعنی آپ پربنک بھی کنٹرول کر رہاہے ۔
 

Wadaich

Prime Minister (20k+ posts)
May Allah (SWT) strengthen all of them who have taken this initiative. (Amen)
[MENTION=24375]AsifAmeer[/MENTION], your comments please.
 

janbazali

Chief Minister (5k+ posts)
Yaar I cant read urdu... I honestly am not as smart as you think I am... lol

It is about Umar Ibrahim Wadelu, he was a christian and then converted to Muslim. He is working for gold/silver currency worldwide, he is doing it practically as he converted one state of Malaysia to metal currency.

Orya Maqbol sb invited him to give guidelines that how can we get rid of paper currency and convert to metal currency..

Umar Ibrahim Wadelu says that paper currency is about to collapse so we all should start saving our wealth in gold or silver, and govts can not change the paper currency.

He gives a good suggestion that traders should start doing this like they mentions on their shops that "credit card accepted" similarly they should mention that "Gold silver accepted" and eventually it will develop

He also gives a standard size for gold/silver coins and it is the same as was in Hazrat Umar RA rule.

HE added that their is no other solution to current economic crisis other than shifting back to metal currency.
 

AsifAmeer

Siasat.pk - Blogger
hmm... baat to sahi hai ye sari. I see nothing wrong with it for the time being. Where you bump into problem with metal currency is when you hit growth. When growth increases rapidly and productivity starts to rise.. the acceleration in growth and productivity causes, deflation starts to pick up.

Just wrote about the same thing here..
http://www.siasat.pk/forum/showthre...ce-in-Pakistan&p=927008&viewfull=1#post927008

He is absolutely right about there will be NO INFLATION. And infact there would be some deflation. Deflation se eak aur masla hota hai.. People start to hoard money.. Like under inflation, people start to hoard goods, under deflation people start to hoard money. When people hoard money, then money is removed from economic circulation and commerce slows down.

F A Hayek suggested multiple currencies within an economy for efficiency. I have yet to absorb this concept intellectually.

Lekin about unemployment - that there will be no unemployment, Sheikh is dead wrong. Coz if there will be 0 unemployment, then there will be INFLATION in human capital... hence inflation in the economy. Not sure why Sheikh said that..

May Allah (SWT) strengthen all of them who have taken this initiative. (Amen)
@AsifAmeer, your comments please.

It is about Umar Ibrahim Wadelu, he was a christian and then converted to Muslim. He is working for gold/silver currency worldwide, he is doing it practically as he converted one state of Malaysia to metal currency.

Orya Maqbol sb invited him to give guidelines that how can we get rid of paper currency and convert to metal currency..

Umar Ibrahim Wadelu says that paper currency is about to collapse so we all should start saving our wealth in gold or silver, and govts can not change the paper currency.

He gives a good suggestion that traders should start doing this like they mentions on their shops that "credit card accepted" similarly they should mention that "Gold silver accepted" and eventually it will develop

He also gives a standard size for gold/silver coins and it is the same as was in Hazrat Umar RA rule.

HE added that their is no other solution to current economic crisis other than shifting back to metal currency.