جب بھی کسی تحریر تصویر یا پوسٹ کو لائک ڈسلائک کیا جاتا ھے تو وہ صرف اور صرف پیش کردہ مواد کے متعلق دی گئی خبر کے متعلق اظہار پسند و نا پسند ھوتا ھے نیز یہ کہ اس کا قطعاء یہ مطلب نہیں کہ لکھاری یا شائع کرنے والے کی ذات کو برا یا بھلا سمجھا جائے صحت مند سیاسی ماحول کے لئے احترام کے ساتھ متضاد آرا کے برداشت کے پہلو کو ضرور مد نظر رکھا جاۓ ۔
Perhaps we have mistook the analogy. It is almost impossible to manipulate the currency and enslave the people if it has worth in itself. It is paper currency vs real currency since time immemorial (Silver/Gold/land/commodity). Paper currency doesn't have any value in itself...it is just a piece of paper subject to acceptance of some nation or country. While on the other hand the currency which has its worth in itself hasn't any problem like this. For example if have one gram of gold or silver and want to buy something from somebody.....he/she won't even bother to look at the stamp of the country or government on it..... so to say not even bother to care whether or not it is shaped as coin or a shaggy shaped piece....it shall just work.
Result: You get out of the slavery of the few who have monopoly over issuing currency and defining their value. In short U cannot strangle the poor by "creating money out of thin air" . This is this paper currency through which human are subjected to slavery of few..... .....The Banker Families the real hand behind the wars.
I have no argument with the first paragraph of your reply but I would like to elaborate on it. Your second paragraph is irrelevant.
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Uni hold on..... ...... let Mr. ABC request you to please sell your home and bike to him. Assume that you ask 500,000$ for home and 3000$ for bike. He asks U to just wait.......disappears for few minutes, prints the figure 500,000$ and 3,000$ on a paper and returns to put two pieces of paper on your palm, and asks you to hand him over the house and bike. Would U accept the deal? If U resist, you shall be bullied to submission because he has self assigned money printing rights. What shall be your feeling on being robbed in the daylight just because he is a bully? In this case money is not backed by Gold or Silver.
In case you demand certain amount of gold/silver or gold/silver backed currency, then U cannot be deceived.
I have no argument with the first paragraph of your reply but I would like to elaborate on it. Your second paragraph is irrelevant.
Paper currency that you see today is the result of evolution. When gold currency was used most of the finical transaction were conducted as a result of barter but people will save some part in saving as gold. At times a farmer would need five blankets and he had a horse available in this case a barter may not be a good option for him because he really does not want to end up with five blankets and a goat(in change) when he did not need a Goat or anything ells. This the time he used his gold for trading enough gold so he ends up with 5 Blankets that he needs.
Another problem with gold/silver coins was CHEATING, since the value of gold is based on level of purity and weigh the cheaters would exploit these, where the the trader with end up with lesser gold than he bargained for. Another problem with savings was people used to bury their gold so it does not get stolen now suddenly grandfather had a stroke or heart attack and now no one know where the gold is buried.
Bank of Wadicah came into the picture with its first branch in Lahore, to solve some of the problems it offered people its services to take the gold from people and give them a promissory note to pay back on demand. People were slow to accept this as the traders started to accept these notes from the public in Lahore market place it gained momentum. The traders were able to go the Bank of Wadaich with their notes and cash them for good real gold any time they wanted. Now Bank of Wadaich opened up another branch in Multan and Wadaich promissory notes were accepted and used for trade there. Than the state bank Of Pakistan opened up and standardized the paper notes where Bank of Wadaich and Bank of Unicorn would use same notes guaranteed by state Bank of Pakistan. Since then there is 300 years of evolution. The problem today is not the system but the irresponsible governments who maintain the system.
Now addressing your second paragraph: those people who live hand to mouth it makes not difference to them what currency they use. But if you are an individual who have the ability to save, after expenses, it does matter weather your savings holds value or not. So use your saving to buy gold problem solved. Those who live hand to mouth and can't save it does not matter to them weather the paper currency looses or gains value, if it looses the employer pays them more if it gains he pays them less.
The problem is Riba rest everything is an eyeswash, until riba is there, more people will be exploited by few and world will evolve to more wars in future
The harm is lender is earning without doing any work, have u ever considered why they are known as loan sharkers why not a more subtle term for them. What was in former USSR, the communist era, was it interest free banking, they did get paid in coupons, I don't know how they managed banking for ordinary people, any ideas?????????Riba is not a problem the problem is exploitation.
Lets see you have just passed your test and got your mechanic's license you need $40,000 so that you can buy your tools and repair vehicles paying $4000 in earnings per month. I have saved up $40,000 in savings and offered to lease it to you at the rate of 6% Riba the cost of Riba $2400 a year. If my offer is the best for you in the marketplace you tell me where is the harm.
The harm is lender is earning without doing any work, have u ever considered why they are known as loan sharkers why not a more subtle term for them. What was in former USSR, the communist era, was it interest free banking, they did get paid in coupons, I don't know how they managed banking for ordinary people, any ideas?????????
Loan Sharks are not considered lenders. Loan Sharks does not work with in the framework of law. Loan Sharks will take off your limbs if the money is not returned to them. People who go to loan sharks only go there because banks don't consider them worthy risk.
Don't tell me that I have not worked hard to save $40,000. I have. If I was to buy a truck with $40,000 and rent it out for one year for money that would be fine with you but I still have not done any work after I given the truck either.
It is a never ending debate, UNI keep ur truck and enjoy
Correct me if I am wrong I believe that you are talking about legal tender when when you are talking about 500,000 and 300,000. Here is my answer based on that.
Firstly I can refuse the request by ABC.
If I feel the need to sell those items or a good offer has been made I can assume that I like the offer of 503,000 in legal tender. Now you must realize that Rs?? is always tied the the price of gold ie 25000 paper currency for 1 ounce gold. I would have no problem in accepting the paper currency(legal tender). I can always take the paper currency and exchange it for gold @25000=1 ounce of gold. At the end to transaction there is no harm.
Even today there is nothing that stops me from asking the same amount in gold from the same buyer all the buyer would do is exchange 503,000 paper for gold and pay me. Neither party is bulling.
Ok.....................go to Fed, put $ note there and ask for the gold.
Ok. .. ... .... follow the procedures and get gold from Fed. Now U won't tell me that $ is not gold backed.That would not work. you can't walk into treasury and place your money and expect gold. You go to your bank with the money put it there. They will order the gold for you and you pick it up a week latter that is how it works in Canada, US and most of the Western world.
Ok. .. ... .... follow the procedures and get gold from Fed. Now U won't tell me that $ is not gold backed.
Thank U for educating.You are correct dollar is not backed by gold it floats, but it does not have to be backed by gold you can see every day in the news paper or on the internet the value of gold against value of dollar and exchange at will. There are good economic reasons to keep the currency on float. It is only recently, I believe during Nixon administration, I could be little off, they moved away from gold standard in US.
You are correct dollar is not backed by gold it floats, but it does not have to be backed by gold you can see every day in the news paper or on the internet the value of gold against value of dollar and exchange at will. There are good economic reasons to keep the currency on float. It is only recently, I believe during Nixon administration, I could be little off, they moved away from gold standard in US.
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