karachiwala
Prime Minister (20k+ posts)
I suggest people to refrain from listening to this idiot. His is a psycho and should be locked up in to room and they should pictures of all type of guns in the room to keep him happy.
Zero inflation in 1400
- Thread starter rtabasum2
- Start date
I say let him speak as much he possibly can. That way we do not have to convince people that he is self-absorbed, self-centered psychopath! And those who still believe him, why should we feel sorry for them?
Unicorn
Banned
So ur telling me that there has been no productivity gains in the last 1400 years?
Gold and silver became a very deflationary currencies after the Industrial revolution when costs collapsed due to automation.
Also, do you guys know the western history of Gold and silver coins? They were issued by monarchs. Gold was never considered 'the money of the people' but the money of the kings. People in general used credit. For more details you can read the book mentioned below
I can honestly say that Gold and especially silver are the most infected metals out there. It has to do with Cash settlements in the futures markets. I am not against gold or silver. i am just sharing that every approach has its own complications. I am against HOPIUM.
The book I mentioned earlier
Very well said
Exiled-Pakistani
Minister (2k+ posts)
A currency (gold and silver) that was used 15 centuries ago does not make it Islamic. grow up people, for godsake,
Unicorn
Banned
I bet this too is "islamic"
:lol::lol: How are you going to break to them that Muslims started to mint their coins in early 8th century by writing Arabic on these coins from Greece and Persia? tough job but someones got to do it, however they did use these coins in the 6th and 7th centuries even though they were Un-Islamic.
My point was that there isnt anything "islamic" about Gold or Silver. Even Sheikh Umar Vadillo said that. Thing is Gold/Silver is apolitical. If a Govt spends more than it collects, it goes broke. Gold doesnt matter if the Govt runs Zimbabwe or the United States. But here, Gold prices are fed from the NYMEX in NY or COMEX in Chicago. Like I mentioned earlier, these prices are rigged down to the core. So when anyone says gold coins are Islamic, I can only look up and shake my head.
I honestly believe that we Muslims have produced too many offsprings and have failed to give them any sort of wisdom or character or principles. Many producing like rabbit, actually does produce rabbits too. I am so glad I was not born in a Muslim family and discovered Islam out of curiosity.
I honestly believe that we Muslims have produced too many offsprings and have failed to give them any sort of wisdom or character or principles. Many producing like rabbit, actually does produce rabbits too. I am so glad I was not born in a Muslim family and discovered Islam out of curiosity.
Unicorn
Banned
It seems like Quality education, entrepreneurship, Industrial innovation is very low on the priority all these will take care automatically once Dinars and Durhams are minted and become official legal tender.
