Whistle-blower, ex-Goldman Suchs banker, has come forward and finally confirmed what most know already. International banks, especially HSBC and JP Morgan (both spawns of Rothschild), are deliberately preventing the rise of gold and silver which would force the world away from the fiat, central banking scams that rule the world today. Worse part is, guess what, the US federal reserve is fully aware and in cahoots. I know, I know, a surprise.
The Islamic system mandates the dinar and dhirham, gold and silver currency or paper currency redeemable for precious metals or commodities. There is no precedent in Islamic fiqh for paper money (falous) as having any legitimacy. There was also no concept of currency unbacked by gold and/or silver until 1931 in Britain and then in 1971 in the U.S.. For additional info see here .
As the sovereign debt crisis continues to spread (check out Ireland today) we may say the folding of the international order of today. Yet, no matter how angry Westerners get at their institutions, we see nothing but protest and rhetoric because they know no alternative paradigm. We must present the Islamic paradigm as an option and document the value of the concepts associated with Islamic Economics to them. That requires sufficient work in the area of Islamic economic policy as well. With the private central bank, fiat system we will never see justice. We implore all to learn more about the Islamic model, something we will start to initiate discourse around in coming posts. We need economic teams as well. So, if your interested on projects in Economics, please email islampolicy@gmail.com - we will start up microeconomic teams and macroeconomic teams and work on some basic articles in the near future, inshallah. Please stay tuned and post comments about what you think is most needed with regard to Islamic economic commentary as we continue to improve of quality and quantity of postings here. Jazakallah Khairan!
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