Tags » Monetary System

The Reappropriation of Our Economic System

“It is not communism that expropriates the peasant’s field, or the merchant’s store, that ruins the small and medium industrialists, helpless to put up with the competition of the trusts.

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Bitcoin

Money is a mode of governance in a material world of capitalism

Money travels the modern world in disguise. It looks like a convention of human exchange – a commodity like gold or a medium like language. But its history reveals that money is a very different matter. 356 more words

Books

Positive Money

“Only a crisis – actual or perceived – produces real change” – Milton Friedman.

Except change is a word which has no prevalence in the banking world. 641 more words

On Whether Women Should Be Featured on Banknotes

Recently I saw a post on Facebook about a campaign named Women On 20s that urges to remove Andrew Jackson from the twenty-dollar bill and instead feature a female on the paper currency in hopes to promote gender equality. 928 more words

International Monetary System - New Economic Slavery

(I’m re-posting this video for educational purposes, in accordance with ‘fair use’ provisions in the copyright act; this blog is not monetized).

Modern History

The origins of the global system of credit (=Debt/Riba)

Further reading of Dr Nazeer Ahmed’s insightful history of the Islamic world, and all related developments, brought me to the following piece which touched upon the establishment of the global system of credit, which nowadays drives the global market for capitalism/trade. 940 more words

Fiat Money

The state of the world economy

Is this a new normal, or the just the pre-cursor to another major crisis? Experts haven’t been able to agree on the full impact of the massive stimulus packages, ultra low or negative rates and slowing emerging markets. 72 more words

Monetary System