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papercurrencybackedbynothingand itsvalue isdeterminedbyfloatingexchangerates. If itsbackedstrictlybygold

then it isnotpossible todoFRB simplybecauseaphysicalgold coin cannotbepassedon tomany in formof loan

enablingthemtouseitsimultaneously!

FromPapertoBitsIn reality,Paper currency isahoax (payorders,bonds, chequesandother receipts included)anddigitalcurrency (debt/creditcards)are

evenbiggerhoax,asitwassupposedtobebackedbygoldbutitsnot.

The reason paper currency superseded gold and silver was that it

couldbeproducedeffortlesslyandmultipliedmanytimesoverinform

ofdebtbypassing it through theFRBsystem.Thedigitalcurrency in

form of credit and debit cards has even eliminated minor

repercussionswhichpapercurrencyhad,likeprintinganddistribution,

asnowitsevenmoreeasiertogenerateandmultiplyitindigitalform,

thanksto

the

latest

information

technology.

The result is constantdepreciation of currencys value as itmultiplieswith time, in the formofdebt,when passes

throughtheFRBsystemofbanking(thesugarcoatedtermforthisphenomenon ineconomics istheMoneyMultiplie

Effect).Today3%ofBritainmoneysupply iscontrolledbygovernmentwhereas97% iscontrolledbybanks informof

debt3,evenworstisthecaseinUSA.Theresultisstaggeringinflationanddevaluation/debasementofpapercurrency

andthehardesthitarethepoorastheirsavingsdisintegratewiththerateof inflationcasedbyexcessmoneysupply

henceforth theyhave toputadditionalbackbreakingeffortjust tomaintain it.From Islamic standpoint,Ahadithand

Quranicverses,describing theeconomicruling,arebasedonDharamandDinnars,whichhasalwaysbeen in formo

goldandsilver.Bytheway1400yearsagoachickenpricetagwas1dinnarandtodayitsstill1dharami.e.3gramso

silvermeans

zero

inflation

in

terms

of

silver

currency

4

.

Paper currency isapivotalelementofDebt / Interestbasedeconomicenvironmentwhichenablesworldpowers to

accomplishtheiragendaofEconomicdominationandslavery(fordetailsofthisagendareadthebookbyConfessiono

anEconomicHitmanbyJohnPerkinswhoworkedatIMF),asitallowsthebankstocontrol,issueanddevaluethemoney

supply.

Devaluation of currency is practiced to keep countries under their economic rule. You must have noticed the

devaluationofRupee inthepastandmoresignificantly inrecenttimes.TheWorldBankoccasionallypushesPakistan

governmenttodevaluethecurrency(sourceDawnnewspaper)simplybecauseitincreasestheamountofdebtindollars

andtheinterestonthatdebt(previouslytopayback1dollar,wehadtoearnRs.60,nowwehavetoearnRs.70)asa

resultPakistan

has

to

pay

more

out

of

its

savings

for

an

even

longer

period

of

time.

TheGoldStandardof2.5%Weallknowthatthecurrencyused1400yearsbackwasDharamandDinnar,whichwereinfactgoldandsilvercoins

HenceforthZakatwasimpliedonindividualswhosesavingsweremorethanaspecificamounti.e.85gramsofgold,595

gramssilveror653kilogramsofcertaingrains.MinimumlimitofZakatwas2.5%ofthesavingindharam/dinarorothe

tradinggoodsand5~10%ongrains instockexceeding theminimum limit.Thisextractedamountofsavingsgoesto

3UK Money Supply Has Tripled Since 1997: www.dailyreckoning.com.au/ukmoneysupply/2007/10/09/, also see

www.prosperityuk.com/prosperity/prosperity.html4

www.goldprice.org/buying

gold/2006/02/islamic

gold

coins.html

"The dollar is America's greatest success

story, because each one costs less than a

pennytoproduceandyet,issoldthroughout

the world for $1 apiece. What American

export can match that?"Jim Grant, Grant's

InterestRateObserver,NYCConference

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pooranddeservingpeopleofthesociety.Todaywecalculateandpayintermsofpapercurrency.Ifthepoorguyspends

itimmediatelythenhehasnothingtolose.However,ifhekeptitforsaving,papercurrencydisintegrateswiththerate

ofinflation.

Pleasenote thatZakatcannotbepaidondebt! Itspaidon theRealWealth if itexceeds then limitsdefinedabove

Consideringan

economy

such

as

of

UK

as

example,

where

97%

of

all

the

money

supply

is

in

the

form

of

debt

created

by

fractionalreservesystemsofcommercialbanking,assumingthemassesareallMuslimandwantstopayZakatonthei

monetaryreservesthentheywillbeonlyabletopay2.5%ofthe3%ofrealmoneycirculating intheeconomy.Simila

wouldbethecase inUnitedStatesoranyotherdevelopedcountrywithsimilareconomicscenario.Thissimplymeans

thataMuslimeconomyifgetsmoreandmoredependentontheinterest/debtbasedfractionalreservebankingsystem

then themasseswillbecome increasinglyhandicapped topayZakat.Furthermore,wheneverapersonasks for some

debt from thebank, thebank in returnaskshim topledgewhatever realwealthhehas so thatbank can secure its

investment in case thecreditorgetsbankrupt.Thuspledging furtherdisables the creditor toextractaportionofhis

savingstohelpthepoorofthesociety.LittlesurprisewhenwesayRichsaregettingricherandpooraregettingpoorer

intodaysdebtreddenedsocalleddevelopedcountries

On the other side, It's estimated that the amount of gold mined

throughouthistoryisabout140,000tons.At$1,000perounce,thisis

worthabout$4trillion.IfthewholeworldpaysZakatonthatamount

(2.5%),theresultwouldbe$100billionannually.Wheatproductionis

expected to reach 645million tons in the 2008/2009 season. If the

wholeworldpaysZakat on that amount (5%forwheat), the result

wouldtotalmorethan32milliontonsforthisyear.Riceproductionis

421million tonsfor the2007/2008 season. If thewholeworldpays

Zakat on that amount, the resultwould totalmore than 21million

tons

for

this

year

5

.

This amount ismany timesmore than needed to raise all the poor

(more than half of the world population) to their feet!!! But the

prevailing situation is in fact entirely opposite simply because

economiesarebeingdrivenbyinterest/debtbasedFRBsystemwhich

areextractingalltheremnantsofRealwealth fromnockandcorners

oftheirrespectivesocieties,inexchangeofdebt,makingonlytherich

evenricherandthepoortodiewithhunger;25millionperyeartobe

exact6!!!

TheAlternateKeep inviewtheabovestatedpointsitsbecomesblatantlyclearthat ifwewanttoraisethestandardsof livingofthe

halfof theworldspopulation livingbelow thepoverty line thenwe reallyneed to get ridof interest /debtbased

economicsystemoperatingthroughFRB.The firstandmostconvenientstepwouldbe togetridofpaperanddigita

currencyandreplaceitwithGoldandsilver,simplybecauseitsnotpossibletoissue,controlanddevalueitasdonewith

existingformsofcurrency.

5http://en.wikipedia.org/wiki/Zakat6

25

million

die

of

hunger

ayear:

UN.

Source:

www.cbc.ca/news/story/2003/11/25/hunger031125.html

"Bankingwas conceived in iniquityandwas

borninsin.TheBankersowntheEarth.Take

it away from them, but leave them the

power tocreatedeposits,andwith the flick

of thepen theywill createenoughdeposits

tobuy itbackagain.However, take itaway

from them, and all the great fortunes like

mine will disappear, and they ought to

disappear,for

this

would

be

ahappier

and

better world to live in. But if you wish to

remain the slaves of Bankers and pay the

costofyourownslavery, let them continue

to create deposits." Sir Josiah Stamp,

PresidentoftheBankofEnglandinthe1920's,

thesecondrichestmaninBritain

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Asitisclearthatthepoorinthesocietyaregettingpoorerwitharate

currencyisbeingdevaluedwhichisinfacttherateofinflation,thusas

Muslimsour firstpriority shouldbe to save thepoor class from the

clawsofprevailingevilsoftheeconomicengine.

TheZakat

paid

by

Pakistanis

is

60

~70

billions

of

rupees.

If

this

is

paid

informofGoldandsilver,willbringfollowingadvantages

1. PoorclasswillbeabletodeveloptheirmonetaryreservesinformofGoldand Silver,which they areunable todevelop

duetotheirnegligibleincome.Asweknowthatthepriceof

GoldandSilverhasbeen increasingwithtime,thusthiswill

profitpoorclassinmonetaryterms.

2. If thismuchgoldandsilver is injectedatthebottomof thesociety, itwillencouragetheuseofgoldandsilverasaunit

of exchange. Hence, the circulation of gold and silver will

begin in the society,which is a pivotal element of Islamic

Economicsystem.Asyoumightknowthat insomecitiesof

upperPunjabdollarandpoundsareused simplybecausea

memberofeachfamilyisabroadandsendbackhissavingsin

formofdollarsthusmakingitamediumofexchangeforthe

wholecity.InMalaysiauseofGoldasamediumofexchange

hasalreadystarted,soitreallyhappensifpeopleinitiateit.

3. Thiswillbeamove inthedirectiontomakeGoldandSilversupersedepapercurrency,thiswillbethestrongestblowto

the

interest/debt

based

economic

system,

as

it

will

disable

them to dominate and exploit countries that they do through fractional reserve / interest / debt based

banking.Fractional reservewillnotbepossible inpresenceofgoldcurrency thus theiragendaofeconomic

dominationwillbedeterredeffectivelyastheywillnotbeabletocontrolandmanipulatethemoneysupplyas

theydowithpapercurrency.

Translatedfromthe"AlFathAl'AliAlMaliki"page.164165"ThisFatwaconsiderspapermoneytobefulus(lowe

categoryofcurrencywithlimitedused),becauseitonlyrepresentsmoneyanddoesnothavevalueasmerchandise

ItfollowsthatsinceZakatcannotbepaid infulus,whichhasnovalueasmerchandise, itcannotbepaid inpaper

money,whichvalueasweightofpaperisnull.Onthisbasis,itbecomescleartheurgentneedtorestoretheuseof

theDinarandtheDirhamaspaymentofZakat.IfthemillionsofMuslimswhonowmaketheirpaymentofZakatin

papermoney

would

do

it

in

newly

minted

Dinars

and

Dirham's,

they

will

put

in

circulation

millions

of

gold

and

silver

coins intothemainstreamofdailycommercialactivitiesofourcommunities.Thatsingleactwillbecamethemos

importantpolitical act of the century, opening thepath towards the establishment our own halalfree currency

breaking awayfrom the usuriousfinancial system. The return to thepayment ofZakat in gold and silver is an

essentialpartofthereestablishmentofIslam."

"Iamhoweverstartingtothinkthattheplan

for the GoldDinar and support from other

Islamicnationsisaplannedoffensiveagainst

theuseofthedollarasasettlementcurrency

foroil.

It

is

perceived,

and

correctly

so,

that

theIslamicworldiscontrolledviatheuseof

the US dollar as the main settlement

currency. When I say "controlled" I mean

whatever happens economically in theUSA

isexported therevia thedollar ...Whatwe

are hearing now is that theGoldDinarwill

beusedasa"measure"settledquarterly in

gold on an Islamic intra nation basis, but

that could change quickly. A review of the

trade balances of Malaysia and its intra

Islamic trade partners indicates that if the

GoldDinar

is

employed

as

now

suggested,

it

would tie up approximately 200 tonnes of

gold production equal to 10%of newmine

supply. If Malaysia went all the way and

wenttoconvertibilitywitha15%goldcover,

theywouldutilizemore than300 tonnesof

new production. Either way, this is the

WildestofWild Cards forGold." THEGOLD

DINAR:ANUCLEARWILDCARD JimSinclair,

TanrangeOctober28,2002