Selasa, 10 Februari 2009

The theft of nations: returning to gold

Last weekend, due to the connection's inability of network at home, i was reading this book written by Assoc. Prof Ahamed Kameel Mydin Meera from IIUM. Even though, it was published 5 years ago, only last week, i have the opportunity to finished up the contents within 3 days. Overall, i found it is a good book for denarist and public who wanted to know specifically about the operation of current financial system and how's the wealth of developing nations has been stolen by foreign banks. At the same time the approach of the book is not too technical or mathematical approached that makes public difficult to understand. It's suited for all and just need a basic knowledge in economics such as fractional reserves system. Roughly, the contents are not so different of what he had written before in his book titled 'Islamic Gold Dinar', also published by Pelanduk Publication in 2002. This book is focused deeply on the current fiat monetary system and how the gold dinar can be implemented in a practical way in international and domestic trade and transaction. It is also added up some extra info about gold and asserted with several appendixes which is not found in his first book (Islamic Gold Dinar)

Here i quoted few words from the summary of the book that written at the back page of the book.
"This book is a critique of the the iterest-based fiat monetary system. It highlights the many shortcomings inherent in it, with regard to stability and justice. It reasons why the system is unsustainable, yet an easy tool for economic colonialism that had promoted the "theft" of individual nations by global power structure. As for solutions to the global monetary problem. two major movements seem to be taking place. One calls for the establishment of global central bank with a singleworld currency, while the other, fot the return to real money systems (as opposed to fiat money systems) like gold, commodity monies, complementary currencies etc."

Thus, i would like to recommend this book to all who get interested on this and feel concern about what is tragically happening nowadays in our economy. To UiTM students especially who now studying ISB 544 and ISB662 (Islamic Economic and Globalization) should read this book!

3 ulasan:

Hasbullah Pit berkata...

Hari tu lupa nak beritau.

Aku ada DVD Gold Rush 21 yg GATA buat.
Kalau ko nak pinjam & tengok, bagitau lah.

Dziauddin berkata...

Cantik tu. No. ni 019669**** no kau ke? Hari tu lupa nak save. Aku agak2 je ni.

Hasbullah Pit berkata...

haah betul

**** tu tahun aku lahir.


anyway aku dpt berita best.

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hahaha