Abū Bakr ibn Abi Maryam reported that he heard the
Messenger of Allah say: “A time is certainly coming over
mankind in which there will be nothing (left) that will be of
use (or benefit) save a Dinār (i.e., a gold coin) and a
Dirham (i.e., a silver coin).” [This prophecy clearly
anticipates the eventual collapse of the fraudulent monetary
system now functioning around the world.]
It is both strange and embarrassing that even at this late hour when enemies are about to weld into place the final iron gate of a financial Guantanamo, so many Muslims remain ignorant about the devilish nature of European-created money in the modern world. One has even criticised this writer for having “funny” views concerning money.
There seems to be little understanding of the role that a European-created money-system has been playing in delivering to enemies of Islam the capacity to engage in massive legalised theft of the wealth of mankind. Nor is there realization tha those enemies have designed a monetary system that would eventually deliver to them financial dictatorship over the whole world. They have already succeeded in enslaving millions of Muslims (as well as others amongst mankind) with slave wages and even destitution, while pursuing a sinister global agenda on behalf of the Euro-Jewish State of Israel. It is truly pathetic to listen to those who blame Pakistanis and Indonesians for miserable poverty in Pakistan and Indonesia.
The news media, even in countries that declare ‘Islam’ to be the State religion, is notorious for blanking out all news reports concerning this important subject. An example of such was the important ‘International Conference on the Gold Dinār Economy’ that was held at Kuala Lumpur’s Putra World Trade Center on July 24th and 25th 2007. An excellent keynote address, delivered by a former Malaysian Prime Minister, Tun Dr. Mahathir Mohamad, set the stage for two days of intensive deliberations on the subject of ‘money’. This booklet is an expanded version of our paper entitled “Explaining the Disappearance of Money with Intrinsic Value” which we presented at the conference shortly after the feature address. Readers may wish to assess the coverage of that conference in the Malaysian English-language newspapers.
What is far worse than the news blackout is that classically trained scholars of Islam (i.e., ‘Ulamā) seem to share with ordinary Muslims this strange and highly embarrassing state of ignorance, or silence, concerning the fraudulent nature of modern money. Even when they realise that there is something dangerously wrong about modern money, so many in this strange modern age lack the courage to denounce the monetary system of non-redeemable paper money as fraudulent and, hence, Harām.
Governments who rule over Muslims present the most pathetic scene of all. Neither do they understand the dangerous reality of money today, nor do they want to know the subject. The reason for this is located in the subservient role to which they must adhere as governments in their relations with the Judeo-Christian alliance that now rules the world.
The solitary exception to this dismal state of affairs has been the former Prime Minister of Malaysia, Dr. Mahathir Mohamad. He not only understood the exploitative nature of the monetary system created by modern western civilization, but also, and quite correctly so, did what scarcely any of the Muftis of Islam have so far done, or dare to do. He called for the return to the Gold Dinār as money, in place of the money system built around the utterly fraudulent US dollar, so that Muslims could extricate themselves from financial and economic oppression and exploitation.
We offer this essay on the ‘future of money’ for the benefit of those who believe in the Qur’ān as the revealed word of the One God, and in Muhammad (peace and blessings of Allah Most High be upon him) as the last of His Prophets. We are conscious of the fact that we must not only explain this subject adequately but that we must also pray that Allah Most Kind may intervene and remove the veils from so many eyes. Only then would they recognise the looming final stage of a fraudulent monetary system designed to impose complete financial slavery upon mankind. The system is designed to target in particular those who resist the mysterious Judeo-Christian alliance that now rules the world.
The final stage of evolution in their monetary system would witness the universal embrace of electronic money, the brightest jewel of their evil monetary crown, which would totally replace today’s fraudulent paper currencies. Indeed this final stage has already commenced, and all that the international monetary bandits now need is a world crisis (such as a nuclear attack on Iran which has not as yet occurred but which is expected at any time) that would result in a total collapse of the US dollar and a consequent mass stampede away from paper currencies.
Already the impending collapse of the US dollar is reflected in the rising price of gold – now close to the record of US$850 an ounce set in January 1980. The world can expect to see the price of gold escalate to US$3000 or more per ounce. The same thing would happen to the price of oil. Perhaps the psychological shock of the collapse of the US dollar would produce the stampede through which electronic money would effortlessly replace paper money as the new cashless money system of the world.
We attempt in this essay to introduce the reader to the subject of money as located in both the blessed Qur’ān and the Sunnah of the blessed Prophet (sallalahu ‘alaihi wa sallam). We demonstrate that such money (which we call Sunnah money always possessed intrinsic value. By that, we mean that the value of the money, whatever that value might be, and regardless of changes in value that might naturally occur, was stored within the money, and was thus immune to arbitrary external manipulation and devaluation.
We further demonstrate that the monetary system created by the ruling European Judeo-Christian alliance was specifically designed to remove ‘money with intrinsic value’ from the money-system of the world, and to replace it with money that had no intrinsic value. Such non-redeemable paper currencies could then be devalued. When they were devalued not only would it result in an unjust legalised theft of the wealth of those who used the devalued currency but additionally, it would become more and more expensive for such countries to repay loans which were taken on interest. Eventually these countries would be trapped with debts they could never repay, and would thus be at the mercy of those whose suspiciously large loans to them were meant to deliver precisely such control over them. (See John Perkins, ‘Confessions of an Economic Hit-Man’).
As money was devalued, the cost of property, labour, goods and services in the territories of the devalued currencies would become cheaper and cheaper for those who created the monetary system. Eventually one part of the world could live very comfortably while the rest of the world, with their constantly devalued money, sweated and laboured in a new slavery to keep the bandits permanently rich and with permanent first class tickets on the ship of life. As poverty increased in the targeted countries, corruption naturally also increased. Those who had the intellectual acumen of cattle would then wonder loudly: why do Muslim countries suffer from so much corruption while the West (which had looted their wealth and was living off their sweat) was so free from corruption.
Then when the IMF forced privatization upon those whose money had lost value, the bandits could then buy out oil and gas fields, power-supply companies, telephone companies, etc., in such countries for a song and six-pence, i.e., for a price far less than their true value. It remains an enigma that Venezuela’s Hugo Chavez could understand the exploitative role of the IMF and could terminate Venezuela’s membership in that organization, while the scholars of Islam remain amazingly silent on the subject.
This essay goes on to explain that the enemies are not content with simply living off the sweat of others through exploiting to their advantage a monetary system that is unjust and oppressive. Rather they have a grand design to so financially enslave the masses as to permit them to impose their dictatorship over the whole world. Their dictatorship would, in turn, pave the way for the Euro-Jewish State of Israel to become the ruling state in the world and, eventually, for a ruler of Israel to startle the world with the utterly fraudulent claim that he is the true Messiah. In fact, he would be Dajjāl the false Messiah or Anti-Christ! We are now so close to that event that this writer confidently predicts that children now at school would live to see it
Unless one has an understanding of the grand design behind the creation of the contemporary monetary system of non-redeemable paper money, one cannot respond properly to the challenge posed by that monetary system. Yet this writer has tried in vain to convince his distinguished and learned peers of the need to understand that grand design before embarking on an effort to restore the Gold Dinār as money.
Source: THE GOLD DINĀR AND SILVER DIRHAM: ISLAM AND THE FUTURE OF MONEY by Imrān N. Hosein