INTRODUCTION
Abu 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 Dinar (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.]
(Musnad, Ahmad)
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 criticized 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 legalized theft of the wealth of mankind. Nor is there
realization that 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 Dinar 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., ‘Ulama) 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, Haram.
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 Dinar 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’an 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’an 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 Dajjal 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 (See ‘Jerusalem in the Qur’an’ and the second chapter of ‘Surah
al-Kahf and the Modern Age’ available for free download on the website:
www.imranhosein.org).
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 Dinar as money.
to be continued ....
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