Economic Crises - A Real Fear Factor

The good money exposes the bad money. Economics is a science that deals with the analysis of production, distribution and consumption of goods and services. Broadly it can be divided into two categories, Micro-economics and Macro-economics. Micro-economics examines the behavior of basic elements in the economy such as individual agents; buyers, sellers, markets and their interactions. Macro-economic on the other hand deals with the entire economy and issues affecting it. Here however in this article I will attempt to unfold the reality of global macro-economic and how it can effect from an individual to organizations and even to the global arena of entire world. To make you understand of todays economics I have to take you back from where it all started. In early years of the civilization the currency used was gold silver coins and consumable goods of the local market. The process of legalization of theft in the international monetary system started from somewhere around 1933 and so it is very important to mention few strange events that occur in that period. Firstly the US Government prohibited American residents from keeping the gold coins and gold certificates. The British government also demonetized gold coins in the same year and hence began the period of time where the value of money is no longer in the money. At that time US government assigned a numerical value $20 for every one ounce of gold. Then the US government simply printed tons of dollars and the value of paper money was devalued by 41%. The British pound was devalued by 30% and this gradually increased to 40% by 1934. France then followed with a devaluation of the French Franc by 30%, the Italian Lira was devalued by 41%, and the Swiss Franc by 30%. The same thing subsequently happened in most European countries. Only Greece went beyond the rest of Europe to devalue its currency by a whopping 59%. In mid-20th century a paper currency international monetary system was established at Bretton Woods, known as the Bretton Woods agreement. Bretton Woods Agreement was made to hide the fact that paper could now be printed and used as money without any requirement that it be redeemable in the market in real money, i.e., money with intrinsic value. The Bretton Woods Agreement paved the way for the International Monetary Fund to be established in 1944 with the explicit function of maintaining an international monetary system of precisely such nonredeemable paper currencies. In simple words todays international monetary system allows humans to control the value of money. The evil plan behind the whole system was also to get Western currencies to constantly increase in value in relation to other currencies. That was achieved through the simple device forcing devaluation of targeted currencies. As such currencies were devalued; it resulted in a massive transfer of wealth from the masses to the elite. It also forced labor into working for slave wages, and it imprisoned those who took hard currency loans from an ever-willing IMF and from European commercial banks and now found

themselves in ever-increasing difficulty to repay those loans with interest. In fact, the entire monetary system with its IMF centerpiece was specifically designed to achieve such results. Targeted countries were trapped with huge loans, were continuously drained of their wealth, and were impoverished as they struggled to repay loans with money that constantly lost value. It did not happen by accident. My conclusion; this monetary system is based on fraud and deception and there will be a time when this system will fall and along with that the whole global economics system will fall. In the words of the hadith: Ab 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 Dinr (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)