Author

Topic: Fiat&Debt vs Islam (Read 1034 times)

legendary
Activity: 1680
Merit: 1035
March 11, 2012, 06:02:49 PM
#7
Maybe the places being invaded are being invaded due to their natural resources, and them having wealth due to natural resources, as opposed to using brains and coming up with innovative ideas, makes it easy for them to get away with lack of fiat&debt?
If you were to look at the various Middle Eastern countries, those without natural resources to live off of are generally more accepting, innovative, capitalistic, and have stronger economic structures (Dubai, Israel, etc), and those with vast natural resources are much more totalitarian, religious, and socialistic, with their economy entirely dependent on those resources (Iran, Saudi Arabia, where majority of youth goes to get useless degrees in theology, and where the economy would collapse catastrophically if the oil runs out)
legendary
Activity: 1218
Merit: 1001
March 11, 2012, 05:55:28 PM
#6
It's not the financial system that's the problem, it's religious fundamentalism. Just because a religion can have some good ideas (use sound money, love your neighbor, whatever) doesn't mean all of it is automatically good.

That's exactly my thoughts too...

 but it also seems like such a coincidence that places being invaded are also the only places with a strong culture against fiat&debt

 How do we determine between a coincidence and some kind of genuine link?

You can't prove a negative. 
hero member
Activity: 900
Merit: 1000
Crypto Geek
March 11, 2012, 05:52:09 PM
#5
It's not the financial system that's the problem, it's religious fundamentalism. Just because a religion can have some good ideas (use sound money, love your neighbor, whatever) doesn't mean all of it is automatically good.

That's exactly my thoughts too...

 but it also seems like such a coincidence that places being invaded are also the only places with a strong culture against fiat&debt

 How do we determine between a coincidence and some kind of genuine link?
legendary
Activity: 1680
Merit: 1035
March 11, 2012, 03:01:14 PM
#4
It's not the financial system that's the problem, it's religious fundamentalism. Just because a religion can have some good ideas (use sound money, love your neighbor, whatever) doesn't mean all of it is automatically good.
legendary
Activity: 1218
Merit: 1001
March 11, 2012, 01:01:43 PM
#3

 I can't help but wonder why so much violence in the world is centred around muslim countries.

...snip...

Its because there is no problem in the US political cycle that can't be solved by invading a Muslim country.
sr. member
Activity: 406
Merit: 250
QUIFAS EXCHANGE
March 11, 2012, 12:21:29 PM
#2

It seems like such a coinsidence to see so much violence around these concepts.


What violence? I fail to see your connection here between the two.
hero member
Activity: 900
Merit: 1000
Crypto Geek
March 11, 2012, 12:00:51 PM
#1

 I can't help but wonder why so much violence in the world is centred around muslim countries.

 The conventional thought in the west is that it's a violent religion.

 However, is it a coinsidance that Islam has 2 clear rules on fiat and debt.
 First, there's the rules on debt and usury. They're pretty strong and islamic banks are having a hard time trying to bend the rules on this.
Then you got gold as a defense against fiat. The basic advise is only to use gold as currency. This has pretty much been bypassed and it's only now that they're trying to get this back in places like malaysia with the dinar.

So 2 strong defenses against financial attacks, gold and usury laws.

It seems like such a coinsidence to see so much violence around these concepts.

And it's not simply the middle east. Argentina had a brief flirt with a muslim president and then coinsidently the usa bombing a weapons factory that was supplying iran.

Then again there's the old jews fighting muslims thing we get bored of so quickly and the oil factor.

What do you think... who's backing fiat&debt against gold and anti usuary laws
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