We are asleep in an opium dream of debt;
Credit cards and housing loans,
Mortgages and hyperinflations
Recessions and sub-prime moonshine,
Monetarism and cronyism,
As we continue to be kept asleep,
Drugged in the jester’s dream
With intravenous drips
Of debt and fiat based money.
It is not blood that is coursing
Through the body of our society
But The Great Deception.
God is Scarce. Gold is a scares commodity and it will always be valuable. And so is silver. But it is not because of these precious metals that we are criticizing the economy of debt and fiat based currency. Our faith is founded on the single most scarce resource of all Creation - God. For God is Only One, and you cannot be more scarce than that.
The Copying of a Divine Attribute. In God’s absolute oneness He does appear to have an infinite ocean of divine attributes. He has however unbended enough to share with us a few of His fascinating attributes. For this topic, the most important divine power is His ability to make something out of nothing.
The entire premise of money as opposed to barter trade is to utilize a mode of currency that would enable A to sell barley to B in exchange for a recognizable and standard value unit - money. For this to work well you ought to utilize a resource (often metal) that is scarce and universally recognizable. For centuries mankind have been contented using metals, shells and even pieces of wood to signify a monetary value, but most popular are of course gold, silver, copper and their assorted mix.
But modern man has become too smart. To cover their deficits, the governments of the world have decided that they have an implicit right to make money. This is what is called fiat (by-right) currency. It is similar to usury because just like the normal banking right to leverage on its capital (say by 10 x capital), this 'created' money can be used to buy products and services. This money came from nowhere but by virtue of magical accounting and government legislation copied globally - The Central Bank Act. The Money Act and other assorted financial institution statutes. It is a complex structure intended to show off a veneer of 'creation' of value. But the truth is only God can create something out of nothing. Only God can create an intrinsic value out of a vacuum. Thus, begins the deception that is the source of all our present credit and fiscal problems…
132. Mortal Usury
Oh My enterprising servants!
I have vested upon this earth
Wealth of certain certainty
For people of certainty,
Dabble not in the arts of usury,
And attempt not to copy My Unique Ability
To make something from nothing.
The Weakness of Man. The thing with mankind when they decide to do something is that we always begin with the best of intentions. The best of hope and aspirations. After all, no one goes out of their way to bankrupt their own company or country. That would simply be suicidal. But...
The Temple of Money. The Palace of Debt. Have you ever wondered why are bank buildings often imposing like temples of religions and palaces of the kings, where the priests of money walk about in reverent silence upon marbled floor and gilded walls? The answer is simple. It is because they need to impress you lest you decide to peek behind the shiny edifice of the current debt and fiat-money system and see the weakness of the system - Man himself. Because, however high bankers build their global headquarters, debt and usury are essentially based on human promises, and we know how easily humans are corrupted by greed and desire…
188. Paper Promises
Paper money makes poor substitute
For gold and silver,
A mode of transaction
On human promises.
And oh, how well
We know of man
And his paper promises!
Ostentatious Consumerism. One unfortunate consequence of the flooding of the economy with debt is the flourishing consumerism. To consume something is not wrong. After all, if we don’t consume food and water we will all die. But consumerism goes beyond what is necessary for survival. In fact it goes beyond even what is necessary for a comfortable and decent quality of life. Everything is built to decay or become redundant. So we can buy more fridges, more cars and more washing machines, zipping our credit cards to fiscal exhaustion.
Divine Leverage. There is in fact a place in this world for usury, but it is for God to give us, not for us take it for ourselves. This is the divine leverage that God has promised us - It is goodness and prosperity in this life and in the hereafter, where a single act of patience, kindness or courage can bring you an ocean of joy in the Divine Presence. He is offering this free for us with no hidden charges...
133. Divine Usury
Oh Divine Usury!
Oh Divine Mercy!
Thy place is in the Hereafter
When we place our deeds on the Mizan, pleading
“Usury for Umati Muhammadi!
For our deeds weigh for nothing, O’ Lord,
In the Light of Thy Infinite Mercy!”
Well, something to think about, sunshine.
Hate has no place in Islam
Love will show the Way