tag:blogger.com,1999:blog-1352412692450842796.post8427521753955330020..comments2024-02-19T20:13:24.992+08:00Comments on The Sinners Almanac: Alchemy, Fiat Money and the Zealous WatchdogsMilky Teahttp://www.blogger.com/profile/07395083447454006991noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1352412692450842796.post-1061095646748745982011-11-30T08:15:01.111+08:002011-11-30T08:15:01.111+08:00Salams Sonia. Long time no hear! Yes, the issue su...Salams Sonia. Long time no hear! Yes, the issue surrounding fiat money and usury is not merely a question of social equity and fairness. Underlying the problem is that we are trying to build something out of thin air. But from this 'nothingness' people actually lose their assets and homes through foreclosures. So Banks bet with nothing but win back something. There is an alternative system - The economy, the allocation of resources, the effective use of the baitul mal, the taxing of unproductive wealth (as opposed to usury), the suppression of corruption (by which I mean that even being bad or lazy at your job is corruption), the ideal of holding wealth not just for consumption and self gratification but as a trustee for the future generation are all meant to re-channel money back into productive economic activities. <br /><br />Thanks for dropping by!<br /><br />Pax Taufiqa.Milky Teahttps://www.blogger.com/profile/07395083447454006991noreply@blogger.comtag:blogger.com,1999:blog-1352412692450842796.post-48011595136163728672011-11-29T23:39:18.424+08:002011-11-29T23:39:18.424+08:00Salam Taufiq, hope all is well with you and yours....Salam Taufiq, hope all is well with you and yours. Thank you for articulating this so succinctly.<br /><br />I understood somewhat the problems and dangers of financial alchemy and usury but i never did before now made its connection with the concept of Tawhid.<br /><br />"dabble not in the arts of usury,<br />and attempt not to copy My Unique Ability, <br />to make something from nothing"<br /><br />I will remember these lines and probably on occasion borrower them from you.<br /><br />Thanks again Taufiq, God bless.sonianoreply@blogger.com