Recent content by AsifShiraz

Hi, I'm interested in finding some statistics that show the practical, negative impact of violating the principle of sound money. Any articles, or directions for further researching this would be much appreciated. As an example, let us say that the Banks have this unfair advantage of creating...

So this landmark legislation gets passed and everyone is happy about it, but what happens next? I didn't hear any news about people jumping upon this opening and starting gold based financial institutions or anything like that? Only heard of one guy (something franco) that he will start a...

You guys might find this story interesting about a new bullion coin introduced jointly by open currency and muslim community: http://www.dinarwakala.com/Media/Index/2011-12-06_Launch_Of_The_American_Gold_Dinar

Reliving History with the American Silver Dirham Press Release | Mar 8, 2011 http://www.dinarwakala.com/Media/Index/20110308_Reliving_History_With_The_American_Silver_Dirham As a lonely metal smith finished off his piece of art in the Shaqq Al-Taymara mint on the banks of the Araxes, little...

I was talking about small government and reducing government responsibilities to someone, and he replied that the Scandinavian countries have achieved tremendous progress and prosperity by large public sector welfare projects. Is there's really a successful model? If yes, why Austrians oppose...

Apart from reporting transactions under AML and getting a bullion dealer license in case volume of gold transactions exceed a threshold, I think the main thing here is that when you recieve payment in gold, you must note the price at the time you recieve, and that is your tax cost basis when you...

Btw, I've covered usury, islamic banking and shariah law on it extensively in my video on gold dinar that I posted in the other post.

What does the Austrian school say about the possibility of money creation through credit? In its effect, how is that any different from money creation by governments and central banks?

Not sure if embedded link will auto play, but there are actually five parts, which you can see on youtube directly. The last part 5 covers this initiative in the United states, where we are planning to work together with American Open Currency System.

A short documentary on the gold dinar movement, which is the muslim world's equivalent of sound money. Deriving its motivations from a religious precept, this movement fundamentally differs in this sense from western, secular sound money initiatives that rely primarily on economic arguments...

An interesting website to hear directly what hitler wrote about his thoughts... http://www.hitler.org/writings/last_testament/

Hi... I'm looking for a video that explains, in a short overview, the difference between the "real" economy and the "paper" economy... Searched peter schiff on youtube but only found videos related to the more contemporary issues of US monetary policy, debt etc... no direct mention of the...

Where is the link for this list of lawyers?

My view is that economic realities are a bigger force then ideology. Convincing local businesses to accept gold and silver is the hard "ideological" route, with very slim chances of success. Few businesses will agree to accept, few buyers will adopt, and metal will usually hit a dead stop and go...

I was looking at this article. http://www.ideasinactiontv.com/tcs_daily/2006/06/islamocapitalism.html I think some muslims (I, for one) would disagree with a few contentions. 1. The article claims that zakat (a central tenet of islamic faith) is a voluntary act of charity. But there is strong...