The best 3-minute video on the “creation of money” from thin air

Perfectly brilliant animated video: on a British site as “Plan B” for the British economy suggesting to cut bonuses and benefits to bankers.. Too much common sense!…

The money supply from a trader’s perspective

At the end of WWII, the money supply in the UK was virtually 50% Cash from the Government and 50% Credit from banks. Now the ratio is 97% to 3%. Making money out of money seems a special kind of skill in such circumstances, but in Islam it is a deadly sin! Check this entry [...]

Our Purpose

This blog addresses the core issues of what’s labelled as the credit crisis.  It distinguishes between economic language – knowing that economics has been created as a soft social science to camouflage what central banks and banks are doing – for private benefit rather than the public good monetary language – knowing that the currency [...]