Fractional Reserve Banking

Monday, May 9, 2011

Fractional Reserve Banking

How money is created in a “Fractional Reserve Banking” system. Chapter 7 of Chris Martenson’s Crash
Course

How the US Federal Reserve System creates new money. Chapter 8 of Chris Martenson’s Crash Course

credit : You Tube & Politicalmetals.com

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INTRODUCTION

Abu Bakr ibn Abi Maryam reported that he heard the Messenger of Allah, may Allah bless him and grant him peace, say: "A time is certainly coming over mankind in which there will be nothing [left] which will be of use save a dinar and a dirham." (The Musnad of Imam Ahmad ibn Hanbal)

Gold and silver are the most stable currency the world has ever seen.Protect your wealth by buying gold and silver.

Zero inflation in 1,400 years

A chicken at the time of the Prophet, salla'llahu alaihi wa sallam, cost one dirham; today, 1,400 years later, a chicken costs approximately one dirham.

Public Dinar offers very competitive rates for purchasing gold Dinar.