15/03/2022
Writing on a currency note in your pocket
"Hamil will pay Haza on demand"
This means that your government is obliged to pay gold equivalent to this note at your request.
If today the total population of Pakistan returns the notes to the State Bank and starts taking gold, then only 20% of the notes will be usable. The price of the remaining 80% notes is Rs. 13 per kg. Because the rest of the notes have no gold at all, their value is the same as the rubbish.
After World War II, Europeans burned currency notes instead of wood. Because the price of wood was higher than the currency.
The concept of inflation, called inflation, is only a hundred years old.
The price of a hen was two dirhams in the time of Pharaoh which remained only two dirhams till the end of 19th century. If we consider, even today its value is only two dirhams. Mean zero percent inflation.
In the last 100 years alone, the value of paper money has fallen several hundred times.
Inflation is actually a tax that the rich and the poor pay equally without any discrimination.
The biggest cause of poverty and misery today is paper currency and the interest paid on it.
When we borrow from the IMF, the dollars don't actually flow to us. In the United States, only a computer transaction takes place in a bank account. Dollars are not transferred to this account either.
To date, only 3% of the world's dollars have been printed. The remaining 97% of dollars are stored only on computer hard disks.
The IMF charter states that no country can issue gold and silver coins. If it does, the IMF or the World Bank will not lend to such a country.
Many heads of state in the world, including the United States, have been killed for trying to issue their own currency or gold and silver coins.
The government of this country cannot impose without the permission of the Minister of Finance and the Secretary of Finance.
The first condition for lending by the IMF is privatization and then lending. Ever wonder why this is so.
All petrol exporting countries, including Saudi Arabia and Iran, are bound to sell petrol only in dollars and not in the currency of the country selling or buying.
Never in human history have so many people been fooled. This is the biggest fraud in human history.