• Reading about the history of money

• The centralization of gold

• The creation of the Federal Reserve

• Book: “Creature From Jekyll Island” G. Edward Griffin

• The Bretton Woods Agreement

• The current monetary system corrupted by debt / riba

• In the current monetary system (fractional reserve banking) interest is always tied to any loan

• Whether that loan is for a house or car ect…

• Islamic finance / Islamic banking tries to get around this by layered transactions as a way to hide the interest

• Example: You want to buy a house in a “sharia compliant way” , you go to an Islamic bank. They will look at the house you want to buy & they will buy it for say $400,000 & then they will sell it to you for $500,000 and you pay them in installments. That’s Islamic Banks way of getting around riba / interest. The two transactions themselves have no riba involved but they are bounded / layered together by a promise that the buyer is going to buy the house from the “Islamic” bank that’s going to buy it.

• This is a work around, a loophole

• Islamic finance / Islamic banking is just a band-aid & not a real solution to the current monetary system

• Under this current fiat monetary system we ( individuals & companies ) are incentivized to take out debt

• The Prophet Muhammad ﷺ said there will come a time when everyone will be affected by the dust of riba / interest. That time is now.

• @MBitcoiner

• @MikeStillBTC