Posted on 11/11/2014 8:32:13 AM PST by Rusty0604
ISIS wants to introduce its own currency and plans to bring back solid gold and silver dinar coins, it has emerged.
The Middle East terror group apparently wants to introduce its own Islamic currency as part of its attempts to solidify its makeshift caliphate.
The currency known as the dinar, which once consisted purely of gold and silver coins, is today used by a variety of countries, but the coins are created from different materials to the originals.
However, the jihadi group is understood to be planning to return to the original gold and silver coins, which were first introduced during the Caliphate of Uthman in 634 CE.
While ISIS has yet to confirm the introduction of its currency, social media is awash with claims that leading religious figures announced the plans during recent prayers in Mosul and Nineveh province.
(Excerpt) Read more at dailymail.co.uk ...
And speaking of awful coin designs, most of the 50 state quarters were designed by a committee and look like it.
LOL ..... So true, the leader of the ARAB spring and other nafarious things that was the conception of ISIS.
Is that for real? That’s a HORRIBLE likeness.
LOL they stole a half bil from Iraq banks.
They may be competitive in the race to hire Obama in Jan 2017.
That gold will disappear faster than copper pipe from an empty Detroit house.
That’s actually a profound thought.
(You can lop off heads and the governments of the world will send strongly worded letters. You can rape women and sell them into slavery and you might get a dozen bombing raids. But when you start crossing the central banks with real money you’ll be put down in a hurry.)
Exactly! They are soooo finished!
You would think that they would have learned from the example of what happened to Moammar Khaddafi of Libya after he started rumblings of doing something similar.
Good luck with this idea. IS doesn’t even have a fixed border on their state, and three active forces nibbling down their territory every day.
Plus, that gold and silver would get privately exported before it cooled from the press.
One thing for sure, eventually William Devane would be on TV offering to sell me some for peace of mind and the stability of my portfolio.
This is a very powerful move on their part. Strength in commerce is the most important strength.
Strictly for melt value only.
THIS.
Soetoro and the rest of the liberals may want an ISIS caliphate, but they will still insist upon said caliphate having printed money. How can governments control economies and oppress their people without subjecting them to the boom and bust cycle? Not even Islam would be allowed to have a religious exemption to Marxist/Keynesian/Friedmanist gobbledygook under the rule of the Left.
(Doesn’t Islam have prohibitions against running deficits? If they do, then the rest of the Left will try its hardest to rewrite the Quran.)
When you compare the gifts you receive from each faction (i.e. “Caesar’s Favor”), it was apparent that the Legion was much wealthier. It’s kind of a shame that Obsidian ran out of time in developing the Legion, as I understand that the Legion economy was to be presented as strong and robust.
I believe Islam forbids portraiture. So no one.
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