Saturday, September 11, 2010

Gold, Freedom, and Islam

"This is what it means to be free," said Imam Vadillo, a "Spanish-born Muslim convert [who twenty-five years ago] set to work with other European Muslims to find a substitute for the U.S. dollar and other paper currencies," quoted in this story — Malaysian Muslims Go for Gold, But It's Hard to Make Change. Said Husam Musa, Kelantan state's economic policy chief, "Its value is stated not by the World Bank, but by Allah."

Of course, Muslims are not the only ones interested in the metal: "American libertarians such as Ron Paul frequently call for the reintroduction of a gold-backed currency, arguing that the Federal Reserve's ability to print money causes inflation and destroys savings."

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Omnes Sancti et Sanctæ Coreæ, orate pro nobis.