Archive for the ‘Business’ Category
Movement ‘occupy Wall Street’ in the U.S. spread to England, is now emerging movement ‘occupy the London Stock Exchange (LSX)’ which carried anti-capitalist activists. They have occupied the office of a large Swiss bank UBS is.
Movement in London is indeed inspired by the movement of Wall Street rally. The protesters in London are also camped outside the church of St. Paul in the heart of the district offices of financial firms, and in Finsbury Square close to the office of the big banks.
“When banks take our homes, then the bank properties should be taken also by the general public. This is the first wave of takeover movement of property companies hit by the global crisis,” said member Jack Holburn demonstrator was quoted as saying by AFP on Saturday (18/11/2011).
UBS said the party has taken action by deploying security forces to secure the buildings. “We are aware of the situation and take appropriate action,” he added.
London police said it had received a request to maintain the security of the UBS building at night. But no violence was done, the police simply monitor it.
Under English law, if there is a vacant building that could be entered without violence can be occupied. But the owner could take legal action to expel him.
There is exciting news that you can read in the daily Republika, published yesterday (02/03/2010) that the IMF called on to leave the U.S. $!! This news alone, of course invalid because the statement refers to Dominique Strauss-Kahn, the head of the International Monetary Fund (IMF) on Friday? At last week.
Not that I know better or smarter than the highest leadership of the IMF; but if you read my article almost six months ago under the title Got To Leave As Dollar, then you will know that the call or discourse that were raised by a number of people in this IMF is the should be done and it will not surprise you.
The thing to watch the race and also other nations in the world is? what’s behind this statement. Why only now changing discourse of U.S. $ raised? And what a replacement U.S. $ which they thinking?
I tried to guess what would be the answer to two questions mentioned above. About why this discourse now raised; my guess is because they (IMF officials) also know that the U.S. $ will not survive in a much longer? This discourse is raised to a kind of socialization into the world to conditions that are very likely to happen.
IMF-failed they want to fix the failure of the IMF’s history first, when there was a surprise Nixon Shock in August 1971? which unilaterally and abruptly? Nixon shook the world by leaving the gold as the reference currency U.S. Dollar him. This time they want the world community to know first? that the U.S. dollar is likely to fail (again) and the world will not be able to count on him.
So why do they? Being kind? signaled to the world that the U.S. $ will fail? Simple? because they also still want (fixed) leads the world with its rules. Remember when the IMF failed first with the incidence of Nixon Shock in August 1971; successors remain IMF also only? The law? His switch from the Bretton Woods Agreement (1945) the Article of Agreement of the IMF, signed in the Smithsonian Institute? December 1971. From this location marker have actually savvy Muslims already have to know who is behind them and for programs whose interests they are made.
Questions about what to-2 replacement of U.S. $ which they thinking? Dominique revealed from the statement that the replacement of U.S. $ as reserve currency to come is? Similar to but distinctly different from the IMF’s Special Drawing Rights, or SDRs?.
SDR is a reserve asset created by IMF in 1969; initial value of 1 SDR is equivalent to 0.888671 grams of gold? which should then also worth 1 U.S. $. After the Nixon shock incident mentioned above,? Money? SDR was equivalent to the gold-was turned into the equivalent of a basket of stronger currencies of the world. For the current contents of the basket consisting of U.S. $, Pounds Sterling, Euro and Yen.
So what is the value of SDR is now? Monday (03/01/2010) 1 SDR equivalent to U.S. $ 1.52771, or if you bought gold can only 0.0425 grams. So money’s SDR-lived are now worth about 1 / 20 of the initial value when it was introduced 41 years ago.
What’s this all meaning? When the U.S. $ as a reserve asset is replaced with a new form of SDR though (which is said to Dominique as a similar but distinctly different with the current SDR)? still can not be a real asset reserve? because its value is also experienced as the collapse of paper currency basket used to calculate its value.
If anyone still thinks that there is a world of paper currency purchasing power to survive, then look at the performance of paper money that had been considered strong in the world such as graphics on the side. The purchasing power of gold for example Rupiah home to 20% over the last 10 years, when in early 2000 you could buy 1 gram of gold for Rp 66.000, – so now with the same money you could only buy 0.2 grams of gold per gram as has now become Rp 330.000, -.
Not only the amount but the range of world-mighty currencies was his fate only slightly better than the Euro; in the past 10 years the same purchasing power of the pound sterling against gold live 23%, 25% lived U.S. Dollars, Yen and Sing Dollar and Euro only 30% lived 34%.
Why is gold for comparison? instead of inflation data in each country? Simple, in developed countries like America which he said most transparent in the information? state government’s official inflation data was doubted by his own people, so comes the Shadow Government Statistics, for example? Government supposed to have? interest? against this inflation data so that data can be issued is not the actual data.
On the other hand, the purchasing power of gold has proved to be stable for more than 1,400 years – that 4.25 grams of gold, called a dinar, always enough to buy a goat’s tail. So that the gold (with silver) was worth as the only fair balance in as revealed by Imam Ghazali in? Ihya Ulumuddin since 10 centuries ago.
With the decline in the purchasing power of paper money as mentioned above, whether consciously or not mankind that many would miss the presence of the fair cash value of inflation-free? although it could be money is not recognized as money by the monetary system adopted by the world today.
When the world’s financial authorities receive back the money intrinsic value like gold / silver dinar or / Dirham, then search the affairs of this new money has been completed. Live copy paste from the Islamic Sharia on how to use this set of gold and silver? everything is complete and has been run for over 1000 years.
The problem is the current world financial system that commandeered the IMF denied the presence of gold coins, so what do you think will happen? Community will increasingly do not trust the regime of world paper money, but the intrinsic worth of the coveted money hampered its presence making it difficult to be sufficiently available in the community. It’s likely that will happen is the Barter system will develop.
In Economics, the meaning of inflation is rising prices for goods and services in general within a certain period. According to the adherents of Monetarist theory, the main cause of inflation is money supply. Even in the Monetarist view of the famous Economist Milton Friedman “Inflation is always and everywhere a monetary phenomenon.”
In the western economic system have argued that inflation is positive because there are, among others, useful to encourage investment in real sector. When inflation is high people tend to not retain in the form of money? but in the form of goods, demand for goods is a rotating lift production and the economy.
In Islam, the real production sector inflation is not driven by money but by a faster lap. Wealth is not for hoarding but it spins into the wider community? spin not only on the rich but also on the poor. In the view of Ibn Taymiyyah, the government is printing money beyond the needs of the transaction? causes inflation? is the government that people.
Ibnu Taymiyya’s view this is actually more fitting for modern humans at this time though. The world’s governments will be able to maintain the prosperity of its people if they can reduce or even eliminate inflation? if only they would!
Rice Price in U.S. $ example of how inflationary hardship on the people around the world can you see in the chart on the side. The graph that I created based on data issued by the International Rice Research Institute (IRRI) this shows that in 5 years alone, the price of rice in the world has experienced an average increase of nearly 2X as much. Yet very little portion of the world population could increase their incomes 2X fold in that period.
That is, the average level of prosperity of the world population declining? because of declining purchasing power of this money. It also can we feel in our homes each. Could have increased our income from year to year, but why not live load feel lighter ya? If you feel the same? so this could be because your income increases less rapidly with inflation of the prices of your basic needs.
Which can control inflation is the government’s monetary authorities in particular; people like us can not control this inflation. Even so, in fact nothing could be done by people like you and not to be victims of inflation. With what can we do? Resistance? against inflation?
Citing the opinion of Ibn Taymiyyah on how the country should have authority to print money:? Amount of money (money which is lower than the dinar and dirham like copper) should only be printed in proportion to the number of transactions in such a way that guaranteed a fair price. Authorities should not be excessive money printing that is harmful to society because of the destruction of the purchasing power of money already on them?.
If only the thought of Ibn Taymiyyah was used as a reference by the monetary authorities and the financial world, Insha Allah the various crises that plagued the people of the whole world is not going to happen. Due to human pride, they are reluctant to seek the right directions? instead of learning from previous mistakes? Instead they buried humanity to the potential for even greater crisis.
I get some real evidence of what the British government last year. When efforts to rescue the economy by controlling interest rates when it has reached 0.5% – the LOWEST in the last 315 years! ? felt not also heal the existing crisis, they began looking for reasonable (-trick) to polish their economies.
So named way cool Quantitative Easing? that seemed sophisticated, so it is not easy to understand people. Quantitative Easing What is this exactly? Here is my layman’s understanding? apologize to economists because I try to simplify your sophisticated science.
Bank of England
Quantitative Easing was one way the central bank? in the UK meant the Bank of England? ? Print? a large number? new money? in its Balance Sheet. No need to bother to physically print paper money or coins that? but merely to add new numbers electronically at the central bank’s balance sheet.
Once formed, then for what? Records? this money? To purchase troubled assets from the banking world (such as housing loans), government securities, etc.. In this way? Money? who was only fantasy that only typed in the central bank’s balance sheet, has now entered the country’s financial system.
Since each bank has an account at the central bank, the central bank also did not bother to physically move the money (which does not exist physically) to the banks, all in computer data entry only.
I gave the picture of how the purchasing power of the human race around the world eroded by inflation that can not be controlled by the government of each country.
If anyone still thinks that there is a world of paper currency purchasing power to survive, then look at the performance of paper money that had been considered strong in the world such as graphics on the side. The purchasing power of gold for example Rupiah home to 20% over the last 10 years, when in early 2000 you could buy 1 gram of gold for Rp 66.000, – so now with the same money you could only buy 0.2 grams of gold per gram as has now become Rp 330.000, -.
Not only the amount but the range of world-mighty currencies was his fate only slightly better than the Euro; in the past 10 years the same purchasing power of the pound sterling against gold live 23%, 25% lived U.S. Dollars, Yen and Sing Dollar and Euro only 30% lived 34%.
Why is gold for comparison? instead of inflation data in each country? Simple, in developed countries like America which he said most transparent in the information? state government’s official inflation data was doubted by his own people, so comes the Shadow Government Statistics, for example? Government supposed to have? interest? against this inflation data so that data can be issued is not the actual data.
On the other hand, the purchasing power of gold has proved to be stable for more than 1,400 years – that 4.25 grams of gold, called a dinar, always enough to buy a goat’s tail. So that the gold (with silver) was worth as the only fair balance as revealed by Imam Ghazali in? Ihya Ulumuddin since 10 centuries ago.
With the decline in the purchasing power of paper money as mentioned above, whether consciously or not mankind that many would miss the presence of the fair cash value of inflation-free? although it could be money is not recognized as money by the monetary system adopted by the world today.
Empirical evidence of the existence of barter in modern times even this I wrote in my previous article entitled “Equity Dinar Exchange?”; And even powerful nations of the world is currently preparing a sophisticated barter system to facilitate trade between them without having to depend on the currency particular, for this see my other writings such as “China Preparing to Lead the World Trade?.
2 modern barter system that I introduced in the writings mentioned above, both can be effective when you can create – a condition that is thousands of years ago a problem – the condition of coincidence of wants.
With data processing technology that can work very fast and cheap, as now, the coincidence of wants can be met from a large number of party participants barter? not limited to only 2 parties like thousands of years ago. From here the techniques of modern barter later called Multileg Barter Exchange or expand.
With the developments of modern commerce; vision Dinar movement we are not only limited to providing Dinar needed by the community and make the Dinar as a driver of the real sector? but we also continue to conduct research and development associated with trade in general.
In connection with the pioneering modern barter in this example, we cooperate with several parties are now studying it and preparing it in a project that we call IndoBarter Project? that we should not miss from China, India, Brazil, Russia, Germany, etc. in terms of global trade that may someday no longer will rely on the existence of a world financial system is increasingly fragile.
In 1982 there is a movie with a backdrop of World War II, titled Sophie? S Choice. The film won many trophies this, described the experience of a mother (Sophie) with two children? male (Jan) and female (Eva)? who was arrested by enemy soldiers. The mother was given an offer by an enemy soldier, one of his son would be killed? but the mother was told to choose which one. If he does not want to vote? then both will be killed.
The mother can not choose, but should choose? then his son was chosen in January to stay alive and her daughter Eva who killed the enemy. An extremely difficult choice? rest of his life so that this can only regret the decision to take.
Sophie’s Choice
The title of this film is so famous that the term Sophie?’s Choice became a new term to describe that moment when we are faced with an unpleasant condition that the same? same as the term? we know it.
This term-was later used by observers to describe the difficulties Dollar to choose between maintaining the dollar as reserve currency, or replace it with another currency that is not yet known what form.
Like China for example, they know the U.S. $ will collapse? but if he has to do something drastic to replace U.S. $ with another currency? then a very large foreign exchange reserves, its value will be destroyed along with the destruction of the value of U.S. $. Similarly, export it to America will collapse along with the collapse of the American economy.
Then do not do something? Not also an option. When the U.S. $ slow down in value? China declined slowly but surely also the competitiveness of its exports to America, and foreign exchange accumulated in the U.S. $ has also continued to erode in value.
Faced with such a dilemma situation, China is doing a smart thing to secretly increase its gold reserves and its people-are encouraged to secure their assets in gold. Last week China also made a step which is full of mystery with a widening range in price between the yuan exchange rate with U.S. $ – some observers interpret this as a smart move slowly next to China to prepare a replacement U.S. $.
A similar step is also done by Russia in the same week Russia announced its intention to lead the new regime in terms of world reserve currency. Russia to start by adding a dollar Australian dollar Cananda and reserve currency in the basket of his, so not only depend on U.S. Dollars.
Step secretly increase gold reserves by the Central Bank also finally revealed, at least it recognized China last year which revealed that gold reserves had to be double compared to the previous public data. Similarly, Saudia Arabia, which last week finally acknowledged also silent-silence measures that have been central bank gold reserves to raise her to be 2x the reserves that had been publicly known.
UBS-LogoYang surprising is the result of a survey conducted by UBS to the leaders of the Central Banks around the world, more than half turned out to argue that the dominance of U.S. $ as reserve currency will not survive until the coming quarter century or more precisely the year 2035.
So what instead? Some argue instead is the Asian country’s currency (presumably China?), Some have argued the Euro, but the biggest is that the majority opinion that gold was the currency’s replacement.
Maybe this is the cause, although the current gold corner? Central Bank of the world but secretly to also buy back the gold. After two decades as net sellers; now they become net buyers.
What is the meaning of this all true? Truth of Islam that the currency is the dinar or dirham fair as revealed by Imam Ghazali? sooner or later be proven again in modern times. We do not have to face the situation very difficult choice like Sophie? S Coice above; options that already exist in the two directions we? and our great scholars nor has revealed the truth.
In the history of human civilization: the discovery of the concept of money since about 5,000 years ago by the people of Mesopotamia (3000 BC) is the most important discovery to facilitate trade between one human being with another human being.
? Money? Shekel introduced that era is the equivalent weight of 180 grains of wheat for objects that are considered valuable as silver, bronze, copper, etc.. Recorded in the history of the 13th century later (1760 BC) and even money also began to formally enter the legal system known as the Law of Hammurabi – as introduced by the King to 6 of Babylonian named Hammurabi.
Legal inscriptions of Hammurabi
Before money is known, trading between human beings rely on Barter System. Because barter was only done between two parties who need each other by chance of goods or services of another party, then trade would be difficult to occur actively. Trade barriers is due to a condition called coincidence of wants (which incidentally needs of each suit) as a prerequisite for the occurrence of barter? not easily met.
Ease facilitated by the existence of the concept of money is then used for thousands of years later? up to now? become a major engine of trade. In a trade that uses the concept of money, should not longer exist the condition coincidence of wants.
Only in its development, modern man is too dependent on money? then make money not merely as a medium of exchange in trade. Since modern humans use paper money is becoming more sophisticated; even now his bill would not be printed again? simply typed in the numbers the computer at the central bank called Quantitative Easing for example, other than as a solution money can also be a disaster for others.
Money can be a tool to colonize one nation by another nation; money also can be an effective tool for the authorities to draw? Taxes? are hidden to all people without exception through what is called inflation. Dependence on money can also make some people became very poor due in part caused the other? remember what we experience in Indonesia during the height of the crisis years of 1997-1998.
So if the side-effects side effects I mentioned above, money should be abandoned and we return to the days of barter as it was before 5000 years ago? Of course the answer is not so extreme. Positive things associated with money (such as its flexibility in bridging between the human needs that are not always able to qualify coincidence of wants) still continues to be used; at the same time its side effects should be minimized. Dinars (gold coins) and dirham are actually able to prove the function of real money for thousands of years? without many side effects as we know it today.
On the other hand can serve as effectively as any money to facilitate trade; the concept of actual barter trade also remains a valid concept throughout the ages. Historical evidence for this is the Prophet’s Hadith Muslim, Abu Daud, Tirmidhi, Nasa? I, and Ibn Majah, with text Muslims from? Ubadah bin Samit, the Prophet SAW said:? (Sell) gold with gold, silver for silver, wheat by wheat, sya ? ir with sya? ir, dates by dates, and salt with a salt (provided should be) the same and kind and in cash. If the type is different, sell as you will if made in cash.?
Being more than a decade in the business is no joke and always considered to be one great accomplishment, take the case of All American Advertising, a specialty printing shop that provides quality customized merchandises. One of the secrets why this specialty shop has achieved accomplishments that many people may think difficult or impossible is its dedication in providing best services to its clients. The company renders services to various companies and entrepreneurs who want to have their own specialized and customized items. All American helps its clients to promote their services or products through branded merchandises.
All American Advertising offer a wide variety of products, such as t-shirts, embroidered caps, customized mugs, fancy refrigerator magnets, pens, custom-made key chains, and even bumper stickers and CD holders. In short, all the possible things that you can imagine can be produced by the shop for the sake of advertising one’s products or services.
The shop has been consistent in providing positive results as it never fails to satisfy its clients’ expectations. The recurring principle of the specialty shop is: “Customers first and foremost.” Nowadays, only a handful of business ventures ensure their clienteles’ satisfaction. Fortunately, All American Advertising is part of the few specialty shops that promote good customer relationships.
The company takes pride of its commitment to excellence, which is why its experienced staffs guarantee that customers are well taken care of. All American is branded to be one of the most reliable specialty shops in Washington because it never fails to meet the demands and needs of its clients. Customers of the company are always happy with the performance of the shop because from the primary consultation to the final delivery of the ordered merchandize, the services are always flawless.
Aside from customer satisfaction, the company also makes sure that its products are up with the quality standards. The merchandize being offered by the firm undergoes rigid quality scrutiny to ensure that they are on excellent condition.
Because of the extensive years of experience of the company, All American Advertising has mastered everything when it comes to providing exceptional and reliable service.