Tango01 | 13 Nov 2014 10:40 p.m. PST |
…Backed By Gold, Silver, And Copper. "CNN) -- ISIS is planning to mint its own currency in gold, silver and copper, the group said Thursday. Its aim is to stay away from the "tyrant's financial system," ISIS said in a statement. It said it would issue another statement to explain the new currency's exchange rate, and where it can be found. The currency will include seven coins: two gold, three silver and two copper. The move is "purely dedicated to God" and will remove Muslims from the "global economic system that is based on satanic usury," ISIS said…" Full article here link Amicalement Armand |
Black Guardian | 13 Nov 2014 11:44 p.m. PST |
I hope they keep detailed records of their financial experiment, this could be an interesting subject for scientific study… Gold Standard currency in a fiat-money surrounding, letīs see how long they can hold it together. |
zippyfusenet | 14 Nov 2014 5:37 a.m. PST |
Indeed. Classical theory holds that this will drain them of all their bullion very quickly. |
Pedrobear | 14 Nov 2014 5:41 a.m. PST |
I guess Libertarians must be feeling rather conflicted now… OR Kill people, take their stuff, use a currency of gold, silver and copper… sounds like my old D&D party! |
Murphy | 14 Nov 2014 5:44 a.m. PST |
So they are true "Murder hobos"….. |
Only Warlock | 14 Nov 2014 7:37 a.m. PST |
I thought they just used severed heads as currency. |
darthfozzywig | 14 Nov 2014 7:43 a.m. PST |
Pedro, Murphy, and Warlock – can't. Stop. Laughing. :) |
Cyrus the Great | 14 Nov 2014 8:55 a.m. PST |
What? No gold-pressed latinum? |
Legion 4 | 14 Nov 2014 9:18 a.m. PST |
Yeah, we'll see how good they are at actual "economics" … |
boy wundyr x | 14 Nov 2014 9:40 a.m. PST |
Doesn't having an exchange rate tie them right back into the tyrant's financial system? |
Phil Hall | 14 Nov 2014 12:43 p.m. PST |
The exchange rate will be set by the precious metals market. |
14Bore | 14 Nov 2014 3:35 p.m. PST |
Here I thought they might have gone with the Bitcoin. |
capncarp | 14 Nov 2014 5:44 p.m. PST |
Considering their terror-generating activities, I should think ISIS/ISIL would best be funded by this: link link |
Cyrus the Great | 14 Nov 2014 11:32 p.m. PST |
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Legion 4 | 15 Nov 2014 8:55 a.m. PST |
Monopoly has it's own currency too … |