All posts tagged: bretton woods

Tunisia: Annual Khilafah Conference 2022: The Economic Vision of Hizb ut Tahrir

The world of today is still living on the impact of renewed economic crises, but it continues to be relieved of bad treatments and their distance from the serious issue of the economy, especially in light of the control of the global capitalist system and its global banks and funds in the paths of countries, […]

The Inflation Crisis is the Fate of Capitalism

Nureddin Nebati, Minister of Treasury and Finance, said, “High increases in international commodity prices, especially food and energy, triggered by the global pandemic and war circumstances, and some disruptions in supply chains play a fundamental role in high inflation rates in our country, as in all other countries in the world.” said. (03.06.2022 Akşam)

Kenya’s Debt Crisis: Politicians Exchange Swords and Deceit from Addressing the Elephant in the Room (Capitalism)

Kenya is Sh1 trillion shy of hitting the Sh9.1 trillion debt ceiling. The latest National Treasury debt registry shows the country’s gross public debt stood at Sh8.2 trillion by last December. Total external loan was Sh4.174 trillion with multilateral loans standing at Sh1.782 trillion, commercial Sh1.208 trillion and bilateral Sh1.17 trillion. Kenya might have to […]

Islam’s Currency Prevents Back Breaking Inflation!

The Rupees is tied to the dollar The Rupee is constantly weakening, causing huge inflation. In 2018, one dollar bought 120 Rupees On 26 October 2021, one dollar bought 175 Rupees. The Messenger of Allah (saw) declared gold and silver as the basis for currency. The prices in the Khilafah were stable for centuries. #KhilafahEndsAmericanEconomicOrder

It is the Khilafah Alone that Can Replace the Crumbling American Economic Order

At a Senate Banking Committee hearing of 28 September 2021, US Treasury Secretary, Janet L. Yellen, warned US lawmakers on 28 September of “catastrophic” consequences, if Congress failed to raise or suspend the statutory debt limit by 18 October 2021, saying inaction could lead to a self-inflicted economic recession and a financial crisis. Then on […]