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National Repository of Grey Literature 2 records found  Search took 0.01 seconds. 
The Model of Interest-free Monetary System
 HAWI, André
Over the ages, religions varied in their beliefs and teachings, but one of the aspects which most of them shared is the antipathy towards charging interest. Many models and methods that effectively achieve their purpose without relying on interest had been developed and resulted in success. Some of these models were hindered and eventually banned by local authorities, others survive to this day, such as JAK members' bank and the Islamic monetary system. When comparing a loan from an interest-free bank to a loan in a conventional bank the result was a little misleading since the monthly installments in the interest-free bank studied were higher. However when the loan costs of both kinds of banks were compared the interest free bank turned out to be much cheaper. The results and analysis made in this thesis can be further analyzed in the sense of depth, collection of data, and experiments.
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Gold standard and its potential for the next monetary system
 Ďurša, Miroslav ; Žamberský, Pavel (advisor) ; Vondrušková, Barbora (referee)
The current monetary system with its exponentially growing debt and then deepening social problems especially in the Western world such as USA or Europe needs a change. The evidences of unsustainability and its coming end are actions of central banks particularly during recent years since the fall of Lehman Brothers. These banks, along with national governments pour at the expense of inflation into the economy a huge amount of new money through commercial banks in the economy further multiplied. Money supply created during recent months in its volume corresponds to the volume of money supply created in a few decades before today's economic crisis. As a long time before Christ in Athens or in Rome, today the government trying to cheat the gold by using FIAT money, but history shows that FIAT money always degenerate into hyperinflation and the only monetary system that works is the classical gold standard. Classical gold standard has enormous potential to become the next monetary system as millions of people will lose everything during the hyperinflation.
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