Fixing the Global Financial System, A Modern Islamic (RIBA-FREE) Economy | Ibrahim Khan
IslamicFinanceGuru Podcasts
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Flaws of Modern Finance
This chapter explores the vulnerabilities of the current financial system, focusing on the implications of private bank money creation and the risks associated with fractional reserve banking. It highlights how global interconnectedness and reliance on the US dollar can lead to widespread financial instability and inflation affecting people worldwide.
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