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Politics : Formerly About Advanced Micro Devices

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FJB
To: zzpat who wrote (1062095)3/23/2018 12:22:34 PM
From: James Seagrove1 Recommendation  Read Replies (1) of 1574483
 
The Islamic gold dinar is the way of the future,
Chinese fiat money isn’t going to back or buy anything.

“The gold dinar ( Arabic:) is an Islamic medieval gold coin first issued in AH 77 (696–697 CE) by Caliph Abd al-Malik ibn Marwan. The weight of the dinar is 1 mithqal (4.25 grams). The word dinar stems from the Latin denarius aureus or 'gold coin'. The name 'dinar' is in use for Sasanid gold coins, and also for Kushan and Kidarite gold. It is not known how these coins were named in their day.” en.m.wikipedia.org

Then again, Bridget says gold isn’t backed by anything.


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