Analysis of The Theory of Gold Standard, A Glance on the Book An Introduction to The Theory of Gold Standard: The Monetary System of the New Islamic Civilization
The unpleasant effect of Fiat money creation in disruption of economic equilibrium and class division creation is one of the main subjects of expert circles. Therefore, some researchers suggest “Theory of Gold Standard” instead of credit money. The book An Introduction to The Theory of Gold Standard...
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Institute for Humanities and Cultural Studies (IHCS)
2022-04-01
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Series: | پژوهشنامۀ انتقادی متون و برنامههای علوم انسانی |
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Online Access: | https://criticalstudy.ihcs.ac.ir/article_7762_f3bb82f96dfbb1da7fd3a00dddf5e53f.pdf |
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author | Wahhab Qelich |
author_facet | Wahhab Qelich |
author_sort | Wahhab Qelich |
collection | DOAJ |
description | The unpleasant effect of Fiat money creation in disruption of economic equilibrium and class division creation is one of the main subjects of expert circles. Therefore, some researchers suggest “Theory of Gold Standard” instead of credit money. The book An Introduction to The Theory of Gold Standard: The Monetary System of the New Islamic Civilization is the most important book in explanation of this theory in Iranian publications. This article deals with the theoretical approach and it reviews the theory of the Gold Standard. The article shows the authors’ valuable concern about the monetary and banking system`s challenges and the unpleasant effects of Fiat money creation. Finally, the book cannot answer ambiguity and main questions scientifically and convincingly. Perhaps simultaneous using of Gold with credit money (no complete removal of credit money) is the more reasonable suggestion for the Iranian monetary system. |
format | Article |
id | doaj-art-b39e95b09f30416ca222ab3f98c790f5 |
institution | Kabale University |
issn | 2383-1650 |
language | fas |
publishDate | 2022-04-01 |
publisher | Institute for Humanities and Cultural Studies (IHCS) |
record_format | Article |
series | پژوهشنامۀ انتقادی متون و برنامههای علوم انسانی |
spelling | doaj-art-b39e95b09f30416ca222ab3f98c790f52025-01-08T05:39:20ZfasInstitute for Humanities and Cultural Studies (IHCS)پژوهشنامۀ انتقادی متون و برنامههای علوم انسانی2383-16502022-04-0122232935310.30465/crtls.2021.36581.22587762Analysis of The Theory of Gold Standard, A Glance on the Book An Introduction to The Theory of Gold Standard: The Monetary System of the New Islamic CivilizationWahhab Qelich0Assistant Professor and Faculty Member at Monetary and Banking Research Institute, Central Bank of I.R. Iran (MBRI),The unpleasant effect of Fiat money creation in disruption of economic equilibrium and class division creation is one of the main subjects of expert circles. Therefore, some researchers suggest “Theory of Gold Standard” instead of credit money. The book An Introduction to The Theory of Gold Standard: The Monetary System of the New Islamic Civilization is the most important book in explanation of this theory in Iranian publications. This article deals with the theoretical approach and it reviews the theory of the Gold Standard. The article shows the authors’ valuable concern about the monetary and banking system`s challenges and the unpleasant effects of Fiat money creation. Finally, the book cannot answer ambiguity and main questions scientifically and convincingly. Perhaps simultaneous using of Gold with credit money (no complete removal of credit money) is the more reasonable suggestion for the Iranian monetary system.https://criticalstudy.ihcs.ac.ir/article_7762_f3bb82f96dfbb1da7fd3a00dddf5e53f.pdfbook reviewtheory of gold standardcredit moneymonetary systemcentral bank |
spellingShingle | Wahhab Qelich Analysis of The Theory of Gold Standard, A Glance on the Book An Introduction to The Theory of Gold Standard: The Monetary System of the New Islamic Civilization پژوهشنامۀ انتقادی متون و برنامههای علوم انسانی book review theory of gold standard credit money monetary system central bank |
title | Analysis of The Theory of Gold Standard, A Glance on the Book An Introduction to The Theory of Gold Standard: The Monetary System of the New Islamic Civilization |
title_full | Analysis of The Theory of Gold Standard, A Glance on the Book An Introduction to The Theory of Gold Standard: The Monetary System of the New Islamic Civilization |
title_fullStr | Analysis of The Theory of Gold Standard, A Glance on the Book An Introduction to The Theory of Gold Standard: The Monetary System of the New Islamic Civilization |
title_full_unstemmed | Analysis of The Theory of Gold Standard, A Glance on the Book An Introduction to The Theory of Gold Standard: The Monetary System of the New Islamic Civilization |
title_short | Analysis of The Theory of Gold Standard, A Glance on the Book An Introduction to The Theory of Gold Standard: The Monetary System of the New Islamic Civilization |
title_sort | analysis of the theory of gold standard a glance on the book an introduction to the theory of gold standard the monetary system of the new islamic civilization |
topic | book review theory of gold standard credit money monetary system central bank |
url | https://criticalstudy.ihcs.ac.ir/article_7762_f3bb82f96dfbb1da7fd3a00dddf5e53f.pdf |
work_keys_str_mv | AT wahhabqelich analysisofthetheoryofgoldstandardaglanceonthebookanintroductiontothetheoryofgoldstandardthemonetarysystemofthenewislamiccivilization |