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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Main Author: Wahhab Qelich
Format: Article
Language:fas
Published: Institute for Humanities and Cultural Studies (IHCS) 2022-04-01
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.
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institution Kabale University
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language fas
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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
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