GOLD AND SILVER CURRENCIES IN THE GLOBAL ECONOMIC CONSTELLATION: Alternative Solutions to Monetary Crisis

Abstract

The type of currency in the form of fiat money has contributed to the high inflation and the occurrence of monetary crisis in one country. So, it is considered necessary to have an  alternative solution in the form of changes in the types of currency, namely the forms  of Dinar (gold) and Dirham (silver) because in these two currencies, there is a synchronization between the nominal value of the currency and the value attached to the money-making raw material (intrinsic value). Among the types of such currencies, which have been empirically and historically tested, are Dinar and Dirham

    Similar works