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ElaKiri Talk!
There are three types of Economic Schools!
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<blockquote data-quote="ibnanv" data-source="post: 24743889" data-attributes="member: 218596"><p><span style="font-size: 15px">This is not thought in any school. </span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px">1. Supply side economics - Austrian School of Economic (Uses Gold Standard), Free Market . Rich get richer . Interest based. People will not lose wealth.Poor will be poor. </span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px">2. Demand side Economics - Keynesian School (Uses worthless Fiat Money) Free Market with Speculation and Manipulation. Rich get Richer interest based.People can lose wealth. Poor get into extreme poverty. </span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px">3. Distribution side Economics - Islamic Economic System. (Uses Commodity standard. Gold(Dinar Coins) Silver(Dhirham Coins) , Copper(Fulus Coins), Salt, Barley, Wheat, Dates, etc). 100% Free Market no Manipulation or Speculation. Less likely to be poor in the long run. Interest Free. People will not lose wealth. </span></p><p><span style="font-size: 15px"></span></p></blockquote><p></p>
[QUOTE="ibnanv, post: 24743889, member: 218596"] [SIZE=4]This is not thought in any school. [/SIZE] [SIZE=4] [/SIZE] [SIZE=4]1. Supply side economics - Austrian School of Economic (Uses Gold Standard), Free Market . Rich get richer . Interest based. People will not lose wealth.Poor will be poor. [/SIZE] [SIZE=4] [/SIZE] [SIZE=4]2. Demand side Economics - Keynesian School (Uses worthless Fiat Money) Free Market with Speculation and Manipulation. Rich get Richer interest based.People can lose wealth. Poor get into extreme poverty. [/SIZE] [SIZE=4] [/SIZE] [SIZE=4]3. Distribution side Economics - Islamic Economic System. (Uses Commodity standard. Gold(Dinar Coins) Silver(Dhirham Coins) , Copper(Fulus Coins), Salt, Barley, Wheat, Dates, etc). 100% Free Market no Manipulation or Speculation. Less likely to be poor in the long run. Interest Free. People will not lose wealth. [/SIZE] [/QUOTE]
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