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Law of Proportionality

Law of Proportionality

Ever since a child, I would tinker with styrofoam to make model planes. Once the design issues were kinked out, I would try to expand its size. But every time I would expand the size, something or...
An Open Letter to Ulema

An Open Letter to Ulema

Asalaamu Alaikum. Sheikh, we need to talk. Its about Riba, Banking & Currencies. I feel Islamic Scholars have been treating the symptom as the root cause in financial matters. I will share a few...
The Looming Currency Crisis

The Looming Currency Crisis

In my previous article, I had stated that Rupee will see a 15% depreciation before or by summer. Summer’s here! But the 15% depreciation isn’t. Congratulations Pakistan! You have dodged the forex...
Is Capitalism the Culprit?

Is Capitalism the Culprit?

Capitalism isn’t a new idea. It has been around for the last 5000 years where Gold, Silver, Copper, Salt and other scarce commodities were used as money. It is Banking and its Fractional Reserve...
State-Crony Capitalism

State-Crony Capitalism

Recently Iran agreed to export 80,000 barrels crude per day to Pakistan. Pakistan requested a loan of $500 Million from Iran for the pipeline to be built.  Iran refused for $500 million but agreed...
The Great Provincial Divide

The Great Provincial Divide

There have been recent talks about creating a new province for better administration “for the Saraiki-speaking citizens”.  Apparently, dividing citizens of a country based on language would...
Understanding Inflation – Our Core Problem

Understanding Inflation – Our Core Problem

One Rupee was all I wanted for lunch at school during my early school days, enough to buy me one bag-a-chips, and three Rupees for Thursdays to enjoy Pepsi. This was about two decades ago. Today a...
We Make it the ‘Mighty’ Dollar

We Make it the ‘Mighty’ Dollar

Money only holds value because there are goods and services available to buy with that money. Coconut water would be more valuable than a kilo of gold on an island. It is therefore, not the value of...