Sheikh: “The plan is to bring down the whole world of paper money”December 21, 2012
Prominent Muslim scholar Imran Hosein has once again called for an end to fiat currencies, declaring that “paper money has already done its job of ripping off mankind.”
The remarks made in March, and uploaded to Youtube just recently, are the latest in a lifetime of rants against cash by Hosein, a virulently anti-Semitic graduate of Al-Azhar University who served as the de facto Muslim chaplain at the United Nations for 10 years.
Hosein believes that only gold dinars and silver dirhams used in the days of Muhammad have innate value. He has falsely stated before, as in this video, that Jews “control the banking system,” and that “Zionists” can simply wipe out your bank accounts with the click of a button. Hosein’s deep antipathy towards electronic banking (he loves talking about “invisible money” in “machines without minds”) feeds into Muslim fears, paranoia, and conspiracy theories.
How will Hosein’s “plan” to destroy paper money be achieved? Does he mean that tangible money will simply be digitized, or does he have something more sinister in mind to bring down the Western currency system?
Keep in mind that Iran is actively engaged in cyber-attacks against major U.S. banks. Recall that sovereign wealth funds from the Middle East may have played a role in the market collapse in 2008. Remember that the 9/11 hijackers struck the World Trade Center, a locus of American financial might.
The Islamists are telling us their next objective: “The plan is to bring down the whole world of paper money.” Will we have the guts to listen and respond in time?