Can gold Dinar replace fiat money as currency? / Noraini Peie … [et al.]

• Main Authors: Peie, Noraini, Mohamad, Saadiah, Mohamad Yusoff, Nur Syahirah, Joreme, Aidaty Aqilah, Rosli, Mohd Azizam
• Format: Article
• Language: English
• Published: Universiti Teknologi Mara Selangor 2017
• Subjects: Money; Precious metals. Bullion
• Online Access: http://ir.uitm.edu.my/id/eprint/32229/1/AJ_NORAINI%20PEIE%20JEEIR%20B%2017.pdf; http://ir.uitm.edu.my/id/eprint/32229/; http://www.jeeir.com/v2/index.php/35-current/2017/vol-5-no-3-2017/165-gold-dinar-replace-fiat-money-as-currency

Currency instability often leads to economic crisis. This can be seen in period of worldwide economic recession in 1933, Mexican Peso crisis in 1995, currency depreciation in Southeast Asia in 1997 and 1998, and the Russian Ruble crisis in 1998. These crises have led to a discourse on fiat money as...