Economic Progress is Not Possible Unless our Currency is Based on Gold or Silver Temporary Appreciation of Rupee Exposes Weakness in Dollar Loan Based Economy
- Published in Pakistan
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The recent Rupee temporary appreciation confirmed that by pegging Rupee to Dollar, Pakistan's economy is at the mercy of global Dollar based loans. By altering the dollar supply in the country through loans, speculator hoarding and other means, Pakistan's currency rises and falls, which affect the prices of everything in the lives of the people of Pakistan. On 12th March 2014, the Finance Minister,
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