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Why the Islamic State wants to mint its own currency

Posted on 31 August 2015

The Islamic state wants to mint its own currency for circulation in the areas it controls, as part of its bid to end US supremacy, according a video released this week. The new gold silver, and copper coins will deliver “the second blow to america’s financial system of enslavement casting into ruins their fraudulent dollar note,” according to the hour-long video entitled Return of the Gold Dinar by the group’s media wing al Hayat.
But the currency will have no value outside of the area controlled by group which straddles the Iraqi-Syrian border. And the Islamic State’s status as a terrorist organisation means anyone trading in the coins risks risk money-laundering or terrorism charges………………………………………..Full Article: Source


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