If you do not understand economics you are most welcome to go to the mullah of your choice and keep things simpler for your own personal things, for a society it is another matter as no society can run without a financial system which has the capability of bringing idle resources in to productive channels...
If buying and selling is taking place outside market system it is haram. There is a possibility of exploitation in this scenario.
Buying and selling money like a commodity based on market system is not haram...and this time I am not adding my personal opinion.
Again to understand any law you have to understand the intention of the law maker. For that you refer to my earlier post.
Now here's the thing that bothers me...
Who is the lawmaker u are referring to?
Plus, what market system are u implying here?
You see, when i read about Jews, their expulsion from Britain and their re-settlement, in the 17th century, I feel increasingly bound to accept the fact that the baking system that most orders are working these days are invented, classed and reinserted by none other than the Jews. From Rothschild's first bank of US, to the Federal Reserve Bank and all the way to the Federal reserve Act in the congress... That doesn't mean that the whole system is actually their contraption, but i can surely say that it is influenced. And when Islam says OPENLY that any sort or :RIBA: is haram, i feel obliged to seek further, and dwell for whats right and what's not... rather than ask for directions from an economics book.
That's why I was asking you, what system??...what lawmaker??? What market?
I hope u understand.