https://en.wikipedia.org/wiki/Modern_Monetary_Theory

I ask, because I've read here and elsewhere that a "proper" Islamic state would use a gold and silver standard; I don't understand how a state run on such a policy would be able to provide food, housing, healthcare and education to over a billion people with such an outdated economic policy. MMT is much more practical in today's world so I'm curious.

submitted by /u/NotAbuDharr
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