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2006-05-22:  Good Idea: Kelantan Plans to Use Gold Dinar as Currency

www.bernama.com.my/bernama/v3/news.php?id=198844

KOTA BAHARU, May 21 (Bernama)--The Kelantan government will introduce the gold dinar and silver dirham as currencies in three months time and even plans to pay state public servants with the currency. ...

As gold continues to rise in value relative to fiat currencies there should be some pretty happy public servants in Kelantan, Malaysia.

To paraphrase an old commercial: “Aren’t you glad you use gold.  Don’t you wish everybody did?”  We commend Kelantan, Malaysia for taking a strong step in the right direction. Others will, hopefully, follow soon.

 

 


 

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