Imam Ghazali interestingly didn't adopt Aristotelianism when discussing markets and trade, like just price theory. Thomas Aquianas, by extension Catholics, did via CST.
I'm not particularly against initiatives like yikvot even regardless they can serve a purpose but can't help but feel (maybe I'm wrong) such projects are started with a saviour syndrome in mind?
I'm not particularly against initiatives like yikvot even regardless they can serve a purpose but can't help but feel (maybe I'm wrong) such projects are started with a saviour syndrome in mind?
Imam Ghazali interestingly didn't adopt Aristotelianism when discussing markets and trade, like just price theory. Thomas Aquianas, by extension Catholics, did via CST.
Leading Modern Moroccan Philosopher Taha Abd al-Rahman:
Ibn Taymiyyah surpassed al-Ghazali in originality and critiqued Aristotelian Logic correctly while Ghazali adopted it
"The excess of liberty, whether in States or individuals, seems only to pass into excess of slavery... And so tyranny naturally arises out of democracy, and the most aggravated form of tyranny and slavery out of the most extreme form of liberty." The Republic, Plato
The de-dollarization trend appears to be far from global:
The US Dollar’s proportion of official global FX reserves is down to 57%, its lowest in at least 30 years.
This percentage has declined -20 points since 1999, with China and, to a lesser extent, Russia driving much of the decline.
Over the same period, the combined proportion of the 4 major reserve currencies, the US Dollar, Yen, Euro and Pound, has fallen -12 percentage points, to ~87%, also its lowest in at least 30 years.
Meanwhile, roughly equal numbers of countries increased and decreased their US Dollar reserves between 2015 and 2023.
Therefore, the decline is heavily concentrated among a small number of reserve holders, suggesting the US Dollar's position in most reserve portfolios remains relatively stable.
The threat to the US Dollar’s reserve currency status appears limited.
RBI’s dilemma:
its solution to rupee weakness - FCNR(B) dollar inflows - created excess rupee liquidity.
Now, as these deposits mature, dollars flow back out, putting renewed pressure on forex reserves and the rupee.
Tighten liquidity and hurt growth;
if you don’t- risk inflation and further rupee weakness.
#fun fact that happens bc we experience life logarithmically
when you're 5 and turn 6: 1 year is 20% of your experienced lifetime, u perceive it as a long time. when you're 25, a year is 4%. for a 50 year old a year is only 2%
the more you accumulate time the “faster” it flies
@jodie6016361028 We don't get the Augustus we know without Ceaser removed, not to mention his glorification of Caesar which was for boosting his own status.