APSIA #5: Sataninc Finance

Satanic Finance | Riawan Amin | Celestial Publishing | 150 pages

After reading Celestial Management, I looked for another Riawan Amin’s book. I got Satanic Finance on UI Book Fair declared by Salam UI.

“The most important thing in this life, is not this life” that is the first quote said on the preface pages. In Riawan Amin’s opinion, life in this world doesn’t mean everything. The real life will start after exhaling the last breath. Therefore, all aspects of life should be oriented to reach His rido, without the exception of economy and finance aspect. This book learn how to face financial economy as a supporter on chasing the most important of life.

Comparing with another non-fiction books, Satanic Finance has unique way to bring finance as interesting to discuss about. The scientific explanation is told using narrative approach. The point of view is taken from satans as the carrier of world finance conspiracy. The book discussed world finance system using analogy of a life in two islands and several imagination characters. Although carrying heavy topic, this book is easy to read for every kind of reader.

The author criticizes world financial system sustained by three main pillars. They are fiat money, fractional reserve requirement, and interest. The monetary authority now cann’t pull out the root problem of economy.  Inflation decreases society’s purchasing power and gnaws social welfare.

Problem cannot be solved at the same level of awareness that created them. -Albert Einstein-

Fiat money cann’t be relied as a tool of saving value. It doesn’t have internal value such as gold and silver. Metal noble has value from market interaction. It is not determined by government doctrine. The monetary authority doesn’t need to back fiat money up with metal noble. It makes easy to be flirted on expanding unlimited money.. in the end, the difficulty of money circulation controlling causes inflation.

Fractional reserve requirement attach string to banks to save few part of funds deposited by society. That rule enable bank to put more money in the circulation. Amount of original money can be unbalanced with multiplying money.

Interest is usually considered as a natural cost of lending. Whereas it is only fake definition prompted by satan make people sheer off their holy book. Interest tend to give welfare to a few part minorities by shoving on majority’s misery.

From those three pillars, satan trap people to fall in the depths of misery. Satan want to make people far from welfare, not only from financial aspect, but also from religious aspect.