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0:08 Brail TV. 0:16 >> Peace be upon you. How are you, Mr. 0:19 Ihsanuddin Nursi? Peace be upon 0:24 >> you. 0:25 >> Yes, greetings. After years, it's 0:27 finally been proven. The first time was 0:30 Rp. 18,046. Yes, this is the US dollar. 0:37 What is it, Mr. MSCI? Many people say 0:39 this. Our listeners are heterogeneous. 0:42 I said it was like a soccer tournament, 0:44 this referee, this and that, like FIFA. 0:48 What is MSCI and what is the standard? 0:52 Ah, is this a world game about money 0:55 management? Maybe Mr. Ihsanuddin Nursi 0:59 can explain, in the midst of the 1:01 extraordinary turmoil of the forest 1:04 fires yesterday, Mr. Luthfi, the former 1:07 Minister of Trade, was grumpy when 1:09 Singapore appeared with his family 1:12 office style. We are all trusted by 1:18 Singapore, so many large companies have 1:20 their offices there. As for us, the law 1:24 is like what people call the law of the 1:25 jungle. But what happened to this 1:28 neighbor? It's different from the 1:30 neighbor next door, right? And Bang 1:33 Ihsanuddin Nursi must know who's behind 1:35 all this, our palm oil, and whose smoke 1:38 is harming us. And of course, the story 1:42 of this fire is related to B50, even 1:44 B100, now the smoke hasn't even dried 1:46 yet, and palm oil is already planted. 1:51 Many regents and mayors are grumpy, 1:52 they know there are palm oil 1:54 plantations, they say. Ma'am, where is 1:56 that? In Padang, in Sumatra, in 1:58 Kalimantan. I'll go ahead, Bang 2:00 Iksanuddin Nursih. In the midst of the 2:03 UN Secretary General's visit, 2:04 Indonesia's role seems to be expected. 2:08 We seem to have a 100-hit, uh, the 2:10 power that is used for the role of 2:13 achieving world 20, maybe, it's still 2:15 big, uh, no. Hopefully, with this new 2:18 Minister of Foreign Affairs, we can do 2:20 it. In India alone, this issue of Islam 2:23 has become an extraordinary viral note, 2:25 the pundit who said that it's 2:27 impossible, one day the world will be 2:29 taken over by Islam. This is the priest 2:31 who said it, extraordinary. And 2:34 Indonesia is the country that is said 2:35 to have the most Muslims. Is this 2:38 trying to embarrass you? Go ahead, Mr. 2:41 Iksanuddin Nursi. Anything else? Of 2:45 course, amidst the turmoil in Iran, 2:47 Israel, and election preparations in 2:50 Tel Aviv and Washington. Go ahead, Mr. 2:54 Iksanuddin Nursi, for the next 40 2:56 minutes. A story of enlightenment for 2:59 listeners who are already ready with 3:01 their coffee. Tafadoli. 3:06 Bismillahirrahmanirrahim. Subhanaka ilm 3:14 Allah sayidina Muhammad Muhammad. 3:17 Rabbana zidna ilmanna. Rabbana ilman 3:23 creates. The first is about the action. 3:32 Because the Iranian action 3:35 >> really shows 3:36 >> Oh yes, 3:36 >> resistance. 3:37 >> Hey, 3:39 >> you sell, I buy, they say. 3:44 >> This really shows 3:46 >> that big doesn't mean you can dictate. 3:50 >> Hm. 3:50 >> But on the contrary, in Indonesia, 3:52 small can dictate. 3:53 >> Now. Seriously? This is a serious talk. 4:00 This is a serious talk. 4:01 >> Yes, absolutely. Many of our listeners 4:04 are from Batam there too. 4:06 >> Okay, go ahead. Well, well, since 4:13 September 24-26, 2026, through the 4:24 >> United Nations Journal Assembly in 1981 4:27 , the UN General Assembly met on 4:30 September 24 4:34 >> when it received the threat of a 4:41 >> devastating attack or submitting to 4:43 America. There, we answered, we have 4:45 two options. The first option is, we 4:51 have an offer to increase our weapons. 4:56 If the offer is rejected, we are ready 4:59 for war. And from there, because an 5:05 attack has not occurred from September 5:09 26 until today, a statement from Trump 5:12 emerged in order to spark a midterm 5:16 election game in America. 5:20 >> Trump praised Benjamin Netanyahu as a 5:23 great partner 5:25 >> and as a closest friend, but did not 5:30 mention that Israel received 3.8 5:34 billion US 5:36 >> dollars 5:37 >> from America. 5:40 >> From there, Raki saw Trump's statement 5:43 as continuing the war, 5:46 >> continuing their war against Iran. So 5:49 Raki again stated that we are ready for 5:51 war. We also have unfinished business. 5:55 >> This means that 5:59 >> the world will continue to be in a 6:01 position of uncertainty in the economy. 6:07 The world will continue to be disrupted 6:11 in the energy supply chain. This is 6:15 what we have referred to in our 6:17 dialogue every Tuesday morning since 6:20 the name of 6:22 >> war is change, 6:27 >> not just energy prices. So, in the 6:32 apply change work, which we've 6:34 mentioned repeatedly in this general 6:36 point, it 6:38 >> includes the amount of energy supply 6:41 and, of course, its transportation, its 6:43 security, and ultimately, its price. 6:47 >> H. He. 6:47 >> So, the supply chain war is broader 6:49 than just a number of economists 6:51 stating the energy price. 6:53 >> H. 6:54 >> I'm not saying that's a narrow view, 6:56 but it shows 6:57 >> he 6:58 >> ee he doesn't follow how America has 7:02 tried to organize energy in the world 7:05 >> since the formation of Opek non Op 7:08 >> and then they faced the NX policy. 7:13 >> Today they are the largest oil producer 7:16 in the world, comparable to Saudi 7:19 Arabia. 7:21 >> Then they feel the need to have a 7:23 legend war to keep the world in their 7:26 hands through what is called the 7:29 current price through subor, 7:33 >> through digital for its payment system 7:35 and through military force. 7:38 >> Hm. That's 7:39 >> why Trump said we will destroy Iran 7:42 from a military and financial 7:44 perspective. Well, that shows what we 7:47 call in Rasil 7:50 >> a financial digital military industrial 7:54 setting, 7:57 >> eh financial digital military 7:59 industrial complex. If we use academic 8:01 language, 8:03 >> in that language, ee we show that 8:06 America is using all its power to 8:10 suppress Islam. Hm. 8:13 >> Well, to the point of suppressing Islam 8:14 , that's what happened in India. 8:17 >> Hmm. That's 8:20 >> what happened in India. 8:23 >> And in India, it turns out they can't 8:26 even record Islam. 8:27 >> Right. 8:29 >> Because, uh, uh, I always think they 8:31 want to at least nullify 8:35 >> the role of the Muslim community in 8:36 India. Huh. 8:38 >> Meanwhile, yesterday, on one trip, I 8:41 still encountered Tablig congregations 8:43 from India and Pakistan, 8:47 >> and I asked them about them using their 8:49 own money 8:50 >> to preach in Indonesia, and they went 8:54 to Bali. 8:56 >> Hmm. 8:57 >> When the queues in Bali were long, they 8:59 were actually in a position to preach 9:00 about Islam. Look, those Tablig 9:02 congregations are extraordinary. Right. 9:06 H, 9:08 >> we were chatting, and at first glance, 9:10 their enthusiasm is extraordinary. 9:12 Their 9:12 >> passion for preaching is extraordinary. 9:14 We have to admit, Tablig congregations 9:16 are indeed. And they use their own 9:17 money. 9:18 >> Yes, that's right. Their sincerity in 9:20 >> using their own money. 9:22 >> So, let's get back to the question of 9:25 where they stand? Well, from there, 9:29 it's clear that the FT1 dialogue, along 9:33 with Trump's meeting with Jinping in 9:36 Washington, didn't actually provide a 9:40 sufficiently reassuring outcome for 9:43 international geopolitics in the 9:46 context of trade, the economy, and 9:50 peace. Well, from there, when Antonio 9:54 Guterres, as UN Secretary General, came 9:56 to Indonesia 9:58 >> and made a statement about the Security 9:59 Council. 10:01 >> Yes. 10:02 >> In our studies two weeks ago and a week 10:05 ago, we already said that the Security 10:07 Council had completely failed because 10:10 they vetoed each other. 10:12 >> Hmm. When China and Russia played their 10:21 role on Iran, they were vetoed by 10:23 America, right? 10:25 >> Yes, that's right. Ukraine, 10:27 >> they vetoed each other. When America 10:29 then played a position on the Ukraine 10:31 war, it was vetoed by Russia and China. 10:34 You know 10:35 >> what that means, it means that 10:38 >> UN security is only protecting its own 10:40 group, itself, and its own alliances. 10:43 >> Well, from there, we have to look at 10:45 war alliances, defense alliances. 10:48 >> Huh, 10:49 >> yes. Of course, NATO has become 10:50 stronger, stronger. But it turns out, 10:54 or in my comparison that I presented at 10:56 the Sunda Kelapa Mosque, 11:01 >> comparing it isn't enough to just look 11:03 at how Iran is holding its own, but we 11:05 also have to look at the organizations 11:07 that directly or indirectly shadow them 11:09 . 11:11 >> Hmm. 11:11 >> For example, 11:12 >> yes, 11:14 >> Israel and America, for example, the 11:16 organizations behind them are at least 11:19 NATO and the G7. Huh, 11:22 >> like that. 11:22 >> Yeah. 11:24 >> Meanwhile, if Iran doesn't like it, 11:25 it's together with Brick and together 11:27 with the Shanghai Cooperation 11:29 Organization. 11:30 >> H. 11:32 >> Oh, from here, we'll really reveal how 11:34 this fight is going. Even though they 11:37 haven't stated a single fact of joint 11:39 defense for the SCO and for bricks, at 11:41 least they will help each other in the 11:43 interests of their respective countries 11:45 . Well, here it turns out, 11:49 >> Hm. The shift from unipolar to 11:53 multipolar has given birth to 11:55 agreements that are only bilateral in 11:59 nature. Well, it appears that what is 12:03 actually happening is that each country 12:05 is protecting itself. 12:07 >> Hm. He. 12:10 >> Well, this format of each country 12:13 protecting itself shows that America's 12:16 most recent behavior is indeed only 12:18 concerned with itself and its alliances 12:21 . Heeh. He. 12:24 >> Ah, that's what's considered unfair. 12:26 For example, imposing economic 12:28 sanctions, attacking here teaches the 12:31 world that America's hegemonic and 12:33 dominant actions are based solely on 12:36 its own national interests, not on 12:38 shared global interests. The UN 12:42 Security Council isn't functioning, but 12:44 at the same time, the 12:47 >> General Assembly can't reach any 12:51 agreement. In the end, uh, besides 12:54 justifying global issues, you agreed 12:59 not to accept, for example, 13:02 >> pandemic prevention, preparedness, and 13:05 response. So, the pandemic attacks from 13:10 Western countries against other 13:11 countries at the UN General Assembly 13:13 yesterday failed. 13:16 >> Oh, 13:18 >> that's a failure. Imagine, they had 13:21 reached an agreement through an 13:23 amendment to the international health 13:25 regulations, and they agreed to it at 13:28 the World Health Organization (WHO). 13:32 But when they brought it to the UN, 13:35 Global Security argued that pandemic 13:37 prevention, preparedness, and response 13:40 actually showed the West was 13:42 maintaining its dominance in the field 13:45 of pathogen genomes and vaccine 13:47 technology, so the global security 13:49 ultimately rejected it. Well, this is a 13:54 lesson from the COVID-19 story, a 13:56 lesson from the 2020 vaccine. Hmm. So, 13:59 >> when the UN Secretary-General appears 14:02 in Indonesia, the big question becomes, 14:05 what mission is he bringing? Because 14:08 global sovereign wealth funds are 14:10 strengthening on one hand, but on the 14:11 other hand, from the perspective of the 14:13 global sovereign power struggle, even 14:15 though Indonesia participates in the 14:17 global sovereign power, in reality, if 14:19 Indonesia succeeds, the relationship 14:21 will be determined by Washington. 14:24 >> Hmm. In 14:26 >> what indicators? Yes. There are 14:27 >> many indicators. Hmm. There are 14:29 >> many indicators. Macro indicators, for 14:32 example. 14:33 >> Hmm. 14:34 >> Indonesia has become an offtaker for 14:36 American energy. An offtaker for Boeing 14:39 , an offtaker for food. The total is 14:43 approximately US $ 33 billion. 14:47 Indonesia must spend US $ 33 billion on 14:50 America. 14:52 >> At the same time, Indonesia signed a 14:55 PRORT extension 14:58 >> until 201. 15:01 >> What in the agreement is called the 15:04 life of the resource. This means that 15:06 until the last deposit point, the EE 15:09 will continue to be drained. It's true 15:14 that 12%has been divested, but at the 15:17 same time, on a micro level, but also 15:19 in macro terms, Indonesia is under 15:22 pressure from MSCI. 15:25 >> So, what is MSCI? 15:28 >> What is it? Where else is it for the 15:29 local market? 15:31 >> Hmm. 15:33 >> MSCI is a rating agency, but its owners 15:37 are Vanggard and Black Rock. This is 15:44 what the public should know: the MSC is 15:47 a rating agency that directs investors 15:51 >> to invest in developing countries. 15:54 >> Yes. 15:57 >> This means they look for places where 16:00 money can grow and generate profits 16:02 through financial transactions via the 16:04 capital market. That's why they create 16:09 an index. They create an index. 16:12 >> Now, when they create an index, they 16:15 assess the 16:17 >> indicators. So, the concept, the 16:20 variables, and the indicators are what 16:22 give rise to the index. Let's repeat. 16:23 >> Yes. 16:24 >> There's a concept, 16:26 >> there are variables, there are 16:28 indicators. Ultimately, the result must 16:30 be an index. 16:32 >> The index, for example, has several 16:35 indices within it, uh, the index is 16:39 about how accessible the market is. The 16:43 market shows whether it's open or not, 16:46 so they call it transparency. What's 16:48 interesting is, imagine, it's investors 16:52 who are asking, not emitters, oh, 16:55 investors in black, that rockuard, 16:58 right? Hehe. 17:00 >> Yes, it means that investors are asking 17:03 , not if not, even if we take it now, 17:05 we'll conduct studies, uh, proportional 17:07 studies first. 17:09 >> Yes. 17:10 >> This means that 17:13 >> investors who are interested in a 17:15 coordinated market, a transparent 17:17 market, are in a position of 17:20 >> transparency regarding who the 17:22 investors are. 17:23 >> They demand transparency regarding who 17:25 the investors are. Investor 17:26 transparency, right? Market 17:27 transparency, right? Then what is 17:30 transparency about ee? Next is the 17:33 issue of coordinating the market, a 17:35 coordinated market. 17:37 >> Then the next issue is how, uh, preflow 17:40 , preflow limits to determine the 17:42 preflow, or the number of ee shares 17:45 entering the capital market. 17:48 >> How big is it in the capital market? In 17:52 fact, in the world of capital markets, 17:56 in the world of money markets, cat and 18:00 mouse like that is commonplace. The 18:04 >> main issue is whether the cat and mouse 18:06 are rough or 18:09 >> subtle, open or hidden, that's another 18:12 matter. 18:13 >> He. 18:15 >> But they still play around behind the 18:18 scenes. That's why it's known as style 18:22 over. 18:24 >> They do, uh, 18:26 >> ee, go into the capital market from the 18:28 back door, so they get good things, 18:31 right? For example, like that. For 18:32 example, H, 18:34 >> a company, for example, e, a company 18:37 that is not publicly listed, buys 18:39 shares in a public company, so it also 18:41 becomes a public company, right? 18:44 >> Yes, there are many 18:47 >> examples like that. Well, ee, from 18:50 there, MSCI Morgan Stand Capital 18:53 International requires transparency 18:55 regarding who its investors are. Well, 18:58 they accused 19:00 >> H of having 19:00 >> a number of investors related to 19:02 issuers. Well, that shows the name 19:04 coordinated market. 19:06 >> H, 19:07 >> even though what is called a 19:08 coordinated market can be a long-term 19:09 matter, there can be various things 19:11 within it. Ah, Indonesia, if we say ee 19:16 e, stocks are being manipulated, right? 19:22 And interestingly, here, since the MSC 19:24 was established from June until now, 19:25 the term "stocks are being manipulated" 19:27 has not appeared. 19:30 >> That could illustrate that the 19:32 Indonesian capital market has weak law 19:34 enforcement. The Indonesian market is 19:38 poor in talking about coordinating 19:39 markets. The Indonesian market is poor 19:42 in talking about enforcement. Well, law 19:45 enforcement is related to transparency. 19:48 So, from there, the big question is, 19:51 how can one private rating agency 19:54 dictate 19:55 >> its influence to a country? Let's take 20:01 >> two investors, 20:03 >> H, 20:04 >> he, they do ratings like that. 20:06 >> Yes. ee ranking of the stock price 20:09 index ee yes ee IDX like that. 20:11 >> He can provide that, right? That means 20:15 he's standardizing, right? 20:16 >> Yes. Hm. Yes of course. 20:18 >> Okay. Now, if we agree, they 20:21 standardize how a corporation 20:23 determines the standardization of a 20:25 country. 20:27 >> Hm. 20:27 >> Ahah. That's where the 20:30 >> problem is, viewers. 20:34 >> Whose voice was that just now? Come on, 20:36 let's continue, bro. 20:40 >> I heard a voice just now. Spletan. 20:45 Continue, bro. 20:47 >> Okay. Well, from there, if that's the 20:51 story, 20:53 >> then the big problem becomes what I 20:58 call how Indonesia is subdued in five 21:02 ways. This is my interview with Aksan 21:05 Talib too. 21:06 >> Yes, I have. Hm. 21:09 >> Subduing Indonesia through regulations. 21:12 >> Hm. 21:13 >> E they make rules. Because we are 21:17 related to the international world, you 21:18 have to comply with international 21:19 regulations. 21:21 >> Even though from an international 21:23 regulatory perspective, it definitely 21:25 benefits those who are in the name of 21:27 international. For example, funcard and 21:29 black rock. H. 21:30 >> Well, that's it. 21:31 >> Yes. Standardization has been 21:35 determined, right? This is the first 21:38 regulation that determines 21:39 international standards. 21:43 >> Ee if it's not like this, you're busy 21:46 with ISO 11,000, ISO 9,000 is part of 21:49 standardization. Hm. 21:52 >> Okay. 21:53 >> Yes. To show that you're indeed 21:55 entering the global stage. Yet once 21:58 again, both international 21:59 standardization and regulations remain 22:01 in the position of the measurements 22:04 they establish for others. 22:07 >> In order for them to judge others like 22:09 that? I judge the end of Thalib's shirt 22:12 XXL with short sleeves, the collar is 22:16 like this, the pockets are like this, 22:18 the bottom pockets are like this, the 22:20 length is like this. Even though the 22:22 XXL shirt of Ahisan Valid doesn't fit, 22:24 but it's forced to fit. That's an 22:27 example. That's what is 22:30 >> called regulation and standardization. 22:33 The third one mentions reputation. 22:37 >> Yes. 22:38 >> Well, for this reputation, it's not 22:41 just the reputation of the system, not 22:43 just the reputation of the organizer, 22:45 but the reputation of the person. Oh, 22:49 the person is affected. Heeh. 22:52 >> Yes, people are affected by resistance, 22:55 they are 22:55 >> replaced. 22:58 >> They are replaced, but there are some 23:00 who they consider not 23:02 >> Heeh. Heeh. Why is it now replaced, for 23:04 example, the results 23:06 >> as a replacement for Purba are still 23:07 like this? 23:08 >> Yes. Heh, right. Well, here's evidence 23:11 that Indonesia has signed a 23:14 >> trade agreement with the United States. 23:17 Indonesia has signed a private foreign 23:19 exchange agreement, 23:21 >> but its neighbors are still 23:22 dissatisfied with Indonesia's position. 23:25 So, the big question 23:28 >> is this: 23:29 >> Why are the neighbors of Puerto Rico, 23:31 the 23:32 >> neighbors of Boeing, and 23:34 >> other neighbors still dissatisfied with 23:37 Indonesia? Well, this is where 23:40 suspicion arises. Well, the issue of 23:42 credibility arises, 23:44 >> the system being worked on emerges. 23:46 That's the last one, right? Then they 23:49 create supervision. 23:52 >> Hmm. 23:54 >> They create supervision because of 23:56 their systematic work. Well, there are 23:59 five things like that. So there's 24:03 standardization, there's regulation, 24:05 there's reputation, right? Then next 24:08 comes determining credibility, 24:10 determining supervision. This is what I 24:14 call the 7 I's. 24:17 >> Hmm. 24:18 >> There's invasion, there's intervention, 24:21 there's infiltration, there's 24:22 interference, right? There's 24:25 indoctrination, there's intimidation, 24:28 and then inflation occurs. So, just 24:32 like what Destri did, and Hartato 24:34 Danasil did when reporting to the 24:36 president yesterday about the economic 24:39 report, the 24:42 >> language remained within that scope. 24:44 What does that mean? Indonesia has 24:47 indeed been subjugated by the 24:48 international system. 24:50 >> Hmm. 24:51 >> So, if the dollar is at Rp 18,046 R6 24:54 today, it's because Indonesia is 24:57 stitching itself together, linking its 25:00 economy to the international economy. 25:04 And at the same time, here's the 25:07 recognition that dedollarization is 25:09 taking place, which Washington and New 25:12 York themselves don't want to happen. 25:17 Indonesia is joining the bandwagon by 25:18 joining the BRI to participate in 25:20 desolarization. What are the indicators 25:26 ? The indicators are visible. 25:29 >> The indicators are visible. 25:30 >> Hmm. Yes. In 25:31 >> January, Indonesia joined BRIX. 25:34 >> Huh. On 25:34 >> February 18, Indonesia signed a trade 25:38 agreement and FTX, right? Then, not 25:42 long after, it was hit by various 25:44 series of attacks. Hit in June, hit now 25:48 in October, consecutively. What's the 25:50 point? The point is, in our language, 25:54 the bar is not a double standard. 25:58 >> They're playing multiple standards. 26:02 Basically, what's good for me, and I 26:04 get everything, you want, like teeth, 26:06 how? I don't care, it has nothing to do 26:08 with me. 26:11 >> You have to follow me. Hey, I have a 26:13 relative who has already made a profit, 26:16 right? My relative. I haven't. Huh. 26:21 >> Well, those are the toys, like that. 26:23 Well, if we look at it that way, the 26:25 big question becomes this. Does that 26:29 mean this nation has long been trapped 26:32 in a system, right? Yes. That's what 26:35 John Perkin mentioned. 26:37 >> Hmm. 26:38 >> In his three books and his latest book, 26:40 he even mentioned the art of stealing. 26:43 Uh, stealing in quotation marks, the 26:45 art of taking advantage of others. What 26:48 method did you use? It was exposed. 26:50 First, it was about debt. 26:52 >> Second, it was about intimidation, 26:56 >> right? What MSCI did was indoctrination 26:59 and intimidation. 27:01 >> Oh, 27:02 >> indoctrination through regulations, 27:04 intimidation through provisions. 27:05 Indoctrination like that. But then it 27:07 gave birth to an intimidating attitude, 27:09 right? 27:10 >> Intimidation of fear from many parties 27:11 who play in the modern market. So the 27:13 question becomes this. The question is, 27:16 what is the influence of the Indonesian 27:19 capital market on the Indonesian 27:21 economy in general? 27:23 >> Right? 27:26 >> These are people who just lie down and 27:28 don't work in the field, right? 27:32 >> Yes. So, in 27:35 >> reality, these people are playing with 27:38 perception. 27:39 >> Hmm. 27:40 >> The term market sentiment is like that, 27:42 right? 27:43 >> Yes. Right. Right. Market sentiment, 27:46 right? Now, when we talk about market 27:49 sentiment, what is the measure of 27:50 market sentiment? If it's positive, 27:53 where is the negative sentiment? Why 27:55 use the term sentiment? 27:58 >> Because they are actually playing with 28:00 perception. Now, when we pursue 28:01 perception, where is it? 28:03 >> Well, the measurements of the high and 28:05 low stock prices. 28:07 >> Hmm. 28:08 >> Uh, why is that stock price? Well, 28:10 there comes the question of, ah, in the 28:13 end, it's 28:14 >> close to gambling, right? In the end, 28:17 heh, 28:17 >> close to gambling, in the end, from an 28:20 >> Islamic perspective, it's close to 28:21 struggle. Now, if we then go into the 28:24 evidence, there are sufficient debt 28:26 securities. Now, let's 28:28 >> ask back now. Let's ask back now to 28:32 those people. 28:34 >> Those calculations are based on 28:36 accounting. What if we use a Western 28:39 accounting basis? What is in Western 28:42 accounting? Is there honesty? Is there 28:47 greed? Is there a perception game? Is 28:50 there usury? It's the same thing. 28:52 >> It's the 28:53 >> same with sukuk. It's the same with 28:55 sovereign sukuk. How is the calculation 28:58 mechanism? How is the accounting 29:00 carried out? 29:02 >> How is the honesty recorded? Is there 29:04 an element of greed? What are the 29:05 benefits? 29:06 >> What if the benefits are used to pay 29:08 off usury debt? 29:10 >> Yes, that's a rotten debt like that, 29:13 right? 29:16 >> Yes, that's what ultimately points to 29:20 what I call being 29:23 >> caught on the wrong path. 29:26 >> I don't disagree with the issues of 29:28 what MSCI is doing, but we also have to 29:31 criticize MSCI. Why can a corporation 29:34 dictate to the state? That's a big 29:36 problem. H 29:38 >> state resilience. Why did this ever 29:40 happen to 29:41 >> why why people in Iran are so strong, 29:45 huh? See, how can they be beaten and 29:48 what are they doing? Huh, uh, 29:51 >> even now they can accept students from 29:53 Azerbaijan who are not allowed to wear 29:55 the hijab. Uh, uh, how does Bangudinus 30:00 see it? 30:02 >> Uh, I haven't seen the Azerbaijani 30:04 students whose hijab they accept. 30:06 >> Huh. 30:06 >> But let's see first. Let's see first. 30:10 Why did they dare to accept...uh, why 30:13 did the international market, 30:15 >> or then a number of Indonesians 30:18 >> join in saying, look at Iran? Hmm. 30:21 >> 1 million to 2.5 million Iranian riyals 30:22 , that's what they say, right? 30:25 >> W, right, and Iran is still alive. Well 30:27 , that's the perception of fiat money. 30:30 >> Oh. H. That's 30:33 >> what I said when we sat together, this 30:35 result, your money is like this. Like 30:38 that. Remember when I taught that 30:40 >> paper is just perception, playing with 30:44 >> perception. Well, at the time, that was 30:47 right. H, 30:49 >> Iran, Iran, and China conducted oil 30:55 sales transactions because 75 to 80%of 30:58 Iran's oil was bought by China, and 31:01 China bought it. 31:02 >> Yes. 31:03 >> That was transacted in yuan. 31:05 >> He. 31:05 >> Now, what's the yuan's size? That's 31:07 right. 31:08 >> Right. 31:08 >> What's the yuan's size? What's the 31:10 standard? Still, they ultimately sought 31:12 the value of gold 31:14 >> as a stable value. There was an anchor, 31:16 there was an anchor. So there was an 31:19 underlying asset. 31:20 >> H. 31:22 >> Well, while the dollar's underlying 31:24 asset is unclear, it's merely hegemony, 31:28 >> merely dominance. 31:30 >> Well, that's where the battle is very 31:32 big. So, uh, maybe I'm happy today. I'm 31:38 happy, yeah. I'm grateful because I can 31:42 explain to the listeners of the TV 31:44 report review ratio, which is called 31:46 how the global economy is based on the 31:49 virtual, the basis 31:51 >> is artificial, the basis is false. 31:55 >> Hmm. Yes. 31:57 >> Well, the falsehood comes from Vietnam. 31:59 Well, the falsehood of Vietnam, which 32:01 fell a century ago, caused the Ottoman 32:04 Empire to fall into 32:05 >> debt, and so on, from debt and 32:08 >> debt. And so on. Because of import 32:12 dependence, also 32:13 >> due to the mistakes and the role of the 32:15 palace. Three big mistakes. 32:16 >> Wastefulness. The 32:17 >> palace's mistake of not caring about 32:19 the people. 32:20 >> Large debt, dependence on imports, fell 32:23 , and then it was 32:25 >> hit by England. 32:29 >> Well, that's where money comes into 32:30 play. Well, that's where I wrote, 32:33 that's where money means sovereignty. 32:39 The currency is weight. 32:41 >> Hm. 32:45 >> The lower the weight of the money, the 32:45 lower the weight of sovereignty. The 32:48 higher the value of money, the higher 32:50 the value of sovereignty. Let's now 32:52 exchange the term sovereignty for 32:54 self-esteem. H 32:56 >> h. 32:56 >> Money is self-esteem. 32:59 >> The lower the value of money, the lower 33:02 our self-esteem. The higher the 33:05 currency, the higher the value of our 33:07 self-esteem. We categorize our 33:09 self-esteem based on our 33:10 self-confidence. 33:12 >> H. 33:12 >> The lower the currency, the lower our 33:14 self-confidence. 33:16 >> The higher the value of the currency, 33:18 the higher our self-confidence. That 33:22 was the blow to Indonesia in 19798 that 33:25 continues to this day. 33:29 >> What does it mean? It means that our 33:32 self-confidence, our self-esteem, is 33:34 being manipulated by the market. My 33:38 reiteration 33:40 >> proves that today, from 19798 to today, 33:46 >> is proof that 33:48 >> our self-esteem, our self-confidence, 33:51 and our sovereignty are being 33:53 manipulated by the market. That's 33:58 because we allowed our currency to be 34:01 released into the free market without 34:03 following solid requirements. 34:07 >> Hm. 34:09 >> Well, usually if you enter AI, you will 34:11 be attacked by AI. Ah, there are also 34:14 countries that continue to practice 34:16 free markets for their currencies, but 34:17 not like Indonesia. AI forgets that 34:19 Indonesia lacks five things. Heh. 34:23 >> Indonesia doesn't have high foreign 34:25 debt. 34:25 >> None. H. 34:28 >> Indonesia doesn't have high foreign 34:30 debt, just a big one. 34:32 >> Second, Indonesia is dependent on 34:34 imports. 34:35 >> Hm. 34:35 >> Indonesia is dependent on imports. 34:38 >> Is that so. 34:38 >> He. 34:39 >> Second, third, Indonesia is dependent 34:42 on debt. What do we look at? In its 34:45 state budget (APBN). Fourth, Indonesia 34:49 has been successfully subdued by 34:51 international trade, international 34:52 trade regulations, both trade and 34:54 international finance. That's 34:56 interesting there. 34:58 >> Fifth, Indonesia is subject to, even 35:00 though they don't admit to being 35:02 subject to or refer to the interest 35:05 rate, its relationship to federalism. 35:08 >> Oh, 35:09 >> even though the dollar and the rupiah 35:11 are different currencies. How can you 35:13 submit to the Fed 100 when the SRB also 35:15 refers to it. What's the logic? 35:19 >> Ah, this, this, this, this logic. This 35:20 is the logic. 35:22 >> Eh, I was referring to the weight of A 35:25 Hanib. 35:26 >> Hm. 35:27 >> Even though the weight of A Hanib is 35:28 the same as Ihsan's in Indonesia, it's 35:30 different. Is the logic correct if I 35:33 have to refer to the weight? No. It's 35:36 impossible. 35:39 >> Those are examples, brother. Sorry. 35:41 Sorry, I want to 35:42 >> refer to the current economic problems. 35:45 That's the problem, right? 35:47 >> Absolutely. So, I don't mean I'm asking 35:50 for forgiveness from Talib, because I 35:52 want to simplify the problem so it can 35:54 still be understood. Because financial 35:57 problems in 35:58 >> many people's eyes are complicated, 36:01 complicated. How did it turn out like 36:03 this? 36:03 >> MSI's explanation alone is complicated, 36:05 you know. 36:06 >> Yes. Because not everyone is involved. 36:09 They know why the dollar is rising, 36:11 imported sugar is rising, goods are 36:12 rising, and so their pockets are empty. 36:14 That's how it's simplified. 36:17 >> Okay. 36:17 >> Okay. Now, what's the connection to the 36:19 economy that we haven't answered yet? 36:20 The connection is the exchange rate. 36:23 >> The more chaotic our exchange rate is, 36:25 the more unstable prices become. Hmm. 36:28 >> Meanwhile, our exchange rate depends on 36:30 inflation and interest rates. 36:33 >> Hmm. 36:34 >> Well, that's where we're affected 36:36 because we're dependent on imports, uh, 36:38 we're known for low price stability. 36:40 That's where our economy is affected. 36:43 So that's how it is. 36:44 >> Well, imagine what 36:46 >> I mean by being caught in a false path. 36:50 >> Not to mention the unresolved local 36:53 issues, waste, cooperatives, and MBG. 37:03 Not to mention the political status of 37:06 the mortgaged constitution. These 37:10 stories pile up. So, what's the problem 37:13 , Mr. Prabowo, or are we just seeing it 37:16 ? What's the problem, bro? Isanuddin 37:20 Nursi sees us looking at the mess in 37:23 this country, or is it self-perception? 37:27 In the end, many people just think of 37:29 God. Ah, what's really happening, sir? 37:33 >> If it's at that level, 37:36 >> H, 37:39 >> it's because we're standing on a false 37:42 foundation. 37:44 >> Hm. H 37:46 >> talked about Gibran, for example. 37:48 Gibran's 37:48 >> current 37:49 >> reflection is all falsehood. 37:50 >> Falsehood, all demonstrations are 37:52 >> falsehood. 37:54 >> Then when we talk about the 37:56 constitution, 37:57 >> the constitution is called the 37:58 Constitution of the 1945 Constitution. 38:01 >> Even though it's not a fake 38:03 Constitution. A 38:04 >> constitution that refers to the 38:06 Constitution, but not the 1945 Law. 38:08 >> Hm. Because they say the four 38:10 amendments 38:12 >> to the 5th Constitution are the 1945 38:15 Constitution, which was enacted on 38:17 August 18th and confirmed by the 38:19 President. How can the four amendments 38:22 be equated with the original? Our 38:26 foundations are all fake. 38:29 >> Even the Kajeng Commission, the 38:30 Constitutional Commission, said there 38:32 were paradigmatic inconsistencies. Huh. 38:36 >> Then there are also inconsistencies in 38:38 values and state administration. 38:42 >> Even writing a thesis doesn't pass the 38:44 inenception test. 38:46 >> That's it. This inconsistent 38:49 constitution is still being enforced. 38:50 What's the logic? 38:52 >> Repeat, repeat, repeat. 38:55 >> Inconsistencies in writing a thesis 38:58 don't even pass. 39:02 >> Most Indonesians still maintain 39:04 consistency in the constitution because 39:06 they are euphoric about their 39:08 liberalism. Just imagine, 39:13 >> they are proud of their liberalism. 39:17 Meanwhile, the liberalism they see in 39:19 America has shown extraordinary social 39:22 ills. Look, look, look, the widespread 39:26 demonstrations in Europe. 39:29 >> Wow, this is also a social problem, 39:31 it's also a welfare issue, another 39:34 problem is that prices 39:37 >> are spreading everywhere, 39:38 >> just because there are more, he 39:40 continued, Bang. This also has an 39:43 impact everywhere. 39:45 >> This means the world is having a story, 39:49 >> ee, the story of the demonstrations in 39:51 France, the demonstrations in Italy, 39:53 the demonstrations in Albania, the 39:54 demonstrations everywhere, the 39:56 >> key words are about the cost of living, 39:58 >> about social spending, 40:00 >> about government responsibility, about 40:02 government accountability, government 40:04 public accountability, that's it. So, 40:07 what Iran said is true, this is not a 40:09 nuclear war. This is more than a 40:11 nuclear explosion in the Strait of 40:12 Hormuz, going everywhere. This is just 40:14 a slow explosion. Well, maybe Bang 40:18 Iksanuddinsi will close this story with 40:20 ee, what in our final minutes. Go ahead 40:24 , Bang. The main enlightenment from the 40:27 story, ee, we've been talking for 38 40:29 minutes, is 40:31 >> that we have to look at the latest 40:34 developments, okay? I always say 40:39 honesty is a universal currency. 40:42 >> Hm. So, you can make mistakes and then 40:50 have the determination to correct them, 40:52 but you have to be honest. 40:56 >> In other words, the government doesn't 40:58 need to cover up. So, eh, bro, when I 41:01 used to argue with the Susilo Bambang 41:04 Yudhoyono regime 41:07 >> over the Centuri issue, yeah, that's it 41:09 . 41:09 >> Ah, I will firmly state that the 41:12 government must be honest about how to 41:14 deal with the financial crisis, the 41:16 source of which is the trade crisis, 41:19 the perpetuation of the trade war. 41:21 >> Oh, 41:23 >> the answer is this, this, this. On the 41:25 one hand, they don't declare a crisis, 41:26 there's no crisis, but on the other 41:28 hand, they carry out a bellout, bro, 41:29 Centuri Bank. What's the logic? That's 41:34 an 41:34 >> example, that's an example. 41:35 >> Yes. 41:36 >> One example, right? Wow, they defended 41:38 it to the hilt, including 41:40 >> Purbaya Yudisadewa at the time, clearly 41:43 defending the 41:44 >> bellout, that's right. All the 41:47 economists were right except Ihsudin 41:49 Nursi alone, 41:51 >> until he was beaten up and carried out 41:53 a character assassination in the House 41:55 of Representatives. Oh, you have no 41:57 reputation, you have no credibility, 41:59 you know, being hit by two major media 42:02 outlets, right? Honesty is indeed 42:07 expensive. 42:08 >> Right. 42:10 >> But then they campaigned. Honesty is 42:13 great for getting into the Corruption 42:14 Eradication Commission (KPK). And they 42:15 also campaigned. Try to 42:17 >> rub them double standards. Well, this 42:19 is what we're facing. You don't know 42:22 who the players are. I know the players 42:24 . 42:24 >> Yes, yes. The more you know, the more 42:27 you know, the more you get confused. 42:29 Bro, 42:32 >> I told my son I know exactly who the 42:34 players are. 42:36 >> H is usually like that. 42:39 >> But they, 42:41 >> he, e, usually they're not just double 42:43 standards because they follow the 42:45 American model. Multiple suitable 42:48 standards, standards, kumaha kewaitu, 42:51 >> rhythm of the wind, wherever they go, 42:53 follow there, like that. Yes, 42:55 >> yes. Ah, mamiri wind. 42:59 >> Well, what it means is that when ee 43:02 followed mamiri wind, if using the term 43:05 , it's 43:06 >> proof 43:08 >> that the pragmatism mindset has become 43:11 institutionalized and cultured 43:16 >> because the mindset is pragmatism, 43:18 >> so it's no surprise 43:21 >> that secularism has become cultured in 43:24 Indonesia. So the result is a lack of 43:27 honesty, 43:29 >> pragmatic behavior, right? So again, 43:34 >> minus, eh, lack of honesty, right? 43:38 >> Secondly, then pragmatic, 43:40 >> then secular. 43:42 >> So it's no surprise that most 43:44 Indonesian Muslims are just foam. 43:47 >> That's right, that's what we shouldn't 43:49 >> do. Well, 43:50 >> we shouldn't accuse others like I did. 43:53 Hey, 43:54 >> I'm sorry, I'm not accusing anyone else 43:56 . 43:56 >> Yes. 43:57 >> You can see I almost don't want to 43:59 accuse anyone by name, except 44:02 >> like the Quran refers to Pharaoh, Haman 44:04 , and Qarun. 44:05 >> Oh, it's already clear or mentions Abi 44:07 Lahab, right? For example, there are 44:08 those who are explicitly mentioned 44:10 there, Abi Lahab. 44:10 >> That's right. 44:11 >> Qarun, Pharaoh, Nan, right? And they're 44:14 not names, they're symbols. Continue 44:17 with the 44:17 >> symbols, right? Heeh. 44:20 >> Now, if we look at it that way, so that 44:22 we don't fall into the same pitfalls of 44:25 lack of honesty, pragmatism, and 44:27 securityism, we have no other way but 44:30 to follow the Prophet's footsteps and 44:32 continue to speak and adhere to the 44:35 teachings of the Quran. 44:37 >> Masyaallah. Masyaallah. There are other 44:40 ways because, uh, people in the world 44:42 have movements. So, there's an 44:45 interesting comparison when we see the 44:46 movement of the world's Muslim 44:47 population, which 44:48 >> continues to 44:50 >> approach the Christian population. 44:52 >> Hm. Hm. 44:53 >> Until they themselves conclude this, 44:55 the increase in the number of Muslims 44:57 does not mean an increase in the 44:59 quality of life to such an extent. Try, 45:01 sir. 45:01 >> Hm. 45:03 >> Until they make that quantity doesn't 45:05 show the quality, they say, to defend 45:07 themselves that their numbers are 45:09 shrinking and to declare that behind 45:11 those words their quality of life is 45:13 much better. 45:14 >> H. 45:14 >> Well, we can look at ourselves. 45:17 >> H. 45:17 >> We are the majority in terms of 45:19 quantity, but our quality is indeed bad 45:21 . Well, let's improve the quality of 45:24 our lives, our quality of life. Well, 45:27 quality of life. The quality of life 45:30 that we must improve is not based on 45:32 western standards. 45:34 >> Hm. Turn around, 45:36 >> leave the quality of life based on 45:38 western standards. Because quality of 45:41 life based on western standards is like 45:43 that, 45:45 >> publicizing the private, right? 45:48 Privatizing the public. 45:49 >> He. 45:51 >> I repeat. I repeat. He. 45:53 >> This is my last sentence 45:55 >> because the western mindset is 45:57 publicizing the private, debating the 45:59 public. 46:02 >> Because the motive is only one, 46:03 materialism. 46:06 >> Meanwhile, materialism is a form of 46:08 resistance to Allah Subhanahu wa taala. 46:13 Subhanakallahum wabihamdika asu anum. 46:21 Assalamualaikum warahmatullahi 46:22 wabarakatuh. May 46:23 >> the peace, mercy, and blessings of 46:25 Allah be with you too.