WANG

Issue 001 · Monetary Theory · Teori Kewangan

Wang bukan tetap.
Wang itu relatif.

Money does not hold a fixed value. It is always measured relative to something — goods, labour, other currencies. Understanding this changes how you see inflation, debt, and economic power.

Wang tidak mempunyai nilai tetap. Ia sentiasa diukur secara relatif — terhadap barangan, buruh, atau mata wang lain. Memahami ini mengubah cara anda melihat inflasi, hutang, dan kuasa ekonomi.

English

Fiat money teaches us to think of value as absolute.

Governments and central banks issue fiat currency — money backed by nothing except trust and legal decree. Its supply can be expanded at will. When more money chases the same goods, purchasing power falls. But the system rarely tells you this directly. Instead, you are told: prices went up. In reality, the money went down.

Bahasa Malaysia

Wang fiat mengajar kita menganggap nilai itu mutlak.

Kerajaan dan bank pusat mengeluarkan mata wang fiat — wang yang tidak disokong oleh apa-apa kecuali kepercayaan dan undang-undang. Bekalannya boleh ditambah sesuka hati. Apabila lebih banyak wang mengejar barangan yang sama, kuasa beli jatuh. Tetapi sistem jarang memberitahu anda secara terus terang. Sebaliknya, anda diberitahu: harga naik. Hakikatnya, nilai wang turun.

01
Inflation Illusion
Ilusi Inflasi
Prices look like they rise, but what actually changes is the supply of money relative to real goods.
02
Debt Dependency
Kebergantungan Hutang
Fiat systems require constant borrowing to function. The debt is never fully repaid — it is rolled over.
03
Invisible Redistribution
Pengagihan Semula Tersembunyi
New money enters the economy at the top. By the time it reaches ordinary people, purchasing power has already eroded.
04
No Anchor
Tiada Sauh
Without a commodity or real-world anchor, the currency's value is entirely political — subject to policy decisions and trust.
English

Value is always a ratio, not a number.

The Relative Theory of Money (Théorie Relative de la Monnaie, or TRM) was developed by French engineer Stéphane Laborde. Its core insight: money is not a thing with a fixed value. It is a unit of measurement for exchanges between people. Like temperature or speed, it only makes sense relative to something else.

A currency's true value is determined by what it can command in exchange — labour, goods, energy, time. When a government prints more money without producing more real value, the ratio shifts. Your purchasing power is diluted, even if the number on your notes stays the same.

Bahasa Malaysia

Nilai sentiasa nisbah, bukan nombor semata.

Teori Relatif Wang (Théorie Relative de la Monnaie, atau TRM) dibangunkan oleh jurutera Perancis, Stéphane Laborde. Intipatinya: wang bukan sesuatu yang mempunyai nilai tetap. Ia adalah unit ukuran untuk pertukaran antara manusia. Seperti suhu atau kelajuan, ia hanya bermakna berbanding dengan sesuatu yang lain.

Nilai sebenar sesebuah mata wang ditentukan oleh apa yang boleh diperoleh melaluinya — buruh, barangan, tenaga, masa. Apabila kerajaan mencetak lebih banyak wang tanpa menghasilkan nilai sebenar yang lebih, nisbah berubah. Kuasa beli anda terhakis, walaupun angka pada nota anda kekal sama.

Perbandingan · Comparison
Aspect · Aspek Fiat Money · Wang Fiat Relative Theory View · Pandangan TRM
Value Definition Definisi Nilai Absolute — set by government decree Relative — ratio of exchange between people and goods
Money Supply Bekalan Wang Controlled by central authority; can expand without limit Should grow proportionally to the productive economy
Inflation Inflasi Seen as normal and manageable at 2–3% Evidence of money supply outpacing real value creation
Who Benefits Siapa Untung Early recipients of new money — banks, institutions Ideally distributed equitably across all participants
Transparency Ketelusan Policy decisions made behind closed doors Encourages open, auditable monetary systems
"The measure of value is not the note in your hand. It is the exchange it enables — and who controls that exchange controls everything."
Teori Relatif Wang · TRM Framework
English

See the theory in action.

Numbers on paper are one thing. Watching what happens when money supply is manipulated — in real time, with real ratios — makes the theory tangible. The simulation lets you adjust monetary supply, inflation rate, and observe how purchasing power and wealth distribution shift across a population.

Bahasa Malaysia

Lihat teori ini dalam tindakan.

Nombor di atas kertas adalah satu perkara. Menyaksikan apa yang berlaku apabila bekalan wang dimanipulasi — dalam masa nyata, dengan nisbah sebenar — menjadikan teori ini nyata. Simulasi ini membolehkan anda melaraskan bekalan wang, kadar inflasi, dan melihat bagaimana kuasa beli serta agihan kekayaan berubah dalam kalangan penduduk.

Relative Money Simulator

Adjust the sliders and watch how fiat expansion erodes purchasing power over time.
Laraskan slaid dan perhatikan bagaimana pengembangan fiat menghakis kuasa beli dari masa ke masa.

Buka Simulasi · Open Simulation ↗

Gantikan pautan di atas dengan fail simulasi anda · Replace the link above with your simulation file

English

This knowledge should not stay academic.

Most people will never sit in an economics class that challenges fiat orthodoxy. That is why public awareness matters. Share this page. Start a conversation. Ask your friends: where does money come from, and who decides how much of it exists?

The goal is not to give you one answer. The goal is to make you ask better questions.

Bahasa Malaysia

Ilmu ini tidak sepatutnya tinggal dalam bilik kuliah.

Kebanyakan orang tidak akan pernah duduk dalam kelas ekonomi yang mencabar ortodoksi fiat. Itulah sebabnya kesedaran awam penting. Kongsikan halaman ini. Mulakan perbualan. Tanya rakan anda: dari mana datangnya wang, dan siapa yang memutuskan berapa banyak wang yang wujud?

Matlamat bukan untuk memberi anda satu jawapan. Matlamat adalah untuk membuatkan anda bertanya soalan yang lebih baik.