Showing posts with label currencies. Show all posts
Showing posts with label currencies. Show all posts
Saturday, September 29, 2012
Could There Be A Chance For A One World Currency?
Would the world be a better place if it were able to share the same currency? Would it benefit the masses? Honestly, that answer has to be no. The chances of the entire world using the same currency will never have a chance to exist, let’s understand why.
The utmost important factor in argument against sharing a world-wide common monetary unit regardless what that monetary unit might be called, hinges upon one common and certain fact. The loss of each country’s ability to wage war. To begin, all countries would have to be losing their economies at the same time. And from this point forward if a common currency were put into place, each country would lose the ability to create war upon another nation…
The utmost important factor in argument against sharing a world-wide common monetary unit regardless what that monetary unit might be called, hinges upon one common and certain fact. The loss of each country’s ability to wage war. To begin, all countries would have to be losing their economies at the same time. And from this point forward if a common currency were put into place, each country would lose the ability to create war upon another nation…
Saturday, March 17, 2012
The Truth Be Told About The Dollar And Gold
I’m here today to share a secret that I exposed, which seems to keep missing out on the nightly news broadcasts. I don’t know why this information has not been at the center of media attention but it should have been in mainstream news several years ago.
For a quite a while now lots of attention has been given in the media regarding the higher costs of living such new state taxes, staple consumer goods, fuel etc. Also for those paying attention you will have seen and heard lot s of information in the news on increasing gold prices. Main stream media has been covering the economy saying all the while it is improving.
However all one needs to do is open their eyes and look to see that many businesses are struggling and shutting down. Is this improvement? We can listen to people telling how they don't have any savings left or money anymore. It’s only obvious the US Economy is getting worse. The value of the US Dollar which has also solely been used as the world’s reserve currency is faltering. Consequently most world currencies are failing along with it. Question: Why is all this happening? What can anyone do?...
For a quite a while now lots of attention has been given in the media regarding the higher costs of living such new state taxes, staple consumer goods, fuel etc. Also for those paying attention you will have seen and heard lot s of information in the news on increasing gold prices. Main stream media has been covering the economy saying all the while it is improving.
However all one needs to do is open their eyes and look to see that many businesses are struggling and shutting down. Is this improvement? We can listen to people telling how they don't have any savings left or money anymore. It’s only obvious the US Economy is getting worse. The value of the US Dollar which has also solely been used as the world’s reserve currency is faltering. Consequently most world currencies are failing along with it. Question: Why is all this happening? What can anyone do?...
Friday, March 9, 2012
Re-Examining - The Gold Standard
A sound monetary system is one in which a currency is backed by gold, at least a percentage or fixed weight of gold. This is different from the monetary system currently used in the United States and many other countries. Today, all national currencies are fiat currencies. Fiat currency is currency that has value only because of government regulation or law of which carries no intrinsic value of any kind.
At the time of the Great Depression, numerous countries went away from the gold standard since they had to pump money into their economies to stimulate growth. Having a gold standard would not allow them adequate economic flexibility. It is also true that there can actually be too much economic flexibility...
At the time of the Great Depression, numerous countries went away from the gold standard since they had to pump money into their economies to stimulate growth. Having a gold standard would not allow them adequate economic flexibility. It is also true that there can actually be too much economic flexibility...
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