currency wars

[omar07]

There has been a lot of pressure placed on China regarding its peg to the U.S. dollar.
why these western countries eager to bring down chinese fast moving economy ?
everything is made in china anyway these days, even the people who are against it have
enjoyed cheap products from there. They say Chinese is manipulating it's currancy.


who would you like to see take the role as world reserve currency?

[ToughGong]

Here's the lowdown

[youtube]8P1fihT5B7o&feature=related[/youtube]

[yunis09]

There has been a lot of pressure placed on China regarding its peg to the U.S. dollar.
why these western countries eager to bring down chinese fast moving economy ?
everything is made in china anyway these days, even the people who are against it have
enjoyed cheap products from there. They say Chinese is manipulating it's currancy.


who would you like to see take the role as world reserve currency?

Money is no more than a medium of exchange. Only when it has a value acknowledged by more than one person can it be so used. The more general the acknowledgement, the more useful it is. Once no one acknowledged it, the paper money has no value or use — save for papering walls or making darts. This will shatter these society as the traditional repository of purchasing power disappeare, and there will be no means left of measuring the worth of anything.

The debt of Britain is £4, 800,000,000,000 and you dont want to know about the US!
if im planning to stay here i would like the west to win but thats highly unlucky

[omar07]

Here's the lowdown

[youtube]8P1fihT5B7o&feature=related[/youtube]

RT always brings different perspective in america's news. I always knew america is run out of
energy with the dollar, they won't let foreigners buy american companies and yet they want the world
to have the dollar as main currency. It's just not going to work.

[yunis09]

Here's the lowdown

[youtube]8P1fihT5B7o&feature=related[/youtube]

seemeyer do you watch Max Keiser report on RTnews (sky512)?

[ToughGong]

seemeyer do you watch Max Keiser report on RTnews

Yeah he appears regulaly on Press tv and Russia today

[youtube]oHojkuPpfLA&feature=player_embedded[/youtube]

[omar07]

There has been a lot of pressure placed on China regarding its peg to the U.S. dollar.
why these western countries eager to bring down chinese fast moving economy ?
everything is made in china anyway these days, even the people who are against it have
enjoyed cheap products from there. They say Chinese is manipulating it's currancy.


who would you like to see take the role as world reserve currency?

Money is no more than a medium of exchange. Only when it has a value acknowledged by more than one person can it be so used. The more general the acknowledgement, the more useful it is. Once no one acknowledged it, the paper money has no value or use — save for papering walls or making darts. This will shatter these society as the traditional repository of purchasing power disappeare, and there will be no means left of measuring the worth of anything.

The debt of Britain is £4, 800,000,000,000 and you dont want to know about the US!
if im planning to stay here i would like the west to win but thats highly unlucky

I do agree money doesn't have value until enough population acknowledged it and as much you like keeping euro money, they can't keep up with the fast growing Asian economy
soon or later it will have to be the Chinese yuan or some other Asian country

[yunis09]

inflation and paper money is defrauding and stealing from everyone, interest is another ball game on its own,
Omar read 'when money dies' even tho it covers events from 1920s Austria and Germany, it has striking resemblance to whats happening today world!