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Rossiya, this is EXACTLY what I was referring to about the SIGNORAGE effect in my post. This drift of dollars from overseas mattresses back to US circulation will spike up inflation and definitely cause turbulence in US currency markets.
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Now, guess what? When those dollars start coming back into circulation, they will be taken out of circulation as time goes by. I think our Federal Reserve System seems to know what it is doing. As for gold, it is overrated. If the entire economy of the world went to hell, a hot dog would be a lot more valulable than a hunk of gold, because you can't eat gold. Gold has value in a luxury economy, not a subsistence economy. |
This theory is funny...
Obviously someone came up with it who is totally unfamiliar with market economics. Currencies are not valued because someone decides to denominate their products in another currency, jeez. Pretty funny stuff. Much like the stupid theories I remember reading in Das Capital once. |
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As you can see some words are capitalized... The jews have all my symphathy, I have clients jews, I had teachers jews and I strongly believe they're one of the smartest race on earth. Don't try to prove that I'm antisemite just because you don't like my opinion... |
[edit] Euros can't buy me love.
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money and in a certain degree a war between the Dollar and the Euro. Excellent post and just SPOT ON!!! DynaMite :thumbsup |
Thatīs why so many EU countries are against this war. Only
Spain agrees with it. Note that Spain is the biggest money drain of the EU.....their even worse than some of the "New" countries. Spain just smells US money for supporting Bush. Sly mentioned this was about money now instead of oil. Well itīs both. If oil is about to be paid in Euroīs instead of dollars....go figure what that will do the US economy. DynaMite :2 cents: |
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Interest rates are soo low to encourage borrowing. The immediate impact of this is that the USD has been in a downward spiral for the last year or so. Although people in the US might not realise it the USD's your are holding today are worth ~20% less than they were this time last year. Now this whole thing about this war being about the Euro sounds far fetched, but on a basic level it does make sense. If people will buy and sell oil in euro's as opposed to USD then the market falls out of the USD. What determines the price of the USD is supply and demand. If other things being equal and oil is traded in euros as opposed to USD then demand for USD is greately reduced, therefore the price of the dollar drops. |
Exactly All the interest rate drops were to encourage to start
spending/investing which brings in money and can be used to pay off the "borrowed" dollars. that were not backed by gold. On top of that if the US has to buy Oil with Euros instead of their own dollar it gets worse. Of course the EU is not interested to change the situation. For them the oil price in euros is a lot better. So there are not too many countries interested in changing that. Add that to all the nonsense the US is using to go to war and acting to be the liberators of the Iraqi people and you have pretty much summed up what this war is all about. DynaMite :2 cents: |
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?race? is seen to represent a population that is biologically distinct according to some defined parameter. It is also used interchangeably with the term ?subspecies? by most researchers when race is defined by biological parameters |
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Tell me, would you, how we got all this control. Do know how many Jews there are in the world? There are about 14 million. Yeah, that's it. 6 million were killed in WWII, about 1/3 of all Jews in the world were killed. And in every generation Jews have been persetuted, and generally whatever government they lived under repossessed their homes and money. So how the fuck do we supposedly control all this shit? Why are you so anti-Jewish? You obviously have a lot of grave psychological issues you need to work out. Perhaps we can start a fund for you to work out your feelings of inadequacy. Don't worry, medication can do wonders for you. Bon voyage! |
it all comes down to US vs. EU
this will be a lot clearer in the near future |
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