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arcticsun
how about oil?
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UN wants new global currency to replace dollar
- Thread starter GeneticHeirloom
- Start date
ItsAllOver
Devil's Advocate
Look up the qualities of what makes something money. One of them is longevity. Oil lacks that, gold will not deteriorate over time (well I guess technically it will, but not the same way as oil)
I'm going to read that article when I have a minute, after dishes. Thanks for that!
Check out the book
'Money: Whence it Came, Where it Went'
by John Kennneth Galbraith
That one really opened my eyes, and he's a freakin Keynesian!
Take care
I'm going to read that article when I have a minute, after dishes. Thanks for that!
Check out the book
'Money: Whence it Came, Where it Went'
by John Kennneth Galbraith
That one really opened my eyes, and he's a freakin Keynesian!
Take care
It's no wonder so many folks are up to their necks in debt, the governments of the world did the same thing when they did away with "gold standard"
They basically issued themselves Black Cards with no limits, i.e. money printing.
As difficult as it may be to fully realize the scope of the issue, even one-tenth of understanding will be an extreme eye-opener.
They basically issued themselves Black Cards with no limits, i.e. money printing.
As difficult as it may be to fully realize the scope of the issue, even one-tenth of understanding will be an extreme eye-opener.
Fuck a whole big bunch of the UN
HAHAHAHA their plans are all coming together now!!!
obama is just another puppet, whoda thunk it? bush to start fucking up our economy, obama to finish the job, and now we get NEW FAKE MONEY! YAY!!!!
honestly, the wool hasnt been that tightly pulled over our eyes. this has been happening out in the open, whether ppl want to accept it or not. get ready for the new world order.
obama is just another puppet, whoda thunk it? bush to start fucking up our economy, obama to finish the job, and now we get NEW FAKE MONEY! YAY!!!!
honestly, the wool hasnt been that tightly pulled over our eyes. this has been happening out in the open, whether ppl want to accept it or not. get ready for the new world order.
C
cork144
about 10% of americas wealth is in actual coins and papers, so they could change it to what ever they want, just have to hit EDIT on the computers.
The UN is a fuckin' joke, always has been, always will be.
They have about as much authority, strike that, that have about as much ability to gets things done (correctly) as your local Municipality.....
People travel more today than ever internationally, trade between all nations also has increased year after year and the only way you can trade or travel is with money.......but there are so many currencies that to trade or travel you constantly have to keep changing currencies by selling them to banks and other institutions that all profit from the world having so many different currencies..........and we as travelers and traders all loose a percentage of our funds every time we have to change them into another currency....
If there was just one currency that was worth the same in any country then traders and travelers would save a great deal from it and all these money changers/banks (who make money out of us from buying and selling our money).....would all go out of business....
Somehow having just one global currency makes alot of sense to me.......it would make things much easier, much simpler and less expensive....
If there was just one currency that was worth the same in any country then traders and travelers would save a great deal from it and all these money changers/banks (who make money out of us from buying and selling our money).....would all go out of business....
Somehow having just one global currency makes alot of sense to me.......it would make things much easier, much simpler and less expensive....
i would agree, but it seems that they are up to something a little mroe secretive to secure their investments. i just think we all need to watch what they are doing. if they werent up to something sinister, it would be a bit more public and the common man would have more of a say. its as though they are trying this all under the radar, and as i see it, there has been a clear- cut plan in the works for years now. each tumbler just gets louder and louder as it clicks.
http://en.wikipedia.org/wiki/2009_G-20_Pittsburgh_summit
http://www.g20.org/
http://en.wikipedia.org/wiki/G-20_major_economies
http://resistg20.org/
this is an important gathering of (an) important organization(s)
this is our future. at least show up and voice your opinions. no riots, no need to argue, but if you have an opinion, it should be voiced. dont let these guys just up and decide what should happen.
http://www.g20.org/
http://en.wikipedia.org/wiki/G-20_major_economies
http://resistg20.org/
this is an important gathering of (an) important organization(s)
this is our future. at least show up and voice your opinions. no riots, no need to argue, but if you have an opinion, it should be voiced. dont let these guys just up and decide what should happen.
How does plastic work in a travel setting? Can I pull Euros from an ATM in Frankfurt with my US Bank VISA?
Gypsy is right. I got my Finance minor during the collapse of the NYSE, after getting my bachelors degree in International Business. I also happened to be living in Argentina when their economy crashed. Weird. While the dollar being the standard currency around the world is great for US citizens, it would make much more sense to have a standard global currency.
The economies of the world used to be counter-cyclical, meaning while one country was down, not growing much economically, other countries were. Over the past couple decades, the economic fluctuations have become less and less counter-cyclical. So, all of the major economies in the world were tied together, especially by investments in the US, where there was basically an economic free-for-all. When we crashed, they crashed, and harder. So, now that all the major economies in the world have crashed, who's going to pull us out? uh oh...
Additionally China can't unload their more than 1 trillion dollars too fast, or they will devaluate the dollar and end up loosing money. What a predicament!
One more tidbit... We crashed first, were the first to deal with the crisis, and ideally we (we being the US) will leave the crisis first. So, when you guys see the US recovering, it would be a great time to make investments in Asia and South America (especially Asia, they have more disclosure), as their economies will recover after ours does.
Yes, and there will be an international transaction fee charged by your bank. This can be avoided by opening a bank account with an online bank.
I'll ask again, which currency is capable (as in likely) of replacing the U.S. Dollar as reserve funds ?
All I hear is rhetoric and posturing from the global community.
Gold people....think gold
Not an existing currency, a new global standard currency. x US dollars = 1 global dollar/whatever. x Euros =1 global dollar/whatever.
ItsAllOver
Devil's Advocate
I'm with it, Gypsy, as long as the currency is not centrally controlled and manipulated. This is why I will always be a proponent of gold as reserve currency, and of course I don't mean carrying around sacks of coins, I mean a paper currency that actually means something, and means the same thing everywhere. We had this, but the big bankers wanted to control it to their gain. Now gold gets a bad rap as an old school defunct way to do things... Sad state of affairs, because it's hard to change "common knowledge"
And bobblehead, you're right on with the foreign investments idea. Not only would it be lucrative for us, it would be beneficial for them and quicken their return to "normalcy"
It's no wonder so many folks are up to their necks in debt, the governments of the world did the same thing when they did away with "gold standard"
They basically issued themselves Black Cards with no limits, i.e. money printing.
As difficult as it may be to fully realize the scope of the issue, even one-tenth of understanding will be an extreme eye-opener.
Wow... umm.. where do I start... lol...
Many people are up to their necks in debt because they took out, and were actually issued, loans that they shouldn't have. They were financing 100% of the cost of their homes, when you're supposed to have at least a 20% downpayment. Not to mention that nobody saves money in the US. Ideally, you're supposed to have at least 3 months of your expenses saved up just in case something happens. Who here can say that they have that much in savings? The misuse and abuse of credit is the reason why folks are in so much debt. Many people didn't know any better, and I feel the banks are to blame for giving them the money in the first place when they knew they couldn't afford the payments. It all came down to the bottom line, because the person who issued the loan gets a commission, the bank makes a percentage when they bundle the mortgages and sell them to Fannie and Freddie...
Money isn't just printed. Treasuries are issued to raise the funds, and they must be paid back. Think of it like a savings bond. The money came from investors. Our treasuries are worth enough in the eyes of the world to invest in. They know we will come back. Maybe we won't be on top forever, but we will remain a major world power for decades to come.
M
movingtocally
People who understand reality laughed at that article because they understand how much power the un has in this situation, which is none.
O
ocean99
Everyone should stop using the phrase NWO, Alex Jones has effectively made everyone who utters that useful little acronym look like a complete jackass. Not that I disagree with any of this shit, but if people are too believe you then you can't let your ideas be represented by fucking clowns.
ItsAllOver
Devil's Advocate
You concisely explained in your first paragraph something that most of our politicians and mainstream media people have much incentive not to say, but easily could and should. And thank you for that!
But, could it not be said that the treasuries you mentioned that are now all over the world were and are overvalued, and that these investors we scammed into the purchase of them because of their ignorance of the conditions on the ground? What makes it so likely that we will make good on our promises to pay them back at interest when we didn't invest the money that came from the treasuries, etc. wisely? I'd say this is why we're in trouble. What are we going to produce (and how?) to pay back our loans?
global government?
i just find it very scary that our futures are seeming to be decided by groups of very rich people, and it is being done behind closed doors, with little tidbits peaking out every once in awhile.
