Roland San Juan: Dumping the Dollar for Global Currency
Written by admin on May 31, 2009 – 10:31 pm -“We have agreed to support a general SDR allocation which will inject $250bn (£170bn) into the world economy and increase global liquidity,” it said. View post: Roland San Juan: Dumping the Dollar for Global Currency Read More →
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The Yellow Brick Road › K-wave: The Master Bubble
Written by admin on May 31, 2009 – 8:47 pm -But as in 1950 50% of the world economy was United States it was only natural to extend the dollar into universal currency that is providing a fast and convenient way to nominate the global transactions. .. Read more from the original source: The Yellow Brick Road › K-wave: The Master Bubble Read More →
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Free Thought Manifesto: Remaking The Global Political Economy
Written by admin on May 31, 2009 – 8:00 pm -Following the G20 meeting at the beginning of April, 2009, it was reported that, “The world is a step closer to a global currency , backed by a global central bank, running monetary policy for all humanity,” as the Communiqué released by … inject $250bn (£170bn) into the world economy and increase global liquidity,” and that, “SDRs are Special Drawing Rights, a synthetic paper currency issued by the International Monetary Fund that has lain dormant for half a century Original post: Free Thought Manifesto: Remaking The Global Political Economy Read More →
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nugataryac - Book Review - 'Lords of Finance - The Bankers Who …
Written by admin on May 31, 2009 – 2:45 pm -As scary as things were, it was clear that the abyss had not yet been reached, and there was still a chance that the global economy could pull back from the brink. With the right moves from the central bankers — and a little luck — the .. See original here: nugataryac - Book Review - 'Lords of Finance - The Bankers Who … Read More →
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Global Best Practice: The Future of US Capitalism
Written by admin on May 31, 2009 – 1:47 pm -Recent populist calls for the dismantling of central banks around the world as a solution to this problem are very disingenuous and they miss the level of complexity our system has reached over decades. A potential return to some sort of gold … In other words, the currency is not at the present time convertible into anything—it is just a piece of paper that tracks relative interest rates and rates of growth among countries. See more here: Global Best Practice: The Future of US Capitalism Read More →
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U.S. Inflation Success Came With Costly Price: Increase Occurred …
Written by admin on May 31, 2009 – 1:00 pm -Enormous consumption helped to stimulate other economies around the world and spur the creation of globalization. “The stabilization of the dollar allowed it to resume the role that it played in the ’50s and ’60s as a global currency .” … Read the rest here: U.S. Inflation Success Came With Costly Price: Increase Occurred … Read More →
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Geithner Says Global Recession Losing Force - Money News Story …
Written by admin on May 31, 2009 – 9:53 am -BEIJING — US Treasury Secretary Timothy Geithner said Monday that the global recession seemed to be losing force but that it will be critical for the United States and China to institute major economic reforms to put the world on a more sustained footing. Sunday, May 31, 2009. Read the rest here: Geithner Says Global Recession Losing Force - Money News Story … Read More →
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Geithner Wants Closer US-China Economic Ties - Money News Story …
Written by admin on May 31, 2009 – 9:53 am -BEIJING — After years of acrimonious economic relations with China, the US insists it wants to turn the page and develop closer ties with the world’s third largest economy. Sunday, May 31, 2009. View post: Geithner Wants Closer US-China Economic Ties - Money News Story … Read More →
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prudent investor newsletters: Mainstream Denials And The …
Written by admin on May 31, 2009 – 7:27 am -In short, since the survival of the present paper money system is mainly a measure of confidence or trust in the system, policies that work to undermine these framework risks the extreme ends of either a hyperinflation or deflation. .. Read more: prudent investor newsletters: Mainstream Denials And The … Read More →
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Money? Or Receipts? | QandO
Written by admin on May 30, 2009 – 12:59 am -Technically, we have currency , not money . As a financial professional strongly influenced by Austrian economics, I still believe a gold backing is a terrible idea given its insufficient global supply necessary to represent the current economy. View post: Money? Or Receipts? | QandO Read More →
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