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  • America to China: Stop Buying Our Dollars! And Another Thing: Please Buy Our Dollars! [View article]
    Worldwide the current currency valuation method are political and ambiguous and they are not working. Most and most countries are now unable to control their inflation or correct trade issues to fix their economy because of currency issue that have become increasing complex and irrational.

    For the world to resolve the currency issue, there is a need to valuate currencies against a virtual index that is function of commodities, basic materials and other material factors that help to sustain life.

    The valuation currencies relative to an index should allow for resolution of currency dilemmas worldwide and simply it. Each country can regulate the factor by which they would float their currency against the index. The outcomes will be more/less exports, more/less imports, higher/lower inflation and countries will get to choose and driving factors of their economy rather than some exchange trader.
    Mar 10 12:13 pm |Rating: 0 -1 |Link to Comment
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