socrateazz

Is China Really Trying to Create a Global Currency?

The problem with gold is two fold. 1) There is not enough to really tie much money too! And there is a supply in some countries to be mined. If the lack of gold caused gold to go to $50,000 per ounce the gold fever would overtake the world and production would skyrocket with everybody after their share of wealth like drug addicts after their heroin. things would eventually balance out but not quickly. There must be a better way! I think a world currency would be good. but not controled by any one country. I think a computor program set up with preprogramed currency valuations figured based on trade between countries to balance other monies with the world currency. Make changes in programing very difficut so people do not feel their wants need to be addressed and then they change the program. Have the basic program be such as to create an equality between countries where all could benefit by following the rules

Quant Easing: Central Banks Unleash the 'Nuclear' Option

Remember the slogan.... Never ever ever ever again! I think many of those never evers are about to repeat themselves. The real slogan should be: As long as leaders remember experiences of the past, they will not repeat the same mistakes made during their lifetimes. What are the experiences of current leaders? They have no idea of what consequences their actions will cause! buckle your seat belts, the kiddy roller coaster has been upgraded to super fantastic highspeed thrill and fear inducing ride. By the way; You have little choice you must ride it because fairness says so! Do not worry as long as you remain in the car you will still be alive. If you happen to die, that would just be because it is your time, not because you were forced to ride!