Yes, personally, various views can be of interest, even if only for understanding, or questioning.
As for gold, I am personally ok with gold backed currencies for certain complementary currencies for those who choose to use them,
but on a large scale, I do not wish to go back to a gold standard,
because there is a very limited amount of gold in the world,
and this makes it easier to centralize control,
hence easy to control a monetary system backed by gold,
by buying ( or taking by force ) gold reserves.
Hence I personally support a hybrid - networked approach,
with a variety of solutions ( some providing community and/or local economic resilience, others easier for global trade, ... ) , as to avoid monopolies in relation to some specific currency or financial/economic system.
On Fri, Nov 11, 2011 at 3:14 AM, Natalie Golovin
<10natalie@cox.net> wrote:
Rikards is excellent. He’s also very Christian and a Goldbug. Kudos 4 being
broad-minded.
Sent: Thursday, November 10, 2011 3:52 PM
Subject: [P2P-F] "Currency Wars" ?
Financial War Game :
"Using Stocks, Bonds, Currencies and Derivatives to fight
a war... "
"Fiat - Organized theft, giving it to the elites"
"Europe can not pay its debt, but you can print some
SDR's... "
SDR :
///
Currency
war,
also known as competitive
devaluation,
is a condition in international affairs
where countries compete against each other to achieve a relatively low exchange rate
for their own currency.
As the price to buy a particular currency falls, so to does the real price of
exports from the country. Imports become more expensive too, so domestic
industry, and thus employment, receives a boost in demand both at home and
abroad. However, the price increase in imports can harm citizens' purchasing power.
The policy can also trigger retaliatory action by other countries which in turn
can lead to a general decline in international trade, harming all
countries.
_______________________________________________
P2P Foundation - Mailing
list
http://www.p2pfoundation.nethttps://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation