[P2P-F] "Currency Wars" ?

[Dante-Gabryell Monson]

Sure - thanks for reading.

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 at cox.net> wrote:

>   Rikards is excellent. He’s also very Christian and a Goldbug. Kudos 4
> being broad-minded.
>
>  *From:* Dante-Gabryell Monson <dante.monson at gmail.com>
> *Sent:* Thursday, November 10, 2011 3:52 PM
> *To:* econowmix at googlegroups.com ; p2p-foundation<p2p-foundation at lists.ourproject.org>
> *Subject:* [P2P-F] "Currency Wars" ?
>
>
> http://www.youtube.com/watch?feature=player_profilepage&v=rAPM7syIcts#t=1040s
>
> 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... "
>
> http://en.wikipedia.org/wiki/James_G._Rickards
>
>
> http://www.amazon.com/Currency-Wars-Making-Global-Portfolio/dp/1591844495/ref=sr_1_1?ie=UTF8&qid=1314198116&sr=8-1
>
> SDR :
>
> http://en.wikipedia.org/wiki/Special_Drawing_Rights
>
> ///
>
> http://en.wikipedia.org/wiki/Currency_war
>
> *Currency war*, also known as *competitive devaluation*, is a condition
> in international affairs<http://en.wikipedia.org/wiki/International_relations>where countries compete against each other to achieve a relatively low exchange
> rate <http://en.wikipedia.org/wiki/Exchange_rate> for their own currency<http://en.wikipedia.org/wiki/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 <http://en.wikipedia.org/wiki/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.
>
>  ------------------------------
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