[P2P-F] "Currency Wars" ?

Sat Nov 12 11:51:05 CET 2011

Yes, the possible centralization (and physical capture) of gold seems  
to be one of the reasons that gold as currecy (or gold-backed  
currency) goes relatively tightly together with imperial and  
expansive-aggressive regimes, as David Graeber points out in his book  
Debt.

Quoting Dante-Gabryell Monson <dante.monson at gmail.com>:

> 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.
>>
>>  ------------------------------
>> _______________________________________________
>> P2P Foundation - Mailing list
>> http://www.p2pfoundation.net
>> https://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation
>>
>>
>