Sure - thanks for reading.<div><br></div><div>Yes, personally, various views can be of interest, even if only for understanding, or questioning.<div><br></div><div>As for gold, I am personally ok with gold backed currencies for certain complementary currencies for those who choose to use them,</div>
<div><br></div><div>but on a large scale, I do not wish to go back to a gold standard,</div><div>because there is a very limited amount of gold in the world,</div><div>and this makes it easier to centralize control,</div>
<div>hence easy to control a monetary system backed by gold,</div><div>by buying ( or taking by force ) gold reserves.</div><div><br></div><div>Hence I personally support a hybrid - networked approach,</div><div>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.<br>
<br><div class="gmail_quote">On Fri, Nov 11, 2011 at 3:14 AM, Natalie Golovin <span dir="ltr"><<a href="mailto:10natalie@cox.net">10natalie@cox.net</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex;">
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<div style="font-family:'Calibri';color:#000000;font-size:12pt">
<div>Rikards is excellent. He�s also very Christian and a Goldbug. Kudos 4 being
broad-minded.</div>
<div style="font-style:normal;display:inline;font-family:'Calibri';color:#000000;font-size:small;font-weight:normal;text-decoration:none">
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<div>�</div>
<div style="background:#f5f5f5">
<div><b>From:</b> <a title="dante.monson@gmail.com" href="mailto:dante.monson@gmail.com" target="_blank">Dante-Gabryell Monson</a> </div>
<div><b>Sent:</b> Thursday, November 10, 2011 3:52 PM</div>
<div><b>To:</b> <a title="econowmix@googlegroups.com" href="mailto:econowmix@googlegroups.com" target="_blank">econowmix@googlegroups.com</a> ; <a title="p2p-foundation@lists.ourproject.org" href="mailto:p2p-foundation@lists.ourproject.org" target="_blank">p2p-foundation</a> </div>
<div><b>Subject:</b> [P2P-F] "Currency Wars" ?</div></div></div>
<div>�</div></div>
<div style="font-style:normal;display:inline;font-family:'Calibri';color:#000000;font-size:small;font-weight:normal;text-decoration:none"><div><div class="h5">
<div class="gmail_quote"><a href="http://www.youtube.com/watch?feature=player_profilepage&v=rAPM7syIcts#t=1040s" target="_blank">http://www.youtube.com/watch?feature=player_profilepage&v=rAPM7syIcts#t=1040s</a></div>
<div class="gmail_quote">�</div>
<div class="gmail_quote">Financial War Game : </div>
<div class="gmail_quote">�</div>
<div class="gmail_quote">"Using Stocks, Bonds, Currencies and Derivatives to fight
a war... "</div>
<div class="gmail_quote">�</div>
<div class="gmail_quote">"Fiat - Organized theft, giving it to the elites"</div>
<div class="gmail_quote">�</div>
<div class="gmail_quote">"Europe can not pay its debt, but you can print some
SDR's... "</div>
<div class="gmail_quote">�</div>
<div class="gmail_quote"><a href="http://en.wikipedia.org/wiki/James_G._Rickards" target="_blank">http://en.wikipedia.org/wiki/James_G._Rickards</a></div>
<div class="gmail_quote">�</div>
<div class="gmail_quote"><a href="http://www.amazon.com/Currency-Wars-Making-Global-Portfolio/dp/1591844495/ref=sr_1_1?ie=UTF8&qid=1314198116&sr=8-1" target="_blank">http://www.amazon.com/Currency-Wars-Making-Global-Portfolio/dp/1591844495/ref=sr_1_1?ie=UTF8&qid=1314198116&sr=8-1</a></div>
<div class="gmail_quote">�</div>
<div class="gmail_quote">SDR :</div>
<div class="gmail_quote">�</div>
<div class="gmail_quote"><a href="http://en.wikipedia.org/wiki/Special_Drawing_Rights" target="_blank">http://en.wikipedia.org/wiki/Special_Drawing_Rights</a></div>
<div class="gmail_quote">�</div>
<div class="gmail_quote">///</div>
<div class="gmail_quote">
<div>�</div>
<div><a href="http://en.wikipedia.org/wiki/Currency_war" target="_blank">http://en.wikipedia.org/wiki/Currency_war</a></div>
<div>�</div><b style="line-height:19px;background-color:rgb(255,255,255);font-family:sans-serif;font-size:13px">Currency
war</b><span style="line-height:19px;background-color:rgb(255,255,255);font-family:sans-serif;font-size:13px">,
also known as </span><b style="line-height:19px;background-color:rgb(255,255,255);font-family:sans-serif;font-size:13px">competitive
devaluation</b><span style="line-height:19px;background-color:rgb(255,255,255);font-family:sans-serif;font-size:13px">,
is a condition in </span><a style="line-height:19px;background-color:rgb(255,255,255);font-family:sans-serif;color:rgb(6,69,173);font-size:13px;text-decoration:none" title="International relations" href="http://en.wikipedia.org/wiki/International_relations" target="_blank">international affairs</a><span style="line-height:19px;background-color:rgb(255,255,255);font-family:sans-serif;font-size:13px">
where countries compete against each other to achieve a relatively low </span><a style="line-height:19px;background-color:rgb(255,255,255);font-family:sans-serif;color:rgb(6,69,173);font-size:13px;text-decoration:none" title="Exchange rate" href="http://en.wikipedia.org/wiki/Exchange_rate" target="_blank">exchange rate</a><span style="line-height:19px;background-color:rgb(255,255,255);font-family:sans-serif;font-size:13px">
for their own </span><a style="line-height:19px;background-color:rgb(255,255,255);font-family:sans-serif;color:rgb(6,69,173);font-size:13px;text-decoration:none" title="Currency" href="http://en.wikipedia.org/wiki/Currency" target="_blank">currency</a><span style="line-height:19px;background-color:rgb(255,255,255);font-family:sans-serif;font-size:13px">.
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' </span><a style="line-height:19px;background-color:rgb(255,255,255);font-family:sans-serif;color:rgb(6,69,173);font-size:13px;text-decoration:none" title="Purchasing power" href="http://en.wikipedia.org/wiki/Purchasing_power" target="_blank">purchasing power</a><span style="line-height:19px;background-color:rgb(255,255,255);font-family:sans-serif;font-size:13px">.
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.</span> </div><br>
</div></div><p>
</p><hr>
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