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Posted

How much currenct manipulation has the US done in the past 5 years? A couple bailouts of banks and wallstreet and an injection of close to another trillion.

Plenty, for several reasons, including China refusing to float the yuan.

Us did not fail because of petrol dollars. If oil was not traded in US dollars, we would not be having this discussion. This is the ONLY reason why it did not fail. But the Soviets failed for a multitude of reasons.

OK...but the point is that the US dollar was the world reserve currency regardless of a gold standard.

The IMF is just the world's central bank run by an american, but not owned by America. See the difference? Because the guys running the IMF don't give much of a damn about the US or any other country for that matter. It is about controlling the world's so called wealth and monitary policy. If you don't buy into the IMF (like any other world body like the UN, WHO WTO, ect ect, you can't play the game.

Yes and no...the US has less of a voting control than before. It was the IMF that stood ready to solve the EU's PIGS problem if Germany and France didn't figure things out. Money talks...bullshit walks.

Economics trumps Virtue. 

 

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Posted

Plenty, for several reasons, including China refusing to float the yuan.

Owned by the Chinese.

Yes and no...the US has less of a voting control than before. It was the IMF that stood ready to solve the EU's PIGS problem if Germany and France didn't figure things out. Money talks...bullshit walks.

EU's problems are just getting started. And it's the reverse but not in the way you think .... Bullshit talks, money walks.

Posted

I would say the Bank of International Settlement is more of the worlds central bank. It doesn't make loans but it does dictate policies to many central banks.

│ _______

[███STOP███]▄▄▄▄▄▄▄▄▄▄ :::::::--------------Conservatives beleive

▄▅█FUNDING THIS█▅▄▃▂- - - - - --- -- -- -- -------- Liberals lie

I██████████████████]

...◥⊙▲⊙▲⊙▲⊙▲⊙'(='.'=)' ⊙

Posted

Plenty, for several reasons, including China refusing to float the yuan.

OK...but the point is that the US dollar was the world reserve currency regardless of a gold standard.

Yes and no...the US has less of a voting control than before. It was the IMF that stood ready to solve the EU's PIGS problem if Germany and France didn't figure things out. Money talks...bullshit walks.

OK...but the point is that the US dollar was the world reserve currency regardless of a gold standard.

Weve been over this already. The reason BW signatories accepted the US dollars as the unit of economic account was because of the fixed exchange system that pegged it to gold.

I question things because I am human. And call no one my father who's no closer than a stranger

Posted

Weve been over this already. The reason BW signatories accepted the US dollars as the unit of economic account was because of the fixed exchange system that pegged it to gold.

...but there was no requirement to enter into such an agreement, or maintain the gold standard. We've been over this already as well.

Economics trumps Virtue. 

 

Posted

http://www.youtube.com/watch?v=3HY7dXowCvQ



excellent video, Bush Cheney, you should watch it.

│ _______

[███STOP███]▄▄▄▄▄▄▄▄▄▄ :::::::--------------Conservatives beleive

▄▅█FUNDING THIS█▅▄▃▂- - - - - --- -- -- -- -------- Liberals lie

I██████████████████]

...◥⊙▲⊙▲⊙▲⊙▲⊙'(='.'=)' ⊙

Posted

No...I'm too busy making more things for you to watch (from Canada).

Yeah... too busy making bizzaro comedy... then wondering why people watch.

I question things because I am human. And call no one my father who's no closer than a stranger

Posted

We know why you watch...just can't figure out the smug resentment. LOL!

You act like I am against you.

I'm worried that your dollar and economy is going to collapse, I am just trying to warn you so you can better prepare.

│ _______

[███STOP███]▄▄▄▄▄▄▄▄▄▄ :::::::--------------Conservatives beleive

▄▅█FUNDING THIS█▅▄▃▂- - - - - --- -- -- -- -------- Liberals lie

I██████████████████]

...◥⊙▲⊙▲⊙▲⊙▲⊙'(='.'=)' ⊙

Posted

You act like I am against you.

I'm worried that your dollar and economy is going to collapse, I am just trying to warn you so you can better prepare.

Why are you worried about the American dollar? You live in Canada! ;)

Economics trumps Virtue. 

 

Posted

Why are you worried about the American dollar? You live in Canada! ;)

One of the dumbest questions ever in MLW history. Please tell me youre kidding.

I question things because I am human. And call no one my father who's no closer than a stranger

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