New World Order Currency Announced, Coin Minted

From a pure economics standpoint, I can understand why they want a standard currency. Take, for instance, that for the last few years our currency was devalued and weakened (some believe on purpose) in order to help imports to cost more and exports to be more competitive. When the financial system collapsed, we were again seen as "strong" (though, we are not as strong as we were in 2002). Thus, domestic companies are going to see reduced profits this year but it makes us more appealing to loan us money. We control our dollar in unfair ways to make trade more difficult for other countries.

Russia and China are upset because we borrow money but pay it back in a devalued dollar. Russia and China wants one currency in order to level the playing field in trade and to ensure that the money they invest in us will get paid back at the value it was loaned. In other words, if you loaned me $1.00 but when I paid you back it was like paying you $0.90, you would get upset. In my opinion, this is a form of theft and what our government has been doing for several years (Both Bush and Obama).

The solution? We should begin by raising interest rates, stop printing money and other methods that devalue the dollar, and balance our budget. This will cause some short term problems but in the long run it will make the dollar appealing and we could stop this talk about a worldwide currency.

I do not want a worldwide currency, but I sympathize with China and Russia who see our methods as dishonest and immoral.

 

The international value of money is determined mt the money traders and the commodities market and only indirectly by governments. If we had a one world currency then each country would be competing on the basis of its internal tax structure and its economic productivity. The money traders would be out of a job.

 

New money again! I remember hearing a preacher in the early 70's who said he had personally seen the new global money and it was scheduled to be released in 1978. What took it so long?

 

Maybe those of us who have been busy informing others about the gradual consolidation of banking powers into a global financial scam slowed their progress down some.

"Those of us" refers to all the patriots who love their country more than big government. Progressives love big government, so they're automatically excluded from the list of patriots of course. :smilewinkgrin: