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Post by frankq on Mar 19, 2011 15:47:31 GMT -5
There are some out here that feel that if the U.S. can't unzip it's pants and show the world how well hung they are with the Dollar, that it means the end of "Truth, Justice and the American Way". They feel that SDR's are a tool of the NWO and Illuminati. They seem to think that some "entity" would find us far more useful as needy slaves than as productive, self sufficient people.
Given:
We have seen the negative impact of speculation in the oil markets by those who have no interest in the actual oil.
We are seeing the same kind of speculation in currency markets by anyone with a P.C. and a Forex account.
We know that the Chinese are loath to actually let their currency freely float on world markets
So....... questions: Since SDR's are actually backed by a basket of currencies, and no one currency can have an overwhelming effect one way or another, thereby mitigating any negative consequences of manipulation, doesn't make sense in today's global economy to utilize these instruments? Would not the use of SDR's offer more commodity price stability? What says you?
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kman
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Post by kman on Mar 19, 2011 15:52:42 GMT -5
I thought it was all about winning the belt!
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Post by frankq on Mar 19, 2011 16:01:10 GMT -5
LOL!!!
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kman
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Post by kman on Mar 19, 2011 16:09:50 GMT -5
SDR's are a proven cause of mental instability.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Mar 19, 2011 18:02:34 GMT -5
Classic kman. ;D
Frank this is a good topic. K4Q(100th!!!!!)
Considering that even though the UN says that it will never be a form of currency and that they will never replace countries currencies, it seems to be a huge source of paranoia.
I especially like the fact that the NWO pumpers are missing that the currency exchange is a $4 Trillion dollar a year business.
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Virgil Showlion
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Post by Virgil Showlion on Mar 19, 2011 22:16:45 GMT -5
You're missing the point entirely. The goal is consolidation of financial authority and policy-making to a single supranational organization or group of organizations. SDRs are a possible means to that end. Consider a car idling in the no-parking zone in front of a bank branch. The car itself isn't inherently criminal, nor does its suspicious location mean that it's being used to commit a crime. But a judicious police officer--not unlike the MTers monitoring the IMF's and World Bank's latest press releases--will keep his eyes on the vehicle until it no longer poses any threat. Conversely, the Franks of the world will ignore any control/consolidation issues involved, instead lauding the death of free-market foreign exchange (i.e. "evil currency manipulation"). Some will be so bold as to completely forget having denied that the USD could even be displaced as the world reserve currency just a few short months ago. "Doh! I was hoping Virgil wouldn't remember that!" - Frank Q
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Post by frankq on Mar 19, 2011 22:51:12 GMT -5
"Conversely, the Franks of the world will ignore any control/consolidation issues involved, instead lauding the death of free-market foreign exchange (i.e. "evil currency manipulation"). Some will be so bold as to completely forget having denied that the USD could even be displaced as the world reserve currency just a few short months ago.
"Doh! I was hoping Virgil wouldn't remember that!" - Frank Q"
To be sure Virgil, I don't believe for a minute that the U.S.D. would necessarily lose "face" so to speak, but there is a certain logic to having a centralized form of exchange when so many countries with so many currencies and a currency market and politics that contributes to fluctuations in values. Unlike you guys, I am not so rigid in my thinking that I cannot entertain other options. Can anyone really know if any nation's currency is really backed with the gold a country says it has? Does it really matter? There are people who believe, and I am one, that gold is overrated. Maybe SDR's could be a stabilizing factor, maybe not. I don't know exactly where I stand on this issue, and I'm not sure how to make it work, but I am sure the NWO is not involved. If anyone is missing the point, I think it's you. At least from my perspective. I haven't seen any evidence of the "supranational organization" you speak of. Such an organization would require unimaginable cooperation by the nations of the world. If you're seeing that kind of universal unity please share it with us.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Mar 19, 2011 23:07:54 GMT -5
The whole problem is the IFM+UN=NWO. It makes zero sense. I'm not sure how Universal human suffrage is a ploy to destroy the world, however, I'm sure there is a way to spin it.
The SDR is defined as a weighted sum of contributions of four major currencies, the euro, the US dollar, the British pound, and the Japanese yen, and is reevaluated and adjusted every five years, and computed daily in terms of equivalent United States dollars
The SDR is based on USD.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Mar 19, 2011 23:08:10 GMT -5
(duplicate)
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Virgil Showlion
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Post by Virgil Showlion on Mar 19, 2011 23:39:16 GMT -5
Perhaps your missing the point that the USD being the world reserve currency has been a phenomenal boon to the United States and that SDRs means the end of that advantage. I would recommend you read all of this article, a small excerpt of which is: So far, the U.S. has been able to get away with massive debts and unsustainable deficits for one simple reason. The U.S. dollar is still the world’s reserve currency, as it has been effectively since World War II and literally since the early 1970′s.
Because all governments and banks in the world accept and hold U.S. dollars as the comfortable majority of their reserves, the United States is able to simply print more money whenever it can not afford to pay for things that it needs. Besides this, the country can borrow money in its own currency at incredibly low interest rates that you have seen approach almost zero. This benefits you, since your national government is able to provide numerous social services that most other countries simply can not afford.
You personally benefit in another critical way every time that you stop at a gas station. With the U.S. dollar as the reserve currency of the planet, oil and all commodities are all priced in dollars. This causes oil and the by product of gasoline to be incredibly cheap to you as an American.
Just compare how much other members of the richest nations whose currencies are not the reserve currency pay for their gasoline. While the U.S. average price of gas comes in at $2.72 per gallon, in Germany it is $6.82 per gallon, in Great Britain it is $6.60 a gallon, in Italy it is $6.40 every gallon, in France it is $6.04 a gallon, and in Japan it is $5.40 for every gallon.
The United States has become the wealthiest country in the world as a result of the dollar as reserve currency. Imports can all be paid for in dollars. This is only true in the United States. Other countries have to first change their currency into dollars to settle their balance of payments on imports and exports. Interest rates are lower than in most other countries, making loans on houses cheap. I take it "am sure" is the same iron clad "am sure" you are that the USD will still hold the world reserve currency status by the end of the decade. a) you haven't looked b) consolidation of power does not require "universal unity"; it requires a system of resource control, incentives, punishments, and constantly-shifting political alliances, all of which are exercised exclusively when lower-level players' goals happen to be incompatible with those of the establishment c) I gave you a list of six (or was it eight) excellent references in our previous NWO discussion
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Post by frankq on Mar 20, 2011 9:17:05 GMT -5
"Perhaps your missing the point that the USD being the world reserve currency has been a phenomenal boon to the United States and that SDRs means the end of that advantage."
Maybe. Like I said, I don't really know. I don't profess to being an expert in SDR's and the Forex markets. I can see advantages to using SDR's. I can see some possible disadvantages.
"I haven't seen any evidence of the "supranational organization" you speak of. Such an organization would require unimaginable cooperation by the nations of the world. If you're seeing that kind of universal unity please share it with us.
a) you haven't looked b) consolidation of power does not require "universal unity"; it requires a system of resource control, incentives, punishments, and constantly-shifting political alliances, all of which are exercised exclusively when lower-level players' goals happen to be incompatible with those of the establishment c) I gave you a list of six (or was it eight) excellent references in our previous NWO discussion "
I've looked. I just don't see what you guys see. I see no evidence that the NWO is in process of moving us to slavery or culling the population. I see a rather large movement toward possible Democracy, or at least a movement closer to it, in the Middle East and elsewhere. Seems to me that things are moving in the opposite direstion of what the NWO and Illuminati had in mind. As far as you statement b) well, if you have an abundance of needed resources, you swing a big stick. That's the way it goes sometimes. There will always be incompatable goals between such diverse peoples and political systems. When things get nasty enough, well that's why we have a military. And the fact that you acknowledge constantly shifting political alliances just reinforces my view that there will never be enough global agreement to allow for the NWO you guys speak of. And recent history has shown us that people aren't as meek as you guys think.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Mar 20, 2011 15:25:32 GMT -5
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Post by frankq on Mar 20, 2011 15:51:20 GMT -5
"Just compare how much other members of the richest nations whose currencies are not the reserve currency pay for their gasoline. While the U.S. average price of gas comes in at $2.72 per gallon, in Germany it is $6.82 per gallon, in Great Britain it is $6.60 a gallon, in Italy it is $6.40 every gallon, in France it is $6.04 a gallon, and in Japan it is $5.40 for every gallon."
How much of that is taxes to pay for other stuff, like Socialized medicine? I don't know. The Canadian dollar is stronger than the USD, how much do you guys pay for gas? As far as dollar strength, other countries buy dollars because they know, come hell or high water (no pud intended) that dollars will still be around when most other currencies are long gone and will continue to be redeemable. The U.S. is the bedrock of the civilized world. Anyone who doubts that need only watch the news. I don't know that SDR's would change that.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Mar 20, 2011 16:10:46 GMT -5
Everything that I have read regarding SDR points to commodities. There isn't enough gold in the wold go go back to the gold standard. It is a way to possibly regulate they incredible fluctuation in commodities prices that cause lots of the food issues we are seeing right now. will it ever happen. IDK.. However, I do know that SDR's are based on USD. So the would basically solidify the USD as the base currency for as long as SDR's were around. Making it attractive to hold dollars, of course.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Mar 20, 2011 16:17:56 GMT -5
Sorry the gas. It's about $1.10 to $1.50 a liter. Or $4.12 to $5.00 a gallon. The road tax is in that. The heath care is in our income taxes. The highest income bracket starts at 128k. Your looking at 29% FED and 15 to 20 Provincials.
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dumdeedoe
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Post by dumdeedoe on Mar 21, 2011 19:29:55 GMT -5
Hum seems we have been under a one world trading currency for years now.....It is the US dollar........
SO maybe we should fight the illumnutty by getting rid of the one world trading currency.....
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Virgil Showlion
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Post by Virgil Showlion on Mar 21, 2011 20:05:12 GMT -5
Ham, I appreciate your contributions in #13 and #14.
As for #11: Anything, and I do mean anything, Wikipedia has to say about the NWO isn't worth the HTTP request used to fetch the content. Asking Wikipedia for truth on the NWO is like asking TEPCO for truth on the Fukushima reactors.
Consider that even the term "enlightenment era" is a recent pseudo-fictitious whitewashing of British and Anglo-American history.
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verrip1
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Post by verrip1 on Mar 21, 2011 20:40:14 GMT -5
A: Of course there's enough gold in the world for it to back all currencies. All that's needed is to adjust the price of gold. Voila! Aw, rats, those unintended consequences. And so sorry to read that Wikipedia has become victim to the NWO's mind control propagandistas. Who's next, bulletin board mods? ?? Or are they here already?
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usaone
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Post by usaone on Mar 21, 2011 20:44:36 GMT -5
A: Of course there's enough gold in the world for it to back all currencies. All that's needed is to adjust the price of gold. Voila! Aw, rats, those unintended consequences. And so sorry to read that Wikipedia has become victim to the NWO's mind control propagandistas. Who's next, bulletin board mods? ?? Or are they here already? Karma for you V!!! ;D ;D
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Virgil Showlion
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Post by Virgil Showlion on Mar 21, 2011 21:38:43 GMT -5
Take out "mind control"; your first statement is correct. You're too late for number 2. You gentlemen are making some progress, methinks.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Mar 22, 2011 0:03:56 GMT -5
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Virgil Showlion
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Post by Virgil Showlion on Mar 22, 2011 0:34:04 GMT -5
I can't comment on the veracity of Washington's letter. It's very possibly an accurate account of his views.
I typically separate Freemasonry from "the establishment". Supposedly, "life begins at 40"--referring to the 40th degree in the Masonic hierarchy. Any Freemason with a lower degree, meaning virtually any Mason, is neither aware of nor is a consenting party to NWO-esque organizational goals.
In that respect, Freemasonry is just an unusually powerful "old boys' club".
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Mar 22, 2011 0:53:41 GMT -5
It's a great story. That's about it. A story that has been altered over time since the late 1700's to fit various agendas that oppose Free enterprise. Let's face it, these stores sell great in times like these. Hitler almost committed suicide. It was Hindenburg and the Depression that helped Hitler get into the spot light and sell his BS. A lot of Hitlers ideals are based on books like Mr Robison's there.
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