In the Welfare State Paradigm, the public spending is creating "growth" by developing the common well being.
"Money must circulate" .... If a country of a monetary Union is able to spread its currency ABROAD ITS BORDERS ... The currency can increase in value. A dynamic industry is the best to spread a currency worldwide.
"Manipulations"" .... modifying artificially the change rates is a good way to sink a currency abroad.
RUSSIA HAS ALMOST UNLIMITED NATURAL RESOURCES INCLUDING GOLD, BUT IS INSIDE THESE 3 GAPS .... NO WELFARE STATE, AN INDUSTRY BASED ON THE COMMODITIES , AND THE RUSSIAN RUBLE IS THE TARGET OF WESTERN FINANCIAL WEAPON ...
- Devaluation is a way to decrease the supply of debts.
- Re evaluation is a way to take the savings from the citizens pockets, to back a new version of the currency.
French Franc before and after the last monetary reform in 1960 (Collection Michael J. P. LAURENT)
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