In a monetary system based on debt , the monetary base is the key element to know if a currency is valuable or not ....
A too massive monetary base per capita shows the currency is declining ...
China or Russia can t back their currency with Gold, because it won t be more possible to exchange them .... BUT THEY BACK THEIR MONETARY BASE WITH THE PRECIOUS METAL .... and keep the supply low
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What a beautiful country ! i loved my first stay. Israel is full of energy and human warm. -
I am always happy to travel in Antwerp because i can create new rings with rare stones. -
http://www.zerohedge.com/news/2017-12-21/goldman-preparing-launch-cryptocurrency-trading-desk Where is the common sense in the financial w...
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