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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TOO MUCH DEBT, NOT ENOUGH TANGIBLE ASSETS ..... Russia and Asia are hoarding physical gold, skills and tangible assets. The power is going...
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The former President of France has supported the creation of the Euro ..... France has just minted a 2 Euros coin to honor him. Born... -
I believe i have been a bit UNFAIR with the concept of Fractional Reserve Banking, and money creation out of nothing .... I think the ini...
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