In this financial colonisation of the world

erlingerling

In this financial colonisation of the world


Today, the dollar is at the centre of the global trading system, and is as good as gold once was. The results of this system whereby the US prints dollars in return for tributes in real goods provided by the rest of the world are obvious in terms of the immense disparities between American levels of consumption and those of the rest of the world. Just like a fixed exchange rate is the natural consequence of pegging currencies to dollar or gold, so too a floating exchange rate system emerges naturally when there are no pegs for any currency.When the Vietnam War forced the US to print an excessive amount of dollars, President Richard Nixon declared in 1971 that dollars would no longer be backed by gold, creating a brave new world of currencies without any backing. Because of mutual dependencies, no one can opt out of the global trading system.

https://seattoilet.myonline.store/a-61107863/products/mdf-toilet-seats/
http://www.123formbuilder.com/form-5604800/form
https://mdftoile.wufoo.com/forms/job-application/
https://mdfseatt.artcall.org/about
https://ufseatt.liquidblox.com/
https://daijunyangku.myportfolio.com/
https://bandhfeiur.myportfolio.com/
https://www.pinterest.com/pin/829154981388695813/
https://www.reddit.com/user/chinanetlon2019/comments/idnq8z/snow_fence/
https://issuu.com/pvcsingle
https://elevatordirectory.com/profile/pvchung/
http://www.thebestphotocompetition.co.uk/people/pvcwindow
https://fontstruct.com/fontstructors/1794239/pvcdouble
https://www.scoop.it/topic/aluminiumm
https://www.auclassifieds.com.au/china-louver-window_i98209
http://www.renewablesb2b.com/ahk_greece/el/marketplace/index/companies/show/1ad5945eeba1a4e8
With multiple centres of economic power, we may hope for a transition to a more equitable global trading system. Many more details are required for a more accurate calculation of benefits which accrue to the US due to this dollar-based global trading system, which requires all of us to work hard at increasing exports, while the US printing presses work hard to print dollars to pay for them. In any fair trading system which treats all countries equally, the target for all countries would be to balance exports and imports. About $15 trillion of this total amount has been acquired since 2000. To acquire dollars, all countries other than the US, must strive to increase exports — this is how one earns dollars. An entirely new system had to be created to enable global trade for the post-War era.There are two main concepts at the heart of all such proposals, which differentiate them from the current system. Instead, gold was replaced by the dollar standard, with the proviso that dollars could be exchanged for gold. Everyone within the system needs dollars, and must strive to increase exports, in order to earn dollars. This is more equitable than the current system which places all the burden on the weaker country.What can be done to replace this immensely lopsided and unjust global trading system, which gives tremendous benefits to the US at the expense of the rest of the world? The first opportunity was lost — rather, suppressed — when Keynes’ proposal for a symmetric trading system was rejected at the Bretton-Woods conference. Keynes’ original proposal continues to be attractive to this day, but many new ideas for how to structure global trading have also emerged over the past few decades. But, it is also true that very few people understand how. For instance, the US printed trillions of dollars to finance the Iraq war, and other trillions to bail out the financial sector from the global financial crisis that was created by it. Because dollars are the gold of the modern financial system, the US can print money without adverse consequences.For anyone who falls behind in their payments of tributes, the IMF is there to "help out" by extending a loan, which puts the borrowers deeper in debt enslavement.

https://www.chinanetlon.com/news/introduction-to-the-types-characteristics-and-application-effects-of-landslide-protection-nets.html
https://www.yatongcable.com/news/what-is-the-difference-between-high-voltage-cables-and-low-voltage-cables.html
https://www.chinatoiletseats.com/news/how-to-choose-a-toilet-seat.html
https://ablproduces.at.webry.info/
https://plantnetgood.at.webry.info/
https://issuu.com/aquariumer
https://elevatordirectory.com/profile/fishtanks/
http://www.thebestphotocompetition.co.uk/people/filterer
http://blogscat.com/a/wiactorre/
http://actablesory.piko20.com/
http://wippliers.blog.shinobi.jp/
http://plasticgood.blog.shinobi.jp/
http://blogs.dotnethell.it/supporc/
http://blogscat.com/a/snowgood/
http://chinettingood.over-blog.com/
http://plantnetwell.eklablog.com/
http://fencegardewell.bling.fr/
http://jologs.com/users/view/2512

In this financial colonisation of the world, everyone must strive to pay tributes in terms of goods to the US, while the latter country prints dollars to pay for them.A good starting point is the Bretton-Woods conference which took place in 1944, while the Second World War was still raging. With the emergence of China and the European Union as major players, the time is ripe for the demise of the dollar.If we pause to reflect, the consequences of the dollar-based global trading system are truly breathtaking. The second concept is to place the burden of adjustment on countries with excess exports as well as those with excess imports.A rough measure of how much tribute has been extracted is the current level the US debt, which is $21 trillion. Unfortunately, the political power of the United States enabled it to quash this proposal. Net exports cannot increase, and cannot earn dollars, unless the US increases imports. This article is an attempt at explaining the basics of our global trading system. At the Bretton-Woods conference, the most sensible proposal for the global trading system was created and advocated by John Maynard Keynes.By arrangement with Dawn. The two World Wars had drained the treasuries of the European states, making the gold standard impossible to maintain. As a benchmark for comparison, note that the world GDP, excluding the US, was around $60 trillion dollars in 2017. Everyone needs dollars as reserves to back up their currencies.Sadly, it is true that "money makes the world go round". The US can increase imports just by printing dollars, while the rest of world exports goods and services to earn dollars.
https://www.iknow.com.kh/business-listing-basic/?CID=0f4dae778543f854e066b92dbda30c59.3414480
https://www.announceamerica.com/Directory/ListingDisplay.aspx?lid=43650#.Xz9gJBczaUk
https://www.webwiki.at/roomeye.cc
http://www.webwiki.it/roomeye.cc
https://www.cgmimm.com/huzhou/manufacturing/deqing-roomeye-import-and-export-co-ltd
http://www.statesbd.com/company/Deqing-Roomeye-Import-and-Export-Co-Ltd_31367760/
https://www.exportimes.com/product/product_detail.aspx?pid=69138
https://www.businesslistings.net.au/China_Sliding_Window/Zhejiang/Deqing_Roomeye_Import_and_Export_Co__Ltd_/508535.aspx
https://www.renewableenergymagazine.com/directory/deqing-roomeye-import-and-export-co-
http://www.adelaidebd.com.au/company/Deqing-Roomeye-Import-and-Export-Co-Ltd_115793/
https://www.fmclassifieds.com/relay.php?m=12732511
https://partnora.com/ru/company/5f3f6c433c37e6ee84a2aa14/Deqing-Roomeye-Import-and-Export-Co-Ltd
https://www.jobspider.com/job/view-job-9779965.html
http://appliancespretoria.co.za/Aluminum-sliding-window-ad150524.html
http://www.foodsourcings.com/user-space/48358
https://www.linkcentre.com/profile/singledoor/
https://www.flyinggiants.com/forums/showthread.php?t=291453#post3013833
http://msnho.com/products/wholesale-china-sliding-door
https://site-stats.org/roomeye.cc/
https://www.dueclix.com/boarder
http://ads4world.com/housing/china-fascia-boards.html
https://mywishboard.com/wish/5300559
https://lookbook.nu/glasswindow
https://www.click.in/bikaner/aluminum-sliding-door-c53-v39096382


 



نظرات شما عزیزان:

نام :
آدرس ایمیل:
وب سایت/بلاگ :
متن پیام:
:) :( ;) :D
;)) :X :? :P
:* =(( :O };-
:B /:) =DD :S
-) :-(( :-| :-))
نظر خصوصی

 کد را وارد نمایید:

 

 

 

عکس شما

آپلود عکس دلخواه:






نویسنده : erlingerling
تاریخ : سه شنبه 11 شهريور 1399
زمان : 14:8


.:: This Template By : Theme-Designer.Com ::.