TheDFactor
40p11 comments posted · 1 followers · following 0
15 years ago @ Glenn Beck - The 912 P... - Global Currency? Not ... · 1 reply · +2 points
China needs a cheaper yuan just like the U.S. needs a cheaper dollar. With a cheaper currency, China can avoid deflation... spark inflation... and boost its exports.
So, China is actually going to put a lot of pressure on its currency in the months ahead, by selling yuan and buying natural resources (like gold and oil).
Since China's currency is tightly pegged to the U.S. dollar, both are going to fall in value against other currencies, namely the euro.
This way, China and the U.S. get what they want: Cheaper currencies.
Meanwhile, both countries' exports to the Euro region and other areas, like Canada and South America, get a huge boost (of course with cheap dollars).
15 years ago @ Glenn Beck - The 912 P... - Global Currency? Not ... · 9 replies · +1 points
In short, the Euro region will get stuck with massive deflation as the U.S. and China try to inflate their way out of the global financial crisis, together.
Somewhere along the way, also within two to three years from now, China, the U.S. and Europe will get together under a new G-20 series of meetings, and a new, single world currency will be born.
Like it or not, it's coming. First, the dollar's reserve status must come under question. And as you've seen in the markets and the press recently, that process has already begun.
15 years ago @ Glenn Beck - The 912 P... - Does Bill Mahr Have Ra... · 0 replies · +1 points
15 years ago @ Glenn Beck - The 912 P... - Does Bill Mahr Have Ra... · 0 replies · +1 points
15 years ago @ Glenn Beck - The 912 P... - Does Bill Mahr Have Ra... · 0 replies · +5 points
15 years ago @ Glenn Beck - The 912 P... - Does Bill Mahr Have Ra... · 1 reply · +2 points
15 years ago @ Glenn Beck - The 912 P... - Does Bill Mahr Have Ra... · 3 replies · +1 points
Does that mean that the Revolutionary War was fought in vain…?
Does that mean that the Civil War was fought in vain…?
That Dr. Martin Luther King shed his blood in vain…?
There will always be a cost to freedom, and more often than not that cost will be the blood of men opposing freedom and those that will eventually prevail against those who would suppress our freedom!
There is no free lunch, and there will never be freedom without costs…!
15 years ago @ Glenn Beck - The 912 P... - Does Bill Mahr Have Ra... · 0 replies · +2 points
15 years ago @ Glenn Beck - The 912 P... - Does Bill Mahr Have Ra... · 0 replies · +6 points
15 years ago @ Glenn Beck - The 912 P... - Does Bill Mahr Have Ra... · 0 replies · +4 points
You are too ignorant to know how much and how often Glenn Beck chastised the Bush Administration for the missteps and actions taken that were contrary to the US Constitution and inappropriate to we the people.
Rather than bash Glenn, or Bush, or Clinton, or Carter, how about constructive comments on how to fix what several presidents, congressman and congresswomen have foisted upon the United States that might turn those things around and unite us (before it is too damn late)?
How about very short term limits without pay…?