Re: What it boils down to is you can't adjust currencies to act as the increased incentive to product purchase on the world market. The BOJ attempted to lower the Yen which meant they would reduce product price on the world market. That spurned the desire to hold US dollars so by decreasing Yen value the international companies in Japan found they faced increased world operational costs.
What it boils down to, imo, is that the Bilderberg cabal scrambles to kickstart the Transatlantic trade... Bilderberg schemers don't want a world that revolves around the Transpacific loop and, ultimately, around China... Hence their pincers ploy: the SARS psycho-terror trick against China and, simultaneously, the euro boost.
Indeed, the SARS hysteria has conveniently choked the Chinese powerhouse (GDP growth trimmed by a full 1%) and the euro boost against the USD is but a financial trick to SIMULATE growth in Europe! In three months the euro rose by about 20% --from 0.96 USD to 1.17 USD. That means a 20% growth for US exporters in their European market(s) --as they convert their euros into dollars. At least, part of the 20% growth in the exchange rate will trickle down to consumer-oriented businesses: US-made computers, cars, software, garments,... are cheaper for European buyers. At the B-to-B level, it might not play out as favorably though since the rise of the euro hampers corporate Europe's competitiveness... Yet, the Bilderberg scheme assumes that an exchange-rate-triggered growth will induce a REAL trade growth between Europe and America and, subsequently, narrow the gap with the Transpacific trade.
Gus |
