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Strategies & Market Trends : Currents of Currency
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From: Ahda3/31/2013 11:42:03 AM
   of 594
 
News Release No.: 13-12 Date: March 22, 2013
California’s unemployment rate unchanged at 9.8 percent
Nonfarm payroll jobs increase by 1,700



State of California

March 29, 2013

March 2012 Benchmark

REPORT 400 C

Monthly Labor Force Data for Counties

February 2013 - Preliminary

 Data Not Seasonally Adjusted

unemployment 9,7%

Los angeles times March 29, 2013
California unemployment rate drops to 9.6%; state adds 41,200 jobs

Take your pick as we are so accurate in our stats. 9.8% 9.7% 9.6%

I am going to date this April 1st aka April fools. Day fdic.gov;

An efficient path for returning the sound operations of the G-SIFI to the private sector would be provided by exchanging or converting a sufficient amount of the unsecured debt from the original creditors of the failed company into equity

What is currency? Does currency represent value? World trade increases distortion of value be that either external trade or internal digestion of the trade.If you have a currency that is hard backed you can take inventory but who wants inventory when one has to invent how to change debit to credit. You go to the store you buy an item for a fixed price there is no flexible where you can have a free bee as you are paying their rent. It appears that banking wants to put itself in a rent free world
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