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To: Haim R. Branisteanu who wrote (108169)6/12/2001 7:02:21 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 436258
 
Haim:

Agreee with your take on the strong dollar policy. Simply a sophisticated mechanism whereby the US can live beyond its means year after year since it is the sole superpower. The war against gold is only one part of this process.

BTW, the current international monetary system was designed with these ends in mind. The way the world works now, many smaller counties can only achieve a modicum of prosperity by sending a torrent of cheap exports to the US. And these exports are paid for by dollars manufactured out of thin air. Sooner or later the international monetary system must be fundamentally restructured to give the rest of the world a fairer shake.



To: Haim R. Branisteanu who wrote (108169)6/12/2001 7:54:33 AM
From: KyrosL  Read Replies (2) | Respond to of 436258
 
>>and this is also mostly achieved by the military might and patronage of the US (no different than protection money in your downtown night club).<<

I find this statement outrageous. Are you actually saying that the US is compelling exporting countries to hold dollar balances via military threats? Do you actually believe that China and Japan and Europe hold dollars because of actual or implied threats that the US will attack them militarily unless they do?



To: Haim R. Branisteanu who wrote (108169)6/12/2001 10:35:14 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
i agree...it's the thread by which the entire scam hangs, so to speak.