SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (136986)9/6/2013 8:53:47 AM
From: Bread Upon The Water  Read Replies (1) | Respond to of 149317
 
That is an interesting idea about a global monetary fund for "stabilization" usage. Raises lots of questions about required funding and administration of such--a complex undertaking. As is the world economy as it becomes more and more inter-related. I do believe we are moving in that direction of the idea proposed in the article you posted, but not there yet.



To: RetiredNow who wrote (136986)9/6/2013 9:11:26 AM
From: Metacomet  Read Replies (2) | Respond to of 149317
 
G20 leaders grapple with risks of reduced US monetary stimulus

Really tends to beg the question as to who might be in a position to challenge the reserve currency status of the US..

The Chinese are among the US liquidity clients, who do not even have a free trading currency to start with, that are concerned with US policies that might limit their development going forward

Hardly a candidate to succeed the US, in the foreseeable future as the worlds liquidity engine

..as I noted elsewhere, the US position as the source of the worlds reserve currency is fairly safe from about everything, but stupid Republicans in the House....

The ability to read should be a requirement for election

..thinking is probably a bridge too far



To: RetiredNow who wrote (136986)9/6/2013 11:12:48 AM
From: ChinuSFO  Read Replies (2) | Respond to of 149317
 
The idea of a global fund will not work based on what we are seeing with the Euro. The Indian rupee has come under pressure because of rampant corruption and crimes in the highest levels of their Govt. why should countries like China and other Western nations contribute to such a fund to bail out situations in countries like India when their leaders themselves are refusing to change their way of operating in a system that breeds corruption.