Money is Evil
Money is Evil
Out of context: Reply #111
- Started
- Last post
- 169 Responses
- ********0
"he simple fact we're not all using the same currency is the basis for controlling all markets."
What?....
and no we haven't run out of credit, and our middle class will not suddenly disappear. You can now take off your tin foil hat.
- the fed is in the process of producing more money right now to lower its value to help exports.zarkonite
- All developed countries do this. It's not controlling the markets, it's controlling your currency.********
- at the same time complaining that china's yen is too low, doesn't sound like a free market to me.zarkonite
- China has historically refused to FREELY float their currency like the rest of us do.. keyword is freely********
- that IS how you control your market, what do you think will happen your export market if the fed doesn't play with it?zarkonite
- and China's only been controlling their money since 2008zarkonite
- besides, the value of money is based on rules that also change regularly. WTO, read up my friend.zarkonite
- I don't need to read up on anything. I'm quite well versed in this. What is your point?********
- Yes, every country has policies regarding their respective currencies... and then...? How does that discredit capitalism...********
- Since 2008? You read up. China has had a fixed currency for longer than that********