I currently have my head in the drawings, plans and cazzariolate summer place so much, but soon I will return to write and I have some controversy on the tip of my tongue would like to post on the blog.
For now I suggest you listen to this Mr. Benetazzo (on youtube are all his videos) and am glad to know that the economy is actually for everyone if there is someone who knows how to explain in a practical and simple! But if the concepts and cultural background adds a touch of imagination and vision, that's it! "... You can ... FAREEE!" some might say. In short, it's not like they want me to believe in my bank, the People of Milan, where I'm treated like an idiot and where the explanations are nebulous and mystical!
'Ste facciacce ass!
good day;)
"... The fact is that America has a monopoly on the oil market. Oil is sold exclusively in dollars at the New York Stock Exchange (NYMEX) and London (IPE) both in American hands. This means that the world's central banks are forced to maintain large stockpiles of dollars even with a dollar weighed down by a debt of 8 trillion dollars and with the Bush administration has stated that it continued its policy of making permanent the cuts in borrowing taxes.
The American monopoly, as the world reserve currency, followed by a perfect pyramid scheme chain letter. Since other nations are forced to buy dollars in order to supply oil, the U.S. can continue their policy of reckless borrowing without paying a pledge. (Currently the dollar accounts for 68% of the total world reserves, up from 51% just a decade ago.) The only threat to this strategy is the prospect of competition from an independent third exchange in the world, forcing the already shaky dollar deal face to face with a more stable reserve currency (and no major debts) as the euro. This would allow central banks to diversify their reserves in America deferring billions of dollars with the effect of causing a devastating cycle of hyperinflation. "
Mike Whitney
Source: www.dissidentvoice.org
Link: http:/ / www.dissidentvoice.org/Jan06/Whitney24.htm
23:01:06
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