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Frosty Snowman (@FrostySnowman13) APRIL 6, 2015 AT 8:14 AM Dear JC. Thanks again for posting this intriguing article. I have a couple of questions – When you say “A reduction in the monetary base of the USD, and all other currencies, will eliminate many of the systemic imbalances which exist today”, in your view:
a) How will this “reduction” be conducted? i.e. the mechanics: market or government driven?
b) When you say “monetary base”, do you include commercial bank money and revolving credit in this or just the money supply issued by the central bank?
What immediately springs to mind with this if revolving credit is included is card companies immediately reducing credit limits cutting many people off from the liquidity that has been a lifeline for so long. Not necessarily a bad thing of course, but which G20 politician would dare underwrite such a thing!?
I’m wondering what the general population would think of this as such an event would surely make the evening news on the day it occurred…
Cooper (@coopersmith648) APRIL 6, 2015 AT 12:41 PM Dear Mr Snowman, are you aware that your subscriptions and comments are in complete contrast to the discussion on this website?
Frosty Snowman (@FrostySnowman13) APRIL 6, 2015 AT 2:04 PM Dear Mr Cooper-Smith Many thanks for posting the ZH article. However, I cannot glean an answer to my questions from it, if of course it was your intention to point me in any kind of direction.
I’m simply interested to know how you would go about reducing a country’s monetary base to eliminate the imbalances JC speaks of in as orderly as fashion as possible. As my query is in direct relation to a statement made in this thread, I don’t see how my comment is out of place. Sorry…
Cooper (@coopersmith648) APRIL 6, 2015 AT 3:39 PM thank you Frosty for your comment.
I am a little embarrassed because I’ve attacked your comment without a proper understanding of what you were asking.
I focused on: “I’m wondering what the general population would think of this as such an event would surely make the evening news on the day it occurred”.
Rather than: “I’m simply interested to know how you would go about reducing a country’s monetary base to eliminate the imbalances JC speaks of in as orderly as fashion as possible.”
And saw red: https://www.youtube.com/watch?v=GuD07NekuQc
I note that I’ve taken other posts on this site out of context. It’s me that is sorry. In all honesty I don’t know how to respond to your pertinent question. Cheers
JC Collins APRIL 6, 2015 AT 3:58 PM Handled like gentlemen. Thanks for setting that excellent example. Frosty, I’ll respond to your original question when I have more time this afternoon. Stay tuned…
Dottie Derewicz APRIL 6, 2015 AT 12:08 PM Alternative media is continuing the, dollar crash scenario. How do people sift through this kind of information that brings fear to many.
natedawgee APRIL 6, 2015 AT 5:31 PM Dottie, how indeed! Cui Bono!
A view that QE is functioning as a debt control instrument:
QE for the management of governmental debt and SDRs for the management of foreign reserve accounts!
Dripfood APRIL 6, 2015 AT 7:11 PM That video explains the essence of QE very well, Nate. Thanx for sharing it.
Susan Morris APRIL 6, 2015 AT 10:14 PM Was this bloody and violent past really the only way to achieve this objective, soon to be played out in front of us?
Dottie Derewicz APRIL 6, 2015 AT 10:47 PM Wow..thanks for the video Nate.. I will be watching it again..
Cramley APRIL 7, 2015 AT 1:09 AM http://biz.timedg.com/2015-04/07/content_15125903.htm
JP Morgan Chase International chairman Jacob Franke:
“…if China is to become part of the SDR, China To change the international monetary system….Another point to talk about the currency, the yuan should not be a country’s currency should be used in the world”
Dottie Derewicz APRIL 7, 2015 AT 11:10 AM I don’t understand what this means since this article is in Chinese. I also don’t understand the point of… the yuan should not be a country’s currency, should be used in the world.Is that China’s opinion or JP Morgan’s or yours?
Cramley APRIL 7, 2015 AT 4:31 PM View these links in Chrome, right-click to translate or c/p into Google translate. A perusal of the Chinese blogs and news reveals a different picture of the Chinese strategy than offered by even the alternative media.
The RMB inclusion into the SDR is the exoteric plan. Think Trojan horse. China has something big planned. And it is not on board with the BIS/CityofLondon/IMF/DC/Big Four Central Banks complex. Oh my lord, it at war with what it calls agents of the “virtual economy that robs people”.
Remember the term ” catfish effect”. If the IMF/World bank, ADB are to continue to exist it will be as assimilated clones of the Chinese multilaterals. China’s going for it folks. It wants to be the top of the monetary food chain.
Cramley APRIL 7, 2015 AT 4:49 PM Japan joining will be a big step away from the dollar standard. Japan was probably threatened with another “tsunami” if it didn’t back out.
Who’s conspicuously missing from the AIIB? The Philippines. Probably also threatened by weather weaponry to stay on the leash. Keep an eye for the South China Sea dispute to heat up.
JC Collins APRIL 7, 2015 AT 5:17 PM Straight from the crap feast of Benjamin Fulford. What a joke Cramley. This site is for serious analysis.
Gustavsaure APRIL 7, 2015 AT 11:49 PM I don’t know about what cramley is saying or who Benjamin Fulford is but I’m curious: Are you suggesting these weapons do not exist and are not being used somewhere for some purpose right now this moment?
JC Collins APRIL 7, 2015 AT 11:59 PM I’m saying that storyline has been manufactured by the person referenced. The existence of methods to cause earthquakes is public knowledge. Weapons is one of those inflammatory words which I will not reference without proper evidence. Notice the difference?
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