After the RMB is accepted as a world reserve currency the USD would be devalued, and the RMB will rise. This is hugely important and they want to manage this…
After the RMB is accepted as a world reserve currency the USD would be devalued, and the RMB will rise. This is hugely important and they want to manage this…
HAPPY NEW YEAR!
We are alert to U.S., Russia, China relations as China exerts international leadership role.
A bank clerk counts Chinese yuan banknotes at a branch of Industrial and Commercial Bank of China in Huaibei (Reuters/Stringer) and Russian ruble banknotes (Reuters/Ilya Naymushin) Ditching U.S. Dollar: China, Russia launch financial tools in local currencies December 29, 2014…
In the USA, People wanting alternatives and local solutions can avoid prison threats with paper coupons as local community currencies (such as found in Ithaca, New York with Ithaca Hours).
Consider what is money and the examples of “frequent flyer miles”, store coupons, and other forms of “money”…
Is China an opponent to the New World Order global governmental system or a witting collaborator with it?
Every day since November 1 [2014] has brought new lows for the Russian ruble.
William C. Dudley, President and Chief Executive Officer of the Federal Reserve Bank of New York, New York City spoke about “Reforming Culture and Behavior in the Financial Services Industry” as a imperative.
I found it very revealing from the media releases that Officials acknowledged the lost of the public’s TRUST.
Suspicious observers should ask, Why was the EBOLA Virus a major topic at the meetings?
Federal Reserve Financed “Billions of Dollars to Great Britain, France, Italy, and their allies” to fund the World War.
The Gross Domestic Product (GDP) of the United States, the value of our economy, is roughly $15 trillion. The GDP of the entire world is $63 trillion.
According to the Office Of The Comptroller of the Currency (OCC) the value of the derivatives on the books at J.P Morgan is $70 trillion.
That’s nearly 5 times the size of our economy. That’s more than the entire world economy.
At one bank.