Friday, July 24, 2015

Global Monetary System

Some random thoughts on the present Global Monetary System.
1.It is controlled by the developed economies of the West,its Bankers and Oligarchs.
2.Gold price is suppressed to keep the US Dollar strong,as per reports.
3.Derivatives are being misused to suppress the price of Gold.
4.NIRP and ZIRP are being used to confiscate the wealth of the Citizens.
5.For item 4 above,Cashless Society is being recommended by "experts" in the developed economies.
     IF CASH IS AROUND NIRP WILL BE INEFFECTIVE.
6.QEs are being used by the ECB,BoE and BoJ to keep the US Dollar stronger.
7.China's remnimbi is being opposed,in the IMF basket[SDR],as manipulation will be impossible.From October 2016,included,in the SDR.
8.Stock Markets make the ordinary people lose wealth.but the developed economies insist on the World to keep the capital markets strong.
9.Of Course,the Fractional Reserve Banking.
10.Debt via Deficit Financing and Keynesian spending,bankrupting nations.
11.Due to item 10 above, bankers like Bonds.
12.Due to item 11 above,they keep interest rates low.
13.That is,they claim deflation even when inflating!
14.BIS keeps the margin requirement for the Derivatives exposure of banks,very low.The major Derivatives holders are banks in the developed economies,each holding Derivatives worth the global GDP or more.BIS keeps Derivatives & Stocks Holding,by these Banks, equivalent to Physical Gold Holding.
15.CAR is not adhered to,by the Banks of the developed economies,reportedly.
     Seems highly loaded in favour of the Bankers of the developed economies.
     

No comments:

Post a Comment