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A new currency based on gold as this would be more stable than the current currency trading which is manipulative he said the precious metal could be used to evaluate import and export activities among east Asian Countries quote we can make settlements using that new currency using gold that currency must relate to the local currency as the Exchange Rate and that is something that can be related to the performance of that country that way we know how much we owe and how much we have to pay in the special currency of east asia hes saying like this is for the trade region of east asia he wants a gold backed unit of account for trade so that we know for real what were getting and whos cheating and whos not cheating so any way you can tell if youre making any money exporting and importing is if you have a yardstick or a benchmark. To apply your economics and you are so it has alw ....
Into a period of monetization globalisation dollars ation after world war 2 where the us convince the world that you dont need a yardstick just take our word for it and the pie grows infinitely and you get partly infinite by and thats failed and countries like Malaysia China russia and others are saying you know what i think well go use gold you know tell us what were making or losing in gold and donald trump is really pushing this hard because hes saying that the us wants to withdraw from being a globalised nation they want to be a mercantile us nation and so the striving this is putting it into fast overdrive now well it also matches with what david graber has said in his book the history of debt and what we do during times of distrust between individuals within a society and between within nations within the global in the world so right now we have a system whereby people do not trust each other thats why we have the globalizat ....
Recent high level controversy surrounding you tube clearly demonstrates the online universe and freedom of speech are not on the same page the plot from says he wants to ban extremism but its probably fair to say most would agree on this the problem is how you tube define its content. Kaiser this is the kaiser reported now Inconvenient Truth time weve never been off the Gold Standard people say we left the Gold Standard but in fact Central Banks clear all their. Dealings with gold. And now after this period of experimentation with a purely run currency thank for seas of the globe various countries are recognizing that its all nonsense you need to go back to pure Gold Standard as asian stacie well gold has alway ....
Praised the 911 attacks and. The latest on these stories head to our t. V. Dot com stay with us now for the final Financial News in the cut kinds of problems. Kaiser this is the kaiser reported now and going to be a truce time weve never been off the Gold Standard people say we left the Gold Standard but in fact Central Banks clear all their. Feelings with gold. And now after this period of experimentation with a purely run currency and for cities of the globe various countries are recognizing that its all nonsense you need to go back to pure Gold Standard as asian stacie well gold has always been there and we have not found a way to destroy it and throw it into the sun and destroy the truth telling that it does fo ....