Not a mention of Swifts. Odd. The BRICS should simply trade in their own currencies, divorced completely from the WB and IMF and WEF, and thus be out from under those corrupt entities. US sanctions will no longer have an effect and destroy lives. BRICS will save the majority of the world from the hegemonic mania grip of the US.
Evidentemente non leggi i miei articoli. In questo articolo non era necessario menzionare una cosa ovvia. La politica del cambio flessibile si fa sulla propria valuta e quindi e’ implicito scambiarsi i beni con le valute nazionali
https://larouchepub.com/eiw/public/2023/eirv50n18-20230505/lar_trade_without_currency_offprint.pdf I would recommend you check out this essay by Lyndon LaRouche in the year 2000 about how to escape the British Empire's grasping concentration camp of a monetary system, namely the floating exchange rate system that came about because of the British destruction of the Bretton Woods system through their agents, George Shultz & Milton Friedman. I'm not sure why you conflate the developing BRICS currency with an attempt by the British Empire to impose a Malthusian population reduction scheme through a One World Government currency. Keynes of course being the president of the Eugenics society with all the racist overtones that come with it. With China over emphasizing infrastructure development, space exploration, pushing the bounds of nuclear technology and helping formery colonial nations achieve modern living standards through infrastructure, they've resorted to dirigistic methods of state investment free from any globalist influences that prefer the cheap labor raw material export model.
Thanks for this piece. Perhaps the fundamental issue is that the Bretton Woods Institutions are dominated by the West, and the challenge for BRICS is to create a set of institutions that act impartially for the benefit of the less powerful countries.
Also, how to address long-term trade imbalances without resorting to tariffs or manipulating exchange rates? Could a decentralised system really work? I’m somewhat sceptical.
Grazie. Gli squilibri delle bilance commerciali si risolvono attraverso la politica del cambio flessibile sulle valute. Un paese che esporta ha un cambio che sale fino al punto che i suoi prodotti diventeranno eccessivamente alti per chi importa da esso. A quel punto si rivolgeranno altrove ed il paese perderà quote di esportazioni, così che la sua valuta avrà un deprezzamento. L’import/export è un fenomeno fisiologico a fronte di un esportatore occorre chi importa i suoi bene. E la somma algebrica dei saldi delle bilance commerciali degli Stati del mondo e’ sempre zero.
Not a mention of Swifts. Odd. The BRICS should simply trade in their own currencies, divorced completely from the WB and IMF and WEF, and thus be out from under those corrupt entities. US sanctions will no longer have an effect and destroy lives. BRICS will save the majority of the world from the hegemonic mania grip of the US.
Evidentemente non leggi i miei articoli. In questo articolo non era necessario menzionare una cosa ovvia. La politica del cambio flessibile si fa sulla propria valuta e quindi e’ implicito scambiarsi i beni con le valute nazionali
https://larouchepub.com/eiw/public/2023/eirv50n18-20230505/lar_trade_without_currency_offprint.pdf I would recommend you check out this essay by Lyndon LaRouche in the year 2000 about how to escape the British Empire's grasping concentration camp of a monetary system, namely the floating exchange rate system that came about because of the British destruction of the Bretton Woods system through their agents, George Shultz & Milton Friedman. I'm not sure why you conflate the developing BRICS currency with an attempt by the British Empire to impose a Malthusian population reduction scheme through a One World Government currency. Keynes of course being the president of the Eugenics society with all the racist overtones that come with it. With China over emphasizing infrastructure development, space exploration, pushing the bounds of nuclear technology and helping formery colonial nations achieve modern living standards through infrastructure, they've resorted to dirigistic methods of state investment free from any globalist influences that prefer the cheap labor raw material export model.
Thanks for this piece. Perhaps the fundamental issue is that the Bretton Woods Institutions are dominated by the West, and the challenge for BRICS is to create a set of institutions that act impartially for the benefit of the less powerful countries.
Also, how to address long-term trade imbalances without resorting to tariffs or manipulating exchange rates? Could a decentralised system really work? I’m somewhat sceptical.
Grazie. Gli squilibri delle bilance commerciali si risolvono attraverso la politica del cambio flessibile sulle valute. Un paese che esporta ha un cambio che sale fino al punto che i suoi prodotti diventeranno eccessivamente alti per chi importa da esso. A quel punto si rivolgeranno altrove ed il paese perderà quote di esportazioni, così che la sua valuta avrà un deprezzamento. L’import/export è un fenomeno fisiologico a fronte di un esportatore occorre chi importa i suoi bene. E la somma algebrica dei saldi delle bilance commerciali degli Stati del mondo e’ sempre zero.