posted on Nov, 13 2012 @ 12:10 PM
reply to post by braane1
This trend started under a GOP white house!
This is what is really going on, and your dear Bush started it! Now we must stay the cource because the dollar is at stake!
Currency war, also known as competitive devaluation, is a condition in international affairs where countries compete against each other to achieve a
relatively low exchange rate for their own currency. As the price to buy a particular currency falls so too does the real price of exports from the
country. Imports become more expensive too, so domestic industry, and thus employment, receives a boost in demand both at home and abroad. However,
the price increase in imports can harm citizens' purchasing power. The policy can also trigger retaliatory action by other countries which in turn can
lead to a general decline in international trade, harming all countries.
Here is the reason for the increasing police state!
According to economist Richard N. Cooper, writing in 1971, a substantial devaluation is one of the most "traumatic" policies a government can adopt
– it almost always results in cries of outrage and calls for the government to be replaced
Bush didnt just wage war in the middle east he took on China et all in a currency war! BUSH, BUSH, BUSH and BUSH!!!!!!!
From one of the most free and prosperous nations in history we stand on the verge of a police state and financial collapse!
I really fail to see how electing Bush 2.0 I mean Romney would have solved anything! You guys have 4 more years to wrap your head around imlementing
real change! Stop looking to the two party system to save you! Elect real leaders, not plastic men!
Dr. Ron Paul 2016!!!!!
P.S. Turn off FOX, CNN et all!
edit on 13-11-2012 by Donkey_Dean because: (no reason given)