Utopia Talk - Politics - da brics xpands again

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Utopia Talk / Politics / da brics xpands again

TheChildren
rank Wed Jan 08 23:03:00
http://www.youtube.com/watch?v=tWWaWwKIMcI

congratulations 2 da new members

once again da most powafull economic blokc and biggest resource block becomes stronger once again

kargen
rank Fri Jan 10 01:46:51
and just like the other nations that joined they will not commit. Many have joined but not one has actually switched their national currency over to the new currency.

And they won't.

Turtle Crawler
rank Fri Jan 10 01:53:29
There is no "new currency" nor any plan to make one.

jergul
rank Fri Jan 10 03:58:02
That is the thing. The global economy does not need a "new currency". It needs an method where economic transnational transaction do not favour any currency.

Objectively true. It lowers the cost of international trade. Subjectively devastating. It would tank the US economy.

murder
rank Fri Jan 10 14:12:24

"That is the thing. The global economy does not need a "new currency". It needs an method where economic transnational transaction do not favour any currency."

You proposing gold?

jergul
rank Fri Jan 10 15:17:41
Murder
Most definitely not.

murder
rank Fri Jan 10 16:58:43

then how the hell are you going to create a system that does not favor any currency?

jergul
rank Fri Jan 10 17:30:44
I am not going to create any currency. I promise :).

I dunno. That is one of the things the brics are trying to figure out. The model they are working on is a transnational currency in addition (not instead of) to domestic currencies. So if you wanted to import drone parts, you would do so in the transnational currency. Sort of how the USD has worked in trade between say Russia and China. Russia buys dollars, sends them electronically to China. China coverts the dollars to yuan. The Chinese central bank accepting the dollars says fuck, I guess we have to buy another US port now. The US takes the port dollars and buys German cars, the Germans take it to buy Russian natural gas. And so the cycle repeats.

TheChildren
rank Fri Jan 10 22:51:52
believe u me, brics is da future

da currency dunt matter right now. all is movin in da right direction

2gether they controll da vast majority of all resources, all. im talkin 3d, 4d and 5th dimension

show deleted posts

TheChildren rank	Wed Jan 08 23:03:00 http://www.youtube.com/watch?v=tWWaWwKIMcI congratulations 2 da new members once again da most powafull economic blokc and biggest resource block becomes stronger once again
kargen rank	Fri Jan 10 01:46:51 and just like the other nations that joined they will not commit. Many have joined but not one has actually switched their national currency over to the new currency. And they won't.
Turtle Crawler rank	Fri Jan 10 01:53:29 There is no "new currency" nor any plan to make one.
jergul rank	Fri Jan 10 03:58:02 That is the thing. The global economy does not need a "new currency". It needs an method where economic transnational transaction do not favour any currency. Objectively true. It lowers the cost of international trade. Subjectively devastating. It would tank the US economy.
murder rank	Fri Jan 10 14:12:24 "That is the thing. The global economy does not need a "new currency". It needs an method where economic transnational transaction do not favour any currency." You proposing gold?
jergul rank	Fri Jan 10 15:17:41 Murder Most definitely not.
murder rank	Fri Jan 10 16:58:43 then how the hell are you going to create a system that does not favor any currency?
jergul rank	Fri Jan 10 17:30:44 I am not going to create any currency. I promise :). I dunno. That is one of the things the brics are trying to figure out. The model they are working on is a transnational currency in addition (not instead of) to domestic currencies. So if you wanted to import drone parts, you would do so in the transnational currency. Sort of how the USD has worked in trade between say Russia and China. Russia buys dollars, sends them electronically to China. China coverts the dollars to yuan. The Chinese central bank accepting the dollars says fuck, I guess we have to buy another US port now. The US takes the port dollars and buys German cars, the Germans take it to buy Russian natural gas. And so the cycle repeats.
TheChildren rank	Fri Jan 10 22:51:52 believe u me, brics is da future da currency dunt matter right now. all is movin in da right direction 2gether they controll da vast majority of all resources, all. im talkin 3d, 4d and 5th dimension
	show deleted posts

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