jueves, 6 de junio de 2013

THE BCE AND MR. DRAGHI ONLY CAN EXPLAIN STORIES THAT NEITHER THEMSELVES BELIEVES THEM TO HIM


Today the strong ascent of the euro that is about the 1,32 dollars highlights while the European markets all stick another bump behind them but these going up the differentials of risk of the sovereign debts again goes the BCE of I vacation Germany of elections and with the water to the neck, (now unfortunately literally) France doesn't know for where to throw, and the duet Italy Spain praying to god on one hand and to the devil for the other one to see if some of both fixes something this it is the panorama and with this whole marvel of data and news the Euro goes and it is placed to 1.32 dollars somebody he is laughing at us, that clear.  

There are things difficult to understand and this that is passing with the euro is one I believe that it is more mysterious than the miracle of the sacred Trinidad, (for those not Catholic) that consists in that "Father, Son and Sacred Spirit are the same thing". But I don't mean with this that those that we are suffering the tremendous consequences of the situation of galloping crisis and that we are all the civic poor, we should believe alone for faith that what happens is unavoidable, just the opposite, that is what you/they want to make us believe the politicians and world economists because they don't want to admit their failures. 

The first incomprehensible miracle is: how it can be that the foreign currency of the country numbers one (still with permission of China) of the world that has growths positive last quarter’s of between the 1.5 and 3% of the GDP, be lower than that of Europe that according to the markets and the own qualification companies all them American, it is in frank recession and indebted until the brows and with growth quarterly in recession for one year, and it is not worth me that they say that it is because the Dollar has interests of the 0,25. The euro is that is to say with 0.50% a rickety 0.25% more and its value is 32% more than the Dollar. 

Second miracle: as it can be that the Yuan sights of the second world power this it is not that this lower one that the euro, if not that practically it is not that is to say unnegotiable in the international markets which are the rules that govern today in day the valuation of the foreign currencies, because if they have changed, we should know it all.  

Lesson of basic economy for those not initiate, before continuing we will review the foundation of the foreign currencies regarding their use and valuation. In the prehistory, at the end of the Neolithic one it was marketed by means of the exchange of physical things, I had grain surplus and your have a jars or hoes and we made an exchange so much grain for so many jars and hoes, I had to keep but I seed and to work the earth and your have eaten for you tribe, easy and comprehensible truth. 

Let us continue the history it was advancing and the humanity growing and already that of going changing things was weighed a little and annoying because it was necessary to load with the things and to also coincide with the other ones loaded until the ends they imagine it truth, so he appeared the use of the currencies that in principle in some cases were also things and it is even known that animals (pigs and sheep for example) until I derive in the type common of the currency like we know it now round and with stampings more or less very made in their plane faces, basically we locate ourselves in the Roman empire where silver currencies were coined it gets paid and gold whose value was the intrinsic value of its metal and size and weight. 

So already all speak of the same concepts: Currency, value, and relating. (That is to say the sacred Trinidad for that reason the initial reference) each town to its currency named her like he wanted that it didn't care, it coined it with the form and image that was him significant, but the value that was already sacred, he registered in its face and it was indexed in agreement with the grade and weight of the GOLD, SILVER, BRASS that they were recognized as the values pattern for everybody of the time. So the towns could make currencies more or less depending on the gold, silver and/or brass that already had outside for own extraction or for accumulation of currencies of other towns obtained by trade I despoil and wars. Clear and simple you could not deceive nobody or have matter it prevails valuable or you was not anybody. 

On the half age you already invents the paper because it was no longer question of going loaded with kilos of gold or silver for the world and the banks and the letters of change were created (today they are still used) and they were precursors of the note or current money these documents they served so that a merchant gives her merchandise against a document that she told him that so-and-so of such owed him so many currencies for value of (X) this was very practical because these documents could be made effective in any place that there are trade and "Banks" but the good and simple was that they continued being that is to say true they referred to value gold and the gold was same in Rome that in Damask, or in The India. 

The reference to the value gold, stayed of different forms and comparisons as they left positioning more an more countries and their notes that were already denominated also generically Foreign currencies had different values already depending on many internal factors, although indexed to the gold, first they lost the condition that they were exchangeable for the value of the reference metal, and finally on the years thirty of the XX century you Already complicates all point that I derive to the creation of the market of foreign currencies by means of the massive and only impression of the paper currency like we know it today, that is to say that already nobody knows how it works. 

But what is certain it is that the world needs to give a value to the financial documents, calls foreign currencies of the countries, because it is the tool to trade and some factors of valuation have been created, in them they enter the wealth characteristic of the country (its GDP), their reservations of gold and other foreign currencies (monetary bottom) its power of indebtedness their deficits commercial etc., but today I believe me that mainly there is not day a concept so economic but if very material, like it is the power of their armed forces of to discourage to that somebody tells him that its foreign currency is not worth or it is worth what he says. And this it is the current situation.  

To have who has value to tell China what the Yuan is worth, and to the USA what is worth the Dollar, nobody, they make what they want, but that it happens with Europe that anybody, he/she can tell us what is worth our foreign currency and he goes this way us, because I don't believe that Mr. Draghi, Mrs. Merkel, the Mr. Hollande, be silly, and don't know that a conglomerate of nations that governs them to us on the whole nobody that some are in crash that others are almost wildly in fact that all owe a numberless of Eurus, and that all today they have a negative GDP, have enough guarantee to endorse a foreign currency of 32 % stronger that of the first country of the world. It is absurd and untenable they say what these gentlemen and the BCE say. 

The worst thing of this, is that they put at stake the coexistence of the inhabitants from Europe because they are forcing to the town to pay their errors, non gentlemen the debt is not mine, I don't owe anything to anybody, and as me many workers, merchants, managers etc. are you that insist an and another time, and they owe thousands of millions of Eurus and they insist every day in duty more, and they go up the interests, and they sell its own debt every more expensive day, with what increases more. And to all that the world is silly, and he says that well that great economy is the European, I want to buy many Eurus, because they give me guarantee. We go man that one can no longer believe. 

It is necessary to be planted once and for all, and if he wants to stay the Euro, catch the machine they emit euros for the entirety of our debt, and devaluate the agreement euro with the quantity of new on currency in circulation, and starting from here we begin of zero, let us put the euro more or less between 1 and 1,10 dollars, the price of the money to 2% to avoid that a galloping inflation happens that am sure would not happen because the speculation would end Europe it has more than enough once and for all, and to work it stops to unify Europe once and for all and if they don't want to make that, because that each one you leaves the ship and survive the one that can because as the Titanic, this collapses. 

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