PKPolitics Discuss » Current Issues
Treason by Members of the United States Congress
(3 posts)-
Migel9
MemberPosted 2 years ago on 29 Mar 2010 16:53 # -
The banks secure deposits from the general public against promise to pay interest at fixed rates without guaranteeing the face value of the pertinent currency prevailing in the international market at the time the money was deposited. In case, therefore, of devaluation of currency, the depositors lose the net worth of their deposits to the extent of devaluation. As happened with the US $, while 87 cents of a $ were equal to one Euro in 2001, $ 1.4925 is equal to one Euro today. Practically, thus the $ has lost 58.29% of original worth. All this is a result of credit based economy and loan based investment.
As far as the war on terror is concerned, its real cost has been passed on to the countries with US Dollar - based reserves or currencies but, interestingly, the currencies of most European NATO members were, in the year 2000, delinked from the Dollar by floating the Euro as a common EU currency.
Posted 2 years ago on 31 Mar 2010 7:25 # -
تمہار ی تہذیب تمہارے خنجر سے خودکشی کرے گی'
شاخے نازک پھ جو آشیانہ بنے گا وہ نہ پائیدار ہو گاPosted 2 years ago on 31 Mar 2010 7:33 #
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