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A Reversal in the Trend of International Reserves - Hugo Salinas Price - Plata.com

"And I am glad to know that there is a system of labor -> where the laborer can strike if he wants to! I would to God that such a system prevailed all over the world. The Collected Works of Abraham Lincoln edited by Roy P. Basler, Volume IV, "Speech at Hartford, Connecticut" (March 5, 1860), p. 7.

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Beginning of the headline :In the reasoning that follows, the statement "all other things being equal" must be understood. What produces increases in the world total of International Reserves? Increases in International Reserves take place when the Reserve Currency issuing countries (RC) effect payments to the rest of the world (ROW). Typically, RC payments to ROW take place when: a) The RC countries are purchasing more stuff from the ROW, than the ROW is purchasing from the RC. In other words, when the RC as whole run t... Read More

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