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

"...the working men are the basis of all governments, for the plain reason that they are the most numerous..." The Collected Works of Abraham Lincoln edited by Roy P. Basler, Volume IV, "Speech to Germans at Cincinnati, Ohio" (February 12, 1861), p. 202.

consider seriously those who dis-parage Lincoln.

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Début de l'article :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... Lire la suite

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