REPORT ABUSIVE MESSAGE
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Subject
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Africans, Asians, Latin Americans and others Have Been Subsidizing the West for Decades
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Poster Handle
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Anonymous Coward |
Post Content
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That is done in many ways, one is through the special privilege currencies like USD, Euro, Pound and Frank have internationally. Thanks to the special privileges those currencies enjoy, issuers of those currencies can print them nonstop, well aware of the fact that those currencies can "chase" goods and services around the world. If other countries do the same, they immediately suffer hyperinflation like in Venezuela or Zimbabwe, not so those privileged Western countries. Sadly, those countries could lose their privileges soon. Present Printing Speed of the EZB:
100 000 Euro per second
or ca. 10 billion per day
or ca. 4 trillion per year Quoting:
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Please verify you're human:
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Reason for reporting:
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