This clip shows how interest rates -- determined in national financial markets -- and exchange rates -- determined in the foreign exchange market -- interact. When the central bank changes the interest rate, it affects the no-arbitrage condition in the foreign exchange market: Given a constant "fundamental" expected exchange rate, the current exchange rate depreciates (rises) following a decrease of the domestic interest rate. Vice versa, the current exchange rate appreciates (falls) following an increase in the domestic interest rate.
Views: 15246 Department of Economics
This clip summarizes three issues that arise in fixed exchange rate systems for a small open economy: (1) Pro-cyclicality of monetary policy, (2) effectiveness of fiscal policy for stabilization, and (3) the possibility of a balance-of-payments crisis in the face of an expected exchange rate devaluation.
Views: 11713 Department of Economics
This clip develops a diagram for the foreign exchange market based on a simple no-arbitrage condition. The two axes show current exchange rate versus home currency returns of the two financial investments. The home currency return to home currency asset is independent of the exchange rate, whereas the home currency return to foreign currency investment rises with a more appreciated (lower) exchange rate, because the expected exchange rate is assumed fixed. The argument is based on the standard textbook by Krugman/Obstfeld.
Views: 11322 Department of Economics
This clip derives the uncovered interest parity condition, or UIP, through a no-arbitrage argument. The clip abstracts from risk premia and other complications. In foreign exchange market equilibrium, the return to financial investment in an asset denominated in "home" currency must be equal to the sum of the return to financial investment denoted in "foreign" currency and the expected rate of depreciation of home currency.
Views: 39984 Department of Economics
The Ancient Law Merchant, a book published in 1629 The author mentions the relation in value between silver and gold He gives the varying rates between European countries, with England valuing gold over silver the most, and Milan in Italy the least. This author confirms what we have heard elsewhere, that silver was valued more in the East Indies (China), and was exported there is high volumes. The author also mentions something we have never heard, which is that of "extant" (out of the ground or refined metal stocks?) metal worldwide, there is 500 times more silver than gold. Whatever he means, the prevailing ratio in Europe still ranges around 10-12 silver to one gold, and not a lot higher than England's 13 silver to one gold, or lower than Milan's 9.25 silver to one gold.
Views: 73 Bi Metalism
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Views: 33 TheGiantAwakens
This clip summarizes derivation of asset market equilibrium in a small open economy. The interest rate is determined in a standard textbook domestic money-bond market (LM); the current nominal exchange rate is determined in the foreign exchange market with given foreign interest rate and expected exchange rate. In consequence, a negatively sloped relationship between current nominal exchange rate and the level of output emerges.
Views: 7562 Department of Economics
When trading currencies, it's important to pay attention to other markets: stocks, bonds, and the price of precious metals can all help inform your currency trades. Today we'll look at how tracking silver prices can give you an indication as to what will happen with the US Dollar.
Views: 176 Sovereign Investor
This clip discusses the open economy policy trilemma, which states that any country can choose always only two of the following three desirable options: (1) Monetary policy autonomy to target domestic activity; (2) free capital flows and (3) exchange rate stability. Broadly, the international financial system focused (a) during post-WWII decades on (2) and (3) and (b) during recent decades on (1) and (2). While the exchange rate can act as an automatic stabilizer under (b), it is not clear that maintenance of internal and external balance has become any easier.
Views: 34950 Department of Economics
Two Top Stocks: http://www.FutureMoneyTrends.com/Invest Visit & Share Our BLOG: http://FMTBlog.com Watch the rest of interview here: http://youtu.be/s83qV6-TE_U SPONSOR: http://Canarc.net OUR SITE: http://FutureMoneyTrends.com PETER SCHIFF: http://EuroPac.net
Views: 3507 VisionVictory
National Investigation Agency (NIA) claimed to have busted a gang which circulated Pakistan-made fake Indian currency notes (FICN) worth crores of rupees, with the arrest of 11 persons. TIMES NOW is in possession of the exclusive pictures of the kingpin and the others arrested in raids conducted across four places across the country. Download the Times Now India's Election HQ app and get all the election info at one go. Click here: http://bit.ly/1iwcRBr Social Media Links :- Facebook - http://goo.gl/CC7rGc G+ - http://goo.gl/O1iEp5 Twitter - http://goo.gl/uHYsqP Also visit our website - http://goo.gl/XPUXe8 To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ
Views: 408 TIMES NOW
Currency Trading Basics http://www.currencymarketupdates.com/live-trading-feed If you are interested in making money on forex trading you need a good trading platform. The one we at Currency Market News recommend the eToro forex trading platform for beginners. eToro has unique social trading open door policy and you can start trading in this $7 Trillion business with a $10,000 practice account. The way this works is that by copying experienced and successful traders you can learn and gain more experience without risking a single dime or penny. Check out what eToro has to offer you by opening a free trading account today. http://www.currencymarketupdates.com/live-trading-feed Click the link above if you are interested in currency trading basics,learn forex trading,forex trading for beginners, currency market news,best forex trading platform for beginners, FxForexTrading,,currency trading basics,currency market news, http://www.youtube.com/watch?v=I6RxEYuZw_k
Views: 1425 Tom Nadir
GIL MD400V motor verifies the banknotes USD-EUR-GPB-CHF-YEN-CAD ETC. in 4 way and displays the value and fake notes are rejected (showed on Dislpay). In addition, the MD400V displays a running Value note and sub total. MD400V can verified all banknote in the world, the MD400V have inside the special function for auto acquisition new currencies. MD400V cam detects Euroland EUR United States North America USD Great Britain (cf; UK) GBP Canada North America CAD Russian Federation RUB Japan Asia JPY Sweden Occidental Europe SEK Switzerland Occidental Europe CHF Dominican Republic Caraibes DOP Yugoslavia East Europe YUN Ukraine East Europe UAH United Arab Emirates AED Kuwait Middle east KWD Turkey East Europe TRY Israel Middle east ILS South Africa Africa ZAR South Korea Asia KRW Bulgaria East Europe BGL Czech Republic East Europe CZK Denmark Occidental Europe DKK Pakistan Asia PKR Sri Lanka Asia LKR Syria Middle east SYP Jordan Middle east JOD Kazachstan Asia KZT Venezuela VEB Tunisia Africa TND Argentina South and central America ARS Brazil South and central America BRL Mexico South and central America MXN Ecuador South and central America ECS El Salvador SVC Chile South and central America CLP China Asia CNY Macau Asia MOP Albania East Europe ALL Algeria Africa DZD Croatia East Europe HRK Poland East Europe PLN Qatar Middle east QAR Egypt Middle east EGP Banglades AsiaBDT Ghana Africa GHC GIL s.a.s. & C. Via Dante, 50 70019 Triggiano (Bari) ITALY Tel: +39(0)805497504 - +39(0)805497505 Fax:+39(0)805497506 www.gilworld.com
Views: 210 gilworld
http://RonPaul2012.com http://paul.house.gov http://CampaignForLiberty.org http://DailyPaul.com Legalize Competing Currencies by Ron Paul I recently held a hearing in my congressional subcommittee on the subject of competing currencies. This is an issue of enormous importance, but unfortunately few Americans understand how the Federal Reserve and Treasury Department impose a strict monopoly on money in America. This monopoly is maintained using federal counterfeiting laws, which is a bit of a stretch. If any organization is guilty of counterfeiting dollars, it is the Federal Reserve. But those who dare to challenge federal legal tender laws by circulating competing currencies-- at least physical currencies-- risk going to prison. Like all government created monopolies, the federal monopoly on money results in substandard product in the form of our ever-depreciating dollars. Yet governments have always sought to monopolize the issuance of money, either directly or through the creation of central banks. The expanding role of the Federal Reserve in the 20th century enabled our federal government to grow wildly larger than would have been possible otherwise. Our Fed, like all central banks, encourages deficits by effectively monetizing Treasury debt. But the price we pay is the terrible and ongoing debasement of our money. Allowing individuals and business to use alternate currencies, especially currencies backed by gold and silver, would expose the whole rotten system because the marketplace would prefer such alternate currencies unless and until the Fed suddenly imposed radical discipline on its dollar inflation. Sadly, Americans are far less free than many others around the world when it comes to protecting themselves against the rapidly depreciating US dollar. Mexican workers can set up accounts denominated in ounces of silver and take tax-free delivery of that silver whenever they want. In Singapore and other Asian countries, individuals can set up bank accounts denominated in gold and silver. Debit cards can be linked to gold and silver accounts so that customers can use gold and silver to make point of sale transactions, a service which is only available to non-Americans. The obvious solution is to legalize monetary freedom and allow the circulation of parallel and competing currencies. There is no reason why Americans should not be able to transact, save, and invest using the currency of their choosing. They should be free to use gold, silver, or other currencies with no legal restrictions or punitive taxation standing in the way. Restoring the monetary system envisioned by the Constitution is the only way to ensure the economic security of the American people. After all, if our monetary system is fundamentally sound-- and the Federal Reserve indeed stabilizes the dollar as its apologists claim--then why fear competition? Why do we accept that centralized, monopoly control over our money is compatible with a supposedly free-market economy? In a free market, the government's fiat dollar should compete with alternate currencies for the benefit of American consumers, savers, and investors. As Austrian economist Ludwig von Mises explained, sound money is an instrument that protects our civil liberties against despotic government. Our current monetary system is indeed despotic, and the surest way to correct things simply is to legalize competing currencies.
Views: 2542 minnesotachris
Here's a link to Part 2 of this interview: "JAMES TURK - Part 2: WARNING: Currency Cliff Ahead = $400 Silver, $8,000 Gold" http://youtu.be/KrFcQxkddQI PART 1 of 2: James Turk, Founder of GoldMoney calls in from Spain to explain how the FED's latest actions spell doom for the Dollar. James reminds us that what is happening in the United States RIGHT NOW thanks to the privately owned Central Bank always ends the same way: In disaster for the currency. We've seen it before: Weimar Germany, Zimbabwe, Argentina, Serbia... and we'll soon see it in AmeriKa. James' website: http://www.goldmoney.com My websites: http://SGTreport.com/ http://theLibertyMill.com/ B&W film: Creative Commons license: Public Domain Music: "Willow and the Light" by Kevin MacLeod (incompetech.com) Licensed under Creative Commons "Attribution 3.0" http://creativecommons.org/licenses/by/3.0/" http://creativecommons.org/licenses/by/3.0/legalcode The content in my videos and on the SGTbull07 channel are provided for informational purposes only. Use the information found in my videos as a starting point for conducting your own research and conduct your own due diligence (DD) BEFORE making any significant investing decisions. SGTbull07 assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you. My websites: http://SGTreport.com/ http://theLibertyMill.com/ Music: "Willow and the Light" by Kevin MacLeod (incompetech.com) Licensed under Creative Commons "Attribution 3.0" http://creativecommons.org/licenses/by/3.0/" http://creativecommons.org/licenses/by/3.0/legalcode The content in my videos and on the SGTbull07 channel are provided for informational purposes only. Use the information found in my videos as a starting point for conducting your own research and conduct your own due diligence (DD) BEFORE making any significant investing decisions. SGTbull07 assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.
Views: 18830 SGTreport
DENVER—Senate Democrats rejected a Republican attempt to legalize gold and silver coins as usable currency amid fears about the nation's financial stability. Democrats voted down the proposal Friday. Utah is the only State that has passed a similar bill. Link to Colorado Currency Bill Article: http://www.denverpost.com/politics/ci_20088311 Link to Wyoming Doomsday Bill Article: http://www.foxbusiness.com/markets/2012/03/05/will-doomsday-bill-help-gold-and-silver-shine/ Forbes Article Link on Gold and silver being a bad bet because Doomsday never comes : http://www.forbes.com/sites/greatspeculations/2012/03/06/biggest-problem-for-gold-and-silver-doomsday-never-comes/ Don't Miss This One Interesting information on Maritime Admiralty Law: http://bucks-here.hubpages.com/hub/DISOLVING-THE-MONEY-ILLUSION The analysis and discussion provided by MoneyBags73 is for your education and entertainment purposes only, it is not recommended for trading purposes. I am not an investment adviser and information obtained here should not be taken for professional investment advice. The commentary on MoneyBags73's videos reflect the opinions of MoneyBags73. Your own due diligence is recommended before buying or selling any investments, securities, or precious metals.
Views: 2971 MoneyBags73
How do we transition from the Federal Reserve System? Dr. Paul believes removing the Legal Tender Laws and Legalizing the Constitution is the First step. HR 1098-Free Competition in Currency Act of 2011 is now buried by the GOP Leadership. This video is from the Sept13 hearing, This is Dr. Park's opening statement. Currently it is not legal to trade in Gold and Silver.
Views: 669 rtxyz1
This clip very briefly introduces a few issues related to the model of the money market for an intermediate macroeconomics course: (1) The financial market considered has two assets, money and bonds. (2) Money and bonds sum to wealth; excess money demand implies excess bond supply. When excess money demand is zero, the money market is in equilibrium. The bond market will then as well be in equilibrium. (3) Bond prices vary inversely with the interest rate.
Views: 25771 Department of Economics
http://ru.euronews.com/ Почему скандал вокруг манипулирования Libor вызвал такой резонанс? Эта ставка, рассчитываемая Британской банковской ассоциацией, показывает, под какие проценты банки готовы кредитовать друг друга. Трехмесячная ставка Libor является признанным международным индикатором краткосрочных процентных ставок. А от того, под какой процент банк занял деньги на рынке, будут зависеть и условия кредитования им частных заемщиков. Поясняет Тони Гринхэм, глава New Economics Foundation: "Именно эта ставка определяет, какой процент будут выплачивать банкам сотни миллионов людей - физические лица по ипотечным кредитам, малый и средний бизнес по займам, студенты по кредитам на обучение, от этого зависят условия стаховки. Это оказывает влияние на широкий спектр финансовых транзакций по всему миру, не только в Великобритании." По оценкам специалистов, Libor является индикатором для совершаемых ежедневно сделок (от покупки кредитных свопов до подписания ипотечных контрактов) на сумму в 350 трлн. долларов. Так что манипулирование со ставками Libor ударило по карману и рядовых налогоплательщиков, и компаний разного уровня по всему миру. Но, главное, этот скандал снова подрывает доверие к мировой банковской системе. социальные сети : YouTube: http://bit.ly/zqVL10 Facebook: http://www.facebook.com/euronewsru Twitter: http://twitter.com/euronewsru
Views: 312 euronews (на русском)
http://www.firstnationalib.com/de/ First National Innovation Brokers is on the cutting edge of new trading technology. With leverage from 50 to 1000, you control the risk and profit potential. Cash out using the electronic currency of your choice or re-invest your profits. http://www.fnib.co (Privacy. All client data and communication is encrypted.) We Will Not be Undersold. Bring us an offer from any forex broker and we will match it or make an offer of similar value. Satisfaction Guaranteed and Personalized Service. Get to know us. We have a network of bankers and hedge fund traders worldwide. Let us help you meet your goals. Speculate on the rise and fall of the euro and the dollar, gold and silver, the Rouble and the Peso, all on one platform.
Views: 661 wwwFNIBco
__Anti-Gold Propaganda Push__ Gold Cover Clause for Enabling Competing New Currencies "Gold is not a financial asset to be compared with dot-com stocks or Miami condos and it is not a commodity like pork bellies or crude oil. It is the ultimate currency for the truly sophisticated wealth holder in a time of substantial unreserved credit promotion." ~ Paul Brodsky
Views: 254 GoldandSilverNow
Why Invest In Gold? Receive a FREE Investors Kit http://www.regalassets.com/a/1478/ ◄-- CLICK THERE ████████████████████████████████████████ 1-866-957-3442 Gold is becoming increasingly popular with INVESTORS and COUNTRIES here are the top 3 reasons why: 1. Paper Currencies Fail 2. Countries Are Buying Gold 3. Billionaires Are Buying Gold Current Gold Value Per Ounce http://www.regalassets.com/a/1478/ gold value per ounce value of gold per ounce current gold value per ounce current value of gold per ounce gold per ounce Junk Silver Coins For Sale http://www.youtube.com/watch?v=aHbE4_2tmqg How to buy Gold in Malaysia | Buying Gold Malaysia [1-866-957-3442] http://www.youtube.com/watch?v=2Gk_PxE5-UY Miami California Utah buy Gold Coins - United States Gold Coins for sale [1-866-957-3442] http://www.youtube.com/watch?v=BnGPCnC7LjQ Best Gold IRA Rollover Rules [1-866-957-3442] http://www.youtube.com/watch?v=IGSarmIUKVE Gold Roth IRA [1-866-957-3442] http://www.youtube.com/watch?v=4vkRuydpEFk Gold IRA Custodians [1-866-957-3442] http://www.youtube.com/watch?v=uHwXDPRLg7k Liberty Gold Coins For Sale - 5,10,20 Dollar Gold Coin [1-866-957-3442] http://www.youtube.com/watch?v=7gdUv-9X_Uk Investing in Precious Metals - Best IRA Investments [1-866-957-3442] http://www.youtube.com/watch?v=mJwVruIAhWA Price of Gold Per Gram 14k | Gold Prices Per Gram [1-866-957-3442] http://www.youtube.com/watch?v=yX3j5w7GLwc Current Gold Prices Per Ounce Today on Regal Assets - [1-866-957-3442] http://www.youtube.com/watch?v=gx0M3Wb6yC4 Current Gold Value Per Ounce - Regal Assets - 1-866-957-3442 http://www.youtube.com/watch?v=jrULLutA5PI
Views: 2690 Gold IRA Rollover Invest in GOLD
This clip shows equilibrium in exchange rate-output diagram. It combines asset markets (domestic money-bond market and foreign exchange markets) and goods market (income expenditure) to derive a graphical model for co-determination of output and exchange rate in a small open economy. Simple examples show how monetary and fiscal policy can address situations of unemployment.
Views: 14434 Department of Economics
Software Provided By Netdania.com http://www.netdania.com/Products/live-streaming-currency-exchange-rates/real-time-forex-charts/FinanceChart.aspx 2012 1/2 oz Silver Australian Lunar Year of the Dragon Coin http://www.apmex.com/Product/62667/2012_1_2_oz_Silver_Australian_Lunar_Year_of_the_Dragon_Coin.aspx Questions relating to expatriating and countries to seriously consider, etc. http://www.brotherjohnf.com/forum/Thread-Questions-relating-to-expatriating-and-countries-to-seriously-consider-etc Guest Post: About That $20 Trillion In Public Debt... http://www.zerohedge.com/news/guest-post-about-20-trillion-public-debt The information within this video is for educational purposes only and should not be considered financial advice.
Views: 7013 BrotherJohnF
Software Provided By Netdania.com http://www.netdania.com/Products/live-streaming-currency-exchange-rates/real-time-forex-charts/FinanceChart.aspx Debt vs Gold/Silver -answer mine please! http://www.brotherjohnf.com/forum/Thread-Debt-vs-Gold-Silver-answer-mine-please Elmo Tries to Explain The National Debt (Again) http://acrossthestreetnet.wordpress.com/2012/04/17/elmo-tries-to-explain-the-national-debt-again/ Wilshire 5000 http://en.wikipedia.org/wiki/Wilshire_5000 http://en.wikipedia.org/wiki/Wilshire_5000 The information within this video is for educational purposes only and should not be considered financial advice.
Views: 5229 BrotherJohnF
RT interviews economist and professor at the ICAI School of Engineering Manuel Balmaseda, who insists that the economic disaster that heavily indebted Spain has found itself in is clearly a consequence of Spain joining the euro. When Spain joined the euro, the EU Central Bank settled overly low interest rates, resulting in Spain receiving "enormous amounts of credit which increased Spanish indebtedness, particularly foreign". RT on Twitter http://twitter.com/RT_com RT on Facebook http://www.facebook.com/RTnews
Views: 8209 RT
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http://www.fxempire.com/ -April 20, 2012 commodity daily technical analysis for the Silver commodity. Find more information about Forex and Commodities News (http://www.fxempire.com/news/), Technical Analysis (http://www.fxempire.com/technical/), Fundamental Analysis (http://www.fxempire.com/fundamental/) and Brokers (http://www.fxempire.com/brokers/) on FX Empire (http://www.fxempire.com/).
Views: 169 FX Empire
http://RonPaul2012.com http://paul.house.gov http://DailyPaul.com http://CampaignForLiberty.org http://LewRockwell.com http://Mises.org Gold is Good Money by Ron Paul Last year the Chairman of the Federal Reserve told me that gold is not money, a position which central banks, governments, and mainstream economists have claimed is the consensus for decades. But lately there have been some high-profile defections from that consensus. As Forbes recently reported, the president of the Bundesbank (Germany's central bank) and two highly-respected analysts at Deutsche Bank have praised gold as good money. Why is gold good money? Because it possesses all the monetary properties that the market demands: it is divisible, portable, recognizable and, most importantly, scarce - making it a stable store of value. It is all things the market needs good money to be and has been recognized as such throughout history. Gold rose to nearly $1800 an ounce after the Fed's most recent round of quantitative easing because the people know that gold is money when fiat money fails. Central bankers recognize this too, even if they officially deny it. Some analysts have speculated that the International Monetary Fund's real clout is due to its large holdings of gold. And central banks around the world have increased their gold holdings over the last year, especially in emerging market economies trying to protect themselves from the collapse of Western fiat currencies. Fiat money is not good money because it can be issued without limit and therefore cannot act as a stable store of value. A fiat monetary system gives complete discretion to those who run the printing press, allowing governments to spend money without having to suffer the political consequences of raising taxes. Fiat money benefits those who create it and receive it first, enriching government and its cronies. And the negative effects of fiat money are disguised so that people do not realize that money the Fed creates today is the reason for the busts, rising prices and unemployment, and diminished standard of living tomorrow. This is why it is so important to allow people the freedom to choose stable money. Earlier this Congress I introduced the Free Competition in Currency Act (H.R. 1098) to permit people to use gold as money again. By eliminating taxes on gold and other precious metals and repealing legal tender laws, people are given the option between using good money or fiat money. If the government persists in debasing the dollar -- as money monopolists have always done -- then the people would be able to protect themselves by using alternatives such as gold that are both sound and stable. As the fiat money pyramid crumbles, gold retains its luster. Rather than being the barbarous relic Keynesians have tried to lead us to believe it is, gold is, as the Bundesbank president put it, "a timeless classic." The defamation of gold wrought by central banks and governments is because gold exposes the devaluation of fiat currencies and the flawed policies of government. Governments hate gold because the people cannot be fooled by it.
Views: 1211 minnesotachris
Co-Founder James Panagos covers the Getting Started Training and how he became a 7 Figure Earner in the Direct Sales Industry.
Views: 347 LiquidityIntl
Dec. 16 (Bloomberg) -- Goldman Sachs Group Inc.'s top executives, including Chief Executive Officer Lloyd C. Blankfein and President Gary D. Cohn, will get about $111.3 million in stock next month in a delayed payout from last year. Blankfein is poised to receive about $24.3 million in January, while Cohn will get about $24 million. Erik Schatzker reports on the bonuses in today's Movers & Shakers. (Source: Bloomberg)
Views: 497 Bloomberg
Libertarian Counterpoint #1098: political news commentary, 8/16/12. Panel: Isabel Isherwood, Richard Fields, Kevin Duewel, Stephen Blakeman Topics: 1. Hedges, Ellsberg, Chomsky et al v. Obama, Panetta, McCain, Pelosi, Boehner, Reid, Levin et al, lawsuit seeking to overturn NDAA provision allowing indefinite detention of American citizens on mere suspicion of terrorism. Obama appointee Federal Judge Katherine Forest issues injunction, preventing implementation. Government lawyers can't or won't indicate if they are obeying injunction. 2. Muslim Brotherhood Islamist Egyptian government clamping down on media for insulting President Mohamed Morsi. 3. Angela Prattis of Philadelphia faces $600 daily fine for distributing food provided by Archdiocese of Philadelphia to 60 children in Chester Township without getting zoning variance, which would cost $1000. 4. Utah offering prize for registering your garden. Why? 5. Ron Paul holds hearing on legalizing competing currencies to prevent capital gains taxes on "gains" in currency appreciation against dollar and legal tender laws. 6. Adam Mueller gets 3 years for secretly taping cops and school officials. Jury doesn't buy jury nullification.
Views: 165 D.A. Tuma
U.S. employers pulled back on hiring in April for the second straight month, a sobering reminder that the economy remains weak. The unemployment rate fell to 8.1 percent, but only because more people gave up looking for work. (May 4) Subscribe to the Associated Press: http://bit.ly/APYouTube Download AP Mobile: http://www.ap.org/mobile/ Associated Press on Facebook: http://apne.ws/c7lQTV Associated Press on Twitter: http://apne.ws/bTquhb Associated Press on Google+: http://bit.ly/zuTKBL
Views: 765 Associated Press
How To Go To Heaven: http://www.jesus-is-savior.com/how_to_be_saved.html http://www.commondreams.org/headline/2012/10/04-2 Published on Thursday, October 4, 2012 by Common Dreams Protests in Iran Over Plummeting Currency Sign that western-imposed sanctions are "compounding the country's economic woes" - Common Dreams staff Clashes broke out in Tehran's Grand Bazaar and other Iranian cities' markets on Wednesday as the value of Iran's currency, the rial, continues to plummet, having lost more than a third of its value in a week. Riot police used tear gas on protesters and tried to block streets, according to witnesses who spoke to the Guardian. Reuters adds that some "protesters denounced President Mahmoud Ahmadinejad as a 'traitor' whose policies had fueled the crisis." Western-imposed sanctions on Iran over its alleged nuclear program have hurt the country's earnings from oil exports. Writing at the Guardian, Saeed Kamali Dehghan points out the recent upheaval's connection to the sanctions on Iran: The devaluation of the rial and soaring prices of staple goods are the latest signs that western sanctions -- targeting the regime's nuclear program -- and government mismanagement are compounding the country's economic woes. But sanctions will not only compound economic problems, they can lead to war, says Juan Cole. The University of Michigan history professor and Middle East analyst writes on Thursday "Iran Bazaar Strikes signal Misery, not Sanctions 'Victory'" and underscores the history of failures sanctions have brought: Severe sanctions almost never work in producing regime change or even in altering major policies of regimes. In Iraq, the severe sanctions of the 1990s actually destroyed the middle classes and eviscerated civil and political society, leaving Iraqis more at the mercy of the authoritarian Baath Party of Saddam Hussein than ever before. The high Baath officials squirreled away $30 billion during the oil for food program, cushioning themselves But the sanctions that denied Iraqis chlorine imports disabled the water purification plants, giving the whole country constant diarrhea, a condition that easily kills infants and toddlers. Some 500,000 Iraqi children are estimated to have been killed this way. Usama Bin Laden cited this death toll of Iranian children as one of the reasons for his 9/11 attacks on the US. If the sanctions end up killing Iranian children, the US could be borrowing a lot more trouble for the future. Moreover, the difficulty of maintaining the sanctions on Iraq was given as a reason by then deputy secretary of defense Paul Wolfowitz as a reason for going to war with Iraq. Severe sanctions often do not deflect wars but rather lead to them. The collapse of the rial, then, may be a signal that the Iranian public is in for great suffering and that the savings of the middle class are about to be wiped out. But that would mean they would lack the money to pay for an insurrection. Moreover, while they are blaming Ahmadinejad now, they know that the US, the EU and Israel are behind their deepening misery, and they are likely to come to hate their torturers. http://www.guardian.co.uk/commentisfree/2012/oct/07/iran-santions-suffering Iran sanctions now causing food insecurity, mass suffering Yet again, the US and its allies spread mass human misery though a policy that is as morally indefensible as it is counter-productive Glenn Greenwald guardian.co.uk, Sunday 7 October 2012 14.09 EDT (updated below) The Economist this week describes the intensifying suffering of 75 million Iranian citizens as a result of the sanctions regime being imposed on them by the US and its allies [my emphasis]: "Six years ago, when America and Europe were putting in place the first raft of measures to press Iran to come clean over its nuclear ambitions, the talk was of "smart" sanctions. The West, it was stressed, had no quarrel with the Iranian people—only with a regime that seemed bent on getting a nuclear bomb, or at least the capacity for making one. Yet, as sanctions have become increasingly punitive in the face of Iran's intransigence, it is ordinary Iranians who are paying the price. "On October 1st and 2nd Iran's rial lost more than 25% of its value against the dollar. Since the end of last year it has depreciated by over 80%, most of that in just the past month. Despite subsidies intended to help the poor, prices for staples, such as milk, bread, rice, yogurt and vegetables, have at least doubled since the beginning of the year. Chicken has become so scarce that when scant supplies become available they prompt riots. On October 3rd police in Tehran fired tear-gas at people demonstrating over the rial's collapse. LINK FOR REST
Views: 783 VexZeez
Sept. 21 (Bloomberg) -- Diane Swonk, chief economist at Mesirow Financial Inc., and Michael Pond, interest-rate strategist at Barclays Capital, talk with Bloomberg's Melissa Long and Michael McKee about today's interest-rate decision and statement from the Federal Reserve's policy-setting Federal Open Market Committee. The Fed said it's willing to ease monetary policy further to spur growth and support prices while refraining today from expanding its holdings of securities. (Source: Bloomberg)
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Oct. 8 (Bloomberg) -- Tim Zagat, chairman and founder of Zagat Survey LLC, discusses the state of the New York restaurant industry. Zagat spoke yesterday in New York with Margaret Brennan for Bloomberg Television's "InBusiness." (Source: Bloomberg)
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We released this video on our website about a week ago on Nov. 19th, but this same occurrence happened yesterday when many gold and silver stocks moved higher in share price even as the banksters continue to raid gold and silver prices in their bogus futures markets. Times, they are a changing.
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http://instantpaydaynetwork.com/percy DON'T BUY The Commodity Code b4 you watch - The Commodity Code Review Video The Commodity Code is a product coming out on July 17th 2012, by Stefan H., Mike S. & Terra Goeres. These 3 guys claim that they being top selling Forex Robot developers have joined forces to turn the industry around. The Commodity Code is the Worlds First Gold, Silver And Oil Trade Robot. http://instantpaydaynetwork.com/percy Search Terms: - The Commodity Code - The Commodity Code Review - The Commodity Code Scam - The Commodity Code Video - Stefan H. - Mike S. - Terra Goeres
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