China proposes new global currency and now Russia is backing it.
All those "conspiracies" about world-orders seem really possible
The funny thing with good conspiracy theories is there's always some grain of truth. I think the real conspiracy is that there are groups that make conspiracies up that are so crazy that the real conspiracies that are going on are ignored because everyone thinks conspiracy theories are crazy.
"China proposes new global currency and now Russia is backing it.I don't think you have any idea of what you're talking about.these are just the small steps. There are a whole host of things that point to this possibility, what do you guys think?"
This does not mean that anyone would be carrying around a 'global currency.' This means that other countries that have money from business or other investments in a country such as the US... (say Britain owning $1 million in the US) then if US dollars go to shit because of the economy... Britain wouldn't have to lose money if the money was a global currency. It would be less effected by the economies.
So this thread is going no where because what you're thinking isn't what China proposed.
"I don't think you have any idea of what you're talking about.This does not mean that anyone would be carrying around a 'global currency.' This means that other countries that have money from business or other investments in a country such as the US... (say Britain owning $1 million in the US) then if US dollars go to shit because of the economy... Britain wouldn't have to lose money if the money was a global currency. It would be less effected by the economies. So this thread is going no where because what you're thinking isn't what China proposed."This is pretty much bang on target. A global currency, lets call it Credits (like most Sci Fi shows do), basically avoids the major drop in value of someones investment in a foreign bank / business / country. If everyone is using Credits then everyone, no matter where they are in the world, has a form of currency that is the same value. Instead of what we have now where if one currency depreciates in value then a lot of people suffer.
What China and Russia seem to have proposed is not the first step in some global plan by some shadowy group of evil masterminds but rather a step towards global unification and progress. The world at the moment is rather shit to be honest. Terrorism, war, poverty and general political bollocks is halting our progress as a society / species and planet.
I for one would not be opposed to some new world order if it mean't we actually improved as a species and put our patriotic bullshit aside and support one flag, one country. Instead of what we have now which is a bunch of pieces in a puzzle all jumbled in the box. Lets put the puzzle together and join the pieces as a whole.
I say we bow down to our new overlords and accept their rule.
I for one would not be opposed to some new world order if it mean't we actually improved as a species and put our patriotic bullshit aside and support one flag, one country. Instead of what we have now which is a bunch of pieces in a puzzle all jumbled in the box. Lets put the puzzle together and join the pieces as a whole.I say we bow down to our new overlords and accept their rule.That's one thing that always strikes me. Peace and coexistence must really bother some people. There is some legitimacy to the concern though because most of the West and Japan benefit because billions of people work for peanuts and have poor living conditions. Everyone in the world can't live like Americans.
"Hamz said:I for one would not be opposed to some new world order if it mean't we actually improved as a species and put our patriotic bullshit aside and support one flag, one country. Instead of what we have now which is a bunch of pieces in a puzzle all jumbled in the box. Lets put the puzzle together and join the pieces as a whole.I say we bow down to our new overlords and accept their rule.That's one thing that always strikes me. Peace and coexistence must really bother some people. There is some legitimacy to the concern though because most of the West and Japan benefit because billions of people work for peanuts and have poor living conditions. Everyone in the world can't live like Americans."
Why not? Because someone says they have to live in poverty? It is theoretically possible for everyone in the world to have a decent living standard.
"Hamz said:I for one would not be opposed to some new world order if it mean't we actually improved as a species and put our patriotic bullshit aside and support one flag, one country. Instead of what we have now which is a bunch of pieces in a puzzle all jumbled in the box. Lets put the puzzle together and join the pieces as a whole.I say we bow down to our new overlords and accept their rule.That's one thing that always strikes me. Peace and coexistence must really bother some people. There is some legitimacy to the concern though because most of the West and Japan benefit because billions of people work for peanuts and have poor living conditions. Everyone in the world can't live like Americans."
I think the main concern other than peace and co-existence is the fact that if the US economy for some reason completely fall, it could almost bring down the whole world market because of how essential it is (which would also mean the US taking #2 to another country). It messes up a lot of things and a lot more people would be living poor.
"My hope for humanity just died a little."Reading conspiracy theories does that you, but you get over it after a while and just feel numb when reading any new ones or updates to old ones.
"The funny thing with good conspiracy theories is there's always some grain of truth. I think the real conspiracy is that there are groups that make conspiracies up that are so crazy that the real conspiracies that are going on are ignored because everyone thinks conspiracy theories are crazy."Or it's like South Park where the government creates conspiracy theories just to make themselves seem more powerful. Haha.
Why not? Because someone says they have to live in poverty? It is theoretically possible for everyone in the world to have a decent living standard.Over time it may be possible, but as it is right now, every Westerner has several poorer people padding our lifestyle. If you were to adopt a single currency and rid the world of borders the way society works now would quickly fail.
LtColJaxson said:
I think the main concern other than peace and co-existence is the fact that if the US economy for some reason completely fall, it could almost bring down the whole world market because of how essential it is (which would also mean the US taking #2 to another country). It messes up a lot of things and a lot more people would be living poor."Yes. At the very least billions of peoples lives would change. Americans do good work, but we don't really have the money nor earn all that we benefit from, at least if all people in the world were treated equally. These artificial barriers sustain our lifestyle.
"lets just all pay with bacon and cupcakes... everyone would be happy"Better have some good public bathrooms.
"SinGulaR said:And that would be something bad?Why not? Because someone says they have to live in poverty? It is theoretically possible for everyone in the world to have a decent living standard.Over time it may be possible, but as it is right now, every Westerner has several poorer people padding our lifestyle. If you were to adopt a single currency and rid the world of borders the way society works now would quickly fail.
"So you think a centralized world goverment wouldn't be stable?"It would be stable. But far too many Western people would find they have to give up the private jets, sell some of the multiple sports cars and maybe downsize from a 20 bedroom mansion too a 5 bedroom semi.
"SinGulaR said:"So you think a centralized world goverment wouldn't be stable?"It would be stable. But far too many Western people would find they have to give up the private jets, sell some of the multiple sports cars and maybe downsize from a 20 bedroom mansion too a 5 bedroom semi."
Too bad.
"China proposes new global currency and now Russia is backing it.Wait...i thought Euros were doing this global(well,europe in this case) currency thing for the last 10 years... :Sthese are just the small steps. There are a whole host of things that point to this possibility, what do you guys think?"
"SinGulaR said:so you are telling me you wouldn't want your on jet and a 20 bedroom mansion?"So you think a centralized world goverment wouldn't be stable?"It would be stable. But far too many Western people would find they have to give up the private jets, sell some of the multiple sports cars and maybe downsize from a 20 bedroom mansion too a 5 bedroom semi."
"Hamz said:I own neither and likely never will. But honestly wtf do I need either of them for? I'm not fond of travelling by air and I barely need one bedroom let alone 20."SinGulaR said:so you are telling me you wouldn't want your on jet and a 20 bedroom mansion?""So you think a centralized world goverment wouldn't be stable?"It would be stable. But far too many Western people would find they have to give up the private jets, sell some of the multiple sports cars and maybe downsize from a 20 bedroom mansion too a 5 bedroom semi."
"Hamz said:"SinGulaR said:so you are telling me you wouldn't want your on jet and a 20 bedroom mansion?""So you think a centralized world goverment wouldn't be stable?"It would be stable. But far too many Western people would find they have to give up the private jets, sell some of the multiple sports cars and maybe downsize from a 20 bedroom mansion too a 5 bedroom semi."
Would you? I mean, I could understand wanting a jet. But a 20 bedroom mansion? If I had one I would just share it with the people I know. Let them all live there. Maybe I'm just to social for this time and age and should just go to bed.
"TwoOneFive said:what if it was the playboy mansion?"Hamz said:Would you? I mean, I could understand wanting a jet. But a 20 bedroom mansion? If I had one I would just share it with the people I know. Let them all live there. Maybe I'm just to social for this time and age and should just go to bed.""SinGulaR said:so you are telling me you wouldn't want your on jet and a 20 bedroom mansion?""So you think a centralized world goverment wouldn't be stable?"It would be stable. But far too many Western people would find they have to give up the private jets, sell some of the multiple sports cars and maybe downsize from a 20 bedroom mansion too a 5 bedroom semi."
What does this have anything to do with "world orders"? Or conspiracies for that matter? Such currency mergers are proposed and carried out all the time. The "Amero" (Canada-US-Mexico dollar) has been all but confirmed. The Euro already exists. A global currency isn't too far of a stretch, but the question is how it will affect America, since it would likely become poorer.
"if this country just stuck with the gold standard, of course a modernized system, we would be so much better off right now am i right? gold and silver is worth so much right now. "No, because gold and silver are not liquid. That would be like basing a currency on automobiles, it would be disastrous.
"Since when did China and Russia represent the majority of the world in land/population/opinion? Don't take their rhetoric seriously... seriously."China, France, England, Germany, Russia and the U.S. make up the majority of the world super powers, all of which have proposed some sort of united currency of some form.
"if this country just stuck with the gold standard, of course a modernized system, we would be so much better off right now am i right? gold and silver is worth so much right now. "
What country are you from? US? Not a chance in hell. The US dollar isn't backed by anything. Not gold, not silver, nothing. The Federal Reserve just prints money. That's it. They make money out of thin air.
That's why other countries want to get away with the dollar. With the current crisis the US government is printing money like crazy to give it to the bankers, which devalues it and causes inflation. Other countries such as China or Russia have huge reserves in dollar, so if the dollar goes down they go down as well. They want to create a safer currency.
A new world order would come in the form of carbon taxes every person on the planet would pay to some global entity. This would be the beginning.
"SinGulaR said:"TwoOneFive said:what if it was the playboy mansion?"Hamz said:Would you? I mean, I could understand wanting a jet. But a 20 bedroom mansion? If I had one I would just share it with the people I know. Let them all live there. Maybe I'm just to social for this time and age and should just go to bed.""SinGulaR said:so you are telling me you wouldn't want your on jet and a 20 bedroom mansion?""So you think a centralized world goverment wouldn't be stable?"It would be stable. But far too many Western people would find they have to give up the private jets, sell some of the multiple sports cars and maybe downsize from a 20 bedroom mansion too a 5 bedroom semi."anyways...who here think this country is in need of a new American Revolution. Clearly nobody agrees with what the government is doing anymore. They passed the most expensive bill in the nations history without even reading it for crying out loud. They fight wars we don't know much about, or why we need to fight them. I mean, sure a few thousand people died on 9/11. but here we are all these years later and they're still telling us we need to fight terrorists. You know how many millions of people died from other serious causes since 9/11?!?! whats going on here?!ps. All I know this country is sooo far from what the founders created its really sad."
I don't live in the US, but nevertheless I think Obama is a lot more competent in making decisions than Bush ever was. A revolution would just be stupid at this time...
And your founders didn't necessarily have all the correct principles either, but had good ideas. They have evolved which is a lot better. Although war occurs, it was because of recent decisions from Bush and a lot of the corruption in the Middle East dates back centuries. Just a bad place to get into a war with.
Obama said he needed at least a year or two before any difference could be made. So give him time.
"China proposes new global currency and now Russia is backing it.Personally I don't see a point of a global currency. When you think about it international currencies always hurt poorer countries.these are just the small steps. There are a whole host of things that point to this possibility, what do you guys think?"
My god people, we aren't going to be moving to a globalized currency any time soon. We Americans are too stubborn to do anything like that. Hell, we can't even switch to the metric system successfully. While I personally wouldn't mind a globalized currency, It's just not within the realm of possibility within the United States.
I'm a communist and generally regard most consipracy theories as utter nonsense, usually I think caused by misinformation as a means to stop anyone from coming to any real conclusions about whats going, as generally their effects upon people are utter defeatism and fatalism about the future ie the message is "There is no hope in changing the system so don't even try".
But I'm a communist so what do I know? ;)
http://www.socialistworld.net/
"I'm a communist and generally regard most consipracy theories as utter nonsense, usually I think caused by misinformation as a means to stop anyone from coming to any real conclusions about whats going, as generally their effects upon people are utter defeatism and fatalism about the future ie the message is "There is no hope in changing the system so don't even try".But I'm a communist so what do I know? ;)http://www.socialistworld.net/"Hey, nothing wrong with Commuinism, at least when it works the way its supposed to. Unfortunately we've never had a true Commuinism in the world, and thanks to Russia and China, it's gotten a bad rap. Thats not to say I'm all for converting to Commuinism, but I hope that no one gets on you for your ideas.
"DoMakeSayThink said:"I'm a communist and generally regard most consipracy theories as utter nonsense, usually I think caused by misinformation as a means to stop anyone from coming to any real conclusions about whats going, as generally their effects upon people are utter defeatism and fatalism about the future ie the message is "There is no hope in changing the system so don't even try".But I'm a communist so what do I know? ;)http://www.socialistworld.net/"Hey, nothing wrong with Commuinism, at least when it works the way its supposed to. Unfortunately we've never had a true Commuinism in the world, and thanks to Russia and China, it's gotten a bad rap. Thats not to say I'm all for converting to Commuinism, but I hope that no one gets on you for your ideas."
Marxist ideals have never worked out ever since they were created. There is a lot wrong with communism and it's ironic that it's even called 'commune'ism. I don't know much about the socialist parties in the US though, so I won't touch that.
"AgentJ said:Like i said in the post, thats because they've never been done right. After all, in true Commuinism there would be no leader (no Mao, no Stalin). It may be impossible for Commuinism to be done right, because people tend to not work if they dont feel they'll be rewarded for it, and there will always be dissenters in any form of government (thats just how people are), which means there would have to be a peace-keeping force, which gives some people power over others, which destroys the whole concept."DoMakeSayThink said:Marxist ideals have never worked out ever since they were created. There is a lot wrong with communism and it's ironic that it's even called 'commune'ism. I don't know much about the socialist parties in the US though, so I won't touch that.""I'm a communist and generally regard most consipracy theories as utter nonsense, usually I think caused by misinformation as a means to stop anyone from coming to any real conclusions about whats going, as generally their effects upon people are utter defeatism and fatalism about the future ie the message is "There is no hope in changing the system so don't even try".But I'm a communist so what do I know? ;)http://www.socialistworld.net/"Hey, nothing wrong with Commuinism, at least when it works the way its supposed to. Unfortunately we've never had a true Commuinism in the world, and thanks to Russia and China, it's gotten a bad rap. Thats not to say I'm all for converting to Commuinism, but I hope that no one gets on you for your ideas."
"TwoOneFive said:o_O"if this country just stuck with the gold standard, of course a modernized system, we would be so much better off right now am i right? gold and silver is worth so much right now. "No, because gold and silver are not liquid. That would be like basing a currency on automobiles, it would be disastrous. "
"TwoOneFive said:are you fucking retarded?"if this country just stuck with the gold standard, of course a modernized system, we would be so much better off right now am i right? gold and silver is worth so much right now. "What country are you from? US? Not a chance in hell. The US dollar isn't backed by anything. Not gold, not silver, nothing. The Federal Reserve just prints money. That's it. They make money out of thin air.That's why other countries want to get away with the dollar. With the current crisis the US government is printing money like crazy to give it to the bankers, which devalues it and causes inflation. Other countries such as China or Russia have huge reserves in dollar, so if the dollar goes down they go down as well. They want to create a safer currency.A new world order would come in the form of carbon taxes every person on the planet would pay to some global entity. This would be the beginning. "
"SinGulaR said:
Over time it may be possible, but as it is right now, every Westerner has several poorer people padding our lifestyle. If you were to adopt a single currency and rid the world of borders the way society works now would quickly fail.There seems to be a fundamental misunderstanding on this thread. China isn't proposing a single global currency - in fact they would be very unlikely to suggest the idea, as it would remove their ability to manipulaste global markets and their ability to maintain high levels of exports by tweaking the value of their own national currency. The US dollar isn't going anywhere, and neither is the yuan.
What the Chinese are actually suggesting is a fuller implementation of IMF proposals from 40 years ago: instead of using the US dollar as the standard unit against which all other currencies are measured, countries would hold foreign currency reserves as the SDR (Special Drawing Right) as a virtual currency against which all others would be measured - but only for international exchange and reserve purposes. You won't see SDR notes in your wallet.
I'm not saying there are no decent conspiracy theories, but this one doesn't really get very far: to explain it, you need only accept that the Chinese are worried that their foreign currency reserves (which are largely held in USD) will be worth significantly less over time if the US economy bombs in a giant way... as it is doing right now.
Remove tinfoil hats and breeeeaaaaathe. If you are American, have a poor grasp of current events and economic theory and tend towards the paranoid, This Means You.
""SinGulaR said:Yeah, but tell all of this to that congresswoman from Minnesota who is telling everyone that lives in her country to be armed and dangerous because she thinks Obama wants there to be a global currency.Over time it may be possible, but as it is right now, every Westerner has several poorer people padding our lifestyle. If you were to adopt a single currency and rid the world of borders the way society works now would quickly fail.There seems to be a fundamental misunderstanding on this thread. China isn't proposing a single global currency - in fact they would be very unlikely to suggest the idea, as it would remove their ability to manipulaste global markets and their ability to maintain high levels of exports by tweaking the value of their own national currency. The US dollar isn't going anywhere, and neither is the yuan.
What the Chinese are actually suggesting is a fuller implementation of IMF proposals from 40 years ago: instead of using the US dollar as the standard unit against which all other currencies are measured, countries would hold foreign currency reserves as the SDR (Special Drawing Right) as a virtual currency against which all others would be measured - but only for international exchange and reserve purposes. You won't see SDR notes in your wallet.
I'm not saying there are no decent conspiracy theories, but this one doesn't really get very far: to explain it, you need only accept that the Chinese are worried that their foreign currency reserves (which are largely held in USD) will be worth significantly less over time if the US economy bombs in a giant way... as it is doing right now.
Remove tinfoil hats and breeeeaaaaathe. If you are American, have a poor grasp of current events and economic theory and tend towards the paranoid, This Means You."
"TwoOneFive said:Gold and silver illiquid? The global precious metal markets disagree with you. Please see also the Gold Standard, which the US abandoned only recently."if this country just stuck with the gold standard, of course a modernized system, we would be so much better off right now am i right? gold and silver is worth so much right now. "No, because gold and silver are not liquid. That would be like basing a currency on automobiles, it would be disastrous. "
"Shallimus said:She's hardly the first politician to open her mouth and have nothing sensible come out. Did she happen to mention what threat Americans should be on the look-out for? King George III has been dead for almost 200 years, so it can't be him.China isn't proposing a single global currency ... Remove tinfoil hats and breeeeaaaaathe.Yeah, but tell all of this to that congresswoman from Minnesota who is telling everyone that lives in her country to be armed and dangerous because she thinks Obama wants there to be a global currency."
"TwoOneFive said:What? Gold and silver are not liquid? That makes no sense."if this country just stuck with the gold standard, of course a modernized system, we would be so much better off right now am i right? gold and silver is worth so much right now. "No, because gold and silver are not liquid. That would be like basing a currency on automobiles, it would be disastrous. "
It's a medium of exchange, it isn't liquid or illiquid. What do you get in exchange for liquidating money (gold and silver)? How is it liquidated?
""SinGulaR said:Over time it may be possible, but as it is right now, every Westerner has several poorer people padding our lifestyle. If you were to adopt a single currency and rid the world of borders the way society works now would quickly fail.There seems to be a fundamental misunderstanding on this thread. China isn't proposing a single global currency - in fact they would be very unlikely to suggest the idea, as it would remove their ability to manipulaste global markets and their ability to maintain high levels of exports by tweaking the value of their own national currency. The US dollar isn't going anywhere, and neither is the yuan.
What the Chinese are actually suggesting is a fuller implementation of IMF proposals from 40 years ago: instead of using the US dollar as the standard unit against which all other currencies are measured, countries would hold foreign currency reserves as the SDR (Special Drawing Right) as a virtual currency against which all others would be measured - but only for international exchange and reserve purposes. You won't see SDR notes in your wallet.
I'm not saying there are no decent conspiracy theories, but this one doesn't really get very far: to explain it, you need only accept that the Chinese are worried that their foreign currency reserves (which are largely held in USD) will be worth significantly less over time if the US economy bombs in a giant way... as it is doing right now.
Remove tinfoil hats and breeeeaaaaathe. If you are American, have a poor grasp of current events and economic theory and tend towards the paranoid, This Means You."
This was pretty much clarified within the first few posts...
Unfortunately many of the people posting don't read.
""SinGulaR said:This isn't a quote from me.Over time it may be possible, but as it is right now, every Westerner has several poorer people padding our lifestyle. If you were to adopt a single currency and rid the world of borders the way society works now would quickly fail.
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