- There is no int. monetary system; there is an int. monetary process - wuzge, 30.07.2005, 07:36
- Eines zur Beruhigung: - Diogenes, 30.07.2005, 10:01
- Re: Eines zur Beruhigung: - apoll, 01.08.2005, 22:01
- Eines zur Beruhigung: - Diogenes, 30.07.2005, 10:01
There is no int. monetary system; there is an int. monetary process
-->Growth of world monetary reserves in Central Banks, excluding gold:
1970 - $56 billion dollars.
1985 - $419 billion (14.4% annual increase, compounded during 15 years)
1990 - $655 billion (56% increase in 5 years)
1995 - $988 billion (51% increase in 5 years)
2000 - $1,544 billion (56% increase in 5 years)
2005 - $3,557 billion (130% increase in 5 years)
Projected:
2010 - $8,181 billion (130% increase in 5 years)
Oceans of paper money increasing at an increasing rate of increase!
There is no international monetary system; there is an international monetary process and that process has the characteristics of an explosion.
All processes have a beginning, a middle and an end.
Will the explosive process continue for five more years? We know that the moment that the explosive expansion ends, the contraction of credit will be immediate and violent: after the explosion comes the implosion of credit.
When this irresponsible expansion of credit (debt) and explosive creation of money comes to an end, as the process exhausts itself, the world as we know it today will be in ruins after the collapse (the implosion) of the world's financial structure.
Nur noch 5 Jahre? Euklid hat uns doch noch 20 Jahre versprochen [img][/img]
Wochenendgruß von wuzge
<ul> ~ http://www.gold-eagle.com/editorials_05/salinas070505.html</ul>

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