Currency Wars Explained...Devaluation of a Currency...War of Currency ~ Youtube Video



The Currency Wars Currency war, also known as competitive devaluation of the currency, is a condition in international affairs where countries compete against each other to achieve a relatively low exchange rate for their own currency. Money devaluation is basically what it all about. Currency trades take advantage of currency wars to make money trading currencies. Wholesale Beanie Babies: http://barrysbeanies.com

Comments

  1. retarded...
  2. no..there's more.....lol!
  3. Shut the fuck up idiot
  4. im sorry i cant take these animals seriously lol its so hard to focus
  5. Suppose, 1 USD is 60 rupees. Now, if 1 dollar becomes 50 rupees, is rupee being undervalued or not?
  6. HAHAHAHAHAHAHA
  7. "No, there's more" :D
  8. can't help laughing when i first hear the male voice and see the little bears at the same time :)))) thank you anyway :)
  9. economics is too hard for my brain I don't have enough CPU to understand it
  10. the last part about bernanke is funny :D. by the way, having so much talk about benefits of devaluation, what are the benefits of being a strong currency - aside of it can buy imports cheaper? strong currency would have a drops in demand for their product because it is far more expensive, drop in demand = GDP goes down = unemployment rise.. but i guess it must have its own benefits as well  that i cannot foresee yet?
  11. its fucking foolish to devalue its currency because before your currency was worth more like diamond and so it was expensive no one buying it now you devalue it so exports increase but your currency is worth less like coal so now you are left with nothing even though you exported more but the currency you have is worth shit you can't buy anything with it in the international markets plus the foreign can buy anything from you as you are cheap so you thought you increased your export but you got nothing in return as your own currency is not valueable its like converting gold into junk.
  12. How is devaluing your currency a good thing.... ?? I didn't even get past step one. :( 
  13. The central bank of the USA, the Federal Reserve, has set up central banks in 178 countries and printing money is the means by which they transfer all wealth to the top of the pyramid.  It has nothing to do with devaluing currency and everything to do with the confiscation of wealth, globally!
    As the currency falls in purchasing power, wealth vanishes for those holding the fiat, right?  What do you call it, when the money you are holding can't buy anything, anymore?  That's a theft, through inflation!  Isn't it?  Who got all the money?  The big banks did!  None of that so-called 'printed money' went to any citizens, anywhere, did it?  So, big banks invested in the stock market and now they have dividends and rising stock prices, so who got screwed?  Those who received none of the money created out of thin air.  Those people also will pay higher prices, through inflation, so they got screwed two ways!  What does this have to do with devaluation of a currency?  Nothing!  It's a theft, pure and simple!
  14. Good stuff  
  15. In the video, when describing how China can purchase US debt to devalue its own currency did you get that backwards?  I am trying to understand this stuff. haha Thank you.
  16. That was a weird trip
  17. im just sorry that people and mainly the governments will, as always, wrongly blame capitalism and free-markets, while the real responsible ones for the collapse - THE STATES that manipulate the economy - will be praised as the needed salvator...
  18. Exactly...and welfare states that have an artificial low currency and seems to be doing well will suffer a lot...eventually the world will realize that there isnt that many wealth and the life standard of the people will drastically fall...It will be a total revolt...
  19. I like to think of devaluing currency as economical steroids. You start using it and others will start using as well to stay competitive and in the end everyone is using it thinking it's good for them but in the end what everyone is doing is killing themselves together
  20. i love these.they are clear and concise.wish internet was invented before my college days.please keep it up.thank you


Additional Information:

Visibility: 45211

Duration: 4m 7s

Rating: 254