“Never in the course of history has a country’s economy failed because its currency was too strong. It’s a pathology that simply does not exist. On the other hand, the list of those ruined by weak currencies is extensive. The view that a weak currency is desirable is so absurd that it could only have been devised to serve the political agenda of those engineering the descent. A currency war is different from any other kind of conventional war in that the object is to kill oneself. The nation that succeeds in inflicting the most damage on its own citizens wins the war. The only real way to win is not to play.”
http://www.europac.net/commentaries/biggest_loser_wins
Related posts:
The Latter-Day Rome Lives And Kills
The Myth of Scandinavian Socialism
William N. Grigg: Reich Here, Reich Now
Go for It!
China's Great Inflation Helped Bring the Communists to Power
Ed Flynn: Milwaukee Crime Lord, Citizen Disarmament Advocate
Perfecting Tyranny: Foreign War as Experimentation in State Control
Free Market Healthcare in the Former Eastern Bloc
Cowardice Redefined: The New Face of American Serial Killers
IMF Historian Whitewashes The Soviet Spy Career Of The Fund's Founder
Bill Bonner: Three Major Market Events That WILL Happen
Cui Bono Fed: Who Benefits from the Federal Reserve?
Thin Wire - Hawala
Why U.S. Should Adopt Residency-Based Taxation
“The Government is US?” Not Unless We’re Citigroup
