Wednesday, November 5, 2008

Keynes on steroids. Yet more money printing for special interests.

Medvedev calls for reform of world financial system

“We will need a new international agreement. The financial system must have common sources, which implies a multiplicity of world financial centres and reserve currencies. We need to form a new risk-management system,which would be based on new techniques, not the principles that the Bretton Woods agreement was based on,” Medvedev said. (It won't solve diddly squat, and will serve to destroy the global economy)

Posted by planning4acrash @ 01:05 PM (403 views)
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2 thoughts on “Keynes on steroids. Yet more money printing for special interests.

  • “It won’t solve diddly squat”

    Who’s problems will not be solved? America, Russia, East or West?

    “and will serve to destroy the global economy”

    Surely you of all people are not arguing to retain the status quo?

    A little more detail would have been nice for something as big as a new global financial system.

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  • planning4acrash says:

    No, I want central banks to be ended/regulated, that we stop inflating the currency or bailing out the corporations, but bring on sound/commodity backed (ideally gold), pull back from Iraq, funding of EU and World Banks, etc. power given back to the people via tax cuts and a slash to nepotistic regulations.

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