Ufo propu engine, closed loop

[ltseung888]

Retired life should be peaceful and fun.  Why would a 64 year old retiree kill 50+ nd injured 500+ in Las Vegas?


One possible answer: USA brainwashed its people to be Number One.  If you cannot be number one in GOOD.  Be number one in EVIL.


I created a blog at the following website to show my retirement life in Hong Kong.  Retired life should be peaceful and fun.


https://lawrencetseung.wixsite.com/tannerhill-tenants/blog

[profitis]

"Be number one in EVIL."

Trump can buy our names but he cannot a fuck buy
our surnames

[ltseung888]

Forex Exchanges as Casinos

Money came into existence as media for exchange of goods and services.  The first type of money was gold or silver that had intrinsic value.  Such were not convenient to carry.  Paper money came out.  Governments then took over as the supplier of paper money. The paper money has no intrinsic value.  It is the Government power behind that provides the trust and value.

When people use paper money for daily transaction, settlement or reserve purposes, more money must be created.  Money is now evolved to numbers in Trusted Financial Institutions.

Any Sovereign Government can print money for its citizens to use.  There will be stability so long as the citizens have faith in the Government.  They do not mind keeping their wealth as numbers in their Bank Accounts.

When there is trade between Nations, there needs to be exchange rates.  Who determines the exchange rates?  Many of the textbooks list Supply and Demand as the main factor.

Many Developing Nations use pegged exchange rates.  Many pegged to the US Dollar.  If a party has Currency X to change to US Dollars, Nation X is supposed to supply the US Dollar to complete the transaction if there were no other Dollar suppliers.  This means Nation X must keep a large US Dollars as Reserve.  When Nation X gets richer, it needs to keep more US Dollars.  US Government is "forced" to supply more dollars not just to cater for the needs of its citizens but also for the citizens of Nation X.

The common practice is for US Government or Companies to buy more goods or services from Nation X. The suggested best practice is for a reasonably balanced trade between US and Nation X with a small imbalance.  The imbalance can be the USD Reserve stored in Nation X.

This also means US can purchase more goods or services from Nation X with thin-air money.  To entice this practice, US encourages Nation X to purchase its Treasury Bills and pay a small interest.  In some cases, the imbalance gets unreasonably large.  This is the case of trade between China and USA.

The Financial Brains in USA asked the question – how can we get the US Dollar back from China with the least effort?  One of their solutions is – tempt or force China to gamble in the unregulated Forex Exchanges.

At present, there are thousands of on-line Forex Exchanges.  These are different from the small Money Exchanges helping tourists to exchange their currencies.  These on-line Forex Exchanges are like casinos.  They set their own rules, define their own exchange rates and most importantly, define their own leverages.  The normal daily changes in Exchange Rate is small (less than 1%), there will not be much profit in trading.  These unregulated Forex Exchanges "loan money .or provide leverage" to entice the investors or gamblers. If the gambler puts down 1 dollar, the Forex  can loan the gambler 20 to 1000 dollars.  Fortunes can be made or lost in a few hours.

The Forex Exchange transactions now average over 4 trillion USD daily.  That is larger than the Stock Market.  The currency exchange is not for settlement of business transactions but for gambling purposes.  The exchange rate between two currencies is not determined by supply and demand for commercial transactions.  They are determined by speculators, gamblers, sharks or Casin*o owners for quick profits.

China lost over 1 trillion USD Foreign Currency Reserve from 2015 to 2016 in this way.  The sharks supplemented the gambling with rumors of collapse of the Chinese Economy.   That caused many RMB holders to exchange their RMB to USD further causing a depreciation of the RMB Exchange Rate.

China will have to play in its own Forex Exchange  or fix the RMB Exchange without regard to the Market Forces controlled by Speculators, Sharks or  Casin*o Owners.

[ltseung888]

https://www.youtube.com/watch?v=Kqn5iI35wEw


The opening talk of the China 19 congress was 3 hours.  It summarized the developing in the last 5 years and stated the direction to move in the coming years.


The talk was interpreted into English real-time.

[ltseung888]

https://lawrencetseung.wixsite.com/tannerhill-tenants/single-post/2017/10/21/Money-Talks-9


Money Talks 9

October 21, 2017


A Sure-Win Business

There are some businesses that can be classified as sure-win businesses.  This is due to the fact that a Government can create money from thin-air and that a Government must increase the money supply for its citizens to become wealthy.

China does many infrastructure projects.  Thin-air money is given to many construction firms.  So long as these firms can perform, they can be treated as sure-win businesses.  They will always be paid.  The companies that supply the meals to their workers can also be treated as sure-win businesses indirectly.

The sure-win comes from the Trust in the Government and its ability to increase its money supply.

One suggested sure-win business is for a Government backed Company X to invest in tourism related industries.  It can provide a Government X backed guarantee that no matter what happens, the investor can convert his shares to tour packages within Nation X.

The Investor wins as the risk of investment is reduced.  Company X wins as it gets the capital to develop the many projects.  Nation X wins as it is guaranteed  more tourists.  It is a win-win for all. Is that a sure-win business?  Can a small Developing Nation take advantage of such an opportunity?