Ufo propu engine, closed loop

[ltseung888]

What is the difference between Mutual Credits and Currency Swap?

With Mutual Credits, the richer Nation A uses the Swapped Currency B to help Nation B rich. One example is to build model homes in Nation B's environment. The model homes can be largely factory built. That will help the local industries in designing and supplying the various components. The actual building or assembling will train and employ many local workers. These can be paid with Currency B.

The homes may be initially owned by Nation A (or its investors) in Special Economic Zones. The land could be purchased with Currency B. When Nation B becomes richer, almost all its assets including the homes mentioned will increase in value. Thus Nation A will get richer via helping Nation B to become richer. Nation B never needs to go into debt.

Nation A (e.g. China) has the confidence that it can help Nation B to become rich because it has the experience in getting itself rich. Nation A also knows that for its citizens to become rich, it has to increase its money supply. Mutual Credits extends that philosophy to include Nation B. Win-win. Nation A also knows that in giving away its knowledge, it will learn more!

USA could have played the role of Nation A. It can still lead Camp A to compete with Camp B (Russia+China). The purpose of the competition is to help Developing Nations rich...

Tseung, I heard about Mutual Credits before. I thought it was just a simple Currency Swap. I never realize that it is a powerful Economic War Weapon.

[ltseung888]

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

Dream?

Vision?


The New Silk Road Becomes the World Land-Bridge, A Tour

[ltseung888]

Service Industry to fight poverty

Can China set up retirement centers in minority race or remote areas to cater for their benefits? At present, many families have the young working outside. The old are left to care for themselves. If the Central Government funds the setup of retirement centers, there will be employment and the old will benefit.

Money is not a problem. Staff is not a problem. Is this a Meaningful Economic Activity? If China adds such activities to its GDP, the chance of bringing moderate prosperity to all citizens by 2020 is not a problem.

Comment:
The Business Schools taught the need for " Return on Investment". Social Service Projects will need constant pumping in of resources. There is no financial "Return on Investment". Such welfare projects are a drain on the Government.  Europe lost its economic momentum because of too much welfare.

[ltseung888]

Comment:
The Business Schools taught the need for " Return on Investment". Social Service Projects will need constant pumping in of resources. There is no financial "Return on Investment". Such welfare projects are a drain on the Government.  Europe lost its economic momentum because of too much welfare.

This comes back to the issue of Meaningful Economic Activities. What is meaningful to one Nation may not be meaningful to another. What was meaningful at one time may not be meaningful now.

[ltseung888]

http://tv.cctv.com/2017/06/10/VIDETUjpQdZyJcuR0XJnkasC170610.shtml


The average age of the Group is 72.3 years. They are the classmates of Tsinghua University. They are the ones that helped to produce the Chinese  Miracle...