Additional Item Number (39)
ABOUT HOW NATIONS WHO MANIPULATE THEIR CURRENCIES IN ORDER TO GAIN EXPORTING AND OTHER ADVANTAGES OVER OTHER NATIONS WOULD CEASE TO BE A PROBLEM IN THE PROPOSED SINGLE CURRENCY WORLD
(39) August 18, 2004: As I was driving this morning here in Baltimore, Maryland (U.S.A.), I heard on the radio (it was on the C-SPAN public radio station, I think) about how some nations skillfully manipulate the value of their own currencies in order to gain exporting and other advantages over other nations. I didn't hear the whole show, but in the portion that I did hear the speaker was explaining how the United States was complaining about this tactic: about how it was being used as a disadvantage against its exports to those nations, while those nations gained the advantage with the imports they send here. All this would absolutely cease to be a problem in the proposed single currency world that is spoken about all throughout this document. Why? Because the value of money would be the same everywhere on the planet -- and every nation would be prosperous, and poverty would be non-existent. No nation would be able to manipulate the value of money any more in order to have a healthy economy.