If you own stocks in a foreign country, the currency of that country going up or down affects your returns.
But what happens if there is a currency crisis in your own country, and you own stocks? How does a large currency devaluation affect your stock holdings then? Or is it a zero-sum game? (no effect as long as the companies you have stock in don’t go bankrupt).
Is there a body that could provide unbiased report on the efficacy of such systems?
1.Why certain countries devalue its own currency?Why they are doing to their own currency?Why do they do that?WHAT IS their intention?
Please give examples and explain in very simple and clearly.
2.Why did govt tries to adopt someother currency instead of their own currency? e.g: pound tryping to adopt euro…….What does it mean?Why do they do that?What is their intention?Please explain this question in easy way and clearly.
Thank you and appreciate your help.
2.
meaning if a country wants to print its amount of money so can it do that
Under "Financial Expenses(INcome) on Hotel Statement of income there is an item expressed as follows: Gain/ Loss on Forex…What Forex refer to…?
Of all the denominations of bills we print in the United States, couldn’t at least ONE be free of the religiously bias phrase, “In God We Trust” ???
Good gosh… Enough is enough. Speak up atheists…
http://i209.photobucket.com/albums/bb62/Randall_Fleck/scratch_a_buck_GIF.gif
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I’m starting a new site where people that play different computer games can exchange virtual currency for real-world money and need to come up with a whole new currency. Any suggestions would be much appreciated and if you can think of any different denominations for your currency, even better! Maybe even a new virtual global currency!
I’m not sure what the difference is. Mostly I want to make sure I will be able to use my Dell laptop over there. Any insight would be appreciated!
On June 4, 1963, President John F. Kennedy issued Executive Order 11110 gave the Treasury of the US the power to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury.” This meant that for every ounce of silver in the U.S. Treasury’s vault, the government could introduce new money into circulation. In all, Kennedy brought nearly $4.3 billion in U.S. notes into circulation, all backed by silver.
If enough of these certificates were brought into circulation, it would have eliminated the demand for Federal Reserve notes, which are backed by nothing.
Five months later, Kennedy was shot and the silver-backed notes were taken out of circulation.
August 16, 1968 was the last day the US Treasury would redeem the silver-back notes for silver bullion from the US mints.
And then Nixon announced in August 1971 that the US would no longer redeem currency for gold or silver or any other precious metal.
So we are stuck with the Federal Reserve Notes, which are backed by nothing but debt, debt, and more debt.
Was Kennedy trying to return power to the US government, taking it back from the privately-owned international bank cartel (the Fed)?
Sounds like tyranny and criminal activity at its worst.
http://www.john-f-kennedy.net/executiveorder11110.htm
http://www.kamron.com/economics/kennedy.htm
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