Struggle for domination: How the Federal Reserve as McDonald's
McDonalds
In 1961, McDonald's for a national phenomenon. Today, McDonald has more than 30,000 locations in more than 100 countries enjoy all selling the same heart, with just enough so-called "healthy choice" in its menuto reassure critics.
With the expansion of McDonald, died of a traditional Diners for the other. People who have lost their jobs for having worked there, and instead transferred to McDonald's. But then,> McDonald's low wages and have asked for more hours, which makes life for all employees more difficult than it already. The Merriam Webster Dictionary defines the term itself, "Mc-work" as "low-paid labor that requires little skill and provides little opportunity for advancement."
Today, McDonald is a virtual global monopoly in its field.
The Federal Reserve
The U.S. dollar, the Federal Reserve's Big Mac, the international money today. WhileThere have been attempts by other economies, the level of any international recognition as the U.S. dollar reached. This is something that the Federal Reserve, the Treasury guaranteed by the SU.
For example, it was extremely small island of Niue with no natural resources, with no production base and an economy that depends heavily on aid from New Zealand. Niue leader considers the possibility of an international banking center.
Niue is smaller and less taxesfor financial transactions. This threatens the primacy of New York and the dollar is still significantly cheaper transaction costs may be after an exodus of dollars from continental NYC Niue. The U.S. Treasury Department with the insistence of the U.S. central bank forced to Niue to forget. Today, Niue is threatened with bankruptcy because they lost their only opportunity to prosperity at the top of the withdrawal of foreign aid.
Most foreign aid packages are based on the International Monetary Fund, andare in U.S. dollars. This means a greater need for money for aid is a greater need for the Federal Reserve. So the Federal Reserve aggressively promoting the coverage through the expanded dependence on foreign aid. Unfortunately, almost everyone agrees that this phenomenon is a fact of life. Directly to the birth of the Fed, economic and political influence of the average working person eroded during the night, the money can be easily manipulated by a central authority. Unfortunately, most of uspersons who are employed regularly.
policy and fiscal policy was determined by the control of money - and come with it. The Federal Reserve can control the value of savings by diluting or strengthening of the dollar. The numbers in your bank account does not really mean anything, because now your buck, even if interest is applied, it is easily worth nothing if the Federal Reserve intends Sun
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