dollar – Elliott Wave Technician

Currencies September 21, 2011November 30, 2012

The US dollar world reserve currency dilemma

In 1961, the Belgian economist Robert Triffin described the dilemma faced by the country at the center of the international monetary system. In order to supply the world’s risk-free asset, the center country must run a current account deficit and in doing so become ever more indebted to foreigners, until the risk-free asset that itContinue reading The US dollar world reserve currency dilemma

Currencies April 13, 2011November 30, 2012

Economist – Elliott Wave Technician’s comments on currencies

See Elliott Wave Technician’s comment in the Economist regarding the USD and currencies. With the dollar, the Japanese Yen and the Euro all at a critical juncture, it is very relevant. To read it click on the link here. Elliott Wave Technician, Geir Solem, Editor elliottwavetechnician.com

The Rothschild Brothers of London writing to associates in New York, 1863, laying the groundwork for the eventual passage of their catastrophic Federal Reserve Act on December 23, 1913:

“The few who understand the system will either be so interested in its profits or be so dependent upon its favors that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.”