The man who hopes to be Japan’s next finance minister envisions an Asia united by a single currency, saying the dollar may no longer reign supreme in future.
The opposition’s “shadow finance minister” Masaharu Nakagawa also says he hopes to reshape the world’s number two economy into a kinder, gentler place if his Democratic Party of Japan (DPJ) wins elections this year.
“You can’t invigorate society only through… the law of the jungle where the strong become stronger,” he told AFP. “The same player would always win if there were no handicaps in golf.”
(ARTICLE CONTINUES BELOW)
Japan’s conservative Prime Minister Taro Aso must call elections by September, when the DPJ hopes to topple his Liberal Democratic Party, which has been in power for almost all of the past half century.
In an interview with AFP, Nakagawa outlined some of the changes he would like to make if he becomes finance minister in Asia’s largest economy, which is now in the throes of its worst post-World War II recession.
Looking at the broader region, he said Asia should tackle security and economic issues as “a unified community.”
June 5th, 2009 at 11:53 am
They already have one. It’s called the Wal-Mart Gift Certificate.
General Able Reply:
June 6th, 2009 at 11:37 am
hilarious
June 5th, 2009 at 5:53 pm
This man is thinking Trilaterally, at odds for a sovereign Japanese society. NWO wants an all asian currency. They must be stopped.
June 5th, 2009 at 6:07 pm
Hey people.
Really Really we are so miserable that not a single pair of us can trade in any thing other than those central bank notes?
I have a solution. Let’s devise a game. Two of us go to a public park, bringing some items, like a shirt or I don’t know any thing.
Then we decide on what should be the currency, for example our pens.
Then we start to trade each other in those pens.
IS THIS GAME ILLEGAL?
Let’s do it. Let’s call that game, CURROGCY.
Glasstone Reply:
June 6th, 2009 at 2:32 pm
Better. I say I bring bonds of x chickens, you bring bonds for your ten tubes of toothpaste, we check the value of chickens and toothpaste this day and trade a given amount of bonds according to the value of each (managed by cooperatives, which update the price each hour on internet).
June 6th, 2009 at 1:53 am
A single currency is necessary.That could also stop the Chinese who are keeping their own currency undervalued in order to be more competitive.
In the era of globalisation common currencies between nations who are trading high volumes of goods is a absolute need.
June 6th, 2009 at 10:12 am
Now that’s interesting. I always thought that one of the biggest stumbling blocks to the One World Government would be getting the asians together. They have so much mutual enmity and unlike Europe, they have much less time papering over their differences. Then there is also the intense ethnocentrism amongst the various asian groups who tend to see themselves as special and everyone else as beneath them.
I guess the NWO has infiltrated asia more than I’d thought.
Ken
http://www.LaserGuidedLoogie.com
June 6th, 2009 at 12:22 pm
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June 6th, 2009 at 4:22 pm
“Let me issue and control a nation’s money and I care not who writes the laws.” Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild.
If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)
“I believe that banking institutions are more dangerous to our liberties than standing armies.” – Thomas Jefferson
History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance. -James Madison
If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations. -Andrew Jackson
The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity. -Abraham Lincoln
June 6th, 2009 at 4:29 pm
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A mere handful of very big banks is responsible for a massive investment scheme known as “derivatives,” which now tallies in at hundreds of trillions of dollars. The banking system has been contrived so that these big banks always get bailed out by the taxpayers from their risky ventures, but the scheme has reached its mathematical limits. There isn’t enough money in the entire global economy to bail out the banks from a massive derivatives default today.
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June 6th, 2009 at 4:50 pm
“The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent.” John Kenneth Galbraith (1908- ), former professor of economics at Harvard, writing in ‘Money: Whence it came, where it went’ (1975).
“In the twenty years before the founding of the [Federal Reserve] System there were 1748 bank suspensions; in the twenty years after it ended the anarchy of unstable private banking, there were 15,502.” John Kenneth Galbraith (1908- ), former professor of economics at Harvard, writing in ‘Money: Whence it came, where it went’ (1975).
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