The Currency Battle

I doubt time has seen the magnitude of the battle for the control of a world currency that we are witnessing today. As is I am not an expert on it and have stepped out where the angels fear to tread with this post. Seeing the dollar rally as it has one would think they are in control. There are other factors to consider with this battle though.

http://www.examiner.com/article/russia-ratifies-economic-union-and-readies-trade-currencies-other-than-dollar

The Dollar has it`s task ahead as events are going on to weaken it. Putin according to this news release. Quoted from the article " On Oct. 3, Russian President Vladimir Putin announced that he has signed a treaty ratifying the Eurasian Economic Union, and is set to begin a new era of trade done primarily outside the dollar, and in national currencies such as the Yuan and Euro. This Union already has the support of several BRICS nations, as well as associate countries, and will help facilitate trade being done in a much smoother and easier way than what is currently used through SWIFT or other Western banking processes ."

It is easy to put down things in words but can they do it such as facilitating trades in a smoother way. No doubt we are not the only power in the world. The dollar has a big market to battle with multiple countries added up if they choose to trade in a different manner.

Some may know this but many have been lead to believe wars come from bad leaders who need replaced as their society has suffered. In the background have you ever considered that it might be for control of a currency. If those countries begin trading outside of the recognized currency then there is a shift in power.

Going back in history I watched a real good and well put together documentary on the History of Gold. It`s worth a watch. As it portrays about Power and Control. In World War 2 many countries were invaded. As I understand what they were saying the war was not for control of the land but Gold. I guess both could easily be connected though. The side of the story from the commentory explains how Germany went broke financially. Then the decision to invade other countries for their Gold. Interesting point of view for sure.

Rumor has been heard that Iraq was going to trade in another currency than the Dollar so there you go if you believe this side of the story. Regardless, when you think about it we live in a world where much higher powers battle for ultimate control. Seeing that point of view it does make one see how we could be kept in the blind believing it doesn`t happen. If true it will be interesting to see how this all turns out. Like always I am a thought provoker so take it for what it is.