The Theft of Nations: Returning to Gold |
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Page 55
... KLIBOR plus 3.5 per cent , a difference of 3 percentage points . Therefore , corporation A enjoys an absolute advantage in both markets relative to corporation B , but a comparative advantage in the floating rate market where it can ...
... KLIBOR plus 3.5 per cent , a difference of 3 percentage points . Therefore , corporation A enjoys an absolute advantage in both markets relative to corporation B , but a comparative advantage in the floating rate market where it can ...
Page 56
... KLIBOR + 0.5 % B Difference A enjoys absolute advantages in both markets 9 % 1 % KLIBOR + 3.5 % 3 % The difference between the two here is 2 per cent . Since A can borrow much more cheaply in the floating rate market , it therefore has ...
... KLIBOR + 0.5 % B Difference A enjoys absolute advantages in both markets 9 % 1 % KLIBOR + 3.5 % 3 % The difference between the two here is 2 per cent . Since A can borrow much more cheaply in the floating rate market , it therefore has ...
Page 57
... KLIBOR + 0.5 % and then signs a swap agreement with the bank where the bank will pay Corporation A the KLIBOR + 0.5 % while A pays the bank 7.5 % . Therefore , the net cost to A is 7.5 % fixed . Note that in swapping no actual principal ...
... KLIBOR + 0.5 % and then signs a swap agreement with the bank where the bank will pay Corporation A the KLIBOR + 0.5 % while A pays the bank 7.5 % . Therefore , the net cost to A is 7.5 % fixed . Note that in swapping no actual principal ...
Contents
Stakes in the Current Global Financial System | 3 |
SeigniorageThe Instability and Unjustness of the Fiat | 29 |
The Theft of Nations | 43 |
Copyright | |
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2002 International Conference Allah arbitrage arbitrage profits banking system basically benefit bilateral borrow cash flow cent central banks collapse complementary currencies Conference on Stable countries create money current monetary system debt default depreciate developing nations Diagram domestic transactions e-dinar economy example exports fiat currencies fiat monetary system fiat money system financial system floating rate market foreign exchange risk futures contract Gago and Sago Global Monetary System gold as money gold coins gold payment system gold price governments hedging Hence implement the gold increase interest charges interest rate international financial institutions international reserve currencies international trade intrinsic value Islamic banking Islamic Gold Dinar KLIBOR Kuala Lumpur loans Malaysia million gold dinar money created money creation money supply multilateral trade multiple deposit creation national currencies problems reserve currencies reserve requirement ringgit rupee seigniorage Singapore dollar speculation and arbitrage Sukus thereby U.S. Dollar wealth and sovereignty