The reserve currency role seems to add prestige to an area and some people in Europe have talked about the desirability of the euro becoming an international reserve currency.

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So if the euro, if Euroland is to become a reserve center, if the euro is to become a reserve currency, Euroland will have to have a deficit in its overall balance of payments.

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Another question has been raised rather widely in Europe, in Japan as well as in the United States is what, to what extent will the euro become a reserve currency.

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If a currency is to become a growing, an increasing reserve currency, there has to be not only a demand for it there has to be a supply of it.

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Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are checks drawn on insufficient funds.

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I Have Reserved Time to Write This; Why?

I sat in the nature reserve
Watching the animals playing football
I was just a reserve
Not in the first eleven

I had a seat in the theatre reserved
I watched the play unfold
I not an actor I’m too reserved
I’m in the audience where I belong

I was called up by the army
Served before; but they wanted me to re-serve
I was playing tennis; the ball went wide
They made me re-serve

Reserve your energy
Reserve your nerve
Keep your humour in reserve
Keep your reserve in reserve

I reserve the right to say you asked me to write this
And I have kept the best in reserve
You will have to reserve an appointment
With a proper poet after you’ve read this

An anagram of reserve
Is reverse
I wish I could reverse time
Then I wouldn’t have wrote this

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The dollar is currently the principal reserve currency in the world.

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We Are Running On Reserve...(raw, For Edit/revision)

we've been together for so long...
know which route we always take...
when the rains blur our windshields
and the sun heat our seats...
we sleep atop the moon bathed hill...
on beaches with calming waves...
roamed each road we never planned to take

but never we have felt before...

we are running on reserve...
we just cannot tell...
because we are running on reserve
our ride could not end well...

we are running on reserve
we are running on reserve...
we are running on reserve...

a red light keep flashing unnoticed
each bump were too much to take
we are running on reserve
so our end, we cannot tell...

the headlights are dim,
the horns shout making us deaf
the brakes push automatically
we are running on reserve...
and we near our end

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We have the EURO as a currency, which means a lot. It has not just stabilized the situation in Kosovo politically and economically, but also facilitated the direct contact that we have with Europe.

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And the trajectory that our debt is taking now beyond $14 trillion is going to have an impact on our currency. It goes south, and our currency's going to have an impact on our standard of living and affect every family in this country, and over time, our international competitiveness.

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I mean, I'm a conservative. I believe that, you know, if you borrow too much, you just build up debts for your children to pay off. You put pressure on interest rates. You put at risk your economy. That's the case in Britain. We're not a reserve currency, so we need to get on and deal with this issue.

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Greed Counts Currency

Greed counts currency
While sheer Poverty cries,
With mocking mirth and glee
And a twinkling of the eye.

Greed counts currency
While a Nation slowly dies
Calloused Shame is empty
As Fear closed Freedom's eyes.

Greed counts currency
As in Anger a people cry
The Lust for Power may see
Them give Revolution a try.

............................. ..........................
December 2 2009

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The major material advantage, financial advantage from having a reserve currency is that between 200 and 300 billion dollar bills, that may be twenty, fifty, hundred dollar bills as well as ones, exist in the world - a lot of them in Russia as you all know I'm sure.

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All currency is neurotic currency.

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But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.

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the moneys funny...by Talile Ali

our monetary system is a fraudulent illegal
ponsy scheme.
the federal reserve creates wealth annually
for the budget of the US.
this currency is then deposited
into banks by the US
with an understanding that they may now
lend up to ten times
of these deposits to prospective lenders.
then people borrow this non existent capital with interest
then people repay these baseless loans,
never knowing that they never borrowed anything in the first place
this is fraud
thanks to Barney Madoff
we now know how much of one

Shame on the US for allowing this to happen.
Shame on us for not doing anything to stop it.
Don't act like you didn't know something was and is still wrong.
everybody knew.
but what can we do?
a lot and yet too few
this world is a mess
because we have allowed babies
to run the entire ship
based on how loudly and eloquently
they wail.
it is time for all of us to take a stand.
as to these fraudulent banking practice.
these sons a itches
need to be taken to court,
brought up on criminal charges
and sued.
we need to restored a real system of human credit
if we are going to create wealth for me and you
the currency
could be based upon our population.
for example, each person is worth the estimated value of their life time
of contributions to our society.
lets say for example 5 million dollars
multiply that by the number of folks in the nation
and you have the amount of wealth
the country can always develop currency upon.
needless to say,
from that point, it is easy.
so, corporations will not be able
to manipulate the masses as well
they have to make due to their fabrication of wealth
on the part of industry
but, the plus so outweigh the minus
next, make it law
that anyone who attempt to defraud
anyone else will be severely fined.
no prison time.
just all of their accumulated wealth
and their families accumulated wealth
will be attached by the state
that's all.
simple laws for a simpler and more just world.

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Well, I make a practice of not commenting on the role of the relative exchange value of our currency.

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Not Quite Drowning But Waving

Please
scroll back
to Chris Higginson's
'Zimbabwe' plea
for your
poetic sympathy.

The prize
is in the international currency
of the heart

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This legislation confronts the human truth that the need for clean water knows no borders, and proper management and intervention can be a currency for peace and international cooperation.

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Rent

(again... again... again... ooooh
(again... again... again... again... ...)
You dress me up, Im your puppet
You buy me things, I love it
You bring me food, I need it
You give me love, I feed it
And look at the two of us in sympathy
With everything we see
I never want anything, its easy
You buy whatever I need
But look at my hopes, look at my dreams
The currency weve spent
(ooooh) I love you, oh, you pay my rent
(ooooh) I love you, oh, you pay my rent
You phone me in the evening on hearsay
And bought me caviar
You took me to a restaurant off broadway
To tell me who you are
We never-ever argue, we never calculate
The currency weve spent
(ooooh) I love you, oh, you pay my rent
(ooooh) I love you, you pay my rent
(ooooh) I love you, oh, you pay my rent
Im your puppet
I love it
And look at the two of us in sympathy
And sometimes ecstasy
Words mean so little, and money less
When youre lying next to me
But look at my hopes, look at my dreams
The currency weve spent
(ooooh) I love you, oh, you pay my rent
(ooooh) I love you, you pay my rent
(ooooh) ooh, I love you, you pay my rent
Look at my hopes, look at my dreams
The currency weve spent
(ooooh) I love you, oh, you pay my rent
(ooooh) I love you, you pay my rent
Look at my hopes, look at my dreams
The currency weve spent
(ooooh) I love you, oh, you pay my rent
(ooooh) I love you, you pay my rent
(ooooh) I love you, you pay my rent (its easy, its so easy)
(ooooh) you pay my rent (its easy, its so easy)
(ooooh) you pay my rent (its easy, its so easy)
(ooooh) I love you (its easy, its so easy)
(its easy, its so easy)
(its easy, its so easy)
(its easy, its so easy)
(its easy, its so easy)
(its easy, its so easy)
(its easy, its so easy)

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The Incredible Shrinking Country

It’s become more and more evident that there
is a concerted effort by global oligarchs to emotionally,
and financially bankrupt the United States of America.

Wall Street bankers, Federal Reserve Bank, corrupt
Politicians and the Military/industrial complex
are the instruments of the destruction.

The “Derivatives” debacle created more debt than the
American people will ever be able to effectively reduce,
much less pay off.

Greed drew in other Countries that are now moving toward
or are already bankrupt. The “domino effect” threatens to
destroy global economy. Global elite have effectively enslaved
the World using debt.

To further globalist agenda;
Higher food and oil prices.

U.S. monopoly of dollars for oil no longer effective, as
Russia with its enormous oil reserves and production
is selling oil to Europe and China for Euros and gold.

The ultimate goals of the globalist elite include;

1. One world government
2. One world currency
3. One world religion
4. Control of world food production
5. Eugenics and reduction of world population

'He also forced everyone, small and great, rich and poor, free and slave, to receive a mark on his right hand or on his forehead so that no one could buy or sell unless he had the mark, which is the name of the beast or the number of his name. This calls for wisdom. If anyone has insight, let him calculate the number of the beast, for it is man's number. His number is 666'
(Rev.13: 16-18)

ROTMS

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