http://blogs.moneyandmarkets.com/real-wealth/liquidity-of-investments/16 Just another Money and Markets Blogs weblog Tue, 28 Apr 2009 00:33:24 +0000 hourly 1 http://blogs.moneyandmarkets.com/real-wealth/liquidity-of-investments/16/comment-page-1#comment-17 DocMay Tue, 30 Nov 1999 00:00:00 +0000 http://blogs.moneyandmarkets.com/real-wealth/liquidity-of-investments/#comment-17 Interesting article, but currency swaps in history have always been to reduce debt, bank accounts or currency in circulation. In the 80s rumors of currency swap of 10 old dollar for new dollar (with some type of gold backing). This reduces the debt of government to 10% and all financial holding with a number amount to 10%. Salary/ prices stay the same. The Government explains that everyone needs to suffer a little to help the entire economy (Country). "JUST LIKE THE WORD OF KING OBAMA!" Banks, debts of Goverment and financial crisis are solved at the expense of people who have funds earning interest in financial institutions. This is a more likely scenario. What do you think? After all, Obama says the rich should not mind paying just a little more. ROFL! DocMay Interesting article, but currency swaps in history have always been to reduce debt, bank accounts or currency in circulation. In the 80s rumors of currency swap of 10 old dollar for new dollar (with some type of gold backing). This
reduces the debt of government to 10% and all financial holding with a number amount to 10%. Salary/ prices stay the same. The Government explains that everyone needs to suffer a little to help the entire economy (Country). “JUST LIKE THE WORD OF KING
OBAMA!” Banks, debts of Goverment and financial crisis are solved at the expense of people who have funds earning interest in financial institutions. This is a more likely scenario. What do you think? After all, Obama says the rich should not mind paying
just a little more. ROFL! DocMay

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