Read more: http://curiouscapitalist.blogs.time.com/2011/04/14/do-the-brics-believe-in-free-markets/#ixzz1JX8xsRMi



Gamesmith94134: Do the BRICS believe in free markets?



Mr. Shuman,

“The regulation of the derivatives market for commodities should be accordingly strengthened to prevent activities capable of destabilizing markets.” It can be corrected if we all being honest how derivatives market for commodities is operated; not manipulated. I am not questioning on the misquoted derivatives on real estate or banking that went under; it was the imbalance of trade that tilted the market and left everyone puzzled how our global monetary system applies.

If you defrauded, not punished; but appreciated. So, is it the force the G-7 applies to stabilize the market that the more sovereignty debts the more value does to its currencies by its throw weight? Euro pluses PIIGS add 15% (1.4 rose from 1.2 to a Dollar), or Yen added Fukushima deserve 10% (90 down to 83), but a trillion more deficits for US that cut its value by 15%. I suppose it is the way how G-7 wants everyone else to pay for their debts and maintain the stability of the global market and enslave the non-monetarily sovereignty nations or emerging nations for sake of consumerism or balance of payments. Who is their accountant and I need him to fix my loan too? Is it IMF or the SDR? Is it the resolution to the debt crisis? If it is no monopoly, shall I say socialism or oligopolies? Why can’t the G-7 put on other shoes of the emerging market nations or the non-monetarily sovereignties like inflation by 5%? FED said inflation did not affect our economy even though we paid 11% of our living expense on gas; temporally under our sub zero interest policy. It was because their currencies like Chinese yuan (renmimbi) are undervalued and still pay over $4 for it.

Mr. Schuman stated, “All of the BRICS have been huge beneficiaries of free capital flows, which have boosted their wealth and created jobs for their large populations. So the BRICS want to enjoy the benefits of free markets while jettisoning what they don't care for. We all do, of course, but in the West, and especially the United States, there is much more wariness about the potential negative consequences of market interference than we find among the BRICS.”

Well said; But why I am puzzled why we give up our houses in foreclosures. It went up 12% last month and we gave our money to invest the emerging market nations instead of saving us from further embarrassment. Those hedge fund managers should buy us out with full price. Why China or Brazil? Did they learn the lesson of us that their assistance is not needed if any of their citizens would take 70 years of earnings to buy one house just because of the free capital flows?

I am glad the BRICS are united to capture the moment under the decree of slavery of the G-7; and challenged the IMF in the SDR to adopt Chinese yuan (renmimbi) as part of the exchange. I think it is the best act of diversification to our heated and imbalanced global economy; and everyone is playing fair in the free trade market. In addition, the ruling on the policy that defaulted on loan must pay, and deficit from trade cannot make its currencies stronger should be affirmed; so, everyone should earn its privilege to lead and not master its disguise to cheat or enslave.

By putting on some ones’ shoes, he should understand better of the free capital flows and inflation that investments work ambidextrously in growth and exploitation

May the Buddha bless you?

