What can I do when logged in?

You can submit new articles, so we can make unique versions of them and distribute them for you.
If you want to simply publish the same article on 800 websites, you can tell us to do that.
You can see the archive and current status of all your article distributions.
You can order any number of high-quality articles - just let us know your keywords.
You can browse the archive of all the articles we have written for you.
You can order our Complete Service (10 high-quality articles plus 10 article distributions).
You can purchase more credits for our services and check your affiliate earnings.
Much more ...

SpinDistribute.com Article Directory

The following article was published in our article directory on October 18, 2010.
Learn more about SpinDistribute Article Distribution System.

Five Questions About the Currency of War

Article Category: Business

Author Name: xia zihui

Recently, the dollar continued to depreciate against the backdrop of many economies are forced to take measures to intervene in currency markets to curb excessive currency appreciation, a time of "currency war" much talk. In the end what is the "currency war"? Who provoked "currency war"? "Currency war" How much harm in the end? China's "currency war" should be alert to what? "Currency war" Where is the way out?

Numerous voices in the back of some fundamental issue is urgently needed a clear answer.

One question: What is the "currency war"

According to the traditional understanding, "currency war" refers to a country with its strong economic and financial strength, the use of monetary and exchange rate policies, to combat competition from the economic, plundering the wealth of other countries.

Therefore, the "currency war" in essence, with a strong premeditation, purpose and destructive, is "economic warfare" as a form of conflict between nations is one of the manifestations fierce struggle.

But it must be pointed out that: such a sense of "currency war" is currently only speculation, rumor stage, there is no clear evidence that the world is such a dog in the manger in a "suicide operation."

In fact, with the current world economic situation, "currency war" means to be simple and clear much of its general can be understood as: a number of countries and regions in the face of internal economic difficulties, in order to stimulate exports, increase employment, competing to take measures to man-made down the currency exchange rate. If more and more countries and regions to take this beggar thy neighbor's monetary and exchange rate policy, is bound to aggravate the conflict of interests between countries, and ultimately will undermine the world economic recovery process, its impact may be to some extent with the "War" par.

Despite the recent national monetary and exchange rate policy in the confrontation and conflicts have increased, but it must be noted that this situation is also far from "war." Western media have repeated speculation "currency war", in fact, exaggerated the national monetary and exchange rate policy differences, increase the tension in the international community.

Second question: Who in the manufacture of "currency war" atmosphere

On the surface, this round of "currency war" primarily due to the cause of Sino-US dispute on the RMB exchange rate upgrade. In addition, the Government of Japan continuing appreciation of the yen after the direct intervention in currency markets, as well as Brazil, South Korea, Singapore and other economies have taken measures to curb the excessive appreciation of the RMB against the U.S. dollar momentum, all of which play an important role.

However, this is a "currency war" should be attributed to the real cause of the United States. First, some U.S. politicians forced by domestic political pressure, once again provoked and intensified the dispute on the RMB exchange rate, so that appears in the current RMB exchange rate "currency war" of the vortex center.

Right now, the U.S. economic recovery is sluggish, the domestic employment pressure is high, the economy has become the U.S. Congress in November mid-term elections, the main issue. Many U.S. politicians have the RMB exchange rate as the U.S. economic difficulties, "scapegoat" political impulse.

Second, this round of "currency war" is the root cause of massive U.S. Federal Reserve "printing money." Facing economic difficulties, the Federal Reserve to maintain long-term benchmark interest rate close to zero, while the purchase of financial assets the way a lot of dollars into the financial system with liquidity, the image of this process is also known as the Federal Reserve "printing money." This policy led directly to the Federal Reserve is expected to increase the depreciation of the dollar, U.S. dollar also resulted in substantial speculative capital into emerging and developing economies arbitrage.

As a result, from Korea to Brazil, from Thailand to Singapore, many economies are global currencies against the U.S. dollar was strong pressure to appreciate. These economies in turn were forced to take measures to intervene in the foreign exchange market, drive down the currency exchange rate, eventually forming a seemingly "currency war" situation.

The key question is: in the eyes of some U.S. politicians, the Federal Reserve through the "printing money" down the dollar exchange rate is entirely "reasonable", and other economies to safeguard national economic and financial security down the currency exchange rate is "illegal." This is an obvious "double standard."

Question three: "currency war" against which in the end

The world's largest economy from the United States, if the Fed continued to "print money", will likely contribute to global excess liquidity within the U.S. and the dollar, then a serious of "hot money" speculation problem.

The most typical result: a large number of dollars of "hot money" into the emerging and developing economies to speculate that if these economies are not to intervene, "hot money" is likely to create new in the local stock market and real estate market bubble; If the monetary authorities of these economies through the "print money" to absorb "hot money", it is possible in the local inflation.

At the same time, the dollar could also bring soaring commodity prices, the international financial crisis broke out before the world was facing "soaring oil prices" and "food crisis" situation is likely to stage a comeback.

More importantly, if the country abandoned this form in the international financial crisis, the spirit of cooperation, moving towards the expense of others in the monetary and exchange rate policy, will the world economy faces serious challenges.

Question four: China in the "currency war" what should be alert

As previously said, the RMB exchange rate of U.S. politicians to stir up disputes and the Fed "printing money", is it a "currency war" the real reason, but some U.S. politicians and a few Western media purposely distorted the facts only, and in " currency war "to solve the track, often the name of" responsibility "on the cover, put pressure on China, or even interested in" smearing. "

In fact, the Fed "printing" the dollar devaluation is the cause of the current forced to intervene in currency markets in many economies the fundamental causes. Therefore, even if the RMB appreciation, depreciation of the dollar will not solve the context of emerging and developing economies, currency "is appreciation" of the problem, can not put an end to intervention in foreign exchange markets of these economies of action.

Five questions: "currency war" to Go

Current "currency war" talk loud and clear reason, one important reason is that, with the slowdown in world economic recovery, some country out of its economic difficulties, trying to take "every man for himself" monetary and exchange rate policies. To resolve the "currency war", countries must be 30 years of last century's "Great Depression" learn the lessons and regain the spirit of cooperation.

It must be emphasized is that although the current world economy continues to recover, but the potential risks and challenges still a lot of the real crisis is far away, at this moment, the international community to continue to uphold the spirit of unity and cooperation is essential.

In addition, a "currency war" once again highlighted the plight of the current global monetary system, that the sovereignty of the U.S. dollar as the U.S. currency, and to assume the functions of the main international reserve currency, and between these two functions are often conflicting with each other opposite. Federal Reserve to stimulate the growth of printing money the U.S. economy is likely to lead to the proliferation of dollar liquidity and the dollar, and thus bring new financial stability of the international impact. Therefore, the establishment of a new global monetary system is still urgent.

Keywords: Red Laser Diode K69S09W-1.00W, 1064nm Laser Module K10D06M-10.0W,

Learn more about SpinDistribute Article Distribution System. We also offer a Pro Article Writing Service to everyone who needs premium quality well-researched articles.

SpinDistribute.com Network

Each article you submit at SpinDistribute.com is sent through our innovative Article Distribution System to our network of more than 1840 publishers - about 55% of them are high-quality article directories, 30% of them are niche blogs and 15% of them are other content-rich websites.

To achieve the best possible success we only publish your article to most related websites. This means your article will show up on approximately 640 - 880 most related websites which will give you great SEO results.

We also offer a separate Professional Article Writing Service to everyone who's looking for high quality web content and well researched unique articles.