Soros wants a global currency/global govt. just like Kissinger. So he helped the Nazi’s and now he likes the Commies he is praising them trying to get them to play ball.
The endgame of QE2 may be to motivate China to join a system of global governance and global currency against its wishes and better judgment.
Certainly the motivation for a global currency exists. Consider the comments of Henry Kissinger of one year ago:
I believe that what the Chinese are trying to do is to make themselves somewhat more autonomous of financial decisions made in the United States. And therefore, they want to reduce their reliance on the dollar as a reserve currency. It seems to me they are moving very gradually, very carefully to create the possibility of an alternative reserve currency. They cannot move rapidly because they cannot depreciate the dollar without hurting themselves [by taking losses on unpaid debt]. But over a ten year period, the thrust of the Chinese is to become less dependent on American financial decisions.
What is Kissingers solution? A new world order. China cannot be permitted to grow unrestrained while Europe and America are in decline.
George Soros has called for the same solution:
[We] really need to bring China into the creation of a new world order, financial world order. They are kind of reluctant members of the IMF. They play along. But they dont make much of a contribution because it is not their institution.
I think you need a new world order: China has to be a part of the process of creating it and they have to buy in. They have to own it. (Emphasis added). Continue at link
Notice his praise for China earlier today...
“There is a really remarkable, rapid shift of power and influence from the United States to China,” Mr. Soros said, likening the U.S.’s decline to that of the U.K. after the Second World War.
Because global economic power is shifting, Mr. Soros said China needs to change its focus. “China has risen very rapidly by looking out for its own interests,” he said. “They have now got to accept responsibility for world order and the interests of other people as well.”
Mr. Soros even went so far as to say that at times China wields more power than the U.S. because of the political gridlock in Washington. “Today China has not only a more vigorous economy, but actually a better functioning government than the United States,”
The chance for a new world order
Kissinger: Obama primed to create ‘New World Order’
This EVIL little man should be in prison but instead he is helping to destroy America and bring about a global government. Of course nothing is said about the brutal tactics of the communists. The so called socialists we have in America today are nothing but communists they haven’t been able to disarm us yet thank goodness I have no doubts if they had they too would use brutal force to control every aspect of our lives and we would be slaves like the Chinese.
Thanks for the post/links, Lori. The first link...”acivilsociety”...is a must read.
More commie nonsense fromLouri. She is yet to reveal ant knowledge of finance or economics but spewing nonsense while using fancy words makes her happy. Just say any of the words "Fed," "Goldman," or "CEO" -- and step back.
Actually, "the endgame of QE2" is what it is: to combat deflation (that this concern is paramount was confirmed by yesterday PPI data, showing fastest price drop in 4 years). For any country, deflating its currency to motivate another to do something is like committing suicide just to motivate your mother to let you stay up late next time. But fromLouri does not have a clue.
For fromLouri and all the other conspiracy theorists on this tread, spewing nonsense makes them feel like generals without learning a word about the war.