[Economy] Short article about DEM

Day 1,343, 00:08 Published in Germany USA by Gregus Hedvik

39. szám 2011 július. 25. 1342.nap

There are only 4 pages DEM on the monetary market, which means our national currency will be stronger in 1-2 days. 0,003 gold/DEM rate on the gold side means that 1 gold is going to be between 333 and 500.



I'm not happy about it. As a soldier I prefer the cheap national currency because I want to build more companies to able to finance my bread-tank packs from my tiny gold savings.

Higher exchange rate means lower wages in DEM on the job market. The wages depend on the Germany's bonus, and the gold value of the wage.

And you could see now on the monetary market, that many foreign offers have appeared and now it is full of gold. If I were the Minister of Finance I would buy out the gold by the help of Bundesbank and put a huge ammount of to the DEM side to fright the speculators who actually have taken control on the market.

So the point is, the MoF could do something if the politicians felt there is something to do.

Gregus Hedvik
(who is running for congress in Bavaria, but not sure whether he want to be elected or not.)