Comments by "MSD Group" (@MSDGroup-ez6zk) on "Economic World War: To Flip U.S. Threats, China Readies A $1.4 Trillion Response" video.
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I will give you an example how danger it is the USD manipulation. I will give you an example from Indonesia. Indonesia is not my country but what Soros did there was interesting due to the catastrophic he made after manipulating USD.
1. Wages.
Let say Freeport McMoran paid me Rp 10 million/month for my wages.
a. In 1969, 1 USD = Rp 7.5. Thus Freeport McMoran has to prepare Rp 10 million/Rp 7.5 = USD 1.3 million/month for my Rp 10 million/month wage.
b. In 1997, 1 USD = Rp 2,000. Thus, Freeport McMoran has to prepare Rp 10 million/Rp 2,000 = USD 5,000/month for my Rp 10 million/month wage.
c. In 1998, Soros came. 1 USD = Rp 16,800. Thus, Freeport McMoran has to prepare Rp 10 million/Rp 16,800 = USD 595/month for my Rp 10 million/month wage
Gees Freeport reduced its obligation
USD 1.3 million/month/person --------------------------------------------->USD 595/month/person while the workers only have 1 life only.
You can see how USD manipulation can save Freeport pocket deeply.
By manipulating USD, Freeport McMoran can save USD 1.3 million - USD 595/USD 595 = 99.99% expenses on wages while Freeport has experienced 100% of sales were in USD and sent directly to the USA from its buyers and the increment of gold price.
2. Debts.
According to Rizal Ramli, ex Indonesia ministry, the total debts of Indonesia in 1997 was USD 366 billion. In 1997, 1 USD = Rp 2,000. thus total Indonesia debts in local currency were USD 366 billion x RP 2,000 = Rp 732 trillion.
In 1998, Soros came, 1 USD = Rp 16,800. Thus, the total debts of Indonesia in 1998 became USD 366 billion x Rp 16,800 = Rp 6,148 trillion.
Gees, thanks to Soros, Indonesia total debts
Rp 732 trillion -------------------------------------------------------------> Rp 6,148 trillion.
This is a gain of Rp 6,148 trillion - Rp 732 trillion = Rp 5,416 trillion.
now compare to what Suharto has corrupted.
In 1997, Indonesia spent Rp 100 trillion for its budget that year. If 30% of Indonesia spending was corrupted by Suharto, he would receive Rp 100 trillion x 30% = Rp 30 trillion/year. If Suharto has corrupted for 30 years, this means he has earned Rp 100 trillion x 30% x 30 years = Rp 900 trillion.
Now you can compare which one was the worse one, the Suharto corruption vs the Soros USD manipulation?
Rp 5,416 trillion vs Rp 900 Trillion?
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I will give you an example how danger it is the USD manipulation. I will give you an example from Indonesia. Indonesia is not my country but what Soros did there was interesting due to the catastrophic he made after manipulating USD.
1. Wages.
Let say Freeport McMoran paid me Rp 10 million/month for my wages.
a. In 1969, 1 USD = Rp 7.5. Thus Freeport McMoran has to prepare Rp 10 million/Rp 7.5 = USD 1.3 million/month for my Rp 10 million/month wage.
b. In 1997, 1 USD = Rp 2,000. Thus, Freeport McMoran has to prepare Rp 10 million/Rp 2,000 = USD 5,000/month for my Rp 10 million/month wage.
c. In 1998, Soros came. 1 USD = Rp 16,800. Thus, Freeport McMoran has to prepare Rp 10 million/Rp 16,800 = USD 595/month for my Rp 10 million/month wage
Gees Freeport reduced its obligation
USD 1.3 million/month/person --------------------------------------------->USD 595/month/person while the workers only have 1 life only.
You can see how USD manipulation can save Freeport pocket deeply.
By manipulating USD, Freeport McMoran can save USD 1.3 million - USD 595/USD 595 = 99.99% expenses on wages while Freeport has experienced 100% of sales were in USD and sent directly to the USA from its buyers and the increment of gold price.
2. Debts.
According to Rizal Ramli, ex Indonesia ministry, the total debts of Indonesia in 1997 was USD 366 billion. In 1997, 1 USD = Rp 2,000. thus total Indonesia debts in local currency were USD 366 billion x RP 2,000 = Rp 732 trillion.
In 1998, Soros came, 1 USD = Rp 16,800. Thus, the total debts of Indonesia in 1998 became USD 366 billion x Rp 16,800 = Rp 6,148 trillion.
Gees, thanks to Soros, Indonesia total debts
Rp 732 trillion -------------------------------------------------------------> Rp 6,148 trillion.
This is a gain of Rp 6,148 trillion - Rp 732 trillion = Rp 5,416 trillion.
now compare to what Suharto has corrupted.
In 1997, Indonesia spent Rp 100 trillion for its budget that year. If 30% of Indonesia spending was corrupted by Suharto, he would receive Rp 100 trillion x 30% = Rp 30 trillion/year. If Suharto has corrupted for 30 years, this means he has earned Rp 100 trillion x 30% x 30 years = Rp 900 trillion.
Now you can compare which one was the worse one, the Suharto corruption vs the Soros USD manipulation?
Rp 5,416 trillion vs Rp 900 Trillion?
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I will give you an example how danger it is the USD manipulation. I will give you an example from Indonesia. Indonesia is not my country but what Soros did there was interesting due to the catastrophic he made after manipulating USD.
1. Wages.
Let say Freeport McMoran paid me Rp 10 million/month for my wages.
a. In 1969, 1 USD = Rp 7.5. Thus Freeport McMoran has to prepare Rp 10 million/Rp 7.5 = USD 1.3 million/month for my Rp 10 million/month wage.
b. In 1997, 1 USD = Rp 2,000. Thus, Freeport McMoran has to prepare Rp 10 million/Rp 2,000 = USD 5,000/month for my Rp 10 million/month wage.
c. In 1998, Soros came. 1 USD = Rp 16,800. Thus, Freeport McMoran has to prepare Rp 10 million/Rp 16,800 = USD 595/month for my Rp 10 million/month wage
Gees Freeport reduced its obligation
USD 1.3 million/month/person --------------------------------------------->USD 595/month/person while the workers only have 1 life only.
You can see how USD manipulation can save Freeport pocket deeply.
By manipulating USD, Freeport McMoran can save USD 1.3 million - USD 595/USD 595 = 99.99% expenses on wages while Freeport has experienced 100% of sales were in USD and sent directly to the USA from its buyers and the increment of gold price.
2. Debts.
According to Rizal Ramli, ex Indonesia ministry, the total debts of Indonesia in 1997 was USD 366 billion. In 1997, 1 USD = Rp 2,000. thus total Indonesia debts in local currency were USD 366 billion x RP 2,000 = Rp 732 trillion.
In 1998, Soros came, 1 USD = Rp 16,800. Thus, the total debts of Indonesia in 1998 became USD 366 billion x Rp 16,800 = Rp 6,148 trillion.
Gees, thanks to Soros, Indonesia total debts
Rp 732 trillion -------------------------------------------------------------> Rp 6,148 trillion.
This is a gain of Rp 6,148 trillion - Rp 732 trillion = Rp 5,416 trillion.
now compare to what Suharto has corrupted.
In 1997, Indonesia spent Rp 100 trillion for its budget that year. If 30% of Indonesia spending was corrupted by Suharto, he would receive Rp 100 trillion x 30% = Rp 30 trillion/year. If Suharto has corrupted for 30 years, this means he has earned Rp 100 trillion x 30% x 30 years = Rp 900 trillion.
Now you can compare which one was the worse one, the Suharto corruption vs the Soros USD manipulation?
Rp 5,416 trillion vs Rp 900 Trillion?
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