not long ago, a few months back, i wrote that the west could
issue unlimited money without the market punishing it, like
now. and for Singapore to do the same, we will see the market
punish singapore's currency to junky banana level. now you
see what i mean by observing what the western central banks are
doing to rescue their banks and how calm the markets are at the
moment.
US dollar standard gives the west lots of power over the rest of
the world. thats why, gold standard is scrapped.