The global economic system is simply a combination of multiple political economies, all seeking control to make good on promises made to the voting population at large. Currency manipulation has become the atomic bomb of the 21st century and has destroyed /capped the lives of innocent bystanders, there by creating a human rights epidemic. Are there solutions available to the people?
I view the continued currency manipulation to be motivated by political-economies and used with military strategy and precision. Economies have been targeted, currencies manipulated to influence economic capabilities with fiat currencies. Look at Venezuela, among others.
The people are the victims as the governments play "economic war" with each other.
Is the a human rights issue, and how does this vary from human trafficking in the broad sense ( certainly at the micro level, human trafficking is an extreme abuse of the person) ? Are governments involved in a war game using the currency, and are the people the victims of these "crimes"?
At present I believe the mode global transection is based on petro-dollar at Nixon Order. According to few recent books of American scholars, they point out that only 8% of US's GDP is connected to global economy excluding Canada and Mexico. The only product of US that really interested to others countries are it's "dollar", software and military-hardware (which now even the NATO countries don't want). Like many other scholars, I also believe that gold-standard of global finance will be a major step towards or as anti-dope against currency manipulation.
If using a gold standard, how does the economy adjust for dislocations of capital, and currency flight? Also, does a gold standard negate monetary policy as a tool vs. a weapon?
For Gold Standard as for now, it is all suggestion. how the countries like Russia, China and religional body like ASEAN wish it work. We have to wait and see. May be they modified the gold-standard of 19th century to adjust to their requirements and needs that serve in this century.
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