Cempaka Business and Economy: BI ready to join Asian nations to avoid ‘currency war’

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Saturday, October 23, 2010

BI ready to join Asian nations to avoid ‘currency war’

The Jakarta Post | Sat, 10/23/2010 11:33 AM

As currencies of Asian emerging markets have risen due to surging capital inflows, Bank Indonesia (BI) has agreed with international observers who suggested Friday that the region should get together to avoid a “currency war”.

BI Deputy Governor Halim Alamsyah said that Indonesia, as well as other emerging markets, needed to work in harmony in pushing forward efforts to avoid a currency war.

“We don’t want a currency war to happen, it’s not going to benefit any country,” Halim said on the sidelines of a seminar on the macroeconomy and financial policies organized by BI at Hotel Mulia in Jakarta.

International observers from the International Monetary Fund (IMF), Asian Development Bank (ADB) and Bank of Thailand addressed the importance of policy coordination among Asian nations as the favorite destination of global investors.

“The currency war could be tackled if countries cooperate, and therefore coordination is needed,” said Iwan J. Azis, an ADB economist.

Iwan added that China’s reluctance to let the yuan appreciate was one thing that the region could work on in order to maintain each country’s competitiveness. If China strengthens its currency, Iwan explained, then its exports would lose competitiveness compared to Indonesia, Thailand and Vietnam, which exported similar products.

“China would want to let the yuan appreciate if other countries did so too. Nations can conduct talks and discuss the issue. This is the kind of coordination I was talking about.”

China has been preventing the appreciation of the yuan in order to maintain the competitiveness of its exported products in the global market.

Advanced economies, primarily the US, have viewed this policy as unfair, as China’s economy has expanded significantly enough — 9.6 percent in the third quarter of this year — for the country to be able to tackle currency appreciation.

The term “currency war”, according to economists, refers primarily to the two countries, the US and China, but has been widened by some to include emerging markets versus the advanced economies as far as currency values are concerned.

Currencies of emerging markets in Asia have appreciated, with the Malaysian ringgit rising about 11 percent and the Thai baht about 10 percent so far this year.

In Indonesia, the rupiah has appreciated by about 5 percent, also due to heavy inflows of foreign funds.

Foreign investors have pumped over US$12 billion into the nation’s stock and debt markets, while the foreign exchange reserves at the central bank reached $86.5 billion by the end of September, compared to $50.6 billion at the end of December 2009.

BI Deputy Governor Halim said the central bank had curbed the rupiah from appreciating too fast to maintain competitiveness. Unlike other currencies, he said, the rupiah had been appreciating moderately, thanks to BI’s efforts to restrain it from strengthening too fast.

“We did, let’s say, intervene so the rupiah does not appreciate too strongly,” he said, without providing details on concrete actions and the timeframe of the intervention. However, local economists believe the central bank has been buying dollars to keep the rupiah steady. (est)

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Saturday, October 23, 2010

BI ready to join Asian nations to avoid ‘currency war’

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