"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.) -

“ … 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.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)
.

The headquarters of the Corruption Eradication Commission (KPK) in 
Jakarta. (BeritaSatu Photo)
"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. …

Friday, March 27, 2009

Dependence On Greenback Source Of Indonesia's Vulnerability

Bernama, March 27, 2009 11:03 AM

JAKARTA, March 27 (Bernama) -- The world's dependence on the greenback to conduct international transactions is now seen by some bankers not only as a basic factor contributing to the global financial crisis but also as a source of Indonesia's economic vulnerability, Indonesia's Antara news agency reported Friday.

"The dependence of many countries including Indonesia on the US dollar to make all kinds of international transactions is actually one of the sources of our economic vulnerability," Indonesia's Central Bank Governor Budiono said here recently.

However, according to him, it was difficult for many countries to end their dependence on the greenback in the foreseeable future.

"I think not many countries are able to free themselves from the domination of the US dollar in international transactions," he said.

In Boediono's view, the sources of vulnerability to be faced by remaining dependent on the use of the US dollar is firstly marked by the country's reliance on high US dollar liquidity against the domestic economy or, in other words, the liquidity is restricted by the US economy.

"The amount of available liquidity to make economic transactions depends on the US domestic economy. If that country is reluctant to provide such relaxing liquidity, it will certainly affect the currency of countries fully depending on the greenback often sucked in by the US government under the current circumstances," he said.

Secondly, the dependence will make the exchange rate unstable following the existing sharp depreciation of the currency as a result of economic crisis.

There is a worry in the future that the US dollar will record a sharp decrease following much dollar bailed out by the US government to recover from the ongoing economic crisis.

"The exchange rate of greenback which cannot be predicted in addition to unstable liquidity is also deemed as the cause of vulnerability," Budiono said.

He further said that many developing countries had fallen victims of the greenback's depreciation.

In fact, they never made anything wrong with their economy, but at a sudden there economy deteriorate as a result of unstable condition of greenback like at present time.

In response to this condition, Yuliashar, a high ranking official at BCA bank, said the establishment of the world currency was needed to internationally overcome the constraints being faced.

For example, bilateral trade will no longer affected by the condition of the domestic economy of the United States which tends to create instability to exchange rate.

In addition to the establishment of international currency like special drawing rights (SDR), which could be used for international trade transaction, he also expressed the need to diversify the use of other currency instead of the greenback for international transaction.

Yuliashar further stressed that bilateral swap agreement between Indonesia and China's central bank that was signed on Monday was of many steps that could be taken by Indonesia to reduce this overall dependency on greenback.

"It is dangerous for the world to rely on one or two national currencies to serve global transactions," he said, adding, "With the bilateral swap transaction, settlement between two countries can be directly done without having to convert to US dollars first, thus it can decrease dollar dependency."

According to Yuliashar, the outbreak of the crisis and its spillover to the entire world reflected the inherent vulnerabilities and systemic risks in the existing international monetary system.

Again Boediono reiterated that the current US economic crisis was negatively affecting global liquidity.

"Problems arise when the deleveraging process in the US sucks in and dries up liquidity, hampering trade and investment in other countries," he said.

During his visit to China, both Boediono and his Chinese counterpart Zhou suggested using the IMF's Special Drawing Rights, or SDR, as a super-sovereign reserve currency.

The IMF created the SDR in 1969 as an international reserve asset, but its use is limited.

"However, the problem we have is convincing all countries to accept the SDR as an international currency," Boediono said, adding, "It will take time. Another way is endorsing more national currencies to be used as global currencies."

The central bank governor said it appeared that China was gradually positioning the yuan as an acceptable alternative international currency to the dollar.

He noted that China has also signed swap deals with Malaysia for 80 billion yuan, North Korea for 180 billion yuan, and Hong Kong for 200 billion yuan and even Belarus for 20 billion yuan.

Boediono said China's swap agreement with Indonesia could help decrease dollar demand for imported goods and investment.

He also said trade between the two countries continued to increase, noting that in 2008 total non-oil and gas exports to China totalled $7.77 billion, while imports topped $14.99 billion.

"Based on these amounts, if traders use the swap facility, then US dollar demand will decline significantly," Boediono said, adding, "We already met with traders from China and they are very exited about the agreement."

Currently, Bank Indonesia and the People's Bank of China are drafting regulations for traders who want to use the swap facility. The central bank is also seeking to sign swap agreements with other nations with which Indonesia trades.

At present, Indonesia's foreign exchanges reserves stand at about $53 billion, down from $60.56 billion in July 2008. The reserve is used for money market intervention to stabilize the rupiah, paying for imports and foreign loans.

-- BERNAMA

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