Central bank buys EUR 100mn to stabilize exchange rate

Buying and selling Dinars is one way of controlling its value (its exchange rate) but something the Serbian government should be involved in. All currencies are manipulated by western banksters. If the British government couldn’t stop Soros attacking the pound, then what hope has Serbia?

The Dinar value (its exchange rate) should be fixed by the Serbian government and ‘Short Selling’ should be made illegal. Serbian banks, including those owned by westerners, should lose their banking licenses if found to have used their credit creation powers to attack the Dinar.

Serbia should fix the value of the Dinar to a basket of goods, to include food and drink, electricity and fuel prices, steel and other raw materials. The value of this basket should be calculated for each country in which Serbia trades. So that if the basket costs 1 million Dinars in Serbia and £10,000 in the UK, the Dinar/£ exchange rate would be 100 din/£1. This means that someone in Serbia with 1 million dinars could buy this basket of goods in Serbia or swap these Dinars for British pounds and buy exactly the same basket in the UK. If Serbian inflation increased so that this basket cost 2 million dinars, then the new exchange rate would be 200 din/£1 (assuming there was no UK inflation). This system automatically adjusts exchange rates based on the value of a basket of goods. The current system allows banksters to play with national currencies and destroy people’s savings and purchasing power.

Buying and selling Dinars is one way of controlling its value (its exchange rate) but something the Serbian government should be involved in. All currencies are manipulated by western banksters. If the British government couldn’t stop Soros attacking the pound, then what hope has Serbia?

The Dinar value (its exchange rate) should be fixed by the Serbian government and ‘Short Selling’ should be made illegal. Serbian banks, including those owned by westerners, should lose their banking licenses if found to have used their credit creation powers to attack the Dinar.

Serbia should fix the value of the Dinar to a basket of goods, to include food and drink, electricity and fuel prices, steel and other raw materials. The value of this basket should be calculated for each country in which Serbia trades. So that if the basket costs 1 million Dinars in Serbia and £10,000 in the UK, the Dinar/£ exchange rate would be 100 din/£1. This means that someone in Serbia with 1 million dinars could buy this basket of goods in Serbia or swap these Dinars for British pounds and buy exactly the same basket in the UK. If Serbian inflation increased so that this basket cost 2 million dinars, then the new exchange rate would be 200 din/£1 (assuming there was no UK inflation). This system automatically adjusts exchange rates based on the value of a basket of goods. The current system allows banksters to play with national currencies and destroy people’s savings and purchasing power.