Is the reference currency of the world trade is U.S. dollars. How not, to this day remains America's most single country. Imports exports still dominate the world. Chinese shadows. In 2010 China successfully took Japan ranks as number 2. Estimated in the next decade, China will shift the United States. Though the Chinese currency Yuan had printed with a value of 6,000,000,000 yuan (6 billion Yuan!) In 1949, although only in one province, Xinjiang. This is the result of inflation is incalculable.
Inflation
U.S. dollar was not changed. Value continues to decrease. The American people can feel it from the comparison of the price of a hamburger. When in 1950, a jumbo-sized hamburger, worth $ 1, now the price is $ 5 - $ 6. House prices had already changed. About 60 years ago, a house in the middle-class Americans with a standard size, the price is still hundreds of thousands of U.S. dollars. Now no longer possible. Minimal is worth over a million dollars in America. Various financial crisis and economic crisis in America and the world is affecting the value of currency is Obama country.
Currencies of other countries
If dollars are changing, things are more experienced by the other key currencies. As well as China, Japan even when subjected to bombings at Nagasaki and Hiroshima, the Japanese Yen Yen never worth 75,000,000,000 (75 billion Yen). Much larger than the Chinese currency is only reached 6 billion Yuan. High-value currency is issued as a strategy to overcome the current economic situation. Now the Japanese Yen enough to compete with other strong currencies. Despite the decline in the value of Japanese exports to several countries, the yen remains strong.
Issued a number of strategies for the currency not only belong to China and Japan. Germany, Greece and Zimbabwe instead issued a denomination of 1 trillion (100,000,000,000,000 Mark 1 trillion Drachmai Germany and Greece). For the record, Zimbabwe still spend a large super value for its currency to the present. While for Germany and Greece, both now part using the Euro as agreed by the other European countries.
Self-Esteem
The value of currencies other than as an indicator of economic growth and successful progress of a nation's inflation pressure, is also a tribute to the nation. Try to compare it with a 1 dollar Singapore dollars. Seemed far away. How different levels of economic Indonesia and Singapore are included in five of the world with the highest income per capita in the world. If only the government accelerate the elimination of three dollars re-denominitation zero, then it will look somewhat balancing rupiash compared to the value of other currencies.
Improve Economy
The most powerful way to improve the image of the rupiah to improve the competitiveness of Indonesia in the eyes of the business world. The firmness of the government to remove illegal fees and gift certain incentives to some investors, especially in the field of geothermal exploration and other real sector. Also the rule of law so that Indonesia is not only flowded by short-term hot money but really a long term investment.
Inflation
U.S. dollar was not changed. Value continues to decrease. The American people can feel it from the comparison of the price of a hamburger. When in 1950, a jumbo-sized hamburger, worth $ 1, now the price is $ 5 - $ 6. House prices had already changed. About 60 years ago, a house in the middle-class Americans with a standard size, the price is still hundreds of thousands of U.S. dollars. Now no longer possible. Minimal is worth over a million dollars in America. Various financial crisis and economic crisis in America and the world is affecting the value of currency is Obama country.
Currencies of other countries
If dollars are changing, things are more experienced by the other key currencies. As well as China, Japan even when subjected to bombings at Nagasaki and Hiroshima, the Japanese Yen Yen never worth 75,000,000,000 (75 billion Yen). Much larger than the Chinese currency is only reached 6 billion Yuan. High-value currency is issued as a strategy to overcome the current economic situation. Now the Japanese Yen enough to compete with other strong currencies. Despite the decline in the value of Japanese exports to several countries, the yen remains strong.
Issued a number of strategies for the currency not only belong to China and Japan. Germany, Greece and Zimbabwe instead issued a denomination of 1 trillion (100,000,000,000,000 Mark 1 trillion Drachmai Germany and Greece). For the record, Zimbabwe still spend a large super value for its currency to the present. While for Germany and Greece, both now part using the Euro as agreed by the other European countries.
Self-Esteem
The value of currencies other than as an indicator of economic growth and successful progress of a nation's inflation pressure, is also a tribute to the nation. Try to compare it with a 1 dollar Singapore dollars. Seemed far away. How different levels of economic Indonesia and Singapore are included in five of the world with the highest income per capita in the world. If only the government accelerate the elimination of three dollars re-denominitation zero, then it will look somewhat balancing rupiash compared to the value of other currencies.
Improve Economy
The most powerful way to improve the image of the rupiah to improve the competitiveness of Indonesia in the eyes of the business world. The firmness of the government to remove illegal fees and gift certain incentives to some investors, especially in the field of geothermal exploration and other real sector. Also the rule of law so that Indonesia is not only flowded by short-term hot money but really a long term investment.
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