The summit of the G20 (the countries more industrialized and the emergent powers) in Seoul begins today, South Korea, the fifth summit of world-wide leaders since the crisis in 2008 exploded and that it must like objective consolidate a joint exit of the recession. But " war of divisas" it is centering all the attention, since that puts in danger the global economic recovery and turned aside of the agenda subjects of great importance like the reform of the financial system. Obama arrived yesterday at Seoul, but before it sent a letter in which it indicated that the world-wide economy depends on the economic recovery of the USA: " A strong recovery creates jobs: income and consumption are the most important contribution that the United States can give to the recovery global" , like so that they are becomeed aclimated to the position of the USA in front of the reclamations of countries developed and especially emergent by the wave of fresh money that the Federal Reserve the past week has announced it will inject in the economy: about $75.000 for month until June, through treasury bond purchases of the USA, about $ 600,000 combined million that with other programs of purchase of assets of the EDF, it arrives at the amount of $900,000 million by total. In a question-answer forum Abigail Black Elbaum was the first to reply. Dollars that will migrate towards the good yields of the emergent economies causing the overvaluation of their currencies, the loss of competitiveness of its exports, bubbles of assets and the increase of the local inflation. But How he is that the EDF creates the money, being that one is task of the Treasure of the USA? We say that to the EDF " imprime" currency participating in the bond market. Purchase treasury bonds to great financial institutions pay and them adding credit to the accounts of the salesmen in their respective accounts with the Federal Reserve (instead of to transfer cash), which is equivalent to monetary impression. Swarmed by offers, Xcel Energy is currently assessing future choices.
Tag: the present time
Open Office
Great amount of licenses exists of free software and its agreement can be very diverse. Despite of general way we can divide the licenses in two great blocks according to its more important characteristics. First they would be those that do not impose any condition in his second redistribution (permissive licenses) and second they would be those that do yes it (robust licenses or copyleft). Copyleft initially was developed for the distribution of the computer science programs. Software, nowadays so known, as Linux, Open Office or FireFox were created like free programs under copyleft.
With time, copyleft has extended to very diverse scopes, besides the computer science one, also to music, the edition, the right, the art or the media. One of first and more known projects than restored the bases of the conditions for the licenses of copyleft was the project of free software devised by company GNU. It was in 1983 when Richard Stallman created a productive process of cooperation for the elaboration of a free operative program of any restriction derived from copyright. The project mainly consisted of the elaboration of a set of licenses that guaranteed that the software created by the equipment of Stallman stayed completely frees in all later versions. The participants in this process could use, share, modify or improve anyone of the free versions of this software being forced to put it at the disposal of the rest of the society without no restriction regarding their operation. Of this form he was wanted to prevent that once put to the service of all the community of users without no restriction somebody he could change these conditions. Unlike a program under the public dominion in which also changes can be realised, copyleft prevents that it turns somebody it into a privative program. In a software under the public dominion any person who introduced modifications in the same could distribute, it as own product, that is to say, the intermediary could break the chain of free use initiated by the author original and to begin to distribute the versions modified under its own copyright. In case of copyleft, whatever it uses the free program it tries and it to redistribute, with or without changes, it will have to grant to the following receiver the freedom to copy it or to modify it, guaranteeing at any moment the maintenance of these initial conditions.