Subject: RE: Demise of the dollar? Pector55 - 2009-10-08 8:45 PM Indiana_Geoff - 2009-10-07 4:58 PM It won't work. Who would trust a new currency unless they controlled it? Who would trust a currency controlled by Oil Shieks, Russia and China? Are you being serious? So what makes you think anyone should trust the U.S.? It would be controlled by the IMF anyway. History. Over a hundred years of open currency trading, zero chance of being invaded and defeated, zero chance of a crippling internal revolution, paying the payments without fail, not over inflating the currency, a large enough economy that trading in our currency won't overwhelm it, steady economic growth, large store of physical value (land, resources, physical assets ), and our currency just looks kewl (ok, that's not true ). |