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-   -   What will be the next reserve currency? (https://www.subsim.com/radioroom/showthread.php?t=143671)

Letum 10-27-08 03:13 PM

What will be the next reserve currency?
 
Few doubt the dollar is on the way out in the next few decades, but what will replace it?
Let lose your wild speculation! :D

Jimbuna 10-27-08 03:17 PM

I voted 'Other' but how about the Peso :lol:

Skybird 10-27-08 03:24 PM

In the long run: Euro AND Rembinmi.

But eventually i could imagine a rennaissance of plenty of local currencies as well. That is when china and the EU hit the upper limit of economical growth, and start to stagnate on a high level, while ressources become rare.

Hylander_1314 10-27-08 03:37 PM

This is what the American people should be using for money http://www.bulliondirect.com/catalog...FQQCagodX302xw not any sort of fiat currency, or "notes".

Letum 10-27-08 03:38 PM

I wonder how much the US will go in trying to keep the dollar strong at the
expense of US export industries in order to keep the dollar as a popular reserve.

It doesn't seam to be doing all that much atm.

Tchocky 10-27-08 03:44 PM

Don't see the Chinese currency gaining much ground. For all we hear about China's economic power, much of that activity is as a throughput house for Western countries.

Raptor1 10-27-08 03:46 PM

Mark der DDR, ja

Letum 10-27-08 03:48 PM

Quote:

Originally Posted by Tchocky
Don't see the Chinese currency gaining much ground. For all we hear about China's economic power, much of that activity is as a throughput house for Western countries.

Don't forget that was what the US was like before it over took the pound. All
industry, raw materials and ship building.

JHuschke 10-27-08 03:55 PM

The Euro! Or..I aint telling you..

Letum 10-27-08 04:09 PM

Quote:

Originally Posted by Mikhayl
It would be interesting if OPEC switches to €.

It won't just be French warships at America's door demanding gold if that happens
before the euro overtakes the dollar as a reserve!

August 10-27-08 05:22 PM

Quote:

Originally Posted by Letum
Quote:

Originally Posted by Mikhayl
It would be interesting if OPEC switches to €.

It won't just be French warships at America's door demanding gold if that happens
before the euro overtakes the dollar as a reserve!

Dunno about gold but we have plenty of lead and depleted uranium we'd be happy to give those warships instead...

bookworm_020 10-27-08 07:15 PM

Well it won't be the Australian dollar!:-? AKA Pacific Peso:damn:

baggygreen 10-27-08 07:43 PM

Quote:

Originally Posted by bookworm_020
Well it won't be the Australian dollar!:-? AKA Pacific Peso:damn:

Could be worse mate, we could have the kiwi dollar!:yep:

baggygreen 10-27-08 07:44 PM

Quote:

Originally Posted by bookworm_020
Well it won't be the Australian dollar!:-? AKA Pacific Peso:damn:

Could be worse mate, we could have the kiwi dollar!:yep:

Onkel Neal 10-27-08 08:22 PM

The dollar. The US economy may be going through problems now but in the end, the US will come through stronger than ever.


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