Quote:
Originally Posted by Kapitain
Quote:
I will say that it is highly unlikely that we will find the US to be a third world nation in 50 years, where stacks of worthless dollars will be needed to purchase a loaf of bread
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NO WRONG STOP!
I NEVER SAID THAT AT ALL PERIOD.
what i said was the value of currency will go down now i dont think that in 50 years america will be 3rd world in fact i dont think that in 300 years america will be 3rd world but the currency wont be as strong.
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What all of this boils down to is the question as to whether or not the dollar can maintain its near-universality. The answer, and here I agree with Kapitain, probably not.
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