What will be the next reserve currency? - Page 3

claybirdd · 10-28-08, 10:21 PM

GOLD standard

August · 10-28-08, 10:50 PM

We're getting to the point of needing a common world currency I think.

baggygreen · 10-29-08, 12:03 AM

Quote:

Originally Posted by August

We're getting to the point of needing a common world currency I think.

I hope not, not any time soon at least - Way too much difficulty in implementing it even if it were necessary.

For example - how do you merge prices in Zimbabwe and prices in Europe?

Hylander_1314 · 10-29-08, 02:13 AM

Quote:

Originally Posted by Digital_Trucker

Quote:

Originally Posted by jimbuna

How about the 'IOU' :hmm:

Hell, that's my standard note now:rotfl:

Yep. There isn't any value behind the dollar now. Tis but a promisary note. Last year it took 21.60 to purchase what 1.00 dollar puchased in 1913. The year the Federal Reserve became enacted. But that dollar was backed by silver. I was just reading an article, that the U.S. Mint has suspended sales of the 50 dollar Buffalo gold piece, due to the demands with many investors buying them faster than they could make them.

MothBalls · 10-29-08, 11:19 AM

Hylander_1314 · 10-30-08, 06:33 AM

This is a good one to listen to, so what would be the best money for America?

http://video.google.com/videoplay?do...11570371055528

View Poll Results: Well? What?
The Euro	11	27.50%
Renminbi (China)	4	10.00%
The dollor will be kept strong	9	22.50%
Other	8	20.00%
I'm not telling you	8	20.00%
Voters: 40. You may not vote on this poll

10-28-08, 10:50 PM	#32
August Wayfaring Stranger Join Date: Apr 2005 Location: Massachusetts Posts: 23,199 Downloads: 0 Uploads: 0	We're getting to the point of needing a common world currency I think. __________________ Flanked by life and the funeral pyre. Putting on a show for you to see.

10-30-08, 06:33 AM	#36
Hylander_1314 Sea Lord Join Date: May 2006 Location: 5 Miles Inland West Of Lake Huron Posts: 1,936 Downloads: 139 Uploads: 0	This is a good one to listen to, so what would be the best money for America? http://video.google.com/videoplay?do...11570371055528 __________________ A legislative act contrary to the Constitution is not law. -John Marshall Chief Justice of the Supreme Court ---------------------

10-28-08, 10:21 PM	#31
claybirdd Frogman Join Date: Oct 2007 Location: Pulaski Tennessee Posts: 290 Downloads: 32 Uploads: 0	GOLD standard

10-29-08, 11:19 AM	#35
MothBalls Ace of the Deep Join Date: Aug 2006 Posts: 1,012 Downloads: 20 Uploads: 0