What will be the next reserve currency?

Letum · 10-27-08, 03:13 PM

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

Jimbuna · 10-27-08, 03:17 PM

I voted 'Other' but how about the Peso

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

baggygreen · 10-27-08, 07:43 PM

Quote:

Originally Posted by bookworm_020

Well it won't be the Australian dollar!

AKA Pacific Peso

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

baggygreen · 10-27-08, 07:44 PM

Quote:

Originally Posted by bookworm_020

Well it won't be the Australian dollar!

AKA Pacific Peso

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

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.

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

10-27-08, 03:13 PM	#1
Letum Navy Seal Join Date: Feb 2005 Location: York - UK Posts: 6,079 Downloads: 43 Uploads: 0	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! __________________

10-27-08, 03:17 PM	#2
Jimbuna Chief of the Boat Join Date: Feb 2006 Location: 250 metres below the surface Posts: 190,445 Downloads: 63 Uploads: 13	I voted 'Other' but how about the Peso __________________ Wise men speak because they have something to say; Fools because they have to say something. Oh my God, not again!!

10-27-08, 03:24 PM	#3
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,602 Downloads: 10 Uploads: 0	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. __________________ If you feel nuts, consult an expert.

10-27-08, 03:37 PM	#4
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 what the American people should be using for money http://www.bulliondirect.com/catalog...FQQCagodX302xw not any sort of fiat currency, or "notes". __________________ A legislative act contrary to the Constitution is not law. -John Marshall Chief Justice of the Supreme Court ---------------------

10-27-08, 03:38 PM	#5
Letum Navy Seal Join Date: Feb 2005 Location: York - UK Posts: 6,079 Downloads: 43 Uploads: 0	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. __________________

10-27-08, 03:44 PM	#6
Tchocky Navy Seal Join Date: Jul 2004 Posts: 5,874 Downloads: 6 Uploads: 0	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. __________________ [SIGPIC][/SIGPIC]

10-27-08, 03:46 PM	#7
Raptor1 Navy Seal Join Date: Jul 2007 Location: Stavka Posts: 8,211 Downloads: 13 Uploads: 0	Mark der DDR, ja __________________ Current Eastern Front status: Probable Victory

10-27-08, 03:55 PM	#9
JHuschke XO Join Date: May 2008 Location: Munich, Germany Posts: 432 Downloads: 32 Uploads: 0	The Euro! Or..I aint telling you..

10-27-08, 07:15 PM	#12
bookworm_020 Navy Seal Join Date: Aug 2005 Location: Sinking ships off the Australian coast Posts: 5,966 Downloads: 1 Uploads: 0	Well it won't be the Australian dollar! AKA Pacific Peso __________________ "There is always one person in any organization who knows whats going on, That person must be fired"

10-27-08, 08:22 PM	#15
Onkel Neal Born to Run Silent Join Date: Jan 1997 Location: Cougar Trap, Texas Posts: 21,383 Downloads: 541 Uploads: 224	The dollar. The US economy may be going through problems now but in the end, the US will come through stronger than ever. __________________ SUBSIM - 26 Years on the Web