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  1. #1
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    Default How much will the collapse of the dollar drag down others?

    Discuss! - and if you think that it cannot happen, prepare to be educated

  2. #2
    Cat Wench ReadingRainbows's Avatar
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    Quote Originally Posted by Tantive View Post
    Discuss! - and if you think that it cannot happen, prepare to be educated
    I just know that my 50 cent box of jello will then be 5 or more dollars.
    Quote Originally Posted by EffEmDoubleyou View Post
    St. Stephen took rocks and St. Sebastian took arrows. You only have to take some jerks on an internet forum. Nut up.

  3. #3
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    Anyone who had played or plays CIV 3 will know what I am talking about.
    If your CIV is a democracy and at war for too long .. it starts to suffer from something called "War Weariness". Eventually your economy starts to suffer, production drops, people become discontent and civil unrest starts to increase. Your economy then collapses..

    It might be time to stop fighting pointless wars ..and start spending that money at home.

  4. #4
    Feelin' FiNe speculative's Avatar
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    Quote Originally Posted by Rainbows View Post
    I just know that my 50 cent box of jello will then be 5 or more dollars.
    I have some stuff that I was going to Ebay, but I just know if I Ebay it that we will then hit 20% inflation and I'll wish I wouldn't have sold it just yet.

    [Firant]Although, I wouldn't worry at all about the collapse of the dollar "dragging down" others, as this is all part of the well-orchestrated plan to move us to a global currency. I'm just curious to see who wins: the socialists, the international banking cartel. Or, perhaps the international banking cartel will successfully co-opt the socialists? It's no coincidence that they are aiming at Greece; since it's the birthplace of democracy that would be a symbolic/ironic victory...[/Firant]
    "How can I be, all I want to be,
    When all I want to do is strip away these stilled constraints
    And crush this charade, shred this sad, masquerade"
    http://www.youtube.com/watch?v=qGeq5v7L3WM

  5. #5
    & Badger, Ratty and Toad Mole's Avatar
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    The USA dollar is the Reserve Currency.

    Quote Originally Posted by Tantive View Post
    Discuss! - and if you think that it cannot happen, prepare to be educated
    The collapse of the USA dollar will not drag the Aussie dollar down because we have a floating exchange rate.

    However the USA dollar cannot collapse because it it the Reserve Currency of the World.

    Yes, the USA owns, controls and prints the Reserve Currency of the World. So the USA cannot go broke even though the rest of us can.

    Also there is no viable alternative to the USA dollar as the Reserve Currency. And this suits almost all of us.

  6. #6
    veteran attention whore Jeffster's Avatar
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    I collapse all the dollars that I put in my wallet, and it doesn't seem to drag anybody down.
    Jeffster Illustrates the Artisan Temperament <---- click here

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  7. #7
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    They're moving away from the dollar as reserve currency, and looking in other foreign investments, or precious metals like gold and silver. If China lets the value of the Yuan rise to its appropriate worth, that could actually become the new reserve currency. China has but to stop lending money to the US, and it implodes...which they are looking at since the US can't make good on their debt

  8. #8
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    Quote Originally Posted by No Exit View Post
    It might be time to stop fighting pointless wars ..and start spending that money at home.
    I mostly agree, but I would change the fighting to starting and/or getting involved in. Sometimes the best decision after a fuck up isn't the same as the best decision before a fuck up. But then, some problems could have been stopped by sooner action.
    "You will always be fond of me. I represent to you all the sins you never had the courage to commit."

    Reason is, and ought only to be the slave of the passions, and can never pretend to any other office
    than to serve and obey them. - David Hume

  9. #9
    & Badger, Ratty and Toad Mole's Avatar
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    Invisible Power

    Quote Originally Posted by Tantive View Post
    They're moving away from the dollar as reserve currency, and looking in other foreign investments, or precious metals like gold and silver. If China lets the value of the Yuan rise to its appropriate worth, that could actually become the new reserve currency. China has but to stop lending money to the US, and it implodes...which they are looking at since the US can't make good on their debt
    The Governor of the Reserve Bank of China has called for replacement of the US dollar as the Reserve Currency of the world. However the world has made it plain they are happy with the US dollar.

    And frankly the US would not give up the US dollar as the Reserve Currency without a fight.

    So it is quite certain the US dollar will remain the Reserve Currency into the future.

    And this of course is the aim of the Reserve Bank of any mercantile country - to own, control and print the Reserve Currency of the world.

    This is because such ownership confers immense, invisible power.

  10. #10
    Don't Judge Me! Haphazard's Avatar
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    Tantive, I find your trend of starting alarmist threads... becoming quickly not alarming.
    -Carefully taking sips from the Fire Hose of Knowledge

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