re: Because the US Federal Reserve has printed money so that foreign countries can trade with it

Off Topic » in reply to Because the US Federal Reserve has printed money so that foreign countries can trade with it

Raoul — 5/26/2006 7:02:22 PM (archived)

If all those countries dump the US dollar in favor of the Euro, the US dollar will be devalued enormously.

Yes, and it looks like it's unfair...Something totally artificial keeping the economy to a high level will sooner or later burst...But let's hope there are safeguards.

The whole thread (13 posts)

US Invaded Iraq because they switched currency to Euros for sale of oil - SDF - 5/26/2006 3:03:55 AM
- It didn't hurt, that's for sure. - et - 5/27/2006 9:07:45 PM
- re: Can this justify a war? - Raoul - 5/26/2006 9:59:00 AM
  - Because the US Federal Reserve has printed money so that foreign countries can trade with it - SDF - 5/26/2006 10:55:33 AM
    - re: Because the US Federal Reserve has printed money so that foreign countries can trade with it - Raoul - 5/26/2006 7:02:22 PM
      - Safeguard #1 -- military action - SDF - 5/27/2006 2:32:14 PM
        
        Does an economic war use silver bullets? - podrock - 5/27/2006 7:48:38 PM
- The Iranian Oil Bourse (IOB) - SDF - 5/26/2006 4:07:42 AM
  - Wikipedia --- The Iranian Oil Bourse (IOB) - SDF - 5/26/2006 4:11:25 AM
    - If Iran halts enrichment, Bush says he'll consider incentives - SDF - 5/26/2006 5:03:51 AM
      - Russia and China increasing their holdings of Euros. - SDF - 5/26/2006 5:17:43 AM
        
        Russia aims to trade its oil in Rubles. - podrock - 5/26/2006 10:37:51 PM
        
        An altered state of reality................... - Publius - 5/27/2006 2:43:40 PM

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The whole thread (13 posts)