SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : A Jackass, his PAL(indrome), and GOLD

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: philv who wrote (1108)4/2/2003 6:23:17 AM
From: smolejv@gmx.net  Read Replies (1) of 1210
 
A switch to the Euro... I dont see it coming. I see the eurasian tectonic plate gravitate towards euro, OK. But otherwise, any changes would be accompanied (or caused by) shifts in other visible attributes of US dominance.

The advantages gained by being the reserve currency is hard to quantify, but it is very considerable. The US is able to print trillions of dollars... I'd term that an opportunistic disease ("I sneeze, cause I got cold feet"). There's a lot of other advantages ("Gimme three, DJ! Trust, trust, and ... er ... petrodollars") before one quotes the printing press as an advantage. For whom? It's (nearly) a zero-sum game.

RegZ

dj

EDIT - nice grub;\
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext