The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: GST who wrote (9912)	8/6/2008 12:28:56 PM
From: westpacific	Read Replies (1) of 71456

What if US has an Oil Reserve greater than what S. Arabia once held? What then is the value of that dollar? Ask that question.... The players that run this game, are not as stupid as you think........ The value of any currency is backed up by what others need. Why is the Swiss and Japan currency worth anything, they possess nothing but fiat/credit assets? If you create a credit bubble, destroy it all - but in the process amass incredible dollar wealth....then make that dollar worth something, what do you have? Beyond incredible wealth! What you think is most likely wrong, what your told is most likely wrong, do we really know 'the truth'? Never assume 'you know the truth'. It is all, but a game, and the players, believe me, they know what they are doing! LOL West

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