The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Skeeter Bug who wrote (27449)	3/15/2010 8:48:20 AM
From: DebtBomb	Read Replies (1) of 71456

Folks have to remember, saddam had started selling oil in euros instead of dollars. Iran is on the same path. I do think....the hyper-inflationary model that some claim is coming....is overblown. First, the U.S. would have to be down-graded, then lose world reserve currency status, then the dollar could crash, IMO. Faber and Celente and others don't ever mention this kind of thing short term. I'm, not saying it won't happen later....but it's not happening now. And, I agree Skeet....it won't help banksters for their dollars to collapse. So....tell me....how does the next transfer of wealth go down?

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