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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (8691)11/1/2002 10:14:00 AM
From: pogbull  Read Replies (2) | Respond to of 89467
 
[[Fed will survive, but the dollar will not (in current form)]]

Jim do you have any thoughts as to what the Fed may be up to with the new currency. This was in the news a while back but I haven't heard much about it lately. I am wondering how it fits into their plan and am not sharp enough to figure it out.

One for domestic one for international use?
Devalue one currency but not the other?
I can't imagine they would ever back one with gold.

Your thoughts would be appreciated.
JR