Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The Hot Button Questions:- Money, Banks, & the Economy -- Ignore unavailable to you. Want to Upgrade?

To: Chispas who wrote (327)	8/16/2003 8:17:29 PM
From: Chispas	Respond to of 1417

Alex Wallenwein... ---------------------------------------------------------- Snip... "Assume for a moment that you are "the Euro-Zone," and you want to establish your brand new designer-currency as the new model for currencies the world over, and eventually create enough depth and width to qualify for the status of a world trading medium, especially one that is fit to replace the dollar. So here you are: you just barely came out of the starter-box with your currency launch. The computer blip and accounting part of it was successfully launched, but you don't even have hard cold cash circulating yet. It is 1999. Are you going to go "toe to toe" with the US, the economic giant of all ages, while it is at the height of an almost twenty-year boom, with the most powerful military force to back it up that has ever existed in the history of mankind? I don't think so. If your goal is to eventually supplant the "almighty dollar," you are going to go real nice and slow, and accommodate the dollar faction at every turn possible, so as not to offend the elephant you are sharing your bed with, and keep him from turning over suddenly, burying you and all that is yours." Alex Wallenwein gold-eagle.com