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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: bart13 who wrote (87124)9/30/2007 7:39:32 PM
From: stan_hughes  Read Replies (1) | Respond to of 110194
 
As in the Cuban Convertible Peso system? Holy Carumba, seeing that happen in the US would be one for the history books



To: bart13 who wrote (87124)10/1/2007 12:15:57 AM
From: RJA_  Read Replies (1) | Respond to of 110194
 
>>Harry Schulz has been talking about a dual currency - one only good in the US and one for only external uses. It could be a way of preventing and controlling that repatriation.

Good god, what a mess that would be.

I suppose you would have to apply to the government to travel?

This would do wonders for business.

And all this while the Chinese currency becomes tradable.

That would NOT be good.



To: bart13 who wrote (87124)10/1/2007 6:08:30 AM
From: Real Man  Respond to of 110194
 
Argh, Russia tried that for a while in the late 80-s, and that
ended with nothing at all in the stores. You could come into
a store and see a salesman there.... selling nothing. Surreal.
So it had to let the ruble float in the 90-s.... with 4
zeroes on top -g-