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To: Hawkmoon who wrote (107304)2/29/2008 1:21:34 PM
From: The WharfRespond to of 306849
 
When the US went off the gold standard and went to the floating exchange rate, the Special Drawing Right (SDR) became the defacto "gold standard". Since the SDR is a weighted average of the the leading global currencies, it sets the "foundation" for international determination of a currency's value.

First off the Euro is now in number one spot or the Yen.
What has that got to do with US labor value?
Is it we have no value for labor US people. That is my concern if you fill forms as has been done as of recent how can you maintain the value of US labor? Increase debt you must increase wagse to service debt by the method we all use which is some form of taxation.