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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (36506)7/2/2008 9:50:59 PM
From: carranza2  Respond to of 218870
 
I know.

A very big reason why the stealth devaluation the dollar is undergoing is not sitting well in a lot of places.



To: energyplay who wrote (36506)7/2/2008 10:08:35 PM
From: Rolla Coasta  Respond to of 218870
 
How will be blamed ?
youtube.com



To: energyplay who wrote (36506)7/3/2008 9:42:59 AM
From: elmatador  Respond to of 218870
 
How the new Reserve currencies will be created. Instead of doing a backroom deal and create a cartel of currencies -to the detriment of the rest of the world- as Bretton Woods was, here is how the new reserve currencies (yes in the plural) arise.

You back your currencies with an anchor of a store of real value. The bigger the store of real value, the less volatile the currencies will be.

In 7 years:

USD (perhaps with Mexico and Canada bundled in)
€ (perhaps with Russian regional)
RMB
GCC
Russia Regional (perhaps with €)
Brazilian Real (option with LATAM regional)

A few will be stand alone: Sing dollar, SEK, NOK, UK