Still the best-worst currency in the world. I'm still accepting dollars.
Still the best-worst currency in the world. I'm still accepting dollars.
I love how people become so enamored with fiat. Every currency on the planet is just a bunch of 1's and 0's on a server somewhere. It really is going to be sad when this whole system blows up. People who have saved for lifetimes will see huge portions of their hard work evaporate over night. Best advice would be to hold gold&silver/essential commodities/real estate/nuclear meltdown consumer staple stocks.
You mean their trade agreements will be finalized as todays agreements cease to exist or they'll sign a new agreements within the block?I want to see what 2015-16 brings, once the BRICS block trade agreements are finalized we may see how investors react. Will a flight happen in that time frame or just before is what I'm interested in.
Ivana.
Anybody who's dissatisfied with dollars, please, give them to me!
Or me. If you think they are worth nothing- that is what I am willing to offer you for them.Originally Posted by DFF
Freedom is a state of mind. Nobody can take that from you unless you let them.
I had a pretty long running thread on this going a few years ago.
Destruction of the US dollar
http://www.ronpaulforums.com/showthr...ht=destruction
"Let it not be said that we did nothing." - Ron Paul
"Always give your best, never get discouraged, never be petty; always remember, others may hate you, but those who hate you don't win unless you hate them, and then you destroy yourself. " - Nixon
Why most RPF members are against the US involvement with Israel explained by Mini-Me:
http://www.ronpaulforums.com/showthread.php?t=218093
No anti-semitism, just logic.
Visiting the Outer Banks of NC?
Outer Banks Fishing Boat Rentals
From today, Bosnia and Herzegovina are doing direct trade with China.
What is the significance of this? Did they cease using dollars for trade recently? Elaborate please.
"Let it not be said that we did nothing." - Ron Paul
"Always give your best, never get discouraged, never be petty; always remember, others may hate you, but those who hate you don't win unless you hate them, and then you destroy yourself. " - Nixon
Why most RPF members are against the US involvement with Israel explained by Mini-Me:
http://www.ronpaulforums.com/showthread.php?t=218093
No anti-semitism, just logic.
Visiting the Outer Banks of NC?
Outer Banks Fishing Boat Rentals
People were accepting hyper-inflating Weimar Deutschmarks too - getting paid three times a day so they could run to the store and spend them before they lost too much value. Even during the obvious freefall in value people were still accepting them. So the fact that a currency is still being accepted says very little about whether or not it is a good place to store wealth or whether or not it will still be accepted a year from now. At this point it says more about the tremendous power of habit and the economic momentum of the nation that was once the home of liberty.
The proper concern of society is the preservation of individual freedom; the proper concern of the individual is the harmony of society.
"Who would be free, themselves must strike the blow." - Byron
"Who overcomes by force, hath overcome but half his foe." - Milton
Yes, they are using now their own currencies for trade and invesments.
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