Quote:
Originally Posted by burkhartdesu
Hopefully the whole World will abandon the U.S. dollar -- considering its created out of thin air anyway. We need to start backing our money with something real...
Like Gold, perhaps?
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Not enough Gold in the world for that, plus the US used to back with gold, then with silver.
So you guys are all saying that the world should flip the US the bird and, what, not do business? Not play ball? Not a one industrialized country can afford to not have business relations with the US at this juncture, soooo... think about that.
Plus, if I'm correct in my understanding of your propositions, you're saying that if the world community turns its back on the US and its currency, the world will be better off? Plus, if that happens, there's a good chance the US economy will utterly implode. Are you saying that such an arrogant stance is worth destroying the lives of millions upon millions of people who've done you, nor anyone else, no wrong?
Give me a break.
PS: How does a country "ditch" an entire currency? How does that even make sense? Plug your ears and go "lalalala dollar doesn't exist!"?