Fiat currency - is it doomed to failure? Fiat currency - is it doomed to failure? - Page 2
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  1. #11

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    All this from the guy that can't use a PC
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  2. #12

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    More of the usual Magic Beans promotion.

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    Quote Originally Posted by BR14 View Post
    More of the usual Magic Beans promotion.

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    Is ScooterScot Baroness Mone of Mayfair OBE's secret lover?
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    Quote Originally Posted by scooterscot View Post
    I'm not so sure. I think the US dollar will divide into various forms of US dollar between the states. Like New York state dollar, Californian dollar etc. But only four or five states, the rest will be stuck with a deprecating original dollar.
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    Quote Originally Posted by fullyautomatix View Post
    Is ScooterScot Baroness Mone of Mayfair OBE's secret lover?
    Nah that's Mich! He would.

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  7. #17

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    Quote Originally Posted by LondonManc View Post
    The US will prevent any other currency becoming strong enough to challenge it as the global currency, until something is good enough and trusted enough to become a gold-backed currency. Which means the USD is safe for a long time to come yet. Sorry scoots.
    EUR is the second reserve currency now, there is no place for 3rd which is why Sterling needs to go, this will happen as a condition of re-joining EU - moronic Brexiteers will be responsible for that

  8. #18

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    FIAT currency is borrowing from the future. At some point the future will want it back.

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    Quote Originally Posted by scooterscot View Post
    I'm not so sure. I think the US dollar will divide into various forms of US dollar between the states. Like New York state dollar, Californian dollar etc. But only four or five states, the rest will be stuck with a deprecating original dollar.
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  10. #20

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    Quote Originally Posted by AtW View Post
    EUR is the second reserve currency now, there is no place for 3rd which is why Sterling needs to go, this will happen as a condition of re-joining EU - moronic Brexiteers will be responsible for that


    The Euro isn't strong enough to be a reserve anything.
    The greatest trick the devil ever pulled was convincing the world that he didn't exist

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