To: STD
...moving one-tenth of its dollar reserves to the euro...
Yeah, supposedly the way to effectively destroy America is by making the Euro king instead of the dollar.
I guess we'll all find out how this affects things if it happens.
To: philman_36
Yeah, supposedly the way to effectively destroy America is by making the Euro king instead of the dollar. Taking money from a productive society and throwing it into a minimally productive society? Businessmen wouldn't do that, pro-terrorist would though.
I think they should take the UN approach. Rant, rave, pretend to pull out their hair until the US fixes things a couple decades later.
18 posted on
03/20/2006 10:03:26 PM PST by
lizma
To: philman_36
I'm no economist so I don't begin to understand. But wouldn't putting our currency back on the gold standard and coining our money in gold and silver (like it should be) negate the effect of these countries "pulling their money"? Wish I understood more about how this stuff works.
62 posted on
03/21/2006 5:39:03 AM PST by
Leatherneck_MT
(An honest man can feel no pleasure in the exercise of power over his fellow citizens.)
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