The 70's were a cake walk compared to what's coming our way. What can obama really do? How about if he and Geitner and Bernanke debase our currency to the point where it's replaced as the world's reserve currency? If that happens we'll wish we were as lucky as the folks in Greece. And BTW...Geitner told the world on Friday that the admininstration is 'open' to looking a replacement for the dollar as the world's reserve currency.
Total nonsense. You can believe that all you want but you are going to be very disappointed. And if we get a world currency than what? We just pay things with another currency. Obviously you would have killed yourself if you had to use the Euro when they changed had you lived in France, Italy or one of the other countries. So what’s it going to be? What currency? A new one? Euro, dollar, yen, pound all going to be replaced to one currency. lol.