Posted on 03/25/2012 2:22:42 PM PDT by DeaconBenjamin
So the world suddenly discovers that the largest economy the earth has ever known with vast reserves of nearly every natural resource known to mankind has a currency that is worthless?
Idiocy, sheer idiocy. Do you really think there’s another currency that can replace the US dollar? You’d trust the Chinese communist Yuan over a US dollar? Utterly absurd, FRiend. Think a bit.
Either you're a currency trader shorting the dollar and playing his book or you don't know what you're talking about.
Yeah, I realized I made a mistake. I should have said that the USD remaining strong despite massive printing is due to artificial reasons. The way I worded it, it ended up appearing that I meant the USD is a weak currency (and by extension the US economy is weak) under all circumstances.
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