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IWETHEY Home / IWETHEY Board / Regional/World Conflict Forum / What's it's ALL ABOUT
Post #97,886
by deSitter
Picture of deSitter
4/22/03 12:16:20 PM
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New What's it's ALL ABOUT
Dollar vs. Euro as global standard - not to mention Chinee money - what's that called? Luan? as Pacific Rim calibration.

The US loses everything when the US dollar is no longer the basic unit of value.

Needless to say, the current approach will simply hasten that fate.



-drl


Light is heavy:
R{} = (2R/W)T - (1/2W){D-2,D-2}W

Heavy is light:
(D-3)(RF[] + 5/4 g) = 0
Post #97,889
by inthane-chan
Picture of inthane-chan
4/22/03 12:23:14 PM
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New Yuan.
This is also a big issue wrt:the underworld economy, where the US $ is held because of the large denomination bills availible combined with the high valuation of the currency itself. Supposedly 30% of all availible US bills are in the hands of the grey+black market.

And some people are nervous they could transition to the Euro, due to the higher valuation bill (IIRC 1000 euro bill v.s. $500 bill is the top, but could be wrong - just know that there is a larger euro bill than $ bill) kicking the dollar out of it's place as compact and portable.

Talk about a double whammy...
After 9/11, Bush made two statements:
1. "Terrorists hate America because America is a land of freedom and opportunity."
2. "We intend to attack the root causes of terrorism."

Sounds like everything is going according to plan.
     Perfidious Albion (hurrah!) - (rcareaga) - (26) - April 22, 2003, 12:09:21 PM EDT
         What's it's ALL ABOUT - (deSitter) - (1) - April 22, 2003, 12:16:20 PM EDT
             Yuan. - (inthane-chan) - April 22, 2003, 12:23:14 PM EDT
         Did you notice who started the escape from dollar? - (Arkadiy) - (14) - April 22, 2003, 12:22:00 PM EDT
             Think Nixon, Gold Standard Abandonment, OPEC Crisis of '73 - (deSitter) - (12) - April 22, 2003, 12:25:23 PM EDT
                 Re: Think Nixon, Gold Standard Abandonment, OPEC Crisis of ' - (cybermace5) - (11) - April 22, 2003, 02:12:16 PM EDT
                     The cheerleader syndrome. - (Silverlock) - (1) - April 22, 2003, 02:31:55 PM EDT
                         We're number *zero!* -NT - (cybermace5) - April 23, 2003, 10:39:41 AM EDT
                     This just in - (rcareaga) - (8) - April 22, 2003, 02:33:59 PM EDT
                         LMAO... - (screamer) - (7) - April 23, 2003, 11:02:06 AM EDT
                             Re: LMAO... - (rcareaga) - (6) - April 23, 2003, 01:21:01 PM EDT
                                 At issue... - (bepatient) - (4) - April 23, 2003, 01:34:18 PM EDT
                                     Well.. maybe the latter. For a time. - (Ashton) - April 24, 2003, 04:17:11 AM EDT
                                     Re: At issue... - (rcareaga) - (2) - April 24, 2003, 08:43:18 AM EDT
                                         William Safire, of course, sez it's all - (rcareaga) - April 24, 2003, 08:52:07 AM EDT
                                         Re: At issue... - (bepatient) - April 24, 2003, 10:45:30 AM EDT
                                 Many points of agreement - (screamer) - April 24, 2003, 01:12:33 PM EDT
             A good read. Thanks. -NT - (Another Scott) - April 22, 2003, 12:57:02 PM EDT
         Perhaps that would be best - (boxley) - April 22, 2003, 03:15:55 PM EDT
         Ahhh.. Voodoo Econ - Internationale - (Ashton) - (7) - April 23, 2003, 05:59:04 AM EDT
             easier to rename the protocols of the elders of zion - (boxley) - (6) - April 23, 2003, 07:47:17 AM EDT
                 Your obsession... - (rcareaga) - (5) - April 23, 2003, 10:13:57 AM EDT
                     just because I am obsessed doesnt mean I am wrong - (boxley) - (4) - April 23, 2003, 12:31:39 PM EDT
                         And my source was... - (a6l6e6x) - (3) - April 23, 2003, 01:09:44 PM EDT
                             I was pointing out Ash's innocence - (boxley) - (1) - April 23, 2003, 01:17:10 PM EDT
                                 Yeah, that's me - the Virgin Virago -NT - (Ashton) - April 23, 2003, 06:44:16 PM EDT
                             Re: And my source was... - (rcareaga) - April 24, 2003, 11:30:25 PM EDT

I don't need to do a bunch of coke to be happy.
53 ms