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IWETHEY Home / IWETHEY Board / Money, Financials, and Economics Forum / We had to redesign the bills
Post #108,285
by ben_tilly
7/2/03 10:52:40 PM
Reply
New We had to redesign the bills
Enough foreign countries were funding things by forging US dollars that a substantial fraction of the bills in circulation were not printed in the USA.

Of course the fiat system has its own dangers. And our current economic system not only has a fiat monetary system, it also has declared that the one zero-risk investment in the world is US debt. As I like to point out, if that assessment ever changes, the US government is suddenly going to find its debt a lot more expensive...

Cheers,
Ben
"good ideas and bad code build communities, the other three combinations do not"
- [link|http://archives.real-time.com/pipermail/cocoon-devel/2000-October/003023.html|Stefano Mazzocchi]
Post #108,323
by gdaustin
7/3/03 10:35:36 AM
Reply
New Iraq War Reason?
Maybe the reason for the war in Iraq was to collect "our" funds.

Didn't they find BILLIONS in U.S. Currency in some of Saddam's palaces?

For someone that hates America, he sure a lot invested in it (by holding our currency).
Post #109,203
by static
7/11/03 9:49:52 AM
Reply
New That's why the US doesn't like the Euro. :-)

Is it enough to love
Is it enough to breathe
Somebody rip my heart out
And leave me here to bleed
 
Is it enough to die
Somebody save my life
I'd rather be Anything but Ordinary
Please

-- "Anything but Ordinary" by Avril Lavigne.
     There will be a backlash - (ben_tilly) - (13) - June 27, 2003, 08:54:46 PM EDT
         Well, that was depressing, Ben! -NT - (a6l6e6x) - June 27, 2003, 09:04:40 PM EDT
         The Hudson Bay Company and the East India Company - (boxley) - (2) - June 27, 2003, 09:31:03 PM EDT
             Until someone else translates, - (Silverlock) - (1) - June 27, 2003, 11:08:35 PM EDT
                 Tranzlation - (gdaustin) - June 28, 2003, 08:54:00 AM EDT
         We must ditch the Republic, then... - (imric) - (2) - June 27, 2003, 09:41:46 PM EDT
             1861! -NT - (deSitter) - June 27, 2003, 10:24:48 PM EDT
             Re: We must ditch the Republic, then... - (gdaustin) - June 28, 2003, 09:04:07 AM EDT
         Re: There will be a backlash - (Ovid) - (1) - June 30, 2003, 12:52:07 AM EDT
             If there is a positive solution... - (ben_tilly) - June 30, 2003, 02:06:01 AM EDT
         Thoughts - - (Simon_Jester) - (3) - July 2, 2003, 10:41:10 PM EDT
             We had to redesign the bills - (ben_tilly) - (2) - July 2, 2003, 10:52:40 PM EDT
                 Iraq War Reason? - (gdaustin) - July 3, 2003, 10:35:36 AM EDT
                 That's why the US doesn't like the Euro. :-) -NT - (static) - July 11, 2003, 09:49:52 AM EDT

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