dmagicglock Posted September 8, 2009 Report Share Posted September 8, 2009 ZOMG the sky is falling... okay I figured I'd mention it before anyone else did. Seriously tho'... this disturbs me and spells nothing but bad things for our future economic policies. http://www.telegraph.co.uk/finance/currency/6152204/UN-wants-new-global-currency-to-replace-dollar.htmlI read that, then I see this story... and we wonder why other countries want different currencies and the IMF other than the dollar. http://thehill.com/homenews/senate/57493-senate-must-raise-debt-ceiling-above-12t Quote Link to comment Share on other sites More sharing options...
siggywiggy Posted September 8, 2009 Report Share Posted September 8, 2009 "meaning central banks would be forced to intervene and either support or push down their currencies depending on how the rest of the world economy is behaving." i want to know who is in charge of this little fact or who determines when this action takes place. holy shizzy!!! possible one man or a few in charge of the uni-coin? Quote Link to comment Share on other sites More sharing options...
rick37 Posted September 8, 2009 Report Share Posted September 8, 2009 Don't worry there will be one world order and this is just the first step. Quote Link to comment Share on other sites More sharing options...
ChickOn2 Posted September 8, 2009 Report Share Posted September 8, 2009 ewww... i find this idea quite distasteful. It seems like the US would lose a lot of money... like we have any to spare. Quote Link to comment Share on other sites More sharing options...
Todd#43 Posted September 8, 2009 Report Share Posted September 8, 2009 ZOMG the sky is falling... okay I figured I'd mention it before anyone else did. Seriously tho'... this disturbs me and spells nothing but bad things for our future economic policies. http://www.telegraph.co.uk/finance/currency/6152204/UN-wants-new-global-currency-to-replace-dollar.htmlI read that, then I see this story... and we wonder why other countries want different currencies and the IMF other than the dollar. http://thehill.com/homenews/senate/57493-senate-must-raise-debt-ceiling-above-12tYour second link answered your first question. Our future economic policy is "print more worthless money". The dollar is shit these days on the world market in terms of buying power.In the mid 90's the company I worked for imported machinery from Italy and German. At that point in time I could buy 1.83 DM for a dollar. Things were great - there were 30 people working there making good money. Soon after, Germany went to the Euro and now I could buy 1.00 Euro for a dollar. Problem is, my pricing ended up being based on 1.00 DM = 1.00 Euro also. My company's buying power was cut in half. Its even worse today - right now your dollar only gets you .69 Euros. I got out in 2000 when the getting was good. There are currently 9 people working for that company now.Its only gonna get worse - wait till we start paying for health care for everyone! Quote Link to comment Share on other sites More sharing options...
dmagicglock Posted September 8, 2009 Author Report Share Posted September 8, 2009 I wish I could just print more money and raise my debt to income ratio without defaulting on anything. Everyone is saying "ohh we're coming out of the recession!" I think we've just temporarily inflated the market (printing money, bailouts, stimulus, etc...) and this is the calm before the storm. I'm afraid the worst is yet to come... This is definitely some writing on the wall. Quote Link to comment Share on other sites More sharing options...
Todd#43 Posted September 8, 2009 Report Share Posted September 8, 2009 Some Congressmen think that as our debt increases, so does our wealth. If you dont believe this guy, he'll "throw you out the window.http://www.youtube.com/watch?v=UjbPZAMked0 Quote Link to comment Share on other sites More sharing options...
Vulcan_Rider Posted September 8, 2009 Report Share Posted September 8, 2009 The USA would be screwed, one of the only things propping up the dollar is that it is the only currency (I believe) you can buy oil with. (I believe that is how it was at least, can't promise 100% accuracy) Quote Link to comment Share on other sites More sharing options...
kawi kid Posted September 9, 2009 Report Share Posted September 9, 2009 in the bible it says before the end of days there will be no money/currency......... seems like its getting closer leave it to this asshole to bring religion to the political party Quote Link to comment Share on other sites More sharing options...
SAMBUSA Posted September 9, 2009 Report Share Posted September 9, 2009 fear Quote Link to comment Share on other sites More sharing options...
kawi kid Posted September 9, 2009 Report Share Posted September 9, 2009 fearbiblical fear bitch!!!! get it right Quote Link to comment Share on other sites More sharing options...
Likwid Posted September 9, 2009 Report Share Posted September 9, 2009 Has anyone called dibs on blaming this on Obama yet? Am I late to the party?!?! Quote Link to comment Share on other sites More sharing options...
jporter12 Posted September 9, 2009 Report Share Posted September 9, 2009 Your second link answered your first question. Our future economic policy is "print more worthless money". The dollar is shit these days on the world market in terms of buying power.In the mid 90's the company I worked for imported machinery from Italy and German. At that point in time I could buy 1.83 DM for a dollar. Things were great - there were 30 people working there making good money. Soon after, Germany went to the Euro and now I could buy 1.00 Euro for a dollar. Problem is, my pricing ended up being based on 1.00 DM = 1.00 Euro also. My company's buying power was cut in half. Its even worse today - right now your dollar only gets you .69 Euros. I got out in 2000 when the getting was good. There are currently 9 people working for that company now.Its only gonna get worse - wait till we start paying for health care for everyone!Just wow! That's some drastic change there! I hear the presses are running as fast as they can at the US mint..... THAT will make things better! One of my favorite quotes (not sure of the source, I think I heard it from our pastor) "money does not fix a money problem." Give someone with a spending problem more money, and they will spend more money! Quote Link to comment Share on other sites More sharing options...
jporter12 Posted September 9, 2009 Report Share Posted September 9, 2009 Has anyone called dibs on blaming this on Obama yet? Am I late to the party?!?!I think it would be the past couple presidents from what I can tell. GW surely did a good job of starting us down this road, now Obama is twisting the throttle to get us further, faster! Quote Link to comment Share on other sites More sharing options...
nukcrash69 Posted September 9, 2009 Report Share Posted September 9, 2009 One of my favorite quotes (not sure of the source, I think I heard it from our pastor) "money does not fix a money problem." Give someone with a spending problem more money, and they will spend more money!Very True. Quote Link to comment Share on other sites More sharing options...
SAMBUSA Posted September 9, 2009 Report Share Posted September 9, 2009 biblical fear bitch!!!! get it right Fear is fear. Quote Link to comment Share on other sites More sharing options...
Fonzie Posted September 9, 2009 Report Share Posted September 9, 2009 Don't worry there will be one world order and this is just the first step.DING!.... Fries are done!! Quote Link to comment Share on other sites More sharing options...
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