- Jul 19, 2006
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http://news.yahoo.com/s/nm/20080317/bs_nm/dollar_dc_1
Just an update on how the US dollar is fairing overseas. Anyways it got me thinking on various things I have heard.
People have said they have given up rights since Sept 11th for better security because of a terrorist disaster. What if it was a US dollar collapse, and it was an economic disaster? What would you be willing to give up to correct the economy?
It just seems after Sept 11th, most people gave their personal OK on pretty much everything related to terrorism. Various companies and other agencies did as well (Like Telecoms issues we are having now). Is it safe to say we would do the same thing in the case of an economic disaster?
Would you actually support a supposed "Amero"? Abolishing the Federal Reserve? Throwing more money at it? Or whatever idea the president (or others in power) thought would resolve the problem? I personally would like a long study of all the solutions and see which would be the best. Although, I hope (and assume) they wouldn't do anything half assed. What do you all think?
AMSTERDAM (Reuters) - The U.S. dollar's value is dropping so fast against the euro that small currency outlets in Amsterdam are turning away tourists seeking to sell their dollars for local money while on vacation in the Netherlands.
"Our dollar is worth maybe zero over here," said Mary Kelly, an American tourist from Indianapolis, Indiana, in front of the Anne Frank house. "It's hard to find a place to exchange. We have to go downtown, to the central station or post office."
Just an update on how the US dollar is fairing overseas. Anyways it got me thinking on various things I have heard.
People have said they have given up rights since Sept 11th for better security because of a terrorist disaster. What if it was a US dollar collapse, and it was an economic disaster? What would you be willing to give up to correct the economy?
It just seems after Sept 11th, most people gave their personal OK on pretty much everything related to terrorism. Various companies and other agencies did as well (Like Telecoms issues we are having now). Is it safe to say we would do the same thing in the case of an economic disaster?
Would you actually support a supposed "Amero"? Abolishing the Federal Reserve? Throwing more money at it? Or whatever idea the president (or others in power) thought would resolve the problem? I personally would like a long study of all the solutions and see which would be the best. Although, I hope (and assume) they wouldn't do anything half assed. What do you all think?