I think around 2020
What currency can replace it though?
No troll is too much for me to handle. I rehabilitate trolls, I train people. I am the Troll Whisperer.
Troll_Whisperer said: What currency can replace it though? |
Image won't work. Renminbi, China is on its way.
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Troll_Whisperer said: What currency can replace it though? |
dollar backed by gold
Could have been an intersting topic , if not for lazy OP, and the title isn't trollish enough to gather some attention.
Maybe I'll put a bit more effort in it.
hysterianut said:
dollar backed by gold |
Few requirements for this to work:
- Ban majority financial instruments globally, no trade without actual product to sell;
- Stock trade deals are under regressive taxation globally, say, buy stock and trade it back within a year -- 99,9%, within 30 years -- 1%.
- Taxation to target the richest globally.
- Disobey any of the aforementioned rules -- death penalty.
Sounds like realistic? As long as you do not limit the possibility of limitless wealth accumulation, backing currency with any material goods be it gold or anything else are pointless and dangerous. Not even the worst collapse imaginable could revive monetary function of the gold.
hysterianut said:
|
And who has the gold?
HeavenlyWarrior said:
|
Libya once did
Bet with gooch_destroyer, he wins if FFX and FFX-2 will be at $40 each for the vita. I win if it dont
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Rome has the gold
the new roman empire is going to make a comeback
kowenicki said: You also said the "Euro will collapse in 2012.... The dollar shortly after" http://gamrconnect.vgchartz.com/post.php?id=4337134 You constantly bang on about financial collapse and ww3. You new name suits you better. Where do you live and what do you do for a living...? Just out of curiosity. You seem to have an agenda. |
Anticipating the collapse of a monopoly is a good thing if anything. What agenda? Anti-american agenda? Their hegemony needs to go.
What is your concern as a brit? Seems to be quite bizarrely pro-american aren't you? Calling snowden an idiot an all. It says quite a lot about your idiology and political aflliation if anything.
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