When will Dollar collapse as the world reserve currency?

[KingofTrolls]

Mr Khan said:

S.T.A.G.E. said:

Mr Khan said:

 

The only thing gold backing does is make it that much harder to have a flexible currency. Fiat is simply more stable.

Who even operates on the gold standard anymore? India might, i think, though that's showing their weakness.

Backed currency doesn't need to be flexible because its real. If you have it then you have it. Its amazing how much inflation increases prices to outrageous levels to the point that the bubble had to burst in this country.

How is it real, though? How are shiny rocks any more real than bits of paper with pictures? (The practical uses for gold and silver notwithstanding)

U can print bits of paper with pictures as much as u want, it is harder to print gold, silver etc. :D and gold is the same in the whole world, this is a win - win situation.