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To: Toddsterpatriot

The most likely scenario involves some sort of basket of currencies.

As I said earlier; fracking and the resulting drastic drop in the price of oil and gas has saved the U.S. economy (for now). A library could be filled with all of the articles and comments posted on this forum, about how Obama is destroying the economic and financial fundamentals. The policies outlined in the Forbes article remain in place.

History tells us that it’s not a matter of “if” the U.S. Greenback loses reserve currency status — it’s a matter of when. If the U.S. continues to use devaluation as a strategy for reducing its international debt obligations, that time will be sooner. Creditor nations will simply not continue to tolerate the abuse. If real conservatives take control of the system, that time might be much later — centuries later even.


65 posted on 04/23/2015 12:56:58 PM PDT by USFRIENDINVICTORIA
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To: USFRIENDINVICTORIA
If the U.S. continues to use devaluation as a strategy for reducing its international debt obligations

I haven't seen proof of this strategy.

The policies outlined in the Forbes article remain in place.

That wasn't proof of your "debt reducing strategy".

66 posted on 04/23/2015 1:00:46 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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