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To: Vanders9

The US no longer responsibly manages its currency, and in fact is taking steps that will actively devalue it even further.

It takes an openly belligerent enemy to come out and say it, but the dollar is taking slow steps to the exit as a reserve currency, though the unwinding will take years if not decades.


24 posted on 07/14/2008 3:41:25 PM PDT by WoofDog123
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To: WoofDog123

Hmmm...but from what has been said it seems debateable as to whether this is a good thing or a bad thing, or at least there are advantages and disadvantages to it.


25 posted on 07/15/2008 12:23:21 AM PDT by Vanders9
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