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To: zeestephen

Centralization simplifies financial transactions and increases economic efficiency? That sounds very one-worldish.

Why do you wish the dollar to fall?


14 posted on 09/22/2013 11:35:28 PM PDT by Olog-hai
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To: Olog-hai

Re: “Why do you wish the dollar to fall?”

I want the dollar to COMPETE.

I have always favored a strong dollar, and a strong Euro, in every kind of economy, and for every kind of business.

Since 2007, I believe the lack of currency competition has allowed the Federal Reserve and US Treasury to behave with near criminal recklessness.

Besides the Euro, the other currencies in the world are simply too small or too illiquid to force sound financial and spending policies on the USA.


15 posted on 09/23/2013 2:41:30 AM PDT by zeestephen
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