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To: JasonC

“US dollars” assumes that there exists a political entity called “The United States of America” that effectively backs up the value of said dollar. There is no reason to believe that will always be the case. For example, why isn’t there much trade in things like CSA dollars? How much trade today is done in things like French Francs?


86 posted on 04/11/2010 6:23:01 AM PDT by garbanzo (Government is not the solution to our problems. Government is the problem.)
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To: garbanzo
There does exist a political entity called "the United States of America", and it is the most powerful state on the planet. It also has the wealthiest citizens and the most dynamic economy, the highest technology and the greatest scientific knowledge. On the planet, and in history. And your hysteria over one lost election and one recession is too pathetic to merit extended commentary.

Will that always exist? No, but then neither will mankind...

88 posted on 04/11/2010 7:18:15 AM PDT by JasonC
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