Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: dobbyman
I was just in Belarus 10 days ago for two weeks. U.S. dollars are the most coveted currency by far for most former USSR citizens. The Swiss Franc may be more stable, but U.S. dollars can be used in far more places. Compared to most currencies, U.S. dollars are gold. Imagine what it used to be like, when they were actually backed in full and redeemable with gold.
66 posted on 11/05/2001 12:38:16 PM PST by razorbak
[ Post Reply | Private Reply | To 1 | View Replies ]


To: razorbak
Better than gold.
Gold has not held its relative value to the dollar for years.
89 posted on 11/06/2001 6:50:26 PM PST by ScholarWarrior
[ Post Reply | Private Reply | To 66 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson