Real Estate Investor · the villages, FL · Member since 2008 · 5k+ posts · 3k+ votes
15y
I have to admit, I didn't read any of your listed links. However, I've read quite a bit on this. The obvious choice is the Chinese currency for just the growth and strength. However, they don't want it. They are in a better position, imo tieing to the dollar because of their/our position.
Somewhere I read that the previous world currencies are always changed. Someone that is more techie could find it. There were reasons we replaced the British currency after the wars. The British currency replaced a different currency.
I don't see another currency at the present time that might replace us, although India is also coming on strong in many areas and not in serious debt.Rich
Investor · Groves, TX · Member since 2009 · 44 posts · 25 votes
15y
No. With advances in Technology it is now much easier now to access exchange rates than ever before. So what you will see is the move away from one dominate world currency.
As this happens of course the value of the dollar will continue to suffer. Let’s just hope the decline of the dollar is gradual.
Real Estate Investor · Alpharetta, GA · Member since 2010 · 415 posts · 484 votes
15y
I'll preface this post by saying that the author of this "article" makes his living by selling fear. Without it, he has nothing. Still, it's kind of an interesting read:
Select a State · Member since 2011 · 90 posts · 3 votes
15y
Hi All,
I am a believer that the Dollar could be on its way to self destruction, compliments of the US government and the Fed. To much debt and printed money out there. I read an interesting article from an economist, Martin Armstrong(radical one at that), who thinks the way of the future will be a new global currency consisting of the Yuan,Euro and some others. That said, he also says Gold will reach $5000 by 2015 and were in for another Economic low in July 2011(not another recession just a low/correction). He has an Economic Confidence Model that in the past has been pretty accurate.
I of course hope things improve and government stops spending money and printing it like its going out of style. I have bought real estate in Brazil and have watched the real fly high in this time vs the dollar. I have contemplated buying another unit in Brazil instead of considering the US due to its uncertain economy.
Here is his link to his site and his story.
http://armstrongeconomics.com/
Altus, OK · Member since 2008 · 2k+ posts · 690 votes
15y
I see in the near future paper money being replaced by electronic credits and if you want to spend some of that new electronic money just press a button on your new tablet and bam you got what you wanted all done electronically.
Investor · Round Rock, TX · Member since 2010 · 8k+ posts · 4k+ votes
15y
I actually studied electronic money in a graduate EE class I took in college. I don't see paper money going away though. There are far too many reasons for people to hide things.
Real Estate Investor · San Antonio, TX · Member since 2008 · 553 posts · 20 votes
15y
Rich,
I certainly hope you live that long however, I believe it will be your grandchildren my children that see a one world currency. Personally I believe a one world currency has been in the works since the templers and see no reason why that would change now.
But then again WTFDIK
All throughout history if there was a serious enough disagreement one could simply start a new country there was plenty of mostly unoccupied land now not so much.
Now I see it more as united we stand divided we fall globally.
Altus, OK · Member since 2008 · 2k+ posts · 690 votes
15y
Originally posted by Lee Common:
Mr_Investor
Yea but what does that really mean?
Is it some diabolical elitist force or what is best for global finances?
We have gotten several new bills recently what is the difference as long as we maintain our rights?
PS I'm not for or against this I simply want to see all the angles.
The NWO is basically a one world government controlled by one ruler under a fascist state. The NWO will control all aspects of communication,monies,censorship,freedoms and other aspects to dominate the masses like puppets.
Investor · Round Rock, TX · Member since 2010 · 8k+ posts · 4k+ votes
15y
Many popular authors advancing a conspiracy theorist agenda think the Fabians are gradually trying to control the world by gradually moving toward a world currency. We had a 100+ post on hyperinflation a while back that you may want to check out if you believe in such things.
Real Estate Investor · Alpharetta, GA · Member since 2010 · 415 posts · 484 votes
15y
Originally posted by Bryan Hancock:
Many popular authors advancing a conspiracy theorist agenda think the Fabians are gradually trying to control the world by gradually moving toward a world currency.
Interesting read.
From that page, however:
The society's 2004 annual report showed that there were 5,810 individual members.
On 21 April 2009 the Society's website stated that it had 6,286 members.
So, at that rate of growth, they will have achieved their goal right about the same time that the Sun burns out. :mrgreen:
Real Estate Investor · Alpharetta, GA · Member since 2010 · 415 posts · 484 votes
15y
Originally posted by Lee Common:
WTFDIK
I wonder if this license plate is available in Georgia, and if it is, how long would I be allowed to keep it before I offend someone's delicate sensibilities?
Investor · Round Rock, TX · Member since 2010 · 8k+ posts · 4k+ votes
15y
Not according to the true believers! Those numbers are completely inaccurate according to them. Plus...the real members can control the world because they are so rich and powerful.
Real Estate Investor · San Antonio, TX · Member since 2008 · 553 posts · 20 votes
15y
I'm simply stating that with the world and it's resources shrinking as well as the continued merger of exchanges it's possible. If you through enough **** against the wall over a long enough time period your bound to get something to stick.
To be honest I thought this would be an interesting topic, one can go into very calculated economic & social influences to support or reject the idea or one can propose it with conspiracy theories regarding socialist oligarchies.
I'm seeing the dollar declining as the reserve currency & a rising yuan. Will the western world accept the yuan as a reserve currency or will there be a call to "improve the Euro model?"
Real Estate Investor · Canyon country, CA · Member since 2010 · 22 posts · 4 votes
15y
i'd like to paraphrase Tom Hartman who's opinion I value. He gives the dollar 3-10 years. IF we don't start producing products here and importing less and creating jobs it will go down.