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Message
Australia And China To Enable Direct Currency
Posted on 3/31/13 at 8:44 pm
Posted on 3/31/13 at 8:44 pm
So this link states the dollar is getting dumped. Read another article few days ago where another country was dumping to dollar. So how will this affect the dollar and is there another currency that would be safer to invest in?
LINK
LINK
3
Posted on 3/31/13 at 8:54 pm to Kolbysfan
Do you own a lot of dollars? Meaning, do you have lots just sitting in cash? If you don't you're fine regardless.
Personally I have real estate, stocks, bonds, etc. But these are not dollars, so I don't care much.
Personally I have real estate, stocks, bonds, etc. But these are not dollars, so I don't care much.
Posted on 3/31/13 at 9:05 pm to Kolbysfan
Zerohedge? LOL!
That website has never found a Chicken Little rumor it didn't embrace. It has been predicting the end of the U.S. ever since it started.
That website has never found a Chicken Little rumor it didn't embrace. It has been predicting the end of the U.S. ever since it started.
Posted on 3/31/13 at 9:08 pm to LSURussian
And as for the content of the article, do you have anything to offer ?
Posted on 3/31/13 at 9:11 pm to Kolbysfan
Nope.
It's probably so distorted from the facts it's a waste of time to read.
It's probably so distorted from the facts it's a waste of time to read.
Posted on 3/31/13 at 9:34 pm to Kolbysfan
Some countries are dumping the euro too.
Posted on 4/1/13 at 11:27 am to djmicrobe
I'm dumping everything but the dollar. Take that China!
Posted on 4/1/13 at 8:06 pm to foshizzle
quote:
Do you own a lot of dollars? Meaning, do you have lots just sitting in cash? If you don't you're fine regardless.
Most folks around here own a fair number of dollars.
And almost everyone here is paid in dollars. If the value of a dollar drops by 10%, you take a 10% pay cut.
Posted on 4/1/13 at 8:08 pm to M. A. Ryland
Not exactly. If I give a guy $10 to cut my hair and he still accepts that then my buying power hasn't changed. It depends on what I'm buying with my money.
Posted on 4/2/13 at 8:18 am to C
There are some macroeconomic principles you are forgetting there.
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