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US rejects China's call for new world currency

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US rejects China's call for new world currency


World | 206863 hits | Mar 24 7:56 pm | Posted by: tritium
26 Comment

BARACK Obama has defended the US dollar as "extraordinarily strong" and said there is no need for a new world reserve currency.

Comments

  1. by roger-roger
    Wed Mar 25, 2009 3:16 am
    I think it would be cool to have a world currency.

  2. by avatar tritium
    Wed Mar 25, 2009 3:21 am
    "Eisensapper" said
    I think it would be cool to have a world currency.


    What about a one world government, I mean where do you stop or draw the line? :?

  3. by avatar Brenda
    Wed Mar 25, 2009 3:24 am
    "Eisensapper" said
    I think it would be cool to have a world currency.



    NOOOOOOOOOOOOOOOOOOO

    I am going to leave the planet when that happens! Look at the Euro! Hell, the guilder was sold as a bargain! We lost huge amounts of money, wages stayed the same, but costs rose big time!

    We HAVE a world currency to do business with, it is called the US$.

  4. by avatar DrCaleb
    Wed Mar 25, 2009 3:26 am
    "Brenda" said

    We HAVE a world currency to do business with, it is called Gold.


    Fixed that for you. :)

  5. by avatar saturn_656
    Wed Mar 25, 2009 3:26 am
    "tritium" said
    What about a one world government, I mean where do you stop or draw the line? :?


    The line must be drawn HERE! THIS FAR, NO FARTHER! :lol:

  6. by avatar Pseudonym
    Wed Mar 25, 2009 3:27 am
    If the dollar goes, then China is going to lose a hella ton of dough. I can't understand why they would want to endorse a new world currency.

  7. by avatar Brenda
    Wed Mar 25, 2009 3:29 am
    "DrCaleb" said

    We HAVE a world currency to do business with, it is called Gold.


    Fixed that for you. :)
    Hehehe :D

    I have an ounce of gold :D Too bad I can't sell it LOL Great investment! :P

    (My parents gave it to me when I turned 18 or something, and it is still in a safe in Holland :lol:)

  8. by avatar DrCaleb
    Wed Mar 25, 2009 3:51 am
    "Brenda" said

    We HAVE a world currency to do business with, it is called Gold.


    Fixed that for you. :)
    Hehehe :D

    I have an ounce of gold :D Too bad I can't sell it LOL Great investment! :P

    (My parents gave it to me when I turned 18 or something, and it is still in a safe in Holland :lol:)

    Just one? I have a few, and in different deposit boxes in different places. I hope I'll never need them, but you can never tell. :mrgreen:

  9. by avatar Brenda
    Wed Mar 25, 2009 4:01 am
    "DrCaleb" said
    Hehehe :D

    I have an ounce of gold :D Too bad I can't sell it LOL Great investment! :P

    (My parents gave it to me when I turned 18 or something, and it is still in a safe in Holland :lol:)


    Just one? I have a few, and in different deposit boxes in different places. I hope I'll never need them, but you can never tell. :mrgreen:
    yeh, it was a gift. I wanted to sell it when we emigrated, but that would cost me have the value :lol:

    I sold all my stocks though... Now I invested that in real estate :P

    (well, bought a duplex, turning it into a single family, and sell it again :lol:)

  10. by avatar romanP
    Wed Mar 25, 2009 4:05 am
    The value of the US dollar is severely artificially inflated, and has been for a long time. I wouldn't trust the IMF with a new standard, though. Just because they've stolen most of the world's money doesn't mean they should be next to dictate what it's worth.

  11. by ridenrain
    Wed Mar 25, 2009 4:28 am
    A new world currancy for a new world order. One side with Obama and the other with Al Gore. :roll:

    Considering the World bank was very nervous letting China in, I doubt if they have much pull. Their just upset that the US dollar id dropping and they don't want to knotch back their fiat currancy any.

  12. by Ruxpercnd
    Wed Mar 25, 2009 4:45 am
    Ooooookay..... If you want a new world currency, then the printing press should be in the U.S. at my house. Here, let me print you off a few fresh bills. he he...

    The problem with a world currency is who does the honor of printing the monopoly money. Yea, let's just use monopoly money!

  13. by avatar martin14
    Wed Mar 25, 2009 9:36 am
    This idea just shows what kind of shape the US dollar is in.

    And is going to be in in the future.

  14. by Anonymous
    Wed Mar 25, 2009 9:40 am
    "martin14" said
    This idea just shows what kind of shape the US dollar is in.

    And is going to be in in the future.
    Or what you and millions of other peep's want to see happen.

    I'll be laughing in my geritol when your all proven wrong in 20 years.
    Some of you folk's sincerely underestimate people when thing's go bad.



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