Yup, a young buddy of mine in Afghanistan just told me they were instructed to put all their dollars up as only the Euro would be accepted on base. . . . . . .
__________________ And then shall many be offended, and shall betray one another, and shall hate one another.
Yup, a young buddy of mine in Afghanistan just told me they were instructed to put all their dollars up as only the Euro would be accepted on base. . . . . . .
No way, AAFES would never do that. The local vendors that come in for the bazaar weekends....maybe but I doubt it.
I don't see it happening, but if it does it won't be the end of the world (no pun intended). There used to be one world currency--gold--seems we survived that one.
Chad
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"We can have no '50-50' allegiance in this country. Either a man is an American and nothing else, or he is not an American at all."-- Theodore Roosevelt
A wise man's heart is at his right hand; but a fool's heart at his left. Ecclesiasties 10:2
The last four letters in American..........I Can
The last four letters in Republican........I Can
The last four letters in Democrats.........Rats
I appreciate your intention, but it may not be as nefarious as you may suppose. I think the intention is to supplant the US dollar with a more stable currency -- a currency more free from dilution by devaluation and/or inflation. This is where the US dollar is today -- devalued and dropping further in value. Typically a currency drops in value because of inflationary monetary policy (printing excess paper currency and expanding other forms of money excessively). I assume that is why the dollar has dropped in value, but I'm not expert in this matter so this is only a speculation on my part.
In my opinion it would be nice if we were all on the gold standard. It would seem this standard could not readily be corrupted and hence value of the currency would be maintained. I think this would prevent some of the unwanted inflation and risky lending practices that we have seen recently. But again . . . I'm not at all expert in this area, and I could very likely be talking in ignorance. Still, bottom line, it is not an issue of US sovereignty, in my opinion, what currency standard we employ SO LONG AS IT IS STABLE AND FREE FROM CORRUPTION.
I appreciate your intention, but it may not be as nefarious as you may suppose. I think the intention is to supplant the US dollar with a more stable currency -- a currency more free from dilution by devaluation and/or inflation. This is where the US dollar is today -- devalued and dropping further in value. Typically a currency drops in value because of inflationary monetary policy (printing excess paper currency and expanding other forms of money excessively). I assume that is why the dollar has dropped in value, but I'm not expert in this matter so this is only a speculation on my part.
In my opinion it would be nice if we were all on the gold standard. It would seem this standard could not readily be corrupted and hence value of the currency would be maintained. I think this would prevent some of the unwanted inflation and risky lending practices that we have seen recently. But again . . . I'm not at all expert in this area, and I could very likely be talking in ignorance. Still, bottom line, it is not an issue of US sovereignty, in my opinion, what currency standard we employ SO LONG AS IT IS STABLE AND FREE FROM CORRUPTION.
I only wish there were such a thing as a currency being free from corruption. Stable? Even that would be a stretch. But you put humans in charge of anything, and corruption free becomes nothing more than a joke.
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While you rest, someone, somewhere, is training. When you meet, you will lose.
Here's our new currency. Woopeeee.
