Re: 18 trillion...
in response to
by
posted on
May 30, 2015 05:06PM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
The US dollar would bust because they are printing paper MORE than ever and nothing to back it up. The dollar is supposed to represent the amount of gold held by its country... but as I understand it, the gold is not there to back up the paper currency. Lets say if a middle east country decieded to go back to a gold standard, it would bring the US to its knees. Im not sure that would happen, but Im just saying.
I like your take on how a stock would be paid out by adopting a different currency should the dollar go bust. I was not aware of that. Thanks lowsignal.
Q*bert