Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Dollar Crash: Compared To What?
>
Reply to Thread
Message:
<p>[QUOTE="KSorbo, post: 2195110, member: 56370"]Even with all of our economic problems I think the US Dollar still sucks the least, so it will continue to be a store of value of choice for the foreseeable future. At least we have only one dysfunctional government controlling our currency. Just think what it would be like if every region of the country had its own economic policy, with some like Germany and others like Greece. I wouldn't bet on the Euro crashing either though, because the benefits of keeping it together outweigh the chaos that would ensue if it broke apart.</p><p><br /></p><p>Other currencies such as the Swiss franc have their advantages, but their "market caps" are probably much too low to absorb the bulk of the world's investment holdings. The same goes with silver and gold. I may be in the wrong forum to say this, but I don't think there are enough precious metals to serve as the primary store of value in today's economy. Credit would be way too constricted. I agree that our current system of fiat currency is subject to eventual failure, but the alternative is even worse. I also agree with Winston Churchill that capitalism is the most evil economic system on the planet except for all the other ones...[/QUOTE]</p><p><br /></p>
[QUOTE="KSorbo, post: 2195110, member: 56370"]Even with all of our economic problems I think the US Dollar still sucks the least, so it will continue to be a store of value of choice for the foreseeable future. At least we have only one dysfunctional government controlling our currency. Just think what it would be like if every region of the country had its own economic policy, with some like Germany and others like Greece. I wouldn't bet on the Euro crashing either though, because the benefits of keeping it together outweigh the chaos that would ensue if it broke apart. Other currencies such as the Swiss franc have their advantages, but their "market caps" are probably much too low to absorb the bulk of the world's investment holdings. The same goes with silver and gold. I may be in the wrong forum to say this, but I don't think there are enough precious metals to serve as the primary store of value in today's economy. Credit would be way too constricted. I agree that our current system of fiat currency is subject to eventual failure, but the alternative is even worse. I also agree with Winston Churchill that capitalism is the most evil economic system on the planet except for all the other ones...[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Dollar Crash: Compared To What?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...