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11th May 2014, 10:05 PM
#6
Iridium
Re: Has anyone published saying the US dollar WILL NOT collapse?
I recently took a trip to Peru and can state emphatically that FRN's are held in high regard over whatever is the local currency (Soles). I assume it is that way all around the world and our role playing as the worlds reserve currency is far from over.
Still the question is can a group of governments put together trading partnerships that exclude the FRN? Our military is strapped as far as taking on all the evil perceived by our bankers in the world. I would guess that the "dollars" demise will be gradual, most of those foreign governments own a ton of "dollars" and at the same time will try to use their own currencies for trade sidestepping the dollar.
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