Bitcoin Forum

Economy => Economics => Topic started by: reg on April 16, 2013, 07:17:21 AM



Title: dollar dominance over?
Post by: reg on April 16, 2013, 07:17:21 AM
hi, anyone noticed that the euro has held a stronger price than the dollar this weekend ?
euro 76= $100 but the price on the chart shows $56?
given the dramatic falls the last few days in gold down a few hundred dollars and a general sell of of all fiat currencies are some fiat/gold holders losers? are they nervous? comments/thoughts?





reg.





      tips:    1HuDKnHJy73CC2QjbqRrixTEzHd3EFEfRs


Title: Re: dollar dominance over?
Post by: Lethn on April 16, 2013, 08:54:28 AM
I think that's always been the case, you only need to look at the arguments that Peter Schiff has had with all the establishment neo-keynesians to understand why the dollar is so fucked compared to the rest of the world. That said, I think the euro and pound is still going to be hyper-inflated to hell because the people over here would rather run their respective currencies into the ground than admit they were wrong and let the problem fix itself. We still have hyperinflation going on and we still have runaway spending, I think for whatever reason though the corrections are hitting us first rather than the Americans who will probably get it last.