Can the US win the currency war?

[lissandra]

US was its dominance back in ww 2, when we pretty have most of the gold supply and ever since then no one questioned the dollar.

So as for US winning the currency war it should be a obvious one since its been wide spread. As for the value though, its lost if there is a huge surge of bitcoin users and drop the dollar.

[luciann]

No, i don't think that USA can win the currency war.

According to me euro is in far better position than US.
So, sorry Americans, you are gonna loose this time.

well they can as long we hold the dollar technically right?

on the dollar bill it says "in god we trust" hence fiat is only a form of trust.

[greBit]

Yeah USA going to win this one again...

One language for all, one currency for all. The alternative was "Euro" against "USD" but Europeans f**ked it up with Greece crisis. (and spain will be following probably)

And China? China is in another world dude. No one would want to go there. So basically China is worthless to most people.

Euro could never provide a strong fight against dollar, despite of whatever capital strength they possess because it takes social and political capabilities to back a strong currency, not just missiles. Spain is not going to end like Greece anytime soon, they've made the most recovery from their crisis in the whole euro zone circle. Also, China is not worthless, the whole world relies on it for manufacturing their products and provide the cheapest human resources.

That recovery is a bubbled one. It's based on precarious labor, low quality and temporal jobs that pay next to peanuts. The spaniards are holding without riots because they are living off under the table work and off grandparent's welfare. You are deluded if you think its getting any better for them.

My family lives in Spain and they told me everything which happens there, I am more informed about the place than you are. I can assume you don't live there because you're one of those people who reads a conspiracy theory over the internet and totally believes it. I'm anything but deluded, Spain might not be completely recovery free but they are doing so much better than what I think they would be like.

I have some friends there and everyone is struggling to get a job and the jobs they get are always underpaid and chances are they are not full time jobs. I agree that there is some recovery but he isn't wrong on what he said, the jobs aren't decent enough and I fail to see how it will get any better. It seems they are stuck in perpetual austerity being Troika's bitch just like all southern European countries are.

The best way to get a job is create one, maybe you could help your friends and talk to them about how they can create their own venture, if they have great ideas. Maybe they should research which industries are booming and then revolve their work around it so they get more early market acceptance. I think there is a worldwide struggle regarding employment nowadays. Too many people, very less opportunities.

[Falconer]

US Dollar always become a strongest currency in the world, and even its accepted as a global currency for some countries. I think US will do anything to make it stable and prevent any action from other country that could give bad effect to USD. I guess thats why US make some acts like spying EU countries or interfering China in South China Sea.

[mindrust]

https://en.wikipedia.org/wiki/Petrodollar

This is the reason why US Dollars will keep ruling as a currency.

USD is the default currency for buying petrol. You cannot buy petrol with euro's or GBP's. You need the "Green"!

[Falconer]

https://en.wikipedia.org/wiki/Petrodollar

This is the reason why US Dollars will keep ruling as a currency.

USD is the default currency for buying petrol. You cannot buy petrol with euro's or GBP's. You need the "Green"!

Beside petrol, most of important commodities in the world tend to get traded and priced in US dollars. Thats prove us that USD is a strong currency and wont fall easily. http://www.forbes.com/sites/kitconews/2014/08/07/economic-geopolitical-events-support-us-dollar-but-gains-may-be-tempered-short-term/

[n2004al]

No way about this. Us dollar is the world currency and us dollar will be the world currency also for to many other years. If it will be an war which will threaten it I think that again it will be the winner. There will be and there are in place two big potential economic wars which risky the dominance of us dollar. The war with European union and the war with China. I think that both of those will be won by United States. If it will be so the us dollar will maintain its position as e leader currency in the world. Most of the countries (or all of them) will continue to maintain their monetary reserves mainly in us dollar and this currency will be the most privileged one among all the others.

Same with the English. Will continue to maintain the first place as a spoken language. No risk from China even with the increasing power of this country and no risk from European Union which have English as official language on it.

[mexxer-2]

No way about this. Us dollar is the world currency and us dollar will be the world currency also for to many other years. If it will be an war which will threaten it I think that again it will be the winner. There will be and there are in place two big potential economic wars which risky the dominance of us dollar. The war with European union and the war with China. I think that both of those will be won by United States. If it will be so the us dollar will maintain its position as e leader currency in the world. Most of the countries (or all of them) will continue to maintain their monetary reserves mainly in us dollar and this currency will be the most privileged one among all the others.

Same with the English. Will continue to maintain the first place as a spoken language. No risk from Chine even with the increasing power of this country and no risk from European Union which have English as official language on it.

Things change mate, and who knows you may be looking at btc as the global currency in the next few years. I guess no one would have guessed rome would die out before it actually did

[n2004al]

No way about this. Us dollar is the world currency and us dollar will be the world currency also for to many other years. If it will be an war which will threaten it I think that again it will be the winner. There will be and there are in place two big potential economic wars which risky the dominance of us dollar. The war with European union and the war with China. I think that both of those will be won by United States. If it will be so the us dollar will maintain its position as e leader currency in the world. Most of the countries (or all of them) will continue to maintain their monetary reserves mainly in us dollar and this currency will be the most privileged one among all the others.

Same with the English. Will continue to maintain the first place as a spoken language. No risk from Chine even with the increasing power of this country and no risk from European Union which have English as official language on it.

Things change mate, and who knows you may be looking at btc as the global currency in the next few years. I guess no one would have guessed rome would die out before it actually did

No way even about this. I am a bitcoiner but bitcoin will be never the world currency. May be one of the world currency and I hope one of the most used world currency but never the world currency. First of all because are not to many coins to face all need for money in all the world. Second because people need to buy the bread every day and cannot do this with bitcoin. And cannot created the physical coins because bitcoin has no owners to take care of this. Then for to many other reasons like impossibility to do monetary policies, war between its developers about the ways in which it must be developed etc. Then is ridiculous to tell the next years when it is known (yes or not) only by 1% of the people of the world.

[Abiky]

Bitcoin could become the reserve currency of the world if it's backed up by Gold, Governments, etc But until then, the USD will remain at the top for probably the next 5 to 10 years or so. Just my opinion 

[hashman]

Arguably the Internet was the final drop that won the US (sorry UK, Australia etc, but let's be honest ) the language war. Before the internet French, German and Spanish had a certain hope for being the global language. Today those hopes are completely gone, and English has won a decisive victory.

I'm just now watching a video with Vorhees where he says that rough financial rules might mean that the US will lose the currency war?

https://www.youtube.com/watch?v=Fv0ETVEZil0

About min 24.

What do you think? Will the US win again, some other country, or wide dispersion?

I'm not sure what you are talking about.  Chinese is the most common language on the planet for one.  For two, there are more English speakers in China than in USA.  For three, how does "Uncle Sam" win a currency war when he doesn't exist?  People make gains, not giant geographical and political descriptors make gains.  Think about whether -you- will gain or lose portfolio value as the so-called currency war continues.   

[christycalhoun]

Most countries around the world use USD as their reserve currency. Many people in poor countries also put their savings in USD due to the perceived stability.

[examplens]

https://en.wikipedia.org/wiki/Petrodollar

This is the reason why US Dollars will keep ruling as a currency.

USD is the default currency for buying petrol. You cannot buy petrol with euro's or GBP's. You need the "Green"!

yes, this is a fact. i think that is a similar situation with price of gold. when the petrol is not being used, other currency maybe have chance

[expert4knowledge]

I think in future there are possibilities and if hegemony of the powers in the world change then you may expect to see other currencies and maybe you see bitcoin as a substitute.

[n2004al]

Most countries around the world use USD as their reserve currency. Many people in poor countries also put their savings in USD due to the perceived stability.

Very correct. I will add even that the people have their saving in us dollar not even in poor countries but even in other which are not poor but are strong connections with United States or are more welathy. My country is not poor. According to World Bank my country classified with "Upper middle income", have 4,619.2 us dollar income pro capita and most of my people have their savings in us dollar. One the the three options of which is our monetary reserve is us dollar. Our country have even strong connections (government and people) with USA.

[NoRespect]

I think in future there are possibilities and if hegemony of the powers in the world change then you may expect to see other currencies and maybe you see bitcoin as a substitute.

I hope everything is fine and there was no war

[bitgolden]

USA has the very strong economic back round compared to Chinese economics. So, there are lot chances for USA to win. May be US is behind just after china economics. But, fundamentally USA economic is very strong enough to win the currency war.

[Abiky]

The United States of America has a strong economy (and it's been like that over years) but I'm afraid that in the near future, China might take its place with the Yuan. It will only take a matter of time until this happens (now that recently the USD has been declining) Even still, I think that Bitcoin could replace fiat currencies maybe in the next 5 years or so. 

[n2004al]

The United States of America has a strong economy (and it's been like that over years) but I'm afraid that in the near future, China might take its place with the Yuan. It will only take a matter of time until this happens (now that recently the USD has been declining) Even still, I think that Bitcoin could replace fiat currencies maybe in the next 5 years or so. 

The bold words are not correct. During the months of this year us dollar was increased with about 25% of its previous value. See for more here: http://money.cnn.com/2015/03/16/investing/us-dollar-fastest-rise-40-years/

About Chine you are correct with its rhythm of development but I don't think that United States will remain behind.

[Pab]

Arguably the Internet was the final drop that won the US (sorry UK, Australia etc, but let's be honest ) the language war. Before the internet French, German and Spanish had a certain hope for being the global language. Today those hopes are completely gone, and English has won a decisive victory.

I'm just now watching a video with Vorhees where he says that rough financial rules might mean that the US will lose the currency war?

https://www.youtube.com/watch?v=Fv0ETVEZil0

About min 24.

What do you think? Will the US win again, some other country, or wide dispersion?

I am sorry what lauguage you are speaking in USA,USA language.China  1.4 bln people speaking chinise,Russi and all post USSR coutries are speaking russian.India1 bln of people,Latin america speaking spanish
Internet language is mostly english,it is ok becouse english is very simple and communicative.French is nightmare

Currency wars ,no winner only loosers,but if USA will use dollar like a weapon will die from that weapon.That one who fight with sword is dieing from sword