Originally posted by suityou01
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Proposals for a "world" currency
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Originally posted by Doggy Styles View PostWhat does that mean for the UK?
Actually this isn't news. China has been trying to reduce its reliance on the dollar for months. And it isn't the only country tying to do that.Is God willing to prevent evil, but not able? Then he is not omnipotent. Is he able, but not willing? Then he is malevolent. Is he both able and willing? Then whence cometh evil? Is he neither able nor willing? Then why call him God? - EpicurusComment
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Originally posted by PM-Junkie View PostIt's economic news. In CUK terms therefore, it is by definition bad for the UK.
Actually this isn't news. China has been trying to reduce its reliance on the dollar for months. And it isn't the only country tying to do that.Comment
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Originally posted by ace00 View PostActually we already have a World currency, it's called the Dollar ($).
Just China stirring it.
That said, we will not see a real world currency in our life time, would say good 100+ years until circumstances (read politics) are somewhat right for such a currency for international transactions and probably another 100 years before we would see man on street using it
And my bet is/when it happens it will be called "credit"Comment
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Go back to good old fashioned "Gold" as our money. Use real commodities. No fake wealth generation "from thin air".... Thats the way forward....Comment
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