Quote:
Originally Posted by InCoGnEtO
This is my exact point. The more money they print, the more they devalue their currency, and the FURTHER the world moves away from using it as the global currency. There have been many talks and meetings lately between the OTHER world powers about de-centralizing trading from the US dollar. if (when?) that happens, watch the inflation happen in the US. What do you think happens when oil, gas, groceries, etc all jump by 100% inflation in the US?
Occupy Wall St. won't be the only protest.
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Not sure what other currency can take its place. Definitely not the Euro. The Yen or RMB? Bank of China will never go for that. Not sure about BoJ.