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Will the Dollar Lose its status as the World's Reserve Currency?

 
Anonymous Coward
User ID: 1462880
United States
07/14/2011 10:34 AM
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Will the Dollar Lose its status as the World's Reserve Currency?
Have you wondered why every day we hear about a new European country that is defaulting and the U.S. who owes more debt than any other country in the entire world has not defaulted? The reason is that we have the dollar and the dollar is the world's reserve currency, when we get into debt all we have to do is turn on the printing press. That's the benefit of having the world's reserve currency. Germany doesn't have that perk, neither does Italy or Portugal or any other country.

Up until 1990 we were the largest creditor nation, today that has been completely undone and reversed. Today we are the MOST indebted country in the ENTIRE WORLD.

Other countries as well as the IMF, the U.N. and the World Bank are starting to call for the end of the dollars reign. It's inevitable. Not only do we...

[link to hubpages.com]
Anonymous Coward
User ID: 506563
Canada
07/14/2011 10:53 AM
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Re: Will the Dollar Lose its status as the World's Reserve Currency?
Nice copy pasta without insight
Anonymous Coward (OP)
User ID: 1462880
United States
07/14/2011 11:13 AM
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Re: Will the Dollar Lose its status as the World's Reserve Currency?
Nice copy pasta without insight
 Quoting: Anonymous Coward 506563


Same to you!
Anonymous Coward
User ID: 1464633
United States
07/14/2011 11:38 AM
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Re: Will the Dollar Lose its status as the World's Reserve Currency?
Nice copy pasta without insight
 Quoting: Anonymous Coward 506563


Same to you!
 Quoting: Anonymous Coward 1462880


The dude is trying to get traffic to his hub, don't be a hater! hf
Anonymous Coward
User ID: 1464633
United States
07/14/2011 11:39 AM
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Re: Will the Dollar Lose its status as the World's Reserve Currency?
Sorry, chick.

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