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Message Subject Is the US destroying the Euro on purpose
Poster Handle seeker2
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Paper money can have inflationary pressures, due to the amount of money in circulation in relation to what backing the money. While many would say their is nothing backing most paper money that is not really true. The USD is backed by all the goods and service of every american as well as production in agriculture, oil, gold etc....

It is also relative to the amount of foreign reserves that a country has.

So let me run a scenario by you

suppose you could by a currency at 3000 to 1 usd and new that in the future say 10 years it would revalue at 1 to 3 usd and you also held large in the trillion of this currency. You also made a deal to by oil from the country using the reserves you held of theirs at a rate of 34usd per barrel until you exhausted all the reserves. Now we know that oil is selling for about $100 dollars a barrel. So we can also see them making a nice profit off of the resale of the oil. Would you take such a deal. Pretty slick and this was all put into an action plan before the invasion of Iraq according to the state dept. sk
 
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